MGM Resorts International (MGM) — Cash Flow Reinvestment Rate
MGM Resorts International (MGM) has a Cash Flow Reinvestment Rate of 0.43x as of March 2026, reinvesting $241.47 Million (capex $154.66 Million plus investments $-86.81 Million) from operating cash flow of $567.79 Million. See MGM free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
MGM Resorts International Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for MGM Resorts International across 34 annual periods. For the full cash flow conversion analysis, see MGM Resorts International (MGM) cash flow conversion.
Annual Cash Flow Reinvestment Rate for MGM Resorts International (1989–2025)
Year-by-year capital reinvestment analysis for MGM Resorts International. See MGM free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.41x | $1.12 Billion | $2.74 Billion | $1.07 Billion | ▼ -60.4% |
| 2024 | 1.03x | $2.43 Billion | $2.36 Billion | $1.15 Billion | ▲ +165.6% |
| 2023 | 0.39x | $1.05 Billion | $2.70 Billion | $931.81 Million | ▼ -32.1% |
| 2022 | 0.57x | $1.01 Billion | $1.77 Billion | $765.07 Million | ▲ +10.9% |
| 2021 | 0.52x | $707.89 Million | $1.37 Billion | $490.70 Million | ▼ -81.0% |
| 2019 | 2.71x | $4.91 Billion | $1.81 Billion | $739.01 Million | ▲ +166.4% |
| 2018 | 1.02x | $1.75 Billion | $1.72 Billion | $1.49 Billion | ▲ +4.5% |
| 2017 | 0.97x | $2.15 Billion | $2.21 Billion | $1.86 Billion | ▼ -46.7% |
| 2016 | 1.83x | $2.80 Billion | $1.53 Billion | $2.26 Billion | ▲ +10.5% |
| 2015 | 1.65x | $1.66 Billion | $1.01 Billion | $1.47 Billion | ▲ +21.2% |
| 2014 | 1.36x | $1.54 Billion | $1.13 Billion | $957.04 Million | ▲ +215.7% |
| 2013 | 0.43x | $566.33 Million | $1.31 Billion | $562.12 Million | ▼ -11.8% |
| 2012 | 0.49x | $445.37 Million | $909.35 Million | $422.76 Million | ▼ -23.2% |
| 2011 | 0.64x | $430.27 Million | $675.13 Million | $301.24 Million | ▼ -64.7% |
| 2010 | 1.81x | $910.49 Million | $504.01 Million | $207.49 Million | ▲ +676.1% |
| 2009 | 0.23x | $136.85 Million | $587.91 Million | $136.85 Million | ▼ -77.6% |
| 2008 | 1.04x | $781.75 Million | $753.03 Million | $781.75 Million | ▼ -64.6% |
| 2007 | 2.93x | $2.92 Billion | $994.42 Million | $2.92 Billion | ▲ +89.6% |
| 2006 | 1.55x | $1.88 Billion | $1.22 Billion | $1.88 Billion | ▲ +140.9% |
| 2005 | 0.64x | $759.95 Million | $1.18 Billion | $759.95 Million | ▼ -24.2% |
| 2004 | 0.85x | $702.86 Million | $829.25 Million | $702.86 Million | ▲ +5.9% |
| 2003 | 0.80x | $550.23 Million | $687.74 Million | $550.23 Million | ▲ +120.8% |
| 2002 | 0.36x | $300.04 Million | $827.96 Million | $300.04 Million | ▼ -12.3% |
| 2001 | 0.41x | $327.94 Million | $793.75 Million | $327.94 Million | ▲ +0.4% |
| 2000 | 0.41x | $336.50 Million | $817.56 Million | $336.50 Million | ▼ -68.2% |
| 1999 | 1.29x | $375.30 Million | $289.90 Million | $375.30 Million | ▼ -38.6% |
| 1998 | 2.11x | $361.90 Million | $171.70 Million | $361.90 Million | ▲ +70.2% |
| 1997 | 1.24x | $227.80 Million | $184.00 Million | $227.80 Million | ▲ +258.0% |
| 1996 | 0.35x | $84.80 Million | $245.20 Million | $84.80 Million | ▲ +5.9% |
| 1995 | 0.33x | $37.40 Million | $114.50 Million | $37.40 Million | ▼ -53.2% |
| 1994 | 0.70x | $66.00 Million | $94.50 Million | $66.00 Million | ▼ -96.1% |
| 1992 | 17.97x | $221.00 Million | $12.30 Million | $221.00 Million | ▲ +806.8% |
| 1991 | 1.98x | $42.60 Million | $21.50 Million | $42.60 Million | ▲ +25.7% |
| 1989 | 1.58x | $19.70 Million | $12.50 Million | $19.70 Million | — |