MGM Resorts International (MGM) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.43x

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. Check earnings quality score of MGM Resorts International to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.43x
(Capex + Investments) / Operating CF

Total Reinvested

$241.47 Million
Capex + Investments

Operating Cash Flow

$567.79 Million
USD

Capital Expenditures

$154.66 Million
USD

MGM Resorts International Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for MGM Resorts International across 34 annual periods. Explore long-term investment intensity of MGM Resorts International to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for MGM Resorts International (1989–2025)

Year-by-year capital reinvestment analysis for MGM Resorts International. For live market cap and broader valuation context, see market value of MGM Resorts International.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow