MGM Resorts International Financial Flexibility Index
MGM Resorts International financial flexibility index. MGM Resorts International (MGM) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $722.45 Million (operating CF $567.79 Million minus capex $154.66 Million) represents 0% of total liabilities ($38.07 Billion). See MGM free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of MGM Resorts International (1989–2025)
Financial flexibility index of MGM Resorts International from 1989 to 2025. Historical Financial Flexibility Index trend for MGM Resorts International across 37 annual periods. Check MGM Resorts International earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
MGM Resorts International Financial Flexibility Index by Year (1989–2025)
MGM Resorts International financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for MGM Resorts International. For the full cash flow conversion analysis, see cash flow conversion of MGM Resorts International.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.10x | $3.81 Billion | $2.74 Billion | $38.10 Billion | ▲ +9.5% |
| 2024 | 0.09x | $3.51 Billion | $2.36 Billion | $38.51 Billion | ▼ -4.5% |
| 2023 | 0.10x | $3.63 Billion | $2.70 Billion | $38.00 Billion | ▲ +52.2% |
| 2022 | 0.06x | $2.53 Billion | $1.77 Billion | $40.32 Billion | ▲ +0.3% |
| 2021 | 0.06x | $1.86 Billion | $1.37 Billion | $29.77 Billion | ▲ +229.3% |
| 2020 | -0.05x | $-1.22 Billion | $-1.49 Billion | $25.25 Billion | ▼ -140.1% |
| 2019 | 0.12x | $2.55 Billion | $1.81 Billion | $21.11 Billion | ▼ -26.1% |
| 2018 | 0.16x | $3.21 Billion | $1.72 Billion | $19.64 Billion | ▼ -29.9% |
| 2017 | 0.23x | $4.07 Billion | $2.21 Billion | $17.47 Billion | ▲ +11.4% |
| 2016 | 0.21x | $3.80 Billion | $1.53 Billion | $18.15 Billion | ▲ +47.6% |
| 2015 | 0.14x | $2.47 Billion | $1.01 Billion | $17.44 Billion | ▲ +28.7% |
| 2014 | 0.11x | $2.09 Billion | $1.13 Billion | $18.97 Billion | ▲ +7.2% |
| 2013 | 0.10x | $1.87 Billion | $1.31 Billion | $18.23 Billion | ▲ +40.1% |
| 2012 | 0.07x | $1.33 Billion | $909.35 Million | $18.17 Billion | ▲ +34.3% |
| 2011 | 0.05x | $976.37 Million | $675.13 Million | $17.88 Billion | ▲ +22.5% |
| 2010 | 0.04x | $711.50 Million | $504.01 Million | $15.96 Billion | ▲ +14.7% |
| 2009 | 0.04x | $724.76 Million | $587.91 Million | $18.65 Billion | ▼ -51.1% |
| 2008 | 0.08x | $1.53 Billion | $753.03 Million | $19.30 Billion | ▼ -66.1% |
| 2007 | 0.23x | $3.91 Billion | $994.42 Million | $16.67 Billion | ▲ +38.5% |
| 2006 | 0.17x | $3.10 Billion | $1.22 Billion | $18.30 Billion | ▲ +52.4% |
| 2005 | 0.11x | $1.94 Billion | $1.18 Billion | $17.46 Billion | ▼ -39.4% |
| 2004 | 0.18x | $1.53 Billion | $829.25 Million | $8.34 Billion | ▲ +22.8% |
| 2003 | 0.15x | $1.24 Billion | $687.74 Million | $8.28 Billion | ▲ +4.0% |
| 2002 | 0.14x | $1.13 Billion | $827.96 Million | $7.84 Billion | ▲ +2.4% |
| 2001 | 0.14x | $1.12 Billion | $793.75 Million | $7.99 Billion | ▲ +1.6% |
| 2000 | 0.14x | $1.15 Billion | $817.56 Million | $8.35 Billion | ▼ -64.3% |
| 1999 | 0.39x | $665.20 Million | $289.90 Million | $1.72 Billion | ▼ -41.7% |
| 1998 | 0.66x | $533.60 Million | $171.70 Million | $804.60 Million | ▼ -52.2% |
| 1997 | 1.39x | $411.80 Million | $184.00 Million | $296.80 Million | ▲ +32.1% |
| 1996 | 1.05x | $330.00 Million | $245.20 Million | $314.30 Million | ▲ +382.3% |
| 1995 | 0.22x | $151.90 Million | $114.50 Million | $697.70 Million | ▼ -17.1% |
| 1994 | 0.26x | $160.50 Million | $94.50 Million | $611.40 Million | ▼ -59.8% |
| 1993 | 0.65x | $442.50 Million | $-37.60 Million | $678.30 Million | ▲ +50.1% |
| 1992 | 0.43x | $233.30 Million | $12.30 Million | $536.70 Million | ▼ -82.2% |
| 1991 | 2.45x | $64.10 Million | $21.50 Million | $26.20 Million | ▲ +93.7% |
| 1990 | 1.26x | $148.40 Million | $-11.20 Million | $117.50 Million | ▲ +7.1% |
| 1989 | 1.18x | $32.20 Million | $12.50 Million | $27.30 Million | — |