MGM Resorts International (MGM) — 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). Check total reinvestment intensity of MGM Resorts International to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
MGM Resorts International Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for MGM Resorts International across 37 annual periods. For the full cash flow conversion analysis, see MGM operating cash flow.
Annual Financial Flexibility Index for MGM Resorts International (1989–2025)
Year-by-year free cash flow to debt coverage for MGM Resorts International. Explore MGM debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| 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 | — |