MGM Resorts International (MGM) — Free Cash Flow Generation Index

Latest as of March 2026: 0.73x

MGM Resorts International (MGM) has a Free Cash Flow Generation Index of 0.73x as of March 2026. Free cash flow of $413.12 Million represents 1% of operating cash flow ($567.79 Million). Explore MGM Resorts International capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.73x
Free Cash Flow / Operating CF

Free Cash Flow

$413.12 Million
USD

Operating Cash Flow

$567.79 Million
USD

Capital Expenditures

$154.66 Million
USD

MGM Resorts International Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for MGM Resorts International across 34 annual periods. For the full cash flow conversion analysis, see MGM Resorts International (MGM) cash conversion ratio.

Annual Free Cash Flow Generation for MGM Resorts International (1989–2025)

Year-by-year Free Cash Flow Generation Index for MGM Resorts International. Check how aggressively does MGM Resorts International reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.61x $1.67 Billion $2.74 Billion $1.07 Billion ▲ +18.8%
2024 0.51x $1.21 Billion $2.36 Billion $1.15 Billion ▼ -21.7%
2023 0.65x $1.77 Billion $2.70 Billion $931.81 Million ▲ +15.5%
2022 0.57x $1.00 Billion $1.77 Billion $765.07 Million ▼ -11.8%
2021 0.64x $882.73 Million $1.37 Billion $490.70 Million ▲ +8.6%
2019 0.59x $1.07 Billion $1.81 Billion $739.01 Million ▲ +332.5%
2018 0.14x $235.70 Million $1.72 Billion $1.49 Billion ▼ -11.8%
2017 0.16x $342.33 Million $2.21 Billion $1.86 Billion ▲ +132.7%
2016 -0.47x $-728.50 Million $1.53 Billion $2.26 Billion ▼ -3.4%
2015 -0.46x $-461.74 Million $1.01 Billion $1.47 Billion ▼ -399.2%
2014 0.15x $173.63 Million $1.13 Billion $957.04 Million ▼ -73.1%
2013 0.57x $748.32 Million $1.31 Billion $562.12 Million ▲ +6.7%
2012 0.54x $486.59 Million $909.35 Million $422.76 Million ▼ -3.4%
2011 0.55x $373.88 Million $675.13 Million $301.24 Million ▼ -5.9%
2010 0.59x $296.52 Million $504.01 Million $207.49 Million ▼ -23.3%
2009 0.77x $451.06 Million $587.91 Million $136.85 Million ▲ +2111.5%
2008 -0.04x $-28.72 Million $753.03 Million $781.75 Million ▲ +98.0%
2007 -1.93x $-1.92 Billion $994.42 Million $2.92 Billion ▼ -253.1%
2006 -0.55x $-666.64 Million $1.22 Billion $1.88 Billion ▼ -253.2%
2005 0.36x $422.85 Million $1.18 Billion $759.95 Million ▲ +134.6%
2004 0.15x $126.39 Million $829.25 Million $702.86 Million ▼ -23.8%
2003 0.20x $137.50 Million $687.74 Million $550.23 Million ▼ -68.6%
2002 0.64x $527.92 Million $827.96 Million $300.04 Million ▲ +8.7%
2001 0.59x $465.81 Million $793.75 Million $327.94 Million ▼ -0.3%
2000 0.59x $481.06 Million $817.56 Million $336.50 Million ▲ +299.7%
1999 -0.29x $-85.40 Million $289.90 Million $375.30 Million ▲ +73.4%
1998 -1.11x $-190.20 Million $171.70 Million $361.90 Million ▼ -365.4%
1997 -0.24x $-43.80 Million $184.00 Million $227.80 Million ▼ -136.4%
1996 0.65x $160.40 Million $245.20 Million $84.80 Million ▼ -2.9%
1995 0.67x $77.10 Million $114.50 Million $37.40 Million ▲ +123.3%
1994 0.30x $28.50 Million $94.50 Million $66.00 Million ▲ +101.8%
1992 -16.97x $-208.70 Million $12.30 Million $221.00 Million ▼ -1628.9%
1991 -0.98x $-21.10 Million $21.50 Million $42.60 Million ▼ -70.4%
1989 -0.58x $-7.20 Million $12.50 Million $19.70 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).