MGM Resorts International (MGM) — Tangible Net Worth Ratio
MGM Resorts International (MGM) has a Tangible Net Worth Ratio of 60.7% as of March 2026. This metric is calculated by deducting intangible assets ($1.31 Billion) from net assets ($3.33 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See MGM Resorts International short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MGM Resorts International Tangible Net Worth Ratio (1988–2025)
This chart shows how MGM Resorts International's Tangible Net Worth Ratio has changed across 38 annual periods from 1988 to 2025. As of March 2026, the ratio stands at 60.7%, reflecting net assets of $3.33 Billion with intangible assets of $1.31 Billion USD. See how many days can MGM Resorts International fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for MGM Resorts International (1988–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for MGM Resorts International from 1988 to 2025, covering 38 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see MGM stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.6% | $3.28 Billion | $1.36 Billion | $41.37 Billion | ▲ +4.7 pp |
| 2024 | 53.9% | $3.72 Billion | $1.72 Billion | $42.23 Billion | ▼ -6.6 pp |
| 2023 | 60.5% | $4.37 Billion | $1.72 Billion | $42.37 Billion | ▼ -10.6 pp |
| 2022 | 71.1% | $5.37 Billion | $1.55 Billion | $45.69 Billion | ▲ +3.6 pp |
| 2021 | 67.5% | $11.12 Billion | $3.62 Billion | $40.90 Billion | ▼ -0.1 pp |
| 2020 | 67.6% | $11.25 Billion | $3.64 Billion | $36.49 Billion | ▼ -2.4 pp |
| 2019 | 70.0% | $12.77 Billion | $3.83 Billion | $33.88 Billion | ▲ +7.3 pp |
| 2018 | 62.7% | $10.57 Billion | $3.94 Billion | $30.21 Billion | ▼ -4.1 pp |
| 2017 | 66.8% | $11.69 Billion | $3.88 Billion | $29.16 Billion | ▲ +7.6 pp |
| 2016 | 59.2% | $10.02 Billion | $4.09 Billion | $28.17 Billion | ▲ +12.8 pp |
| 2015 | 46.4% | $7.77 Billion | $4.16 Billion | $25.22 Billion | ▲ +3.6 pp |
| 2014 | 42.8% | $7.63 Billion | $4.36 Billion | $26.59 Billion | ▲ +0.1 pp |
| 2013 | 42.7% | $7.88 Billion | $4.51 Billion | $26.11 Billion | ▲ +1.1 pp |
| 2012 | 41.6% | $8.12 Billion | $4.74 Billion | $26.28 Billion | ▼ -7.3 pp |
| 2011 | 48.9% | $9.88 Billion | $5.05 Billion | $27.77 Billion | ▼ -39.7 pp |
| 2010 | 88.6% | $3.00 Billion | $342.80 Million | $18.96 Billion | ▼ -2.5 pp |
| 2009 | 91.1% | $3.87 Billion | $344.25 Million | $22.52 Billion | ▲ +107.9 pp |
| 2008 | -16.8% | $3.97 Billion | $4.64 Billion | $23.27 Billion | ▼ -110.8 pp |
| 2007 | 94.0% | $6.06 Billion | $362.10 Million | $22.73 Billion | ▲ +3.6 pp |
| 2006 | 90.5% | $3.85 Billion | $367.20 Million | $22.15 Billion | ▲ +2.1 pp |
| 2005 | 88.3% | $3.24 Billion | $377.48 Million | $20.70 Billion | ▼ -3.2 pp |
| 2004 | 91.6% | $2.77 Billion | $233.34 Million | $11.12 Billion | ▲ +2.1 pp |
| 2003 | 89.4% | $2.53 Billion | $267.67 Million | $10.81 Billion | ▼ -1.0 pp |
| 2002 | 90.4% | $2.66 Billion | $256.11 Million | $10.50 Billion | ▼ -5.5 pp |
| 2001 | 95.9% | $2.51 Billion | $103.06 Million | $10.50 Billion | ▼ -1.8 pp |
| 2000 | 97.7% | $2.38 Billion | $54.28 Million | $10.73 Billion | ▲ +0.8 pp |
| 1999 | 96.9% | $1.02 Billion | $31.68 Million | $2.74 Billion | ▲ +0.8 pp |
| 1998 | 96.1% | $964.40 Million | $37.60 Million | $1.77 Billion | ▼ -0.4 pp |
| 1997 | 96.5% | $1.10 Billion | $38.60 Million | $1.40 Billion | ▲ +0.6 pp |
| 1996 | 95.9% | $973.40 Million | $39.60 Million | $1.29 Billion | ▲ +2.9 pp |
| 1995 | 93.0% | $584.50 Million | $40.70 Million | $1.28 Billion | ▼ -6.8 pp |
| 1994 | 99.8% | $529.40 Million | $1.10 Million | $1.14 Billion | ▲ +0.0 pp |
| 1993 | 99.8% | $481.80 Million | $1.20 Million | $1.16 Billion | ▼ 0.0 pp |
| 1992 | 99.8% | $526.80 Million | $1.20 Million | $1.06 Billion | ▲ +0.0 pp |
| 1991 | 99.7% | $446.90 Million | $1.20 Million | $473.10 Million | ▲ +0.4 pp |
| 1990 | 99.4% | $258.40 Million | $1.60 Million | $375.90 Million | ▼ 0.0 pp |
| 1989 | 99.4% | $265.10 Million | $1.60 Million | $292.40 Million | ▲ +0.4 pp |
| 1988 | 99.0% | $204.60 Million | $2.00 Million | $277.30 Million | — |