MGM Resorts Cost of Goods Sold 2010-2024 | MGM

MGM Resorts annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • MGM Resorts cost of goods sold for the quarter ending September 30, 2024 was $2.315B, a 10.38% increase year-over-year.
  • MGM Resorts cost of goods sold for the twelve months ending September 30, 2024 was $9.375B, a 16.73% increase year-over-year.
  • MGM Resorts annual cost of goods sold for 2023 was $8.554B, a 28.57% increase from 2022.
  • MGM Resorts annual cost of goods sold for 2022 was $6.653B, a 32.25% increase from 2021.
  • MGM Resorts annual cost of goods sold for 2021 was $5.031B, a 45.7% increase from 2020.
MGM Resorts Annual Cost of Goods Sold
(Millions of US $)
2023 $8,554
2022 $6,653
2021 $5,031
2020 $3,453
2019 $7,603
2018 $8,684
2017 $6,193
2016 $5,521
2015 $5,625
2014 $6,369
2013 $6,259
2012 $5,921
2011 $5,026
2010 $3,794
2009 $3,571
MGM Resorts Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $2,315
2024-06-30 $2,323
2024-03-31 $2,361
2023-12-31 $2,375
2023-09-30 $2,097
2023-06-30 $2,084
2023-03-31 $1,997
2022-12-31 $1,853
2022-09-30 $1,721
2022-06-30 $1,610
2022-03-31 $1,470
2021-12-31 $1,565
2021-09-30 $1,392
2021-06-30 $1,146
2021-03-31 $928
2020-12-31 $911
2020-09-30 $730
2020-06-30 $374
2020-03-31 $1,438
2019-12-31 $1,900
2019-09-30 $1,937
2019-06-30 $1,905
2019-03-31 $1,862
2018-12-31 $3,591
2018-09-30 $1,787
2018-06-30 $1,669
2018-03-31 $1,635
2017-12-31 $1,542
2017-09-30 $1,598
2017-06-30 $1,521
2017-03-31 $1,532
2016-12-31 $1,481
2016-09-30 $1,426
2016-06-30 $1,313
2016-03-31 $1,302
2015-12-31 $1,320
2015-09-30 $1,398
2015-06-30 $1,456
2015-03-31 $1,452
2014-12-31 $1,507
2014-09-30 $1,593
2014-06-30 $1,619
2014-03-31 $1,650
2013-12-31 $1,605
2013-09-30 $1,580
2013-06-30 $1,580
2013-03-31 $1,494
2012-12-31 $1,484
2012-09-30 $1,463
2012-06-30 $1,476
2012-03-31 $1,498
2011-12-31 $1,505
2011-09-30 $1,443
2011-06-30 $1,131
2011-03-31 $948
2010-12-31 $945
2010-09-30 $966
2010-06-30 $964
2010-03-31 $920
2009-12-31 $935
2009-09-30 $889
2009-06-30 $864
2009-03-31 $884
Sector Industry Market Cap Revenue
Consumer Discretionary Gaming $10.841B $16.164B
MGM Resorts International is a holding company which owns and operates casino resorts through wholly owned subsidiaries. The company's resorts portfolio incorporates unique hotel offerings, including some of the most familiar resort brands in the industry such as Bellagio, MGM Grand, Mandalay Bay and The Mirage. The company reports under three segments: Las Vegas Strip, Regional Operations, MGM China and Management and other operations. MGM China's operations consist of the MGM Macau resort and casino and the company is currently developing an integrated casino, hotel, and entertainment resort on the Cotai Strip in the region. MGM Resorts created a controlled real estate investment trust named MGM Growth Properties LLC. MGM Growth Properties LLC, a premier real estate investment trust engaged in the acquisition, ownership and leasing of large-scale resorts. The company's superior business model, extensive non-gaming revenue opportunities, high-quality assets and property locations are primary growth drivers.
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