Stocks Consumer discretionary MLCO
NASDAQ · Consumer discretionaryMelco Resorts & Entertainment LTD (MLCO)
Melco Resorts & Entertainment LTD reported revenue of $5.2B in fiscal 2025, up 11.3% from a year earlier. Net income was $185M, a net margin of 3.6%. Operating cash flow minus capital spending left $802.2M of free cash flow in fiscal 2025. At December 31, 2025 it held $1B in cash against $6.7B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 13, 2026.
Key facts about Melco Resorts & Entertainment LTD
- Net worth
- Melco Resorts & Entertainment LTD has a market value (market cap) of $1.8B at the latest share price, and shareholders' equity of -$1.2B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $5.2B (+11.3% year on year), with net income of $185M.
- Cash flow
- In fiscal 2025 operations brought in $818.1M of cash; after $15.9M of capital spending, free cash flow was $802.2M.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 13, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Melco Resorts & Entertainment LTD does
Melco Resorts & Entertainment LTD is registered with the SEC under industry code SIC 7011 (Hotels & Motels). Its shares trade on NASDAQ under the ticker MLCO.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $5.2B | $185M | $0.15 | $802.2M |
| 2024 | $4.6B | $43.5M | $0.03 | $592.5M |
| 2023 | $3.8B | -$326.9M | -$0.25 | $489.8M |
| 2022 | $1.3B | -$930.5M | -$0.67 | -$1.1B |
| 2021 | $2B | -$811.8M | -$0.57 | -$801.4M |
| 2020 | $1.7B | -$1.3B | -$0.88 | -$1.1B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MLCO ranks in Consumer discretionary
Dividends
It paid out $78K in cash dividends, 0% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $78K | 0% |
| 2024 | n/a | $344K | 1% |
| 2023 | n/a | $314K | n/a |
| 2022 | n/a | $196K | n/a |
| 2021 | n/a | $0 | n/a |
| 2020 | $0.06 | $79.1M | n/a |
Latest SEC filings
What Melco Resorts & Entertainment LTD has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026
- October 28, 2026
- October 23, 2026
- October 9, 2026Activist stake changed SCHEDULE 13D/A
- September 23, 2026
- September 18, 2026Activist stake changed SCHEDULE 13D/A
- August 28, 2026
- August 24, 2026
- August 14, 2026
- August 7, 2026
Insider trades
What the people running Melco Resorts & Entertainment LTD did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 3 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 2, 2026 | Winter Graham PaulChief Legal Officer | Shares withheld for tax | 1,881 | $2.6K |
| September 16, 2026 | Ho Lawrence Yau LungChief Executive Officer, Director | Gave as a gift | 16,505,664 | - |
| September 16, 2026 | Ho Lawrence Yau LungChief Executive Officer, Director | Gave as a giftindirect | 9,934,422 | - |
| June 3, 2026 | Davis Geoffrey StuartChief Financial Officer | Shares withheld for tax | 55,512 | $107.1K |
| May 8, 2026 | Wu Thomas JeffersonDirector | Received as pay | 97,767 | - |
| May 8, 2026 | Galante FrancescaDirector | Received as pay | 97,767 | - |
| May 8, 2026 | Winter Graham PaulChief Legal Officer | Received as pay | 336,888 | - |
| May 8, 2026 | Davis Geoffrey StuartChief Financial Officer | Received as pay | 1,040,499 | - |
Who owns MLCO
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Melco International Development Limited13D, may seek influence with 2 related filers | 62.6% | October 9, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 166 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| ARGA Investment Management, LP | 12,405,022 | -2,103,092 |
| Citadel Advisors LLC | 11,607,461 | +540,524 |
| FIL Ltd | 9,431,944 | 0 |
| BlackRock, Inc. | 9,107,547 | +610,639 |
| Arrowstreet Capital, Limited Partnership | 8,993,605 | -28,756 |
| Jpmorgan Chase & Co | 5,757,942 | +1,866,336 |
| D. E. Shaw & Co., Inc. | 4,501,262 | +322,032 |
| Wcm Investment Management, LLC | 3,717,241 | -177,493 |
| Renaissance Technologies LLC | 3,309,452 | -1,152,148 |
| UBS Group AG | 2,483,649 | -1,717,357 |
| Morgan Stanley | 2,190,010 | -425,107 |
| Coronation Fund Managers Ltd. | 1,973,640 | -9,295,706 |
| Jain Global LLC | 1,890,858 | new |
| Owl Creek Asset Management, L.P. | 1,722,262 | new |
| State Street Corp | 1,626,085 | +14,072 |
| Southeastern Asset Management Inc | 1,607,854 | -189,400 |
| Millennium Management LLC | 1,523,986 | +1,142,951 |
| Sei Investments Co | 1,324,476 | -75,954 |
| Bnp Paribas Financial Markets | 1,258,001 | -11,781 |
| Capitolis Liquid Global Markets LLC | 1,216,000 | 0 |
Insiders
11 insiders reported holding 27,440,285 shares in total, about $122.7M at the last price.
| Holder | Shares |
|---|---|
| Ho Lawrence Yau LungChief Executive Officer, Director | 8,797,083 |
| Winkler Evan AndrewPresident, Director | 7,075,464 |
| Davis Geoffrey StuartChief Financial Officer | 4,271,178 |
| Takahashi AkikoSee Remarks | 2,496,378 |
| Chung Clarence YMDirector | 1,375,054 |
| Winter Graham PaulChief Legal Officer | 906,213 |
| Wu Thomas JeffersonDirector | 896,342 |
| Tsui Yiu Wa AlecDirector | 682,862 |
| Galante FrancescaDirector | 505,659 |
| Kuzdowicz Amy L.Principal Accounting Officer | 329,337 |
Questions about MLCO
What does Melco Resorts & Entertainment LTD do?
Melco Resorts & Entertainment LTD is a company in the Consumer discretionary sector, listed on NASDAQ as MLCO. Its shares trade on NASDAQ under the ticker MLCO.
What is Melco Resorts & Entertainment LTD's net worth?
Melco Resorts & Entertainment LTD has a market value (market cap) of $1.8B at the latest share price, and shareholders' equity of -$1.2B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Melco Resorts & Entertainment LTD profitable?
Yes. In fiscal 2025 it reported net income of $185M on revenue of $5.2B, a net margin of 3.6%.
How much revenue does Melco Resorts & Entertainment LTD make?
In fiscal 2025 Melco Resorts & Entertainment LTD reported revenue of $5.2B. That is 11.3% more than a year earlier.
When did Melco Resorts & Entertainment LTD last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 13, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from November 5, 2026.
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Where the numbers come from
Financial figures are the values Melco Resorts & Entertainment LTD tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.