Invesaro

Stocks Comparison

MGM Resorts International vs Wynn Resorts: revenue, profit, margins and growth compared

MGM Resorts International brought in $17.5B of revenue in fiscal 2025, Wynn Resorts $7.1B in fiscal 2025. Revenue changed by +1.7% at MGM Resorts International and +0.1% at Wynn Resorts on the year before, so MGM Resorts International grew faster. MGM Resorts International kept 1.2% of its revenue as net profit, Wynn Resorts 4.6%. Free cash flow was $1.5B at MGM Resorts International and $692.2M at Wynn Resorts.

Side by side, latest fiscal year

MGMWYNN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$17.5B$7.1B
Revenue growth+1.7%+0.1%
Net income$205.9M$327.3M
Net margin1.2%4.6%
Free cash flow$1.5B$692.2M
Free cash flow margin8.3%9.7%
Earnings per share (diluted)$0.76$3.14
Cash$2.1B$1.5B
Debt$6.2B$10.5B
Price to earnings42.925.8
Market value$8.4B$8.4B
Dividend yieldn/an/a
Rank by revenue in sector#70 of 778 · Consumer discretionary#153 of 778 · Consumer discretionary

Over the years

Revenue
MGM FY2018: $11.8BMGM FY2019: $12.9BMGM FY2020: $5.2BMGM FY2021: $9.7BMGM FY2022: $13.1BMGM FY2023: $16.2BMGM FY2024: $17.2BMGM FY2025: $17.5BWYNN FY2018: $6.7BWYNN FY2019: $6.6BWYNN FY2020: $2.1BWYNN FY2021: $3.8BWYNN FY2022: $3.8BWYNN FY2023: $6.5BWYNN FY2024: $7.1BWYNN FY2025: $7.1BFY18FY19FY20FY21FY22FY23FY24FY25
MGM $17.5BWYNN $7.1B
Net income
MGM FY2018: $466.8MMGM FY2019: $2BMGM FY2020: -$1BMGM FY2021: $1.3BMGM FY2022: $1.5BMGM FY2023: $1.1BMGM FY2024: $746.6MMGM FY2025: $205.9MWYNN FY2018: $572.4MWYNN FY2019: $123MWYNN FY2020: -$2.1BWYNN FY2021: -$755.8MWYNN FY2022: -$423.9MWYNN FY2023: $730MWYNN FY2024: $501.1MWYNN FY2025: $327.3MFY18FY19FY20FY21FY22FY23FY24FY25
MGM $205.9MWYNN $327.3M
Net margin
MGM FY2018: 4.0%MGM FY2019: 15.9%MGM FY2020: -20.0%MGM FY2021: 13.0%MGM FY2022: 11.2%MGM FY2023: 7.1%MGM FY2024: 4.3%MGM FY2025: 1.2%WYNN FY2018: 8.5%WYNN FY2019: 1.9%WYNN FY2020: -98.6%WYNN FY2021: -20.1%WYNN FY2022: -11.3%WYNN FY2023: 11.2%WYNN FY2024: 7.0%WYNN FY2025: 4.6%FY18FY19FY20FY21FY22FY23FY24FY25
MGM 1.2%WYNN 4.6%
Revenue growth
MGM FY2019: +9.7%MGM FY2020: -60.0%MGM FY2021: +87.5%MGM FY2022: +35.6%MGM FY2023: +23.1%MGM FY2024: +6.7%MGM FY2025: +1.7%WYNN FY2019: -1.6%WYNN FY2020: -68.3%WYNN FY2021: +79.6%WYNN FY2022: -0.2%WYNN FY2023: +73.9%WYNN FY2024: +9.1%WYNN FY2025: +0.1%FY19FY20FY21FY22FY23FY24FY25
MGM +1.7%WYNN +0.1%
Free cash flow
MGM FY2018: $235.7MMGM FY2019: $1.1BMGM FY2020: -$1.8BMGM FY2021: $882.7MMGM FY2022: $991.4MMGM FY2023: $1.8BMGM FY2024: $1.2BMGM FY2025: $1.5BWYNN FY2018: -$514.5MWYNN FY2019: -$162.2MWYNN FY2020: -$1.4BWYNN FY2021: -$513.2MWYNN FY2022: -$371.4MWYNN FY2023: $805.1MWYNN FY2024: $1BWYNN FY2025: $692.2MFY18FY19FY20FY21FY22FY23FY24FY25
MGM $1.5BWYNN $692.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about MGM Resorts International and Wynn Resorts

Which is bigger by revenue, MGM Resorts International or Wynn Resorts?

MGM Resorts International is bigger by revenue: $17.5B in fiscal 2025, against $7.1B for Wynn Resorts in fiscal 2025.

Which keeps more of its revenue as profit, MGM Resorts International or Wynn Resorts?

MGM Resorts International had a net margin of 1.2% in fiscal 2025; Wynn Resorts had 4.6% in fiscal 2025.

Which grew revenue faster, MGM Resorts International or Wynn Resorts?

In their latest fiscal years revenue changed by +1.7% at MGM Resorts International and +0.1% at Wynn Resorts.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies