MGM vs WYNN
MGM Resorts International and Wynn Resorts Ltd., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MGM | WYNN |
|---|---|---|
| Revenue | $17.5B | $7.1B |
| Net income | $205.9M | $327.3M |
| Gross margin | · | · |
| Net margin | 3.0% | 5.7% |
| Return on equity | 7.5% | · |
| Diluted EPS | $0.76 | $3.14 |
| Dividend / share | · | · |
| Payout ratio | · | 53.4% |
| Free cash flow | $1.5B | $692.2M |
| Equity | $2.4B | $-275.5M |
| Net debt / equity | 1.71× | · |
| Current ratio | 1.23× | 1.63× |
| Revenue CAGR 5y | 27.7% | 27.8% |
| Profit CAGR 5y | · | · |
MGM bills 2.5× the revenue of WYNN, and WYNN keeps more of each dollar of revenue as profit (5.7% against 3.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | MGM | WYNN |
|---|---|---|
| FY2025 | $17.5B | $7.1B |
| FY2024 | $17.2B | $7.1B |
| FY2023 | $16.2B | $6.5B |
| FY2022 | $13.1B | $3.8B |
| FY2021 | $9.7B | $3.8B |
| FY2020 | $5.2B | $2.1B |
| FY2019 | $12.9B | $6.6B |
| FY2018 | $11.8B | $6.7B |
| FY2017 | $10.8B | $6.1B |
| FY2016 | $9.5B | $4.3B |
Bottom line
| Fiscal year | MGM | WYNN |
|---|---|---|
| FY2025 | $205.9M | $327.3M |
| FY2024 | $746.6M | $501.1M |
| FY2023 | $1.1B | $730.0M |
| FY2022 | $1.5B | $-423.9M |
| FY2021 | $1.3B | $-755.8M |
| FY2020 | $-1.0B | $-2.1B |
| FY2019 | $2.0B | $123.0M |
| FY2018 | $466.8M | $572.4M |
| FY2017 | $2.0B | $747.2M |
| FY2016 | $1.1B | $242.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$10,399,759,000 | MGM |
| FY2024 | +$10,112,584,000 | MGM |
| FY2023 | +$9,632,352,000 | MGM |
| FY2022 | +$9,370,660,000 | MGM |
| FY2021 | +$5,916,476,000 | MGM |
| FY2020 | +$3,066,221,000 | MGM |
| FY2019 | +$6,288,573,000 | MGM |
| FY2018 | +$5,045,436,000 | MGM |
| FY2017 | +$4,727,319,000 | MGM |
| FY2016 | +$5,132,472,000 | MGM |
| FY2015 | +$5,114,185,000 | MGM |
| FY2014 | +$4,648,323,000 | MGM |
| FY2013 | +$4,188,727,000 | MGM |
| FY2012 | +$4,006,560,000 | MGM |
| FY2011 | +$2,579,520,000 | MGM |
| FY2010 | +$1,871,303,000 | MGM |
| FY2009 | +$2,964,977,000 | MGM |
| FY2008 | +$4,221,443,000 | MGM |
MGM has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.8 pp | WYNN |
| FY2024 | −2.8 pp | WYNN |
| FY2023 | −3.8 pp | WYNN |
| FY2022 | +20.5 pp | MGM |
| FY2021 | +39.4 pp | MGM |
| FY2020 | +85.5 pp | MGM |
| FY2019 | +12.5 pp | MGM |
| FY2018 | −7.0 pp | WYNN |
| FY2017 | +4.7 pp | MGM |
| FY2016 | +6.1 pp | MGM |
| FY2015 | −18.2 pp | WYNN |
| FY2014 | −16.5 pp | WYNN |
| FY2013 | −17.4 pp | WYNN |
| FY2012 | −31.8 pp | WYNN |
| FY2011 | +25.6 pp | MGM |
| FY2010 | −31.3 pp | WYNN |
| FY2009 | −22.8 pp | WYNN |
| FY2008 | −18.9 pp | WYNN |
The higher net margin has changed hands between MGM and WYNN over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WYNN's net margin has been more volatile than MGM's over the 18 comparable fiscal years — 29.2 percentage points of standard deviation against 16.8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between MGM and WYNN over these 18 fiscal years — MGM led in 7 and WYNN in 11.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WYNN's return on equity has been more volatile than MGM's over the 7 comparable fiscal years — 43.6 percentage points of standard deviation against 37.0.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between MGM and WYNN over these 7 fiscal years — MGM led in 2 and WYNN in 5.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.