• MGM Resorts average ebitda margin for 2023 was 25.27%, a 35.57% decline from 2022.
• MGM Resorts average ebitda margin for 2022 was 39.22%, a 185.24% decline from 2021.
• MGM Resorts average ebitda margin for 2021 was 13.75%, a 68.23% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.