MGM Resorts Gross Margin 2010-2024 | MGM
- MGM Resorts average gross margin for 2023 was 48.13%, a 2.17% decline from 2022.
- MGM Resorts average gross margin for 2022 was 49.2%, a 13.97% decline from 2021.
- MGM Resorts average gross margin for 2021 was 43.17%, a 18.4% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.