• MGM Resorts average operating margin for 2023 was 9.05%, a 59.54% increase from 2022.
• MGM Resorts average operating margin for 2022 was 22.37%, a 617.82% decline from 2021.
• MGM Resorts average operating margin for 2021 was -4.32%, a 116.51% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.