• MGM Resorts average return on tangible equity for 2023 was -67.06, a 312.68% decline from 2022.
• MGM Resorts average return on tangible equity for 2022 was -16.25, a 188.12% increase from 2021.
• MGM Resorts average return on tangible equity for 2021 was -5.64, a 126.79% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.