Discounted Cash Flow
MGM Resorts International
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $9.5b | $1.1b | $-728.5m | 11.6% | $1.94 |
| 2017 | $10.8b (13.9%) | $2.0b (78.0%) | $342.3m (147.0%) | 18.2% (56.2%) | $3.39 (74.7%) |
| 2018 | $11.8b (9.2%) | $466.8m (-76.2%) | $235.7m (-31.1%) | 4.0% (-78.2%) | $0.82 (-75.8%) |
| 2019 | $12.9b (9.7%) | $2.0b (339.0%) | $1.1b (354.6%) | 15.9% (300.3%) | $3.90 (375.6%) |
| 2020 | $5.2b (-60.0%) | $-1.0b (-150.4%) | $-1.8b (-264.6%) | -20.0% (-225.9%) | $-2.02 (-151.8%) |
| 2021 | $9.7b (87.5%) | $1.3b (221.5%) | $882.7m (150.1%) | 13.0% (164.8%) | $2.44 (220.8%) |
| 2022 | $13.1b (35.6%) | $1.5b (17.4%) | $991.4m (12.3%) | 11.2% (-13.4%) | $3.52 (44.3%) |
| 2023 | $16.2b (23.1%) | $1.1b (-22.5%) | $1.8b (77.4%) | 7.1% (-37.0%) | $3.22 (-8.5%) |
| 2024 | $17.2b (6.7%) | $746.6m (-34.6%) | $1.2b (-31.1%) | 4.3% (-38.7%) | $2.42 (-24.8%) |
| 2025 | $17.5b (1.7%) | $205.9m (-72.4%) | $1.5b (20.5%) | 1.2% (-72.9%) | $0.77 (-68.2%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.