← Melco Resorts & Entertainment LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $175.9m |
$347.0m
+97.27%
|
$351.5m
+1.30%
|
$373.2m
+6.16%
|
($1.3b)
-438.58%
|
($811.8m)
+35.75%
|
($930.5m)
-14.63%
|
($326.9m)
+64.87%
|
$43.5m
+113.32%
|
$185.0m
+324.97%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $66.9m | $315.3m | $353.9m | $394.2m | ($1.5b) | ($956.5m) | ($1.1b) | ($415.3m) | ($28.0m) | $145.5m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($109.0m) | ($31.7m) | $2.3m | $21.1m | ($191.1m) | ($144.7m) | ($166.6m) | ($88.4m) | ($71.5m) | ($39.6m) | — | |
| Depreciation, Depletion and Amortization | $552.3m | $540.6m | $564.1m | $651.2m | $618.5m | $579.8m | $454.2m | $482.6m | $487.3m | $486.5m | $543.6m | |
| Amortization of Debt Issuance Costs | $48.3m | $26.2m | — | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $57.2m | $57.2m | $56.8m | $56.8m | $57.4m | $57.3m | $32.8m | $0 | $0 | — | — | |
| Amortization of deferred financing costs and original issue premiums | $48.3m | $26.0m | $22.3m | $20.3m | $17.6m | $16.3m | $17.1m | $19.5m | $20.8m | $20.3m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $521.9m | $543.4m | $541.5m | $543.6m | $543.6m | |
| Deferred Income Tax Expense (Benefit) | $815k | ($2.3m) | ($2.4m) | $869k | ($13.9m) | ($2.2m) | $2.3m | ($4.1m) | $1.8m | ($2.0m) | $5.8m | |
| Deferred Income Tax | — | — | — | — | — | — | $5.7m | $6.7m | $5.9m | $5.8m | $5.8m | |
| Deferred Tax | — | — | — | — | — | — | $5.7m | $6.7m | $5.9m | $5.8m | $5.8m | |
| Share-based Payment Arrangement, Noncash Expense | $18.5m | $17.3m | $25.1m | $31.8m | $54.4m | $68.0m | $71.8m | $35.5m | $27.4m | $29.3m | $29.3m | |
| Share-based Payment Arrangement, Expense | $18.5m | $17.3m | $25.1m | $31.8m | $54.4m | $68.0m | $71.8m | $35.5m | $27.4m | $29.3m | $29.3m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | $57.3m | $71.1m | $74.5m | $36.4m | $28.5m | $30.3m | $29.3m | |
| Share-based compensation | $18.5m | $17.3m | $25.1m | $31.8m | $54.4m | $68.0m | $71.8m | $35.5m | $27.4m | $29.3m | $29.3m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($3.2m) | ($23.2m) | $0 | ($9.6m) | ($8.1m) | ($3.6m) | ($3.6m) | ($110.0m) | ($3.1m) | ($4.1m) | — | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $13.9m | $0 | $0 | $0 | $0 | $57.9m | $62.1m | |
| Impairment of long-lived assets | — | — | — | — | — | $3.6m | $3.6m | $207.6m | $3.3m | $4.1m | — | |
| Impairment of goodwill | — | — | $0 | $0 | $13.9m | $0 | $0 | $0 | $0 | $57.9m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $10.4m | $207.6m | $3.3m | $62.1m | $62.1m | |
| Other Nonoperating Income (Expense) | $3.6m | $5.3m | $3.7m | ($23.9m) | ($151.0m) | $3.1m | $3.9m | $2.7m | $3.8m | $3.0m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($132.9m) | $242.5m | $65.1m | $6.3m | $6.3m | |
| Increase (Decrease) in Accounts Receivable | $18.3m | ($54.9m) | $60.5m | $77.6m | ($27.5m) | ($67.6m) | $396k | $31.5m | $53.9m | ($5.0m) | $5.0m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | ($2.0m) | ($2.6m) | $33.2m | $131.8m | $6.4m | ($892k) | ($3.9m) | $2.6m | $12.5m | $5.0m | |
| Accounts receivable | ($18.3m) | $54.9m | ($60.5m) | ($77.6m) | $27.5m | $67.6m | ($396k) | ($31.5m) | ($53.9m) | $5.0m | $5.0m | |
| Change In Receivables | — | — | — | — | — | — | ($396k) | ($31.5m) | ($53.9m) | $5.0m | $5.0m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($396k) | ($31.5m) | ($53.9m) | $5.0m | $5.0m | |
| Inventories, prepaid expenses and other | ($5.9m) | ($2.1m) | ($27.8m) | ($593k) | ($2.2m) | $16.1m | $4.2m | $20.2m | $5.1m | $20.5m | — | |
| Change In Inventory | — | — | — | — | — | — | $4.2m | $20.2m | $5.1m | $20.5m | $20.5m | |
| Accounts payable, accrued expenses and other | $448.3m | $181.7m | $161.5m | ($341.8m) | ($470.6m) | ($178.9m) | ($121.3m) | $212.4m | $82.0m | ($16.9m) | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($121.3m) | $212.4m | $82.0m | ($16.9m) | ($16.9m) | |
| Change in accrued expenses and other current liabilities and other long-term liabilities related to acquisition of property and equipment | $48.8m | $34.1m | $5.4m | $43.2m | $67.0m | $145.3m | $107.2m | $4.4m | $6.0m | $40.0m | — | |
| Change in accrued expenses and other current liabilities and other long-term liabilities related to construction costs | $27.8m | $62.7m | $50.5m | $56.6m | $34.2m | $29.3m | $32.0m | $28.5m | $47.1m | $152k | — | |
| Change in accrued expenses and other current liabilities related to acquisition of intangible assets | — | — | $0 | $0 | $6.4m | $0 | $0 | $6.3m | $0 | $4.4m | — | |
| Other | — | — | — | — | — | ($234k) | $0 | $0 | ($3.1m) | $414k | — | |
| Acquisition of intangible and other assets | — | — | — | — | ($27.3m) | ($7.6m) | ($12.5m) | ($6.9m) | ($39.2m) | ($18.9m) | — | |
| Change in other current and other long-term liabilities arising from recognition of intangible assets | — | — | — | — | — | $0 | $0 | $312.6m | $881k | $30k | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $1.1m | $24.9m | $3.6m | $4.3m | $4.3m | |
| Net Cash Provided by (Used in) Operating Activities | $1.2b |
$1.2b
+0.38%
|
$1.1b
-9.10%
|
$836.2m
-20.87%
|
($861.0m)
-202.97%
|
($268.8m)
+68.78%
|
($619.4m)
-130.47%
|
$622.7m
+200.53%
|
$626.7m
+0.64%
|
$818.1m
+30.55%
|
$818.1m
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | — | — | $8.6m | — | — | ($622.1m) | ($263.9m) | ($301.2m) | ($342.0m) | ($342.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $8.5m | ($5.4m) | ($1.5m) | $169k | ($987k) | ($807k) | ($476k) | ($443k) | ($1.6m) | ($2.3m) | $6.0m | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($479.9m) | ($132.9m) | ($34.2m) | ($15.9m) | ($342.0m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($184.4m) | $214.8m | — | — | $214.8m | |
| Net Cash Provided by (Used in) Investing Activities | $280.6m | ($404.0m) | ($609.7m) | ($1.0b) | ($53.3m) | ($674.6m) | ($806.1m) | ($48.5m) | ($300.8m) | ($341.8m) | ($341.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($17.4m) | ($49.3m) | ($3.5m) | ($6.3m) | ($20.0m) | ($28.8m) | $0 | $1.6m | ($1.0m) | ($756k) | — | |
| Repayments of Long-term Debt | $124.3m | $896.3m | $592.6m | $2.6b | $1.5b | $502.8m | $0 | $2.2b | $1.2b | $2.1b | ($2.1b) | |
| Proceeds from Issuance of Long-term Debt | $0 | $702.6m | $1.1b | $2.9b | $2.7b | $1.4b | $1.8b | $1.3b | $850.3m | $1.7b | $1.7b | |
| Loss (gain) on extinguishment of debt | $17.4m | $49.3m | $3.5m | $6.3m | $20.0m | $28.8m | $0 | ($1.6m) | $1.0m | $756k | — | |
| Proceeds from long-term debt | $0 | $702.6m | $1.1b | $2.9b | $2.7b | $1.4b | $1.8b | $1.3b | $850.3m | $1.7b | — | |
| Repayments of long-term debt to related parties | — | — | — | — | — | — | $0 | ($886k) | ($30.7m) | ($2.6m) | ($2.1b) | |
| Issuance Of Debt | — | — | — | — | — | — | $1.8b | $1.3b | $850.3m | $1.7b | $1.7b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.8b | $1.3b | $850.3m | $1.7b | $1.7b | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | ($2.2b) | ($1.2b) | ($2.1b) | ($2.1b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $1.8b | ($958.0m) | ($328.0m) | ($432.7m) | ($432.7m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $1.8b | ($958.0m) | ($328.0m) | ($432.7m) | ($432.7m) | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | ($2.2b) | ($1.2b) | ($2.1b) | ($2.1b) | |
| Payments for Repurchase of Common Stock | $803.2m | $0 | — | — | — | — | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($196k) | ($314k) | ($344k) | ($78k) | ($78k) | |
| Common Stock Issuance | — | — | — | — | — | — | $134.1m | $0 | $0 | — | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($192.5m) | ($170.5m) | ($113.0m) | ($166.0m) | ($166.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $134.1m | $0 | $0 | — | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($58.4m) | ($170.5m) | ($113.0m) | ($166.0m) | ($166.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($192.5m) | ($170.5m) | ($113.0m) | ($166.0m) | ($166.0m) | |
| Dividends paid | $385.6m | $821.3m | $271.5m | $301.0m | $79.1m | $0 | $196k | $314k | $344k | $78k | ($78k) | |
| Payments of Dividends | $385.6m | $821.3m | $271.5m | $301.0m | $79.1m | $0 | $196k | $314k | $344k | $78k | ($78k) | |
| Dividends Payable, Current | — | — | — | — | $8 | $0 | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($196k) | ($314k) | ($344k) | ($78k) | ($78k) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($8.0m) | ($530k) | ($37.0m) | ($5.0m) | ($5.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($1.3b) |
($1.0b)
+21.92%
|
($404.9m)
+61.29%
|
$97.1m
+123.99%
|
$1.3b
+1201.16%
|
$821.7m
-34.97%
|
$1.8b
+117.01%
|
($1.1b)
-163.32%
|
($478.3m)
+57.64%
|
($603.1m)
-26.08%
|
($603.1m)
0.00%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($287.8m) | $31.0m | ($88.1m) | $323.3m | ($102.2m) | $335.1m | ($552.6m) | ($162.8m) | ($124.6m) | $1.1b | |
| Cash, cash equivalents and restricted cash at beginning of year | $1.7b | $1.5b | $1.5b | $1.4b | $1.8b | $1.7b | $2.0b | $1.4b | $1.3b | $1.1b | — | |
| Beginning Cash Position | — | — | — | — | — | — | $1.7b | $2.0b | $1.4b | $1.3b | $1.3b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $1.5b | $1.5b | $1.4b | $1.8b | $1.7b | $2.0b | $1.4b | $1.3b | $1.1b | $1.1b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($281k) | ($11.2m) | $10.5m | ($26.1m) | $19.4m | ($22.6m) | $2.3m | ($10.3m) | $2.1m | $2.1m | |
| Effect of exchange rate on cash, cash equivalents and restricted cash | ($7.9m) | ($281k) | ($11.2m) | $10.5m | ($26.1m) | $19.4m | ($22.6m) | $2.3m | ($10.3m) | $2.1m | — | |
| Decrease in cash, cash equivalents and restricted cash | ($186.6m) | ($287.8m) | $31.0m | ($88.1m) | $323.3m | ($102.2m) | $335.1m | ($552.6m) | ($162.8m) | ($124.6m) | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($22.6m) | $2.3m | ($10.3m) | $2.1m | $2.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $3.1m | — | — | — | — | |
| Proceeds from Stock Options Exercised | $3.3m | $3.6m | $5.0m | $2.7m | $1.1m | $7.1m | $0 | $226k | $0 | $682k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $209.7m | $239.8m | ($239.3m) | ($253.3m) | ($251.4m) | ($310.3m) | ($350.7m) | ($490.9m) | ($473.2m) | ($460.6m) | — | |
| Income Taxes Paid, Net | $3.4m | $6.5m | $275k | $3.9m | $5.4m | $4.5m | $3.0m | $1.0m | $10.1m | $13.7m | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | $9.4m | $6.9m | $5.2m | $1.9m | $31.0m | $17.2m | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $7.4m | $12.8m | ($9.6m) | ($10.8m) | ($2.1m) | $4.6m | $3.9m | $2.2m | ($15.5m) | $8.7m | — | |
| Goodwill | $81.9m | $81.9m | $81.4m | $95.6m | $82.2m | $81.7m | $81.6m | $81.6m | $82.1m | $23.5m | $62.1m | |
| Income Tax Expense (Benefit) | $8.2m | ($10k) | ($445k) | $8.3m | ($2.9m) | $2.9m | $5.2m | $13.4m | $21.6m | $2.8m | — | |
| Investment Income, Interest | $6.0m | $3.6m | $5.5m | $9.3m | $5.1m | $6.6m | $26.5m | $23.3m | $15.8m | $8.5m | — | |
| Operating Expenses | $724.4m | $815.2m | $851.1m | $941.8m | $836.3m | $812.5m | $743.7m | $977.1m | — | — | — | |
| Proceeds from Noncontrolling Interests | $0 | — | — | — | — | — | — | — | — | — | — | |
| Net reversal of interest accretion on lease and other financial liabilities | — | — | — | — | — | — | ($16.8m) | ($8.1m) | ($11.8m) | ($13.5m) | — | |
| Net gain on disposal of assets held for sale | — | — | — | — | $0 | $0 | $477k | ($4.5m) | $0 | $0 | — | |
| Provision for (reversal of) credit losses | — | — | ($2.6m) | $33.2m | $133.6m | $6.5m | ($433k) | ($3.4m) | $2.9m | $12.5m | — | |
| Provision for input value-added tax | $5.5m | $2.8m | $4.1m | $3.7m | $5.8m | $3.0m | $5.7m | $6.7m | $5.9m | $5.8m | — | |
| Change in fair value of derivative asset/liability | — | — | — | — | — | — | — | $0 | $0 | $2.9m | — | |
| Long-term prepayments, deposits and other | — | ($49.4m) | $14.7m | $49.7m | ($29.6m) | $62.0m | ($16.4m) | $16.6m | $28.3m | ($6.6m) | — | |
| Other long-term liabilities | ($32.8m) | ($10.2m) | ($8.5m) | $4.4m | ($1.1m) | ($3.2m) | $1.1m | $24.9m | $3.6m | $4.3m | — | |
| Payments for capitalized construction costs | ($368.6m) | ($329.3m) | ($233.5m) | ($109.9m) | ($227.7m) | ($532.7m) | ($479.9m) | ($132.9m) | ($34.2m) | ($15.9m) | — | |
| Proceeds from sale of assets held for sale | — | — | — | — | $0 | $0 | $15.6m | $14.8m | $0 | $0 | — | |
| Proceeds from loan repayment from an affiliated company | — | — | — | — | — | $0 | $0 | $200.0m | $0 | $0 | — | |
| Repurchase of shares | ($803.2m) | $0 | ($655.7m) | $0 | ($45.0m) | ($52.0m) | ($189.2m) | ($169.8m) | ($112.3m) | ($166.0m) | — | |
| Payments of intangible assets liabilities | — | — | — | — | — | — | $0 | ($8.0m) | ($8.7m) | ($9.5m) | — | |
| Payments of financing costs | ($27.3m) | ($34.6m) | $0 | ($28.8m) | ($84.1m) | ($37.4m) | ($8.0m) | ($530k) | ($37.0m) | ($5.0m) | — | |
| Proceeds from exercise of share options | $3.3m | $3.6m | $5.0m | $2.7m | $1.1m | $7.1m | $0 | $226k | $0 | $682k | — | |
| Purchase of shares of a subsidiary | ($2.6m) | $0 | ($199.3m) | $0 | $0 | ($8.5m) | ($3.3m) | ($671k) | ($743k) | $0 | — | |
| Change in operating lease liabilities arising from obtaining operating lease right-of-use assets and lease modifications | — | $0 | $0 | $27.7m | $3.5m | $8.8m | $9.4m | $22.4m | $37.6m | $5.4m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $1.8b | ($1.1b) | ($478.3m) | ($603.1m) | ($603.1m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($806.1m) | ($48.5m) | ($300.8m) | ($341.8m) | ($341.8m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $335.1m | ($552.6m) | ($162.8m) | ($124.6m) | — | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($16.4m) | $16.6m | $28.3m | ($6.6m) | ($6.6m) | |
| Changes In Cash | — | — | — | — | — | — | $357.7m | ($554.9m) | ($152.5m) | ($126.8m) | ($126.8m) | |
| End Cash Position | — | — | — | — | — | — | $2.0b | $1.4b | $1.3b | $1.1b | $1.1b | |
| Financing Cash Flow | — | — | — | — | — | — | $1.8b |
($1.1b)
-163.32%
|
($478.3m)
+57.64%
|
($603.1m)
-26.08%
|
($603.1m)
0.00%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($1.2b) | $358.8m | $325.5m | $476.1m | $476.1m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $476k | $443k | $1.6m | $2.3m | $2.3m | |
| Investing Cash Flow | — | — | — | — | — | — | ($806.1m) | ($48.5m) | ($300.8m) | ($341.8m) | ($341.8m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($12.5m) | ($6.9m) | ($39.2m) | ($18.9m) | ($18.9m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | $0 | — | — | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($129.3m) | ($123.6m) | ($227.4m) | ($307.0m) | ($307.0m) | |
| Operating Gains Losses | — | — | — | — | — | — | $953k | ($5.6m) | $2.6m | $6.0m | $6.0m | |
| Other Non Cash Items | — | — | — | — | — | — | $213k | $11.3m | $5.9m | $7.2m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $0 | $226k | $0 | $682k | $682k | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | ($433k) | ($3.4m) | $2.9m | $12.5m | $12.5m | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($12.5m) | ($6.9m) | ($39.2m) | ($18.9m) | ($18.9m) | |
| Purchase Of Investment | — | — | — | — | — | ($298.7m) | $0 | $0 | — | — | $0 | |
| Purchase Of PPE | — | — | — | $8.6m | $8.6m | — | ($129.7m) | ($124.1m) | ($227.8m) | ($307.2m) | ($342.0m) | |
| Sale Of Investment | — | — | — | — | — | $298.7m | $0 | $0 | — | — | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $423k | $530k | $374k | $205k | $205k | |
| Stock Based Compensation | — | — | — | — | — | — | $71.8m | $35.5m | $27.4m | $29.3m | $29.3m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | $0 | $0 | — | — | — | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.