---
title: "MGM Resorts: Competitors"
description: "MGM Resorts compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/mgm-resorts/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# MGM Resorts: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies MGM Resorts under SIC code 7011 (Hotels & Motels). Among Swoopr's S&P 500 Equal Weight companies, 13 others share that classification; by latest reported revenue, MGM Resorts ranks 2 of 14. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does MGM Resorts Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [Marriott International (MAR)](https://www.getswoopr.com/stocks/companies/marriott-international/) | $26.2 billion FY2025 | 4.3% | 15.8% | 9.9% |
| **MGM Resorts (MGM)** | $17.5 billion FY2025 | 1.7% | 5.7% | 1.2% |
| [Las Vegas Sands (LVS)](https://www.getswoopr.com/stocks/companies/las-vegas-sands/) | $13.0 billion FY2025 | 15.2% | 21.6% | 12.5% |
| [Hilton Worldwide (HLT)](https://www.getswoopr.com/stocks/companies/hilton-worldwide/) | $12.0 billion FY2025 | 7.7% | 22.4% | 12.1% |
| [Wynn Resorts (WYNN)](https://www.getswoopr.com/stocks/companies/wynn-resorts/) | $7.1 billion FY2025 | 0.1% | 15.7% | 4.6% |
| [Hyatt Hotels Corporation (H)](https://www.getswoopr.com/stocks/companies/hyatt-hotels-corporation/) | $7.1 billion FY2025 | 6.8% | n/a | -0.7% |
| [Boyd Gaming Corporation (BYD)](https://www.getswoopr.com/stocks/companies/boyd-gaming-corporation/) | $4.1 billion FY2025 | 4.1% | 18.3% | 45.0% |
| [Travel Leisure Co. (TNL)](https://www.getswoopr.com/stocks/companies/travel-leisure-co/) | $4.0 billion FY2025 | 4.1% | 13.8% | 5.7% |
| [Park Hotels & Resorts Inc. (PK)](https://www.getswoopr.com/stocks/companies/park-hotels-and-resorts-inc/) | $2.5 billion FY2025 | -2.2% | -1.3% | -11.1% |
| [Bally's Corporation (BALY)](https://www.getswoopr.com/stocks/companies/ballys-corporation/) | $2.4 billion FY2025 | -0.6% | -11.4% | -28.8% |
| [Choice Hotels International Inc. (CHH)](https://www.getswoopr.com/stocks/companies/choice-hotels-international-inc/) | $1.6 billion FY2025 | 0.8% | 28.1% | 23.2% |
| [Wyndham Hotels & Resorts Inc. (WH)](https://www.getswoopr.com/stocks/companies/wyndham-hotels-and-resorts-inc/) | $1.4 billion FY2025 | 1.5% | 28.1% | 13.5% |
| [Century Casinos Inc. (CNTY)](https://www.getswoopr.com/stocks/companies/century-casinos-inc/) | $573 million FY2025 | -0.5% | 8.9% | -10.7% |
| [Full House Resorts Inc. (FLL)](https://www.getswoopr.com/stocks/companies/full-house-resorts-inc/) | $302 million FY2025 | 3.5% | 1.0% | -13.3% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for MGM Resorts and 7 peers: Marriott International (MAR) 15.8%, MGM Resorts (MGM) 5.7%, Las Vegas Sands (LVS) 21.6%, Hilton Worldwide (HLT) 22.4%, Wynn Resorts (WYNN) 15.7%, Boyd Gaming Corporation (BYD) 18.3%, Travel Leisure Co. (TNL) 13.8%, Park Hotels & Resorts Inc. (PK) -1.3%.](https://www.getswoopr.com/images/charts/mgm-resorts-competitors-peer-margins.webp)
*Operating margin of MGM Resorts against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does MGM Resorts Rank Among All SEC Filers in Its Industry Code?

14 companies with annual reports in Swoopr's SEC dataset share SIC code 7011 (Hotels & Motels), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | MGM Resorts | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $17.5 billion | $4.1 billion | 2 of 14 |
| Revenue growth | 1.7% | 2.6% | 8 of 14 |
| Operating margin | 5.7% | 15.7% | 10 of 13 |
| Net margin | 1.2% | 5.2% | 9 of 14 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value MGM Resorts reported in its own SEC filings, read from the SEC's XBRL data (accession 0000789570-26-000018 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are MGM Resorts's competitors?

Companies sharing MGM Resorts's SEC classification (SIC code 7011 (Hotels & Motels)) include Marriott International (MAR), Las Vegas Sands (LVS), Hilton Worldwide (HLT), Wynn Resorts (WYNN), Hyatt Hotels Corporation (H). Its 10-K names the competitors it considers most relevant.

### How does MGM Resorts compare with its peers on margins?

MGM Resorts's fiscal 2025 operating margin was 5.7%, against a peer median of 15.7%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does MGM Resorts rank among all companies in its SEC industry?

Among 14 SEC filers under SIC code 7011, MGM Resorts ranks 2 by latest revenue, and 10 of 13 by operating margin (5.7% against a median of 15.7%).

## References

- [SEC EDGAR: MGM Resorts International Form 10-K filed February 11, 2026](https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/mgm-20251231.htm)
- [SEC EDGAR: MGM Resorts International annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=789570&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [MGM Resorts company dossier](https://www.getswoopr.com/stocks/companies/mgm-resorts/)
- [MGM Resorts financial metrics](https://www.getswoopr.com/stocks/companies/mgm-resorts/metrics/)
- [MGM Resorts financial risk indicators](https://www.getswoopr.com/stocks/companies/mgm-resorts/risks/)
- [MGM Resorts peer comparison](https://www.getswoopr.com/stocks/companies/mgm-resorts/competitors/)
- [MGM Resorts business model and revenue mix](https://www.getswoopr.com/stocks/companies/mgm-resorts/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
