Melco Resorts & Entertainment Limited(MLCO)Earnings, Financials & Key Ratios
MLCO•NASDAQ
$5.46
$2.22B mkt cap·12.1× P/E·Price updated May 6, 2026
AboutMelco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has approximately 511 gaming tables and 572 gaming machines; approximately 770 rooms, and suites and villas; approximately 25 restaurants and bars, and 165 retail outlets; and health and fitness clubs, three swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 101 gaming tables and 121 gaming machines; 230 hotel rooms; various dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising a spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets that comprises 290 gaming tables and 645 gaming machines in Cotai, Macau. Further, the company owns and operates seven Mocha Clubs with 813 gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was incorporated in 2004 and is headquartered in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.Show more
- Revenue$5.16B+11.3%
- EBITDA$1.14B+11.3%
- Net Income$185M+325.0%
- EPS (Diluted)0.45+350.0%
- Gross Margin36.73%+2.4%
- EBITDA Margin22.12%
- Operating Margin11.63%+11.3%
- Net Margin3.58%+281.8%
- ROIC8.6%+30.0%
- Interest Coverage1.27+28.7%
MLCO Key Insights
Melco Resorts & Entertainment Limited (MLCO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 8/9
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 24.5%
- ✓Share count reduced 7.5% through buybacks
✗Weaknesses
- ✗Weak momentum: RS Rating 16 (bottom 16%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MLCO Price & Volume
Melco Resorts & Entertainment Limited (MLCO) stock price & volume — 10-year historical chart
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MLCO Growth Metrics
Melco Resorts & Entertainment Limited (MLCO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.65%
5 Years24.47%
3 Years56.39%
TTM11.32%
Profit CAGR
10 Years5.76%
5 Years-
3 Years-
TTM324.97%
EPS CAGR
10 Years8.45%
5 Years-
3 Years-
TTM369.53%
Return on Capital
10 Years1.98%
5 Years0.04%
3 Years5.62%
Last Year9.09%
MLCO Recent Earnings
Melco Resorts & Entertainment Limited (MLCO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 30, 2026EPS
$0.21
Est $0.13
+61.5%
Revenue
$1.4B
Est $1.3B
+3.6%
Q1 2026
Feb 12, 2026EPS
$0.14
Est $0.12
+16.7%
Revenue
$1.3B
Est $1.3B
+1.6%
Q4 2025
Nov 6, 2025EPS
$0.21
Est $0.11
+90.9%
Revenue
$1.3B
Est $1.3B
+3.0%
Q3 2025
Jul 31, 2025EPS
$0.23
Est $0.09
+155.6%
Revenue
$1.3B
Est $1.3B
+6.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $0.21vs $0.13+61.5% | $1.4Bvs $1.3B+3.6% |
| Q1 2026 | Feb 12, 2026 | $0.14vs $0.12+16.7% | $1.3Bvs $1.3B+1.6% |
| Q4 2025 | Nov 6, 2025 | $0.21vs $0.11+90.9% | $1.3Bvs $1.3B+3.0% |
| Q3 2025 | Jul 31, 2025 | $0.23vs $0.09+155.6% | $1.3Bvs $1.3B+6.2% |
Based on last 12 quarters of dataView full earnings history →
MLCO Peer Comparison
Melco Resorts & Entertainment Limited (MLCO) competitors in Integrated Destination Casino Resorts — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LVS | 35.32B | 53.22 | 22.65 | 15.22% | 13.41% | 95.8% | 8.34 | |
 WYNN | 11.22B | 107.57 | 34.26 | 0.14% | 4.59% | |||
 MGM | 9.78B | 38.21 | 50.28 | 1.72% | 1.03% | 5.3% | 17.14 | |
 CZR | 5.65B | 27.76 | -11.47 | 2.14% | -4.19% | -12.62% | 7.15 | |
 BYD | 6.41B | 85.15 | 3.77 | 4.12% | 45.02% | 91.81% | 1.25 | |
 PENN | 2.24B | 16.75 | -2.87 | 5.82% | -12.11% | -34.66% | 4.58 | |
 RRR | 3.13B | 52.93 | 16.96 | 3.74% | 9.35% | 56.57% | 0.18 | |
 GDEN | 753.69M | 28.55 | -124.13 | -4.78% | -0.95% | -1.37% | 1.40 |
Compare MLCO vs Peers
Melco Resorts & Entertainment Limited (MLCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MLCO Income Statement
Melco Resorts & Entertainment Limited (MLCO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 5.28B | 5.16B | 5.74B | 1.73B | 2.01B | 1.35B | 3.78B | 4.64B | 5.16B |
| Revenue Growth % | 16.94% | -2.39% | 11.21% | -69.88% | 16.46% | -32.92% | 179.65% | 22.86% | 11.32% |
| Cost of Goods Sold | 3.55B | 3.32B | 3.64B | 1.54B | 1.52B | 1.06B | 2.59B | 2.98B | 3.27B |
| COGS % of Revenue | 67.23% | 64.29% | 63.41% | 89.03% | 75.65% | 78.78% | 68.63% | 64.14% | 63.27% |
| Gross Profit | 1.73B▲ 0% | 1.84B▲ 6.3% | 2.1B▲ 14.0% | 189.52M▼ 91.0% | 490.01M▲ 158.6% | 286.52M▼ 41.5% | 1.18B▲ 313.3% | 1.66B▲ 40.4% | 1.9B▲ 14.0% |
| Gross Margin % | 32.77% | 35.71% | 36.59% | 10.97% | 24.35% | 21.22% | 31.37% | 35.86% | 36.73% |
| Gross Profit Growth % | 23.21% | 6.34% | 13.95% | -90.97% | 158.55% | -41.53% | 313.28% | 40.45% | 14.05% |
| Operating Expenses | 1.12B | 1.22B | 1.35B | 1.13B | 1.07B | 1.03B | 1.12B | 1.18B | 1.3B |
| OpEx % of Revenue | 21.28% | 23.55% | 23.55% | 65.4% | 53.05% | 76.27% | 29.64% | 25.41% | 25.11% |
| Selling, General & Admin | 467.12M | 500.62M | 642.57M | 485.93M | 426.41M | 423.23M | 488.13M | 568.7M | 752.72M |
| SG&A % of Revenue | 8.84% | 9.7% | 11.2% | 28.12% | 21.19% | 31.35% | 12.93% | 12.26% | 14.58% |
| Research & Development | 31.11M | 23.03M | 57.43M | 25.62M | 30.68M | 0 | 1.2M | 5.43M | 0 |
| R&D % of Revenue | 0.59% | 0.45% | 1% | 1.48% | 1.52% | - | 0.03% | 0.12% | - |
| Other Operating Expenses | 5.28M | 3.68M | 651.21M | 618.53M | 610.38M | 606.4M | 629.84M | 604.33M | 543.56M |
| Operating Income | 607.61M▲ 0% | 626.84M▲ 3.2% | 747.68M▲ 19.3% | -940.56M▼ 225.8% | -577.45M▲ 38.6% | -743.11M▼ 28.7% | 64.96M▲ 108.7% | 484.63M▲ 646.1% | 600.43M▲ 23.9% |
| Operating Margin % | 11.5% | 12.15% | 13.03% | -54.43% | -28.7% | -55.05% | 1.72% | 10.45% | 11.63% |
| Operating Income Growth % | 67.33% | 3.16% | 19.28% | -225.8% | 38.61% | -28.69% | 108.74% | 646.05% | 23.89% |
| EBITDA | 1.13B | 1.17B | 1.38B | -322.03M | 2.4M | -221.17M | 608.36M | 1.03B | 1.14B |
| EBITDA Margin % | 21.29% | 22.72% | 23.99% | -18.64% | 0.12% | -16.38% | 16.11% | 22.12% | 22.12% |
| EBITDA Growth % | 26.08% | 4.15% | 17.42% | -123.4% | 100.74% | -9330.63% | 375.07% | 68.68% | 11.28% |
| D&A (Non-Cash Add-back) | 517.76M | 545.25M | 628.55M | 618.53M | 579.85M | 521.94M | 543.4M | 541.54M | 541.54M |
| EBIT | 577.13M | 608.64M | 715.41M | -918.56M | -603.03M | -739.51M | 272.57M | 480.37M | 600.43M |
| Net Interest Income | -258.26M | -264.04M | -303.53M | -343.66M | -354.96M | -356.66M | -473.46M | -470.95M | -464.35M |
| Interest Income | 3.58M | 5.47M | 9.31M | 5.13M | 6.62M | 26.46M | 23.3M | 15.77M | 8.5M |
| Interest Expense | 261.84M | 269.51M | 312.84M | 348.79M | 361.58M | 383.12M | 496.76M | 486.72M | 472.85M |
| Other Income/Expense | -292.33M | -274.31M | -345.11M | -516.97M | -376.13M | -348.83M | -466.87M | -490.98M | -452.14M |
| Pretax Income | 315.28M▲ 0% | 353.41M▲ 12.1% | 402.57M▲ 13.9% | -1.46B▼ 462.1% | -953.58M▲ 34.6% | -1.09B▼ 14.5% | -401.91M▲ 63.2% | -6.35M▲ 98.4% | 148.28M▲ 2435.6% |
| Pretax Margin % | 5.97% | 6.85% | 7.02% | -84.35% | -47.39% | -80.89% | -10.65% | -0.14% | 2.87% |
| Income Tax | -10K | -445K | 8.34M | -2.91M | 2.88M | 5.24M | 13.42M | 21.61M | 2.83M |
| Effective Tax Rate % | -0% | -0.13% | 2.07% | 0.2% | -0.3% | -0.48% | -3.34% | -340.37% | 1.91% |
| Net Income | 347M▲ 0% | 351.51M▲ 1.3% | 373.17M▲ 6.2% | -1.26B▼ 438.6% | -811.75M▲ 35.8% | -930.53M▼ 14.6% | -326.92M▲ 64.9% | 43.54M▲ 113.3% | 185.04M▲ 325.0% |
| Net Margin % | 6.57% | 6.81% | 6.5% | -73.12% | -40.34% | -68.93% | -8.66% | 0.94% | 3.58% |
| Net Income Growth % | 97.27% | 1.3% | 6.16% | -438.58% | 35.75% | -14.63% | 64.87% | 113.32% | 324.97% |
| Net Income (Continuing) | 312.22M | 338.9M | 394.23M | -1.45B | -956.46M | -1.1B | -415.33M | -27.96M | 145.46M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 448.06M | 618.37M | 704.26M | 735.95M | 575.14M | 535.96M | 447.23M | 386.5M | 342.97M |
| EPS (Diluted) | 0.69▲ 0% | 0.70▲ 1.4% | 0.78▲ 11.4% | -3.06▼ 492.3% | -2.01▲ 34.3% | -2.37▼ 17.9% | -0.75▲ 68.4% | 0.10▲ 113.3% | 0.45▲ 350.0% |
| EPS Growth % | 97.14% | 1.45% | 11.43% | -492.31% | 34.31% | -17.91% | 68.35% | 113.33% | 350% |
| EPS (Basic) | 0.70 | 0.70 | 0.78 | -3.06 | -2.01 | -2.37 | -0.75 | 0.10 | 0.45 |
| Diluted Shares Outstanding | 498.69M | 505.47M | 481.15M | 477.35M | 478.03M | 463.72M | 438.2M | 433.14M | 400.63M |
| Basic Shares Outstanding | 494.79M | 502.18M | 478.86M | 477.35M | 478.03M | 463.72M | 438.2M | 432.12M | 400.53M |
| Dividend Payout Ratio | 236.69% | 77.25% | 80.66% | - | - | - | - | 0.79% | 0.04% |
MLCO Balance Sheet
Melco Resorts & Entertainment Limited (MLCO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.84B | 1.96B | 1.89B | 2.01B | 1.87B | 2.07B | 1.54B | 1.43B | 1.27B |
| Cash & Short-Term Investments | 1.51B | 1.53B | 1.44B | 1.76B | 1.65B | 1.81B | 1.31B | 1.15B | 1.02B |
| Cash Only | 1.41B | 1.44B | 1.39B | 1.76B | 1.65B | 1.81B | 1.31B | 1.15B | 1.02B |
| Short-Term Investments | 99.76M | 91.6M | 49.37M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 178.92M | 329.48M | 284.77M | 130.38M | 54.88M | 56.62M | 92.44M | 146.63M | 126.41M |
| Days Sales Outstanding | 12.36 | 23.31 | 18.12 | 27.54 | 9.95 | 15.31 | 8.94 | 11.54 | 8.94 |
| Inventory | 34.99M | 40.83M | 43.96M | 37.28M | 29.59M | 26.42M | 29.43M | 32.45M | 36.92M |
| Days Inventory Outstanding | 3.59 | 4.49 | 4.41 | 8.84 | 7.09 | 9.07 | 4.15 | 3.98 | 4.13 |
| Other Current Assets | 45.41M | 135.43M | 37.39M | 13K | 58.3M | 101.14M | 44.68M | 43.63M | 887K |
| Total Non-Current Assets | 7.05B | 6.92B | 7.59B | 7.01B | 7.01B | 7.23B | 6.79B | 6.56B | 6.33B |
| Property, Plant & Equipment | 5.73B | 5.66B | 5.83B | 5.84B | 5.98B | 5.93B | 5.6B | 5.36B | 5.23B |
| Fixed Asset Turnover | 0.92x | 0.91x | 0.98x | 0.30x | 0.34x | 0.23x | 0.67x | 0.87x | 0.99x |
| Goodwill | 81.92M | 81.38M | 95.62M | 82.2M | 81.72M | 81.61M | 81.58M | 82.09M | 23.49M |
| Intangible Assets | 1.05B | 987.26M | 914.08M | 865.07M | 773.19M | 714.48M | 887.43M | 855.06M | 815.96M |
| Long-Term Investments | 189.65M | 186.51M | 568.94M | 0 | 177.14M | 341.07M | 125.09M | 125.51M | 0 |
| Other Non-Current Assets | 130K | 129K | 176.61M | 213.76M | 140K | 159.7M | 92.61M | 131.85M | 254.66M |
| Total Assets | 8.9B▲ 0% | 8.88B▼ 0.2% | 9.49B▲ 6.9% | 9.02B▼ 4.9% | 8.88B▼ 1.5% | 9.3B▲ 4.7% | 8.34B▼ 10.4% | 7.99B▼ 4.2% | 7.6B▼ 4.9% |
| Asset Turnover | 0.59x | 0.58x | 0.60x | 0.19x | 0.23x | 0.15x | 0.45x | 0.58x | 0.68x |
| Asset Growth % | -4.77% | -0.2% | 6.88% | -4.93% | -1.52% | 4.71% | -10.39% | -4.2% | -4.85% |
| Total Current Liabilities | 1.68B | 2.13B | 1.53B | 1.12B | 1.02B | 1.2B | 1.1B | 1.19B | 1.18B |
| Accounts Payable | 16.04M | 25M | 21.88M | 9.48M | 5.99M | 6.73M | 11.75M | 24.79M | 25.91M |
| Days Payables Outstanding | 1.65 | 2.75 | 2.2 | 2.25 | 1.44 | 2.31 | 1.66 | 3.04 | 2.9 |
| Short-Term Debt | 51.03M | 395.55M | 146K | 0 | 128K | 322.5M | 0 | 21.6M | 0 |
| Deferred Revenue (Current) | 423.6M | 386.87M | 255.88M | 277.87M | 406.21M | 331.51M | 250.96M | 253.34M | 0 |
| Other Current Liabilities | 1.13B | 1.18B | 619.55M | 234.96M | 265.21M | 172.98M | 250.16M | -16.64M | 29.21M |
| Current Ratio | 1.10x | 0.92x | 1.24x | 1.80x | 1.83x | 1.73x | 1.40x | 1.20x | 1.07x |
| Quick Ratio | 1.07x | 0.90x | 1.21x | 1.77x | 1.80x | 1.71x | 1.37x | 1.17x | 1.04x |
| Cash Conversion Cycle | 14.3 | 25.05 | 20.33 | 34.14 | 15.61 | 22.07 | 11.43 | 12.48 | 10.17 |
| Total Non-Current Liabilities | 3.88B | 4B | 4.82B | 6.07B | 7.04B | 8.42B | 8.07B | 7.73B | 7.32B |
| Long-Term Debt | 3.51B | 3.67B | 4.39B | 5.65B | 6.56B | 8.09B | 7.47B | 7.14B | 6.75B |
| Capital Lease Obligations | 265.9M | 253.37M | 350.3M | 346.09M | 410.52M | 254.12M | 241.33M | 246.61M | 224.7M |
| Deferred Tax Liabilities | 53.99M | 54.06M | 56.68M | 45.95M | 41.03M | 39.68M | 34.96M | 36.71M | 0 |
| Other Non-Current Liabilities | 49.01M | 84.03M | 18.77M | 29.21M | 30.52M | 33.71M | 322.59M | 315.3M | 344.39M |
| Total Liabilities | 5.56B | 6.13B | 6.35B | 7.18B | 8.06B | 9.62B | 9.18B | 8.93B | 8.5B |
| Total Debt | 3.86B | 4.35B | 4.82B | 6.1B | 7.04B | 8.71B | 7.77B | 7.46B | 7.02B |
| Net Debt | 2.45B | 2.91B | 3.42B | 4.34B | 5.38B | 6.9B | 6.46B | 6.31B | 6B |
| Debt / Equity | 1.16x | 1.58x | 1.53x | 3.32x | 8.58x | - | - | - | - |
| Debt / EBITDA | 3.43x | 3.71x | 3.50x | - | 2936.49x | - | 12.77x | 7.27x | 6.15x |
| Net Debt / EBITDA | 2.18x | 2.48x | 2.49x | - | 2246.63x | - | 10.62x | 6.15x | 5.26x |
| Interest Coverage | 2.20x | 2.26x | 2.29x | -2.63x | -1.67x | -1.93x | 0.55x | 0.99x | 1.27x |
| Total Equity | 3.34B▲ 0% | 2.75B▼ 17.7% | 3.14B▲ 14.5% | 1.84B▼ 41.5% | 819.88M▼ 55.4% | -314.36M▼ 138.3% | -840.05M▼ 167.2% | -939.96M▼ 11.9% | -903.63M▲ 3.9% |
| Equity Growth % | -12.76% | -17.69% | 14.48% | -41.52% | -55.39% | -138.34% | -167.22% | -11.89% | 3.87% |
| Book Value per Share | 6.69 | 5.43 | 6.53 | 3.85 | 1.72 | -0.68 | -1.92 | -2.17 | -2.26 |
| Total Shareholders' Equity | 2.89B | 2.13B | 2.44B | 1.1B | 244.75M | -850.33M | -1.29B | -1.33B | -1.25B |
| Common Stock | 14.78M | 14.83M | 14.56M | 14.56M | 14.56M | 14.45M | 14.05M | 13.52M | 13.52M |
| Retained Earnings | -772.34M | -703.58M | -644.79M | -1.99B | -2.8B | -3.73B | -4.06B | -4.01B | -3.83B |
| Treasury Stock | -90K | -657.39M | -90.58M | -121.03M | -132.86M | -241.75M | -255.07M | -216.63M | -356.83M |
| Accumulated OCI | -26.61M | -49.8M | -18.8M | -11.33M | -76.01M | -111.97M | -98.6M | -95.75M | -63.71M |
| Minority Interest | 448.06M | 618.37M | 704.26M | 735.95M | 575.14M | 535.96M | 447.23M | 386.5M | 342.97M |
MLCO Cash Flow Statement
Melco Resorts & Entertainment Limited (MLCO) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.16B | 1.06B | 836.16M | -860.96M | -268.77M | -619.43M | 622.69M | 626.66M | 818.12M |
| Operating CF Margin % | 22% | 20.48% | 14.58% | -49.83% | -13.36% | -45.88% | 16.49% | 13.51% | 15.84% |
| Operating CF Growth % | 0.38% | -9.1% | -20.87% | -202.97% | 68.78% | -130.47% | 200.53% | 0.64% | 30.55% |
| Net Income | 315.29M | 353.85M | 394.23M | -1.45B | -956.46M | -1.1B | -326.92M | -27.96M | 145.46M |
| Depreciation & Amortization | 540.58M | 564.08M | 651.21M | 618.53M | 579.85M | 521.94M | 520.73M | 541.54M | 543.56M |
| Stock-Based Compensation | 17.3M | 25.14M | 31.8M | 54.39M | 67.96M | 71.81M | 35.47M | 27.37M | 29.27M |
| Deferred Taxes | 2.81M | 4.09M | 3.73M | 5.79M | 3.02M | 5.71M | 6.67M | 5.87M | 5.8M |
| Other Non-Cash Items | 111.61M | 29.93M | 121.07M | 390.88M | 73.21M | 11.12M | 144.21M | 14.72M | 87.68M |
| Working Capital Changes | 174.91M | 79.61M | -365.87M | -475.94M | -36.35M | -132.85M | 242.54M | 65.13M | 6.34M |
| Change in Receivables | 54.9M | -60.48M | -77.63M | 27.5M | 67.57M | -396K | -31.53M | -53.94M | 4.95M |
| Change in Inventory | -2.08M | -27.85M | -593K | -2.19M | 16.13M | 4.19M | 20.18M | 5.12M | 20.5M |
| Change in Payables | 181.66M | 161.54M | -341.76M | -470.57M | 0 | -121.29M | 212.38M | 0 | 0 |
| Cash from Investing | -410.23M | -609.7M | -1.03B | -53.31M | -674.55M | -806.11M | -48.51M | -300.81M | -341.77M |
| Capital Expenditures | -502.75M | -615.11M | -449.92M | -463.87M | -139.16M | -622.09M | -257.02M | -227.76M | -307.22M |
| CapEx % of Revenue | 9.51% | 11.92% | 7.84% | 26.85% | 6.92% | 46.08% | 6.81% | 4.91% | 5.95% |
| Acquisitions | -328.34M | 261.58M | -15.04M | 255.01M | 0 | 15.98M | 15.38M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 310.94M | -260.99M | 1.28M | -254.45M | -535.4M | -184.01M | -6.86M | -73.05M | -34.56M |
| Cash from Financing | -1.02B | -340.52M | 97.11M | 1.26B | 821.75M | 1.78B | -1.13B | -478.35M | -603.12M |
| Debt Issued (Net) | -193.77M | 503.03M | 341M | 1.25B | 913.03M | 1.85B | -950.55M | -328.02M | -432.72M |
| Equity Issued (Net) | 30.13M | -655.65M | 83.23M | 173.46M | -60.99M | -58.37M | -170.28M | -113.03M | -165.33M |
| Dividends Paid | -821.33M | -271.53M | -301M | -79.12M | 0 | -196K | -314K | -344K | -78K |
| Share Repurchases | 0 | -854.92M | 0 | -44.98M | -60.99M | -192.47M | -170.51M | -113.03M | -166.01M |
| Other Financing | -26.52M | 83.63M | -26.13M | -83M | -30.3M | -7.99M | -7.98M | -36.95M | -4.99M |
| Net Change in Cash | -259.11M▲ 0% | 38.11M▲ 114.7% | -88.09M▼ 331.2% | 323.27M▲ 467.0% | -102.45M▼ 131.7% | 335.14M▲ 427.1% | -552.62M▼ 264.9% | -162.76M▲ 70.5% | -124.64M▲ 23.4% |
| Free Cash Flow | 646.11M▲ 0% | 385.84M▼ 40.3% | 386.25M▲ 0.1% | -1.32B▼ 443.0% | -948.17M▲ 28.4% | -1.24B▼ 30.9% | 358.8M▲ 128.9% | 325.48M▼ 9.3% | 476.13M▲ 46.3% |
| FCF Margin % | 12.23% | 7.48% | 6.73% | -76.67% | -47.12% | -91.97% | 9.5% | 7.02% | 9.22% |
| FCF Growth % | -0.58% | -40.28% | 0.11% | -443% | 28.43% | -30.94% | 128.9% | -9.29% | 46.29% |
| FCF per Share | 1.30 | 0.76 | 0.80 | -2.78 | -1.98 | -2.68 | 0.82 | 0.75 | 1.19 |
| FCF Conversion (FCF/Net Income) | 3.35x | 3.01x | 2.24x | 0.68x | 0.33x | 0.67x | -1.90x | 14.39x | 4.42x |
| Interest Paid | 239.78M | 239.34M | 253.31M | 251.44M | 310.32M | 350.74M | 490.91M | 473.23M | 460.63M |
| Taxes Paid | 6.54M | 275K | 3.89M | 5.36M | 4.52M | 2.99M | 1M | 10.14M | 13.75M |
MLCO Key Ratios
Melco Resorts & Entertainment Limited (MLCO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 4.02% | 9.69% | 11.56% | 12.67% | -50.73% | -61.08% | -368.14% | - | - | - |
| Return on Invested Capital (ROIC) | 3.97% | 7.65% | 8.22% | 9.18% | -11.07% | -6.99% | -8.71% | 0.8% | 6.62% | 8.6% |
| Gross Margin | 31.1% | 32.77% | 35.71% | 36.59% | 10.97% | 24.35% | 21.22% | 31.37% | 35.86% | 36.73% |
| Net Margin | 3.89% | 6.57% | 6.81% | 6.5% | -73.12% | -40.34% | -68.93% | -8.66% | 0.94% | 3.58% |
| Debt / Equity | 1.05x | 1.16x | 1.58x | 1.53x | 3.32x | 8.58x | - | - | - | - |
| Interest Coverage | 1.27x | 2.20x | 2.26x | 2.29x | -2.63x | -1.67x | -1.93x | 0.55x | 0.99x | 1.27x |
| FCF Conversion | 6.58x | 3.35x | 3.01x | 2.24x | 0.68x | 0.33x | 0.67x | -1.90x | 14.39x | 4.42x |
| Revenue Growth | 13.7% | 16.94% | -2.39% | 11.21% | -69.88% | 16.46% | -32.92% | 179.65% | 22.86% | 11.32% |
MLCO Frequently Asked Questions
Melco Resorts & Entertainment Limited (MLCO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Melco Resorts & Entertainment Limited (MLCO) reported $5.16B in revenue for fiscal year 2025. This represents a 84949% increase from $6.1M in 2004.
Melco Resorts & Entertainment Limited (MLCO) grew revenue by 11.3% over the past year. This is steady growth.
Yes, Melco Resorts & Entertainment Limited (MLCO) is profitable, generating $185.0M in net income for fiscal year 2025 (3.6% net margin).
Dividend & Returns
Melco Resorts & Entertainment Limited (MLCO) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
Melco Resorts & Entertainment Limited (MLCO) generated $476.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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Melco Resorts & Entertainment Limited (MLCO) financial analysis — history, returns, DCA and operating performance tools
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