Last 47 quarters of trend data · Consumer Cyclical · Gambling, Resorts & Casinos
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Melco Resorts & Entertainment Limited's quarterly P/E stands at 12.6x. EV/EBITDA has compressed 15.5% YoY to 8.0x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 12.29 | 12.62 | 12.07 | 43.87 | 16.89 | — | 30.91 | 38.37 | 52.25 | — | — | — | — |
| — | — | -61.0% | +14.3% | -67.7% | — | — | — | — | — | — | — | — | |
| P/S Ratio | 0.44 | 0.58 | 0.69 | 0.57 | 0.45 | 0.51 | 0.72 | 0.71 | 0.71 | 0.89 | 1.06 | 1.41 | 1.96 |
| — | +13.3% | -3.5% | -19.8% | -37.3% | -42.4% | -32.6% | -49.6% | -63.7% | -76.7% | -66.5% | -38.9% | +3.0% | |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | 4.72 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 7.23 | 7.98 | 7.63 | 9.05 | 7.77 | 9.44 | 8.85 | 9.32 | 9.17 | 51.31 | 11.65 | 15.03 | 25.58 |
| — | -15.5% | -13.8% | -3.0% | -15.3% | -81.6% | -24.0% | -38.0% | -64.2% | — | — | — | -94.0% | |
| EV / EBIT | 13.74 | 15.36 | 13.94 | 16.81 | 14.08 | 25.76 | 17.48 | 18.79 | 18.72 | — | 28.46 | 42.35 | 514.52 |
| — | -40.4% | -20.2% | -10.5% | -24.7% | — | -38.6% | -55.6% | -96.4% | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Melco Resorts & Entertainment Limited's operating margin was 11.3% in Q4 2025, down 2.8 pp QoQ and up 3.2 pp YoY. Gross margin expanded 5.9% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.7% | 36.7% | 38.8% | 34.4% | 37.3% | 34.6% | 36.8% | 36.0% | 36.1% | 17.8% | 37.8% | 36.5% | 36.0% |
| — | +5.9% | +5.4% | -4.5% | +3.1% | +94.9% | -2.6% | -1.1% | +0.3% | +85.8% | +168.5% | +142.7% | +47.4% | |
| Operating Margin | 11.6% | 11.3% | 14.1% | 9.4% | 11.8% | 8.1% | 11.8% | 10.7% | 11.3% | -8.6% | 9.3% | 6.8% | 0.0% |
| — | +39.0% | +19.5% | -12.0% | +4.3% | +194.3% | +26.7% | +57.3% | +22664.4% | +85.4% | +111.3% | +109.6% | +100.2% | |
| Net Margin | 3.6% | 4.7% | 5.7% | 1.3% | 2.6% | -1.7% | 2.3% | 1.8% | 1.4% | -18.8% | -1.6% | -2.5% | -11.3% |
| — | +375.4% | +145.9% | -29.8% | +93.6% | +91.0% | +244.7% | +174.6% | +112.0% | +74.8% | +98.4% | +97.1% | +70.6% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| ROA | 2.4% | 0.8% | 0.9% | 0.2% | 0.4% | -0.3% | 0.3% | 0.3% | 0.2% | -2.4% | -0.2% | -0.3% | -0.9% |
| — | +404.5% | +175.6% | -17.7% | +121.5% | +89.5% | +283.8% | +200.1% | +120.5% | +13.1% | +93.2% | +90.4% | +55.8% | |
| ROIC | 8.6% | 2.1% | 2.6% | 1.8% | 2.0% | 1.3% | 1.9% | 1.7% | 1.7% | -1.2% | 1.2% | 0.8% | 0.0% |
| — | +58.9% | +39.5% | +4.7% | +20.2% | +210.1% | +61.7% | +114.6% | +39831.0% | +46.9% | +150.8% | +131.8% | +100.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Melco Resorts & Entertainment Limited's Debt/EBITDA ratio is 24.9x, up from 23.8x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 10.7% YoY to 1.07x, tightening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Debt / EBITDA | 6.15 | 24.93 | 23.85 | 28.84 | 27.10 | 32.23 | 27.23 | 29.01 | 29.03 | 154.28 | 34.27 | 40.71 | 67.13 |
| — | -22.7% | -12.4% | -0.6% | -6.7% | -79.1% | -20.5% | -28.8% | -56.8% | — | — | — | -95.2% | |
| Current Ratio | 1.07 | 1.07 | 1.08 | 1.16 | 1.21 | 1.20 | 1.19 | 1.29 | 1.36 | 1.40 | 1.65 | 1.46 | 1.67 |
| — | -10.7% | -8.8% | -10.4% | -11.1% | -14.2% | -28.2% | -11.2% | -18.6% | -19.2% | -29.4% | -38.3% | -31.5% | |
| Quick Ratio | 1.04 | 1.04 | 1.06 | 1.13 | 1.18 | 1.17 | 1.16 | 1.26 | 1.33 | 1.37 | 1.63 | 1.43 | 1.64 |
| — | -11.3% | -8.6% | -10.5% | -11.4% | -14.6% | -28.7% | -11.8% | -19.0% | -19.7% | -29.6% | -38.5% | -31.7% | |
| Interest Coverage | 1.27 | 1.26 | 1.55 | 1.16 | 1.25 | 0.71 | 1.13 | 1.04 | 1.02 | -0.64 | 0.73 | 0.57 | 0.06 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Quick answers to the most common questions about buying MLCO stock.
Melco Resorts & Entertainment Limited's current P/E is 12.3x. The average P/E over the last 4 quarters is 21.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Melco Resorts & Entertainment Limited's current operating margin is 11.6%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Melco Resorts & Entertainment Limited's business trajectory between earnings reports.