Melco Resorts & Entertainment Limited(MLCO) Stock Research - Grey Stern Research
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Melco Resorts & Entertainment Limited (MLCO) Stock Analysis

$5.85 (3.72%)

MLCO Financial Performance


Use the table below to view Melco Resorts & Entertainment Limited's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q1 - 2024

Metric Value Ranking among Peers
Price $5.64 -
52 Week Low $4.78 -
52 Week High $10.27 -
Market Cap $2.5 Billion 6/10
Gross Margin 25% 10/10
Profit Margin 2% 5/10
EBITDA margin 23% 5/10
Q1 - 2024 Revenue $1.2 Billion 6/10
Q1 - 2024 Earnings $21.4 Million 5/10
Q1 - 2024 Free Cash Flow $0 Million 9/10
Trailing 4 Quarters Revenue $4.4 Billion 6/10
Trailing 4 Quarters Earnings -$136.3 Million 7/10
Quarterly Earnings Growth 191% 2/10
Annual Earnings Growth 58% 4/10
Quarterly Revenue Growth 22% 2/10
Annual Revenue Growth 42% 2/10
Cash On Hand $1.2 Billion 4/10
Short Term Debt $49.6 Million 6/10
Long Term Debt $7.2 Billion 4/10

Melco Resorts & Entertainment Limited Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Melco Resorts & Entertainment Limited's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 6/10
PS 0.57 7/10
PB 0.00 9/10
PC 2.16 9/10
Liabilities to Equity 0.00 9/10
ROA -0.02 7/10
ROE 0.11 5/10
Current Ratio 0.90 10/10
Quick Ratio 0.13 5/10
Long Term Debt to Equity -5.75 9/10
Debt to Equity -5.96 9/10
Burn Rate 4.11 4/10
Cash to Cap 0.46 2/10
CCR 9/10
EV to EBITDA 33.51 10/10
EV to Revenue 2.01 8/10

Company Details

Melco 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.

CEO: Mr. Yau Lung Ho

Website: https://www.melco-resorts.com

Address: 36/F The Centrium, 60 Wyndham Street, Central ,

Exchange: NASDAQ Global Select

Industry: Resorts & Casinos

Melco Resorts & Entertainment Limited Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Melco Resorts & Entertainment Limited. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Caesars Entertainment, Inc. CZR $9.0 Billion
MGM Resorts International MGM $11.5 Billion
Wynn Resorts, Limited WYNN $8.9 Billion
Las Vegas Sands Corp. LVS $31.0 Billion
Penn National Gaming, Inc. PENN $3.1 Billion
Golden Entertainment, Inc. GDEN $928.4 Million
Monarch Casino & Resort, Inc. MCRI $1.4 Billion
Century Casinos, Inc. CNTY $75.5 Million
Bally's Corporation BALY $703.2 Million
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Income Statement
Balance Sheet
Cash Flow Statement
MLCO Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 1.2 Billion $21.4 Million
Q1 2024 $ 1.1 Billion $15.2 Million
Q4 2023 $ 1.1 Billion -$156.6 Million
Q3 2023 $ 1.0 Billion -$16.3 Million
Q2 2023 $ 947.9 Million -$23.4 Million
Q1 2023 $ 716.5 Million -$100.7 Million
Q4 2022 $ 337.1 Million -$294.0 Million
Q3 2022 $ 241.8 Million -$286.6 Million

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MLCO Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $1.2 Billion $8.0 Billion $7.5 Billion -$845.5 Million
Q1 2024 $1.2 Billion $8.1 Billion $7.6 Billion -$852.8 Million
Q4 2023 $1.3 Billion $8.4 Billion $7.8 Billion -$790.7 Million
Q3 2023 $1.4 Billion $8.7 Billion $8.1 Billion -$658.5 Million
Q2 2023 $1.4 Billion $8.9 Billion $8.2 Billion -$1.1 Billion
Q1 2023 $1.3 Billion $8.8 Billion $8.2 Billion -$1.1 Billion
Q4 2022 $1.8 Billion $9.3 Billion $8.7 Billion -$850.3 Million
Q3 2022 $1.5 Billion $8.8 Billion $8.1 Billion -$668.1 Million

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MLCO Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q1 2024 $0 $0 $0
Q4 2023 $0 $0 $0
Q3 2023 $270.0 Million $0 -$14.4 Million
Q2 2023 $281.9 Million $0 $93.9 Million
Q4 2022 -$256.0 Million $45.9 Million -$1.3 Billion
Q1 2023 $242.4 Million $0 -$525.1 Million
Q3 2022 $254.1 Million $0 -$73.2 Million
Q2 2022 $16.9 Million $0 $16.9 Million

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