Melco Resorts & Entertainment (MLCO) Financials

$5.10 -0.01 (-0.10%)

As of 11:47 AM Eastern

Annual Income Statements for Melco Resorts & Entertainment

This table shows Melco Resorts & Entertainment's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	608	106	176	345	340	373	-1,263	-812	-931	-327	44
Consolidated Net Income / (Loss)	527	-61	67	312	339	394	-1,455	-956	-1,097	-415	-28
Net Income / (Loss) Continuing Operations	527	-61	67	312	339	394	-1,455	-956	-1,097	-415	-28
Total Pre-Tax Income	530	-60	75	312	339	403	-1,458	-954	-1,092	-402	-6.35
Total Operating Income	685	98	363	605	613	748	-941	-577	-743	65	485
Total Gross Profit	1,520	1,253	1,406	1,732	1,856	2,099	190	521	287	1,413	1,676
Total Revenue	4,802	3,975	4,519	5,285	5,189	5,737	1,728	2,012	1,350	3,775	4,638
Operating Revenue	4,984	4,211	4,519	5,285	5,189	5,737	1,728	2,012	1,350	3,775	4,638
Total Cost of Revenue	3,283	2,721	3,114	3,553	3,333	3,638	1,538	1,492	1,063	2,363	2,962
Operating Cost of Revenue	3,283	2,721	3,114	3,553	3,333	3,638	1,538	1,492	1,063	2,363	2,962
Total Operating Expenses	834	1,155	1,043	1,127	1,242	1,351	1,130	1,098	1,030	1,348	1,192
Selling, General & Admin Expense	312	384	447	467	506	559	424	426	423	488	569
Research & Development Expense	11	0.11	0.10	31	23	57	26	31	0.00	1.20	5.43
Depreciation Expense	247	359	472	461	488	572	538	500	466	521	522
Amortization Expense	122	111	80	80	79	80	80	80	55	23	20
Other Operating Expenses / (Income)	72	132	40	83	90	78	60	57	69	271	55
Other Special Charges / (Income)	72	168	3.88	5.33	55	4.85	1.32	4.16	16	44	21
Total Other Income / (Expense), net	-155	-158	-288	-292	-274	-345	-517	-376	-349	-467	-491
Interest Expense	124	126	297	308	268	317	361	379	377	491	488
Interest & Investment Income	20	14	5.95	3.58	5.47	9.31	5.13	6.62	26	23	16
Other Income / (Expense), net	-51	-46	3.48	12	-11	-37	-161	-3.39	1.44	0.61	-19
Income Tax Expense	3.04	1.03	8.18	-0.01	0.24	8.34	-2.91	2.89	5.24	13	22
Net Income / (Loss) Attributable to Noncontrolling Interest	-81	-167	-109	-33	-1.40	21	-191	-145	-167	-88	-72
Basic Earnings per Share	$0.37	$0.07	$0.12	$0.23	$0.23	$0.26	($0.88)	($0.57)	($0.67)	($0.25)	$0.03
Weighted Average Basic Shares Outstanding	1.65B	1.62B	1.52B	1.48B	1.51B	1.44B	1.43B	1.43B	1.39B	1.31B	1.30B
Diluted Earnings per Share	$0.37	$0.07	$0.12	$0.23	$0.22	$0.26	($0.88)	($0.57)	($0.67)	($0.25)	$0.03
Weighted Average Diluted Shares Outstanding	1.66B	1.63B	1.53B	1.50B	1.52B	1.44B	1.43B	1.43B	1.39B	1.31B	1.30B
Weighted Average Basic & Diluted Shares Outstanding	1.63B	1.63B	1.48B	1.48B	1.48B	1.46B	1.46B	1.46B	1.37B	1.33B	1.28B

No quarterly income statements for Melco Resorts & Entertainment are available.

This table details how cash moves in and out of Melco Resorts & Entertainment's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	216	13	-179	-259	38	-45	416	-102	335	-553	-153
Net Cash From Operating Activities	895	522	1,158	1,161	1,053	836	-861	-269	-619	623	627
Net Cash From Continuing Operating Activities	895	522	1,158	1,172	1,064	879	-794	-269	-619	627	633
Net Income / (Loss) Continuing Operations	527	-61	67	312	339	394	-1,455	-956	-1,097	-415	-28
Consolidated Net Income / (Loss)	527	-61	67	312	339	394	-1,455	-956	-1,097	-415	-28
Depreciation Expense	368	471	552	541	568	651	619	580	522	543	542
Amortization Expense	28	39	48	26	22	20	18	16	17	19	21
Non-Cash Adjustments To Reconcile Net Income	55	110	93	54	28	185	402	206	59	269	61
Changes in Operating Assets and Liabilities, net	-85	-37	397	239	107	-372	-377	-114	-121	210	38
Net Cash From Investing Activities	-1,605	-470	2.98	-404	-662	-1,032	-53	-675	-806	-49	-301
Net Cash From Continuing Investing Activities	-1,605	-470	2.98	-404	-662	-1,032	-53	-675	-806	-49	-301
Purchase of Property, Plant & Equipment	-337	-277	0.00	-515	-668	-450	-228	-672	-610	-257	-34
Acquisitions	-	-	-	-	-	-	-27	-7.58	-12	-6.86	-39
Sale of Property, Plant & Equipment	30	0.30	29	0.93	0.60	1.28	0.55	4.84	16	15	0.37
Other Investing Activities, net	-1,815	841	-26	264	35	60	-209	299	-200	200	-228
Net Cash From Financing Activities	927	-30	-1,340	-1,016	-341	97	1,264	822	1,783	-1,129	-478
Net Cash From Continuing Financing Activities	927	-30	-1,340	-1,016	-341	97	1,264	822	1,783	-1,130	-478
Repayment of Debt	-276	-120	-152	-931	-593	-2,621	-1,539	-540	-7.99	-2,203	-1,207
Repurchase of Common Equity	-300	0.00	-803	0.00	-656	0.00	-45	-52	-189	-170	-112
Payment of Dividends	-343	-63	-386	-821	-272	-301	-79	0.00	-0.20	-0.31	-0.34
Issuance of Debt	1,633	148	0.00	703	1,096	2,934	2,707	1,416	1,850	1,252	850
Issuance of Common Equity	92	-	0.00	30	278	-	218	-	-	0.00	0.00
Other Financing Activities, net	121	5.09	0.64	3.49	-194	86	0.99	-1.57	131	-8.43	-9.47
Cash Interest Paid	95	107	210	240	239	253	251	310	351	491	473
Cash Income Taxes Paid	7.15	7.01	3.41	6.54	0.28	3.89	5.36	4.52	2.99	1.00	10

No quarterly cash flow statements for Melco Resorts & Entertainment are available.

This table presents Melco Resorts & Entertainment's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	10,433	10,262	9,340	8,895	9,122	9,488	9,021	8,884	9,302	8,335	7,985
Total Current Assets	3,503	3,020	2,280	1,845	2,078	1,895	2,009	1,869	2,075	1,544	1,429
Cash & Equivalents	1,598	1,611	1,702	1,408	1,472	1,395	1,755	1,653	1,813	1,311	1,147
Restricted Cash	1,447	317	39	45	48	37	0.01	0.29	51	0.03	0.37
Accounts Receivable	255	273	227	179	329	285	130	55	57	92	147
Inventories, net	23	33	33	35	41	44	37	30	26	29	32
Prepaid Expenses	69	61	68	78	95	84	86	109	119	112	103
Other Current Assets	111	725	211	9.88	-	-	-	-	0.00	0.00	0.00
Plant, Property, & Equipment, net	4,696	5,760	5,656	5,731	5,784	5,724	5,681	5,911	5,871	5,534	5,273
Total Noncurrent Assets	2,233	1,482	1,405	1,320	1,260	1,870	1,331	1,104	1,356	1,257	1,284
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	-	0.00	0.00	0.00
Goodwill	82	82	82	82	81	96	82	82	82	82	82
Intangible Assets	432	375	318	260	229	32	59	52	44	305	289
Other Noncurrent Operating Assets	1,175	1,025	1,005	977	946	1,170	1,183	967	1,106	745	787
Other Noncurrent Nonoperating Assets	544	0.00	0.13	0.13	0.13	0.13	0.41	0.14	125	125	126
Total Liabilities & Shareholders' Equity	10,433	10,262	9,340	8,895	9,122	9,488	9,021	8,884	9,302	8,335	7,985
Total Liabilities	5,391	5,330	5,517	5,559	6,150	6,345	7,183	8,064	9,616	9,175	8,925
Total Current Liabilities	1,317	1,211	1,479	1,684	2,147	1,525	1,116	1,022	1,199	1,104	1,191
Short-Term Debt	286	133	81	84	396	0.15	0.00	0.13	323	0.00	22
Accounts Payable	14	16	17	16	25	22	9.48	5.99	6.73	12	25
Accrued Expenses	1,006	1,057	1,370	1,564	1,672	1,421	984	935	809	1,008	1,054
Current Deferred & Payable Income Tax Liabilities	6.62	3.49	7.42	3.18	4.90	8.52	14	12	12	28	38
Other Current Liabilities	3.63	2.46	3.03	17	50	74	109	67	48	55	52
Total Noncurrent Liabilities	4,074	4,119	4,038	3,875	4,003	4,820	6,067	7,042	8,418	8,072	7,734
Long-Term Debt	3,640	3,712	3,670	3,507	3,665	4,394	5,645	6,560	8,090	7,473	7,136
Noncurrent Deferred & Payable Income Tax Liabilities	59	56	56	54	55	57	46	41	40	35	37
Other Noncurrent Operating Liabilities	97	81	49	49	283	369	375	441	288	564	562
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,042	4,932	3,823	3,336	2,972	3,143	1,838	820	-314	-840	-940
Total Preferred & Common Equity	4,286	4,340	3,344	2,888	2,297	2,439	1,102	245	-850	-1,287	-1,326
Total Common Equity	4,286	4,340	3,344	2,888	2,297	2,439	1,102	245	-850	-1,287	-1,326
Common Stock	3,109	3,092	2,798	3,687	3,731	3,193	3,222	3,253	3,233	3,123	2,999
Retained Earnings	1,227	1,270	571	-772	-717	-645	-1,987	-2,800	-3,730	-4,057	-4,013
Treasury Stock	-33	-0.28	-0.11	-0.09	-657	-91	-121	-133	-242	-255	-217
Accumulated Other Comprehensive Income / (Loss)	-17	-22	-25	-27	-59	-19	-11	-76	-112	-99	-96
Noncontrolling Interest	756	592	480	448	675	704	736	575	536	447	386

No quarterly balance sheets for Melco Resorts & Entertainment are available.

This table displays calculated financial ratios and metrics derived from Melco Resorts & Entertainment's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.60%	-17.23%	13.70%	16.94%	-1.81%	10.56%	-69.88%	16.46%	-32.92%	179.65%	22.86%
EBITDA Growth	-13.27%	-45.50%	72.14%	22.32%	0.77%	15.90%	-133.68%	103.28%	-1,425.78%	410.07%	63.57%
EBIT Growth	-19.37%	-91.69%	595.13%	68.18%	-2.36%	17.98%	-255.09%	47.27%	-27.69%	108.84%	610.12%
NOPAT Growth	-18.52%	-89.89%	369.69%	86.84%	1.40%	19.44%	-189.92%	38.61%	-28.69%	108.74%	646.05%
Net Income Growth	-8.76%	-111.53%	210.05%	366.57%	8.54%	16.33%	-468.98%	34.25%	-14.71%	62.15%	93.27%
EPS Growth	-4.44%	-82.24%	76.92%	100.00%	-2.61%	15.18%	-442.64%	35.97%	-18.20%	62.78%	113.65%
Operating Cash Flow Growth	-22.34%	-41.65%	121.85%	0.26%	-9.28%	-20.62%	-202.97%	68.78%	-130.47%	200.53%	0.64%
Free Cash Flow Firm Growth	122.62%	-1,311.99%	196.71%	-22.02%	-19.99%	-20.71%	-234.93%	57.44%	-139.05%	203.81%	-37.72%
Invested Capital Growth	11.13%	25.85%	-14.38%	-7.32%	-4.03%	1.21%	4.40%	-0.37%	6.92%	-14.82%	-4.86%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	31.65%	31.53%	31.10%	32.77%	35.76%	36.59%	10.97%	25.87%	21.22%	37.42%	36.14%
EBITDA Margin	21.47%	14.14%	21.40%	22.39%	22.98%	24.09%	-26.93%	0.76%	-15.01%	16.65%	22.16%
Operating Margin	14.27%	2.48%	8.03%	11.44%	11.82%	13.03%	-54.43%	-28.70%	-55.05%	1.72%	10.45%
EBIT Margin	13.21%	1.33%	8.11%	11.67%	11.60%	12.38%	-63.75%	-28.86%	-54.94%	1.74%	10.04%
Profit (Net Income) Margin	10.98%	-1.53%	1.48%	5.91%	6.53%	6.87%	-84.18%	-47.53%	-81.27%	-11.00%	-0.60%
Tax Burden Percent	99.43%	101.72%	89.11%	100.00%	99.93%	97.93%	99.80%	100.30%	100.48%	103.34%	440.37%
Interest Burden Percent	83.60%	-113.35%	20.48%	50.64%	56.33%	56.68%	132.31%	164.17%	147.23%	-612.97%	-1.36%
Effective Tax Rate	0.57%	0.00%	10.89%	0.00%	0.07%	2.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	12.68%	1.08%	4.90%	10.30%	11.08%	13.43%	-11.74%	-7.07%	-8.81%	0.80%	6.69%
ROIC Less NNEP Spread (ROIC-NNEP)	-26.79%	-8.18%	-6.61%	-2.46%	-0.44%	-0.68%	-37.29%	-19.66%	-19.02%	-6.60%	0.53%
Return on Net Nonoperating Assets (RNNOA)	-2.10%	-2.30%	-3.37%	-1.57%	-0.33%	-0.53%	-46.66%	-64.90%	-425.26%	71.15%	-3.55%
Return on Equity (ROE)	10.58%	-1.22%	1.53%	8.72%	10.75%	12.89%	-58.40%	-71.97%	-434.07%	71.96%	3.14%
Cash Return on Invested Capital (CROIC)	2.14%	-21.81%	20.40%	17.90%	15.19%	12.22%	-16.04%	-6.70%	-15.50%	16.82%	11.67%
Operating Return on Assets (OROA)	6.59%	0.51%	3.74%	6.76%	6.68%	7.63%	-11.90%	-6.49%	-8.16%	0.74%	5.71%
Return on Assets (ROA)	5.48%	-0.59%	0.68%	3.42%	3.76%	4.24%	-15.72%	-10.68%	-12.07%	-4.71%	-0.34%
Return on Common Equity (ROCE)	9.06%	-1.05%	1.34%	7.59%	8.83%	9.98%	-41.52%	-36.47%	519.99%	133.24%	4.61%
Return on Equity Simple (ROE_SIMPLE)	12.30%	-1.40%	2.00%	10.81%	14.75%	16.16%	-131.98%	-390.80%	129.03%	32.26%	2.11%
Net Operating Profit after Tax (NOPAT)	681	69	324	605	613	732	-658	-404	-520	45	339
NOPAT Margin	14.19%	1.73%	7.16%	11.44%	11.81%	12.76%	-38.10%	-20.09%	-38.53%	1.20%	7.31%
Net Nonoperating Expense Percent (NNEP)	39.47%	9.26%	11.51%	12.75%	11.51%	14.11%	25.55%	12.59%	10.21%	7.40%	6.16%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-6.42%	0.69%	5.46%
Cost of Revenue to Revenue	68.35%	68.47%	68.90%	67.23%	64.24%	63.41%	89.03%	74.13%	78.78%	62.58%	63.86%
SG&A Expenses to Revenue	6.49%	9.66%	9.88%	8.84%	9.75%	9.75%	24.56%	21.19%	31.35%	12.93%	12.26%
R&D to Revenue	0.22%	0.00%	0.00%	0.59%	0.44%	1.00%	1.48%	1.52%	0.00%	0.03%	0.12%
Operating Expenses to Revenue	17.37%	29.06%	23.07%	21.33%	23.94%	23.55%	65.40%	54.56%	76.27%	35.70%	25.69%
Earnings before Interest and Taxes (EBIT)	634	53	367	617	602	710	-1,102	-581	-742	66	466
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,031	562	967	1,183	1,192	1,382	-465	15	-203	628	1,028
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.65	1.71	2.19	4.62	3.61	4.85	8.17	20.19	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	3.01	1.91	2.49	5.24	4.17	5.12	9.37	44.34	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.36	1.86	1.62	2.52	1.60	2.06	5.21	2.46	4.14	1.07	0.55
Price to Earnings (P/E)	18.65	70.08	41.69	38.66	24.38	31.72	0.00	0.00	0.00	0.00	58.94
Dividend Yield	3.05%	1.10%	5.36%	6.20%	3.33%	3.96%	4.38%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.36%	1.43%	2.40%	2.59%	4.10%	3.15%	0.00%	0.00%	0.00%	0.00%	1.70%
Enterprise Value to Invested Capital (EV/IC)	2.34	1.43	1.65	2.85	2.11	2.71	2.38	1.83	2.08	2.05	1.81
Enterprise Value to Revenue (EV/Rev)	2.76	2.56	2.23	3.05	2.20	2.59	7.89	5.18	9.38	2.82	1.93
Enterprise Value to EBITDA (EV/EBITDA)	12.86	18.14	10.43	13.60	9.58	10.77	0.00	681.92	0.00	16.96	8.72
Enterprise Value to EBIT (EV/EBIT)	20.90	193.23	27.51	26.10	18.97	20.96	0.00	0.00	0.00	162.58	19.25
Enterprise Value to NOPAT (EV/NOPAT)	19.46	147.92	31.17	26.62	18.63	20.33	0.00	0.00	0.00	234.43	26.42
Enterprise Value to Operating Cash Flow (EV/OCF)	14.82	19.52	8.71	13.86	10.84	17.80	0.00	0.00	0.00	17.12	14.30
Enterprise Value to Free Cash Flow (EV/FCFF)	115.35	0.00	7.48	15.31	13.58	22.33	0.00	0.00	0.00	11.22	15.15
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.83	0.83	1.05	1.16	1.37	1.40	3.07	8.00	-26.76	-8.90	-7.61
Long-Term Debt to Equity	0.78	0.81	1.03	1.13	1.23	1.40	3.07	8.00	-25.73	-8.90	-7.59
Financial Leverage	0.08	0.28	0.51	0.64	0.75	0.78	1.25	3.30	22.36	-10.79	-6.70
Leverage Ratio	1.93	2.08	2.24	2.55	2.86	3.04	3.72	6.74	35.97	-15.28	-9.17
Compound Leverage Factor	1.61	-2.35	0.46	1.29	1.61	1.72	4.92	11.06	52.96	93.65	0.13
Debt to Total Capital	45.47%	45.49%	51.21%	53.62%	57.74%	58.30%	75.44%	88.89%	103.88%	112.67%	115.12%
Short-Term Debt to Total Capital	3.10%	1.47%	1.04%	1.17%	5.62%	0.00%	0.00%	0.00%	3.98%	0.00%	0.35%
Long-Term Debt to Total Capital	42.38%	44.02%	50.17%	52.45%	52.12%	58.30%	75.44%	88.89%	99.90%	112.67%	114.77%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	8.17%	6.55%	6.12%	6.23%	9.60%	9.34%	9.83%	7.79%	6.62%	6.74%	6.22%
Common Equity to Total Capital	46.36%	47.97%	42.67%	40.15%	32.66%	32.36%	14.73%	3.32%	-10.50%	-19.41%	-21.33%
Debt to EBITDA	4.08	7.32	4.15	3.26	3.41	3.18	-12.13	429.12	-41.51	11.89	6.96
Net Debt to EBITDA	1.12	3.89	2.35	1.96	2.05	1.70	-8.36	320.98	-32.31	9.81	5.85
Long-Term Debt to EBITDA	3.80	7.09	4.07	3.19	3.07	3.18	-12.13	429.11	-39.92	11.89	6.94
Debt to NOPAT	6.17	59.74	12.40	6.38	6.62	6.00	-8.57	-16.23	-16.17	164.34	21.10
Net Debt to NOPAT	1.70	31.75	7.02	3.83	3.99	3.20	-5.91	-12.14	-12.59	135.51	17.72
Long-Term Debt to NOPAT	5.75	57.81	12.15	6.24	5.98	6.00	-8.57	-16.23	-15.55	164.34	21.03
Altman Z-Score	2.34	1.62	1.60	2.16	1.48	1.92	0.35	0.05	-0.22	0.13	0.28
Noncontrolling Interest Sharing Ratio	14.39%	13.51%	12.24%	12.96%	17.80%	22.55%	28.91%	49.33%	219.79%	-85.17%	-46.84%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.66	2.49	1.54	1.10	0.97	1.24	1.80	1.83	1.73	1.40	1.20
Quick Ratio	1.41	1.56	1.30	1.00	0.88	1.13	1.69	1.67	1.56	1.27	1.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	115	-1,393	1,348	1,051	841	667	-900	-383	-915	950	592
Operating Cash Flow to CapEx	291.61%	188.74%	0.00%	225.87%	157.94%	186.38%	-379.08%	-40.30%	-104.35%	257.68%	1,853.63%
Free Cash Flow to Firm to Interest Expense	0.93	-11.02	4.53	3.41	3.13	2.10	-2.49	-1.01	-2.43	1.94	1.21
Operating Cash Flow to Interest Expense	7.21	4.13	3.89	3.77	3.93	2.64	-2.38	-0.71	-1.64	1.27	1.28
Operating Cash Flow Less CapEx to Interest Expense	4.74	1.94	3.99	2.10	1.44	1.22	-3.01	-2.47	-3.22	0.78	1.22
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.50	0.38	0.46	0.58	0.58	0.62	0.19	0.22	0.15	0.43	0.57
Accounts Receivable Turnover	17.70	15.07	18.10	26.07	20.41	18.68	8.32	21.72	24.22	50.66	38.80
Inventory Turnover	159.04	96.88	94.82	105.13	87.63	85.55	37.87	44.62	37.98	84.62	95.73
Fixed Asset Turnover	1.20	0.76	0.79	0.93	0.90	1.00	0.30	0.35	0.23	0.66	0.86
Accounts Payable Turnover	270.70	181.33	188.59	212.27	162.43	155.18	98.10	192.80	167.18	255.67	162.09
Days Sales Outstanding (DSO)	20.62	24.22	20.16	14.00	17.88	19.54	43.85	16.80	15.07	7.21	9.41
Days Inventory Outstanding (DIO)	2.30	3.77	3.85	3.47	4.17	4.27	9.64	8.18	9.61	4.31	3.81
Days Payable Outstanding (DPO)	1.35	2.01	1.94	1.72	2.25	2.35	3.72	1.89	2.18	1.43	2.25
Cash Conversion Cycle (CCC)	21.57	25.98	22.08	15.75	19.80	21.46	49.76	23.09	22.50	10.09	10.97
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,657	7,119	6,095	5,649	5,421	5,487	5,728	5,706	6,101	5,197	4,944
Invested Capital Turnover	0.89	0.62	0.68	0.90	0.94	1.05	0.31	0.35	0.23	0.67	0.91
Increase / (Decrease) in Invested Capital	566	1,462	-1,024	-446	-228	66	241	-21	395	-904	-252
Enterprise Value (EV)	13,262	10,191	10,085	16,093	11,419	14,886	13,632	10,424	12,668	10,660	8,963
Market Capitalization	11,347	7,411	7,334	13,331	8,295	11,838	9,006	4,943	5,583	4,051	2,566
Book Value per Share	$2.57	$2.66	$2.05	$1.96	$1.55	$1.64	$0.76	$0.17	($0.58)	($0.94)	($1.00)
Tangible Book Value per Share	$2.26	$2.38	$1.81	$1.72	$1.34	$1.56	$0.66	$0.08	($0.67)	($1.22)	($1.28)
Total Capital	9,246	9,047	7,837	7,192	7,033	7,537	7,483	7,380	8,098	6,633	6,217
Total Debt	4,204	4,116	4,013	3,857	4,061	4,394	5,645	6,560	8,413	7,473	7,157
Total Long-Term Debt	3,918	3,983	3,932	3,772	3,665	4,394	5,645	6,560	8,090	7,473	7,136
Net Debt	1,160	2,187	2,272	2,313	2,449	2,343	3,890	4,907	6,549	6,162	6,010
Capital Expenditures (CapEx)	307	277	-29	514	667	449	227	667	594	242	34
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-572	14	-860	-1,298	-1,286	-1,112	-863	-806	-665	-870	-888
Debt-free Net Working Capital (DFNWC)	2,473	1,942	882	245	326	369	893	847	1,199	441	260
Net Working Capital (NWC)	2,186	1,809	800	161	-69	369	893	847	876	441	238
Net Nonoperating Expense (NNE)	154	130	257	292	274	338	796	552	577	461	367
Net Nonoperating Obligations (NNO)	615	2,187	2,272	2,313	2,449	2,343	3,890	4,886	6,416	6,037	5,884
Total Depreciation and Amortization (D&A)	396	509	601	567	590	672	636	596	539	563	562
Debt-free, Cash-free Net Working Capital to Revenue	-11.91%	0.34%	-19.02%	-24.57%	-24.78%	-19.39%	-49.93%	-40.06%	-49.27%	-23.05%	-19.14%
Debt-free Net Working Capital to Revenue	51.49%	48.85%	19.51%	4.64%	6.29%	6.44%	51.66%	42.09%	88.78%	11.67%	5.60%
Net Working Capital to Revenue	45.53%	45.52%	17.71%	3.04%	-1.33%	6.44%	51.66%	42.08%	64.89%	11.67%	5.14%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.37	$0.07	$0.12	$0.24	$0.24	$0.26	($0.88)	($0.57)	($0.67)	($0.25)	$0.03
Adjusted Weighted Average Basic Shares Outstanding	1.65B	1.62B	1.52B	1.47B	1.45B	1.44B	1.43B	1.43B	1.39B	1.31B	1.30B
Adjusted Diluted Earnings per Share	$0.37	$0.07	$0.12	$0.24	$0.24	$0.26	($0.88)	($0.57)	($0.67)	($0.25)	$0.03
Adjusted Weighted Average Diluted Shares Outstanding	1.66B	1.63B	1.53B	1.48B	1.46B	1.44B	1.43B	1.43B	1.39B	1.31B	1.30B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.63B	1.63B	1.48B	1.48B	1.48B	1.46B	1.46B	1.46B	1.37B	1.33B	1.28B
Normalized Net Operating Profit after Tax (NOPAT)	753	187	327	427	668	737	-657	-401	-509	76	354
Normalized NOPAT Margin	15.68%	4.69%	7.24%	8.08%	12.88%	12.85%	-38.05%	-19.94%	-37.72%	2.02%	7.63%
Pre Tax Income Margin	11.05%	-1.50%	1.66%	5.91%	6.54%	7.02%	-84.35%	-47.39%	-80.89%	-10.65%	-0.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.11	0.42	1.23	2.00	2.24	2.24	-3.05	-1.53	-1.97	0.13	0.95
NOPAT to Interest Expense	5.49	0.55	1.09	1.96	2.28	2.31	-1.82	-1.07	-1.38	0.09	0.70
EBIT Less CapEx to Interest Expense	2.64	-1.77	1.33	0.33	-0.24	0.83	-3.68	-3.29	-3.54	-0.36	0.89
NOPAT Less CapEx to Interest Expense	3.02	-1.64	1.19	0.29	-0.20	0.89	-2.45	-2.82	-2.96	-0.40	0.63
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	64.98%	-103.36%	576.18%	263.06%	80.12%	76.35%	-5.44%	0.00%	-0.02%	-0.08%	-1.23%
Augmented Payout Ratio	121.96%	-103.36%	1,776.41%	263.06%	273.59%	76.35%	-8.53%	-5.44%	-17.26%	-40.97%	-402.86%

No quarterly metrics and ratios for Melco Resorts & Entertainment are available.

Frequently Asked Questions About Melco Resorts & Entertainment's Financials

When does Melco Resorts & Entertainment's fiscal year end?

According to the most recent income statement we have on file, Melco Resorts & Entertainment's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Melco Resorts & Entertainment's net income changed over the last 10 years?

Melco Resorts & Entertainment's net income appears to be on an upward trend, with a most recent value of -$27.96 million in 2024, falling from $527.39 million in 2014. The previous period was -$415.33 million in 2023.

What is Melco Resorts & Entertainment's operating income?

Melco Resorts & Entertainment's total operating income in 2024 was $484.63 million, based on the following breakdown:

Total Gross Profit: $1.68 billion
Total Operating Expenses: $1.19 billion

How has Melco Resorts & Entertainment revenue changed over the last 10 years?

Over the last 10 years, Melco Resorts & Entertainment's total revenue changed from $4.80 billion in 2014 to $4.64 billion in 2024, a change of -3.4%.

How much debt does Melco Resorts & Entertainment have?

Melco Resorts & Entertainment's total liabilities were at $8.93 billion at the end of 2024, a 2.7% decrease from 2023, and a 65.6% increase since 2014.

How much cash does Melco Resorts & Entertainment have?

In the past 10 years, Melco Resorts & Entertainment's cash and equivalents has ranged from $1.15 billion in 2024 to $1.81 billion in 2022, and is currently $1.15 billion as of their latest financial filing in 2024.

How has Melco Resorts & Entertainment's book value per share changed over the last 10 years?

Over the last 10 years, Melco Resorts & Entertainment's book value per share changed from 2.57 in 2014 to -1.00 in 2024, a change of -138.8%.

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This page (NASDAQ:MLCO) was last updated on 4/25/2025 by MarketBeat.com Staff

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Melco Resorts & Entertainment (MLCO) Financials

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Melco Resorts & Entertainment (MLCO) Financials

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