MGM

Stock

MGM Resorts International

Very rare

This is the kind of decline worth waking up for.

MGM Resorts International is 50.7% off its high — among the deepest declines in its recorded history.

Price $46.44 · as of Jul 9, 2026All-time high $94.21Drawdown -50.7%Severity Score™ 8.4
🔴

Very Large

Current Drawdown

-50.7%

Days in Drawdown

6848

Avg Max Drawdown

8.6%

Avg Length

87

Drawdown Severity Score™

8.4

MGM - Price & High Water Mark

MGM - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within MGM's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

0.68xBelow Typical · 19th percentile
Low: 0.07xMedian: 1.2xHigh: 4.9x

20 years of daily history

86.0% below its highest Price to Sales reading · 9.7x typical multiple drawdown · high date June 8, 2021

Price to Sales history

EV to EBITDA

20.9xAbove Typical · 88th percentile
Low: 3.2xMedian: 11.7xHigh: 121.7x

20 years of daily history

82.8% below its highest EV to EBITDA reading · 9.7x typical multiple drawdown · high date October 12, 2021

EV to EBITDA history · log scale

How we measure valuation

MGM Resorts International (MGM) Analysis: Current Drawdown Insights

MGM Resorts International is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $46.44, which represents a 50.7% decline from its all-time high of $94.21. This drawdown has persisted for 6848 days.

Based on its full tracked price history, MGM Resorts International typically experiences drawdowns averaging 8.6% in depth, with an average duration of 87 days. MGM Resorts International has gone through 78 total drawdown events in its tracked history. The largest drawdown on record for MGM Resorts International was 53.5%, beginning in 1993. The longest drawdown duration on record was 2045 days.

The Drawdown Severity Score™ for MGM Resorts International currently stands at 8.44. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 8.0 and 12.0 indicates an extremely rare, severe drawdown: the asset almost never experiences declines of this magnitude in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing MGM Resorts International's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 78 tracked pullbacks (62 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2007-10-09Ongoing6848 days-50.7%$94.21$46.44n/a
2007-10-032007-10-086 days-3.4%$89.63$86.61$92.84
2007-09-272007-10-015 days-1.0%$85.32$84.48$87.70
2007-07-092007-09-2680 days-22.3%$83.42$64.80$85.32
2007-06-192007-07-0517 days-7.0%$81.89$76.13$82.79
2007-06-062007-06-1510 days-3.0%$78.95$76.55$80.94
2007-05-232007-06-0514 days-4.0%$75.54$72.50$78.95
2007-02-092007-05-22102 days-17.7%$70.27$57.86$75.54
2007-02-062007-02-072 days-0.7%$68.56$68.08$69.29
2007-02-022007-02-054 days-1.3%$68.46$67.57$68.56
2007-01-252007-02-018 days-6.4%$68.10$63.75$68.46
2007-01-172007-01-237 days-2.7%$65.29$63.53$66.26
2007-01-122007-01-165 days-1.2%$64.75$63.99$65.29
2006-12-212007-01-0819 days-2.5%$54.59$53.20$56.48
2006-12-192006-12-202 days-0.4%$53.25$53.06$54.59
2006-12-052006-12-1814 days-1.8%$53.22$52.24$53.25
2006-11-302006-12-045 days-1.5%$51.45$50.69$53.22
2006-11-272006-11-293 days-1.1%$51.21$50.64$51.45
2006-11-172006-11-204 days-0.2%$45.30$45.20$46.23
2005-07-292006-11-16476 days-24.7%$43.45$32.73$45.30
2005-07-252005-07-284 days-3.2%$42.72$41.34$43.45
2005-07-182005-07-203 days-0.5%$41.37$41.17$42.48
2005-07-122005-07-132 days-0.0%$40.30$40.29$40.34
2005-06-152005-07-1127 days-8.7%$40.18$36.68$40.30
2005-06-102005-06-145 days-1.6%$39.53$38.89$40.18
2005-06-062005-06-094 days-2.7%$37.54$36.51$39.53
2005-02-082005-06-03115 days-15.8%$37.41$31.50$37.54
2005-01-072005-02-0429 days-9.1%$36.22$32.92$36.84
2004-12-312005-01-067 days-2.7%$34.51$33.59$36.22
2004-12-272004-12-282 days-1.6%$33.30$32.76$33.81
2004-12-202004-12-212 days-2.2%$32.99$32.26$33.06
2004-12-062004-12-105 days-1.8%$30.01$29.46$31.03
2004-11-102004-12-0122 days-5.7%$28.19$26.58$28.64
2004-11-082004-11-092 days-0.3%$28.16$28.08$28.19
2004-10-202004-11-0315 days-5.6%$26.00$24.53$26.65
2004-10-072004-10-159 days-1.7%$24.77$24.36$25.31
2004-06-162004-09-30107 days-18.8%$23.38$18.98$23.45
2004-04-062004-06-1571 days-14.1%$22.94$19.70$23.38
2004-03-302004-04-013 days-1.7%$21.72$21.36$21.81
2004-03-262004-03-294 days-0.1%$21.58$21.56$21.72
2004-03-092004-03-2517 days-5.2%$21.45$20.34$21.58
2004-03-052004-03-084 days-0.0%$21.24$21.23$21.45
2004-02-272004-03-025 days-1.7%$20.93$20.57$20.94
2004-02-192004-02-268 days-1.3%$20.29$20.02$20.93
2004-02-122004-02-176 days-0.7%$20.18$20.05$20.20
2004-02-102004-02-112 days-0.7%$20.12$19.98$20.18
2002-04-262004-02-09655 days-41.5%$19.76$11.56$20.12
2000-10-022002-04-17563 days-53.3%$17.97$8.39$18.07
2000-09-262000-09-294 days-3.9%$17.89$17.18$17.97
2000-08-012000-09-2152 days-8.2%$16.92$15.53$17.00
2000-07-272000-07-315 days-3.1%$16.92$16.39$16.92
2000-04-132000-05-0523 days-11.6%$13.94$12.33$14.06
1999-11-102000-04-10152 days-30.0%$12.77$8.94$13.39
1999-08-241999-11-0170 days-12.2%$12.18$10.70$12.21
1999-05-131999-08-1797 days-16.3%$11.58$9.69$11.58
1993-10-061999-05-122045 days-53.5%$11.48$5.34$11.58
1993-08-311993-10-0536 days-13.1%$11.45$9.95$11.48
1993-05-211993-08-0476 days-22.3%$8.54$6.63$8.66
1993-01-251993-03-2257 days-24.1%$6.46$4.90$6.72
1989-10-111992-12-031150 days-50.0%$4.58$2.29$4.64
1989-08-081989-10-0559 days-17.9%$4.58$3.76$4.58
1989-06-121989-07-1029 days-16.7%$4.23$3.52$4.23
1988-07-271989-05-11289 days-32.7%$3.05$2.05$3.05

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

MGM Resorts International (MGM) is trading at $46.44 as of Jul 9, 2026. It is 50.7% below its high of $94.21. The drawdown has lasted 6,848 days. Severity score: 8.4 (Very Large).

MGM Price History and Drawdown Data

Latest price

$46.44

High-water mark

$94.21

Current drawdown

-50.7%

Days in drawdown

6,848

This MGM page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior MGM Resorts International drawdowns.

What History Says About MGM

MGM Resorts International has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 554 days with an average max drop of -35.4%.

The current drawdown of -50.7% has lasted 6,848 days, which is 12.4x the average duration of comparable events.

PeriodMax DropDuration
Oct 1993 to May 1999-53.5%2045 days
Oct 2000 to Apr 2002-53.3%563 days
Oct 1989 to Dec 1992-50.0%1150 days
Apr 2002 to Feb 2004-41.5%655 days
Jul 1988 to May 1989-32.7%289 days
Nov 1999 to Apr 2000-30.0%152 days

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