15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 24.5% per year over the past 5 years.
Operating margin has expanded, at 11.6% in the latest year.
Financial health
Total debt ($6.7B) exceeds cash ($1.0B); net debt is $5.7B.
Total debt has grown slower than revenue (3.6% vs 24.5% per year).
Operating income covered interest expense 1.3× in the latest year, up from -2.8× 5 years ago.
Total debt is 6.2× EBITDA.
Shareholder returns
Dividends have been paid for 4 consecutive years, consuming 0.0% of earnings.
The dividend has declined 75.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$5.2B
$185M
0.0%
11.6%
—
$6.7B
$1.0B
2024
$4.6B
$44M
0.0%
10.4%
—
$7.2B
$1.1B
2023
$3.8B
-$327M
0.0%
1.7%
—
$7.5B
$1.3B
2022
$1.3B
-$931M
0.0%
-55.0%
—
$8.4B
$1.8B
2021
$2.0B
-$812M
0.0%
-28.7%
—
$6.6B
$1.7B
2020
$1.7B
-$1.3B
0.0%
-54.4%
—
$5.6B
$1.8B
2019
$5.7B
$373M
0.0%
13.0%
$828M
$4.4B
$1.4B
2018
$5.2B
$340M
0.0%
11.8%
—
$4.1B
$1.5B
2017
$5.3B
$345M
0.0%
11.4%
—
$3.6B
$1.4B
2016
$4.5B
$176M
0.0%
8.0%
—
$3.7B
$1.7B
2015
$4.0B
$106M
0.0%
2.5%
—
$3.8B
$1.6B
2014
$4.8B
$608M
0.0%
14.3%
—
$3.9B
$1.6B
2013
$5.1B
$637M
0.0%
16.5%
—
$2.5B
$1.4B
2012
$4.1B
$417M
0.0%
12.4%
$730M
$3.2B
$1.7B
2011
$3.8B
$295M
0.0%
11.6%
$654M
$2.3B
$1.2B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Dec '16
$1.2B
$43M
0.0%
9.7%
—
$3.7B
$1.7B
Dec '15
$1.1B
-$12M
0.0%
-1.7%
—
$3.8B
$1.6B
Valuation over time
How the market has priced MLCO against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 159.8× (Dec '24) to 33.8× (Jun '26).
The price-to-sales ratio has fallen from 11.3× (Mar '23) to 1.2× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is MLCO growing its revenue and profit?
Over the past 5 years, Melco Resorts & Entertainment Ltd's revenue has grown 24.5% per year. These are computed facts, not advice.
How much debt does MLCO have?
As of FY2025, Melco Resorts & Entertainment Ltd reported $6.7B of total debt against $1.0B of cash; operating income covered interest expense 1.3×.
What is MLCO's profit margin?
In FY2025, gross margin was —, operating margin 11.6%, and net margin 3.6%.
What is MLCO's P/E ratio?
As of Jun '26, Melco Resorts & Entertainment Ltd traded at a price-to-earnings ratio of about 33.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.