MLCO
$3.75-3.35%
Melco Resorts & Entertainment Limited American Depositary SharesStock · Consumer Discretionary
MLCO financial statements
The full income statement, balance sheet, and cash-flow statement for Melco Resorts & Entertainment Limited American Depositary Shares (MLCO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2017-12 492.8M2018-12 494.3M2019-12 485.5M2020-12 485.5M2021-12 485.5M2022-12 456.7M2023-12 443.2M2024-12 425.5M2025-12 406.8M-17.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 5.16B+11.3% | 4.64B+22.9% | 3.78B+179.7% | 1.35B-32.9% | 2.01B+16.5% | |
| — | — | 977M+31.4% | 744M-8.5% | 813M-2.8% | ||
| Selling, general & administrative | 657M+15.6% | 569M+16.5% | 488M+15.3% | 423M-0.7% | 426M+0.5% | |
| Amortization of intangibles | — | 0.00 | 0.00-100.0% | 32.8M-42.8% | 57.3M-0.2% | |
| Provision for credit losses | 12.5M+385.5% | 2.57M+166.4% | -3.87M-333.7% | -892K-113.9% | 6.43M-95.1% | |
| Operating income | 600M+23.9% | 485M+646.1% | 65.0M+108.7% | -743M-28.7% | -577M+38.6% | |
| Interest expense | 465M-4.5% | 487M-1.2% | 492M+30.7% | 377M+7.5% | 351M+2.8% | |
| Interest & investment income | 8.48M-46.2% | 15.8M-32.3% | 23.3M-11.9% | 26.5M+299.8% | 6.62M+28.9% | |
| Other non-operating income | 3.00M-21.8% | 3.83M+39.5% | 2.75M-30.1% | 3.93M+27.5% | 3.08M+102.0% | |
| Pre-tax income | 148M+2435.6% | -6.35M+98.4% | -402M+63.2% | -1.09B-14.5% | -954M+34.6% | |
| Income tax | 2.83M-86.9% | 21.6M+61.0% | 13.4M+156.3% | 5.24M+81.5% | 2.88M+199.0% | |
| 185M+325.0% | 43.5M+113.3% | -327M+64.9% | -931M-14.6% | -812M+35.8% | ||
| Net income to non-controlling interest | -39.6M+44.6% | -71.5M+19.1% | -88.4M+46.9% | -167M-15.2% | -145M+24.3% | |
| $0.46+352.9% | $0.10+113.7% | -$0.75+62.8% | -$2.01-18.2% | -$1.70+36.0% | ||
| EPS (basic) | $0.47+355.9% | $0.10+113.7% | -$0.75+62.8% | -$2.01-18.2% | -$1.70+35.8% | |
| Weighted-avg shares (basic) | 398M-7.9% | 432M-1.4% | 438M-5.5% | 464M-3.0% | 478M+0.1% | |
| Weighted-avg shares (diluted) | 401M-7.5% | 433M-1.2% | 438M-5.5% | 464M-3.0% | 478M+0.1% | |
| Dividends per share | $0.00-76.3% | $0.00+14.1% | $0.00+65.1% | $0.00 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.27B-11.2% | 1.43B-7.5% | 1.54B-25.6% | 2.07B+11.0% | 1.87B-7.0% | ||
| Cash & equivalents | 1.02B-10.8% | 1.15B-12.5% | 1.31B-27.7% | 1.81B+9.7% | 1.65B-5.8% | |
| Accounts receivable | 126M-12.3% | 144M+57.4% | 91.6M+63.7% | 56.0M+2.8% | 54.5M-58.0% | |
| Inventory | 36.9M+13.8% | 32.5M+10.3% | 29.4M+11.4% | 26.4M-10.7% | 29.6M-20.6% | |
| Prepaid expenses | 81.8M-20.2% | 103M-8.2% | 112M-6.5% | 119M+9.2% | 109M+27.4% | |
| Other current assets | 40.2M-7.1% | 43.3M-3.1% | 44.7M+7.2% | 41.6M+14.9% | 36.2M | |
| 7.60B-4.9% | 7.99B-4.2% | 8.34B-10.4% | 9.30B+4.7% | 8.88B-1.5% | ||
| Property, plant & equipment | 5.16B-2.2% | 5.27B-4.7% | 5.53B-5.7% | 5.87B-0.7% | 5.91B+4.0% | |
| Operating lease right-of-use | 76.9M-13.7% | 89.2M+43.0% | 62.4M+6.2% | 58.7M-13.7% | 68.0M-26.2% | |
| Goodwill | 23.5M-71.4% | 82.1M+0.6% | 81.6M-0.0% | 81.6M-0.1% | 81.7M-0.6% | |
| Intangible assets | 271M-6.2% | 289M-5.2% | 305M+598.6% | 43.6M-15.4% | 51.5M-12.4% | |
| Deferred tax assets | — | — | 0.00-100.0% | 638K-84.2% | 4.03M-36.8% | |
| 1.18B-0.6% | 1.19B+7.9% | 1.10B-7.9% | 1.20B+17.3% | 1.02B-8.5% | ||
| Accounts payable | 25.9M+4.5% | 24.8M+111.0% | 11.8M+74.6% | 6.73M+12.3% | 5.99M-36.8% | |
| Short-term & current debt | 0.00-100.0% | 21.6M | 0.00-100.0% | 323M+152.0% | 128M | |
| Current lease liability | 19.0M+2.2% | 18.6M-5.6% | 19.7M+54.3% | 12.8M-23.9% | 16.8M-38.0% | |
| Other current liabilities | 719K+1743.6% | 39.0K-89.7% | 377K-50.5% | 761K | — | |
| Finance lease liability (current) | 33.3M-1.4% | 33.8M-4.2% | 35.3M+1.0% | 35.0M-28.0% | 48.6M-39.3% | |
| 8.50B-4.8% | 8.93B-2.7% | 9.18B-4.6% | 9.62B+19.3% | 8.06B+12.3% | ||
| Long-term debt | 6.75B-5.4% | 7.14B-4.5% | 7.47B-7.6% | 8.09B+23.3% | 6.56B+16.2% | |
| Non-current lease liability | 76.1M-5.7% | 80.7M+49.8% | 53.9M-3.5% | 55.8M-11.2% | 62.9M-17.1% | |
| Operating lease liability (total) | 95.1M-4.2% | 99.3M+35.0% | 73.5M+7.2% | 68.6M-13.9% | 79.7M-22.6% | |
| Finance lease liability (total) | 182M-8.9% | 200M-10.3% | 223M-4.5% | 233M-41.1% | 396M+13.1% | |
| Finance lease liability | 149M-10.5% | 166M-11.5% | 187M-5.5% | 198M-43.0% | 348M+28.6% | |
| Deferred tax liabilities | 34.6M-5.8% | 36.7M+5.0% | 35.0M-11.9% | 39.7M-3.3% | 41.0M-10.7% | |
| Other non-current liabilities | 310M-1.7% | 315M-2.3% | 323M+856.9% | 33.7M+10.5% | 30.5M+4.5% | |
| -1.25B+6.0% | -1.33B-3.0% | -1.29B-51.4% | -850M-447.4% | 245M-77.8% | ||
| Common stock | 13.5M+0.0% | 13.5M-3.8% | 14.0M-2.8% | 14.5M-0.8% | 14.6M+0.0% | |
| Additional paid-in capital | 2.99B+0.1% | 2.99B-4.0% | 3.11B-3.4% | 3.22B-0.6% | 3.24B+1.0% | |
| Retained earnings | -3.83B+4.6% | -4.01B+1.1% | -4.06B-8.8% | -3.73B-33.2% | -2.80B-40.9% | |
| Treasury stock | 357M+64.7% | 217M | — | — | — | |
| Accumulated other comprehensive income | -63.7M+33.5% | -95.8M+2.9% | -98.6M+11.9% | -112M-47.3% | -76.0M-570.7% | |
| Non-controlling interest | 343M-11.3% | 386M-13.6% | 447M-16.6% | 536M-6.8% | 575M-21.9% | |
| Total equity incl. non-controlling | -904M+3.9% | -940M-11.9% | -840M-167.2% | -314M-138.3% | 820M-55.4% | |
| Total liabilities & equity | 7.60B-4.9% | 7.99B-4.2% | 8.34B-10.4% | 9.30B+4.7% | 8.88B-1.5% | |
| Common shares issued | 451M+0.0% | 451M-3.8% | 468M-2.8% | 482M-0.8% | 486M+0.0% | |
| Common shares outstanding | 391M-6.9% | 420M-4.0% | 437M-1.8% | 445M-6.2% | 474M-0.5% | |
| Shares outstanding (cover) | 407M-4.4% | 426M-4.0% | 443M-2.9% | 457M-5.9% | 486M+0.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 818M+30.6% | 627M+0.6% | 623M+200.5% | -619M-130.5% | -269M+68.8% | ||
| Depreciation & amortization | 544M+0.4% | 542M-0.3% | 543M+4.1% | 522M-10.0% | 580M-6.3% | |
| Intangible amortization | — | 0.00 | 0.00-100.0% | 32.8M-42.8% | 57.3M-0.2% | |
| Share-based compensation | 29.3M+6.9% | 27.4M-22.8% | 35.5M-50.6% | 71.8M+5.7% | 68.0M+24.9% | |
| Deferred income taxes | -2.02M-210.2% | 1.84M+145.0% | -4.08M-277.6% | 2.30M+202.7% | -2.24M+83.9% | |
| Change in receivables | -4.95M-109.2% | 53.9M+71.1% | 31.5M+7861.1% | 396K+100.6% | -67.6M-145.7% | |
| -342M-13.6% | -301M-520.1% | -48.5M+94.0% | -806M-19.5% | -675M-1165.3% | ||
| Capital expenditure | 15.9M-53.5% | 34.2M-74.3% | 133M-72.3% | 480M-9.9% | 533M+134.0% | |
| Free cash flow | 802M+35.4% | 592M+21.0% | 490M+144.6% | -1.10B-37.2% | -801M+26.4% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 205K-45.2% | 374K-29.4% | 530K+25.3% | 423K-91.3% | 4.84M+774.2% | |
| -603M-26.1% | -478M+57.6% | -1.13B-163.3% | 1.78B+117.0% | 822M-35.0% | ||
| Long-term debt issued | 1.67B+96.5% | 850M-32.1% | 1.25B-32.3% | 1.85B+30.6% | 1.42B-47.7% | |
| Long-term debt repaid | 2.09B+79.0% | 1.17B-46.9% | 2.20B | 0.00-100.0% | 503M-65.4% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 166M+47.8% | 112M-33.9% | 170M-10.2% | 189M+263.6% | 52.0M+15.7% | |
| Dividends paid | 78.0K-77.3% | 344K+9.6% | 314K+60.2% | 196K | 0.00-100.0% | |
| FX effect on cash | 2.14M+120.8% | -10.3M-541.3% | 2.33M+110.3% | -22.6M-216.8% | 19.4M+174.3% | |
| Net change in cash | -125M+23.4% | -163M+70.5% | -553M-264.9% | 335M+427.9% | -102M-131.6% | |
| Income taxes paid | 13.7M+35.5% | 10.1M+913.5% | 1.00M-66.5% | 2.99M-33.9% | 4.52M-15.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 3.08B+25.0% | 2.46B-39.2% | 4.05B-27.4% | 5.58B+13.0% | 4.94B-45.1% | |
| P/E | 16.6×-70.6% | 56.6× | — | — | — | |
| P/S | 0.6×+12.3% | 0.5×-82.3% | 3.0×+8.1% | 2.8×+13.0% | 2.5×-52.9% | |
| P/B | — | — | — | 22.8×+13.0% | 20.2×+147.1% | |
| P/FCF | 3.8×-7.7% | 4.2× | — | — | — | |
| Earnings yield | 6.0%+240.0% | 1.8% | — | — | — | |
| FCF yield | 26.1%+8.3% | 24.0% | — | — | — | |
| Dividend yield | 0.00%-81.9% | 0.01%+74.8% | 0.01%+114.0% | 0.00% | — | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: MLCO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MLCO filings on SEC EDGAR → Not investment advice.