MLCO Chart
About

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 gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-gaming amenities. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau. Further, the company owns and operates Mocha Clubs with 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 satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus; and develops and operates City of Dreams Mediterranean, an integrated casino resort in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. The company operates as a subsidiary of Melco Leisure and Entertainment Group Limited.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Resorts & Casinos Market Cap 2.31B
Enterprise Value 13.28B Income 185.04M Sales 5.16B
Book/sh -3.19 Cash/sh 0.87 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E 12.87 Forward P/E 7.44 PEG —
P/S 0.45 P/B -1.86 P/C —
EV/EBITDA 11.63 EV/Sales 2.57 Quick Ratio 0.97
Current Ratio 1.07 Debt/Eq — LT Debt/Eq —
EPS (ttm) 0.46 EPS next Y 0.80 EPS Growth —
Revenue Growth 8.60% Earnings 2026-04-30 ROA 4.82%
ROE — ROIC — Gross Margin 36.73%
Oper. Margin 11.32% Profit Margin 3.58% Shs Outstand 390.69M
Shs Float 1.09B Short Float 4.04% Short Ratio 2.59
Short Interest — 52W High 10.15 52W Low 4.55
Beta 0.58 Avg Volume 2.14M Volume 1.65M
Target Price $9.63 Recom Buy Prev Close $5.83
Price $5.92 Change 1.54%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.63
Mean price target
2. Current target
$5.92
Latest analyst target
3. DCF / Fair value
$6.90
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$5.92
Low
$6.40
High
$12.30
Mean
$9.63

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-16 down JP Morgan Overweight → Neutral $8
2025-11-10 main JP Morgan Overweight → Overweight $11
2025-09-03 up CLSA Hold → Outperform —
2025-08-01 main Citigroup Buy → Buy $12
2025-08-01 main Susquehanna Positive → Positive $12
2025-07-30 main Susquehanna Positive → Positive $10
2025-07-09 main Citigroup Buy → Buy $11
2025-07-09 main B of A Securities Neutral → Neutral $9
2025-07-01 up JP Morgan Neutral → Overweight $10
2025-06-02 main JP Morgan Neutral → Neutral $7
2025-05-20 main B of A Securities Neutral → Neutral $68
2025-05-20 main B of A Securities Neutral → Neutral $7
2025-04-10 up Citigroup Neutral → Buy $6
2025-03-03 up Morgan Stanley Equal-Weight → Overweight $7
2025-02-27 main Citigroup Neutral → Neutral $6
2025-02-10 down Citigroup Buy → Neutral $6
2025-02-03 main Susquehanna Positive → Positive $9
2025-01-20 main B of A Securities Neutral → Neutral $6
2024-12-17 down Morgan Stanley Overweight → Equal-Weight $8
2024-08-12 main B of A Securities Buy → Buy $8
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-4.48M-4.82M-1.40M-3.41M
TaxRateForCalcs0.120.120.120.12
NormalizedEBITDA1.06B674.03M-181.59M5.22M
TotalUnusualItems-37.34M-40.15M-11.68M-28.41M
TotalUnusualItemsExcludingGoodwill-37.34M-40.15M-11.68M-28.41M
NetIncomeFromContinuingOperationNetMinorityInterest43.54M-326.92M-930.53M-811.75M
ReconciledDepreciation541.54M543.40M521.94M579.85M
ReconciledCostOfRevenue2.98B2.59B1.10B1.52B
EBITDA1.02B633.88M-193.27M-23.19M
EBIT480.37M90.48M-715.21M-603.03M
NetInterestIncome-478.32M-473.46M-356.66M-354.96M
InterestExpense486.72M492.39M376.72M350.54M
InterestIncome15.77M23.30M26.46M6.62M
NormalizedIncome76.41M-291.59M-920.25M-786.75M
NetIncomeFromContinuingAndDiscontinuedOperation43.54M-326.92M-930.53M-811.75M
TotalExpenses4.13B3.67B2.08B2.59B
TotalOperatingIncomeAsReported484.63M64.96M-743.11M-577.45M
DilutedAverageShares400.63M433.14M438.20M456.68M
BasicAverageShares397.99M432.12M438.20M456.68M
DilutedEPS0.460.10-0.63-1.61
BasicEPS0.470.10-0.63-1.61
DilutedNIAvailtoComStockholders43.54M-326.92M-930.53M-811.75M
NetIncomeCommonStockholders43.54M-326.92M-930.53M-811.75M
NetIncome43.54M-326.92M-930.53M-811.75M
MinorityInterests71.50M88.41M166.64M144.71M
NetIncomeIncludingNoncontrollingInterests-27.96M-415.33M-1.10B-956.46M
NetIncomeContinuousOperations-27.96M-415.33M-1.10B-956.46M
TaxProvision21.61M13.42M5.24M2.88M
PretaxIncome-6.35M-401.91M-1.09B-953.58M
OtherIncomeExpense-33.51M-37.40M-7.75M-25.33M
OtherNonOperatingIncomeExpenses3.83M2.75M3.93M3.08M
SpecialIncomeCharges-21.85M-42.38M-15.59M-32.97M
OtherSpecialCharges21.85M42.38M15.59M32.97M
GainOnSaleOfSecurity-15.49M2.23M3.90M4.57M
NetNonOperatingInterestIncomeExpense-478.32M-473.46M-356.66M-354.96M
TotalOtherFinanceCost7.36M4.37M6.40M11.03M
InterestExpenseNonOperating486.72M492.39M376.72M350.54M
InterestIncomeNonOperating15.77M23.30M26.46M6.62M
OperatingIncome505.48M108.95M-727.52M-573.29M
OperatingExpense1.16B1.08B974.06M1.06B
OtherOperatingExpenses41.94M42.45M28.89M26.37M
DepreciationAmortizationDepletionIncomeStatement541.54M543.40M521.94M579.85M
DepreciationAndAmortizationInIncomeStatement541.54M543.40M521.94M579.85M
Amortization19.96M22.67M55.45M80.11M
AmortizationOfIntangiblesIncomeStatement19.96M22.67M55.45M80.11M
DepreciationIncomeStatement521.58M520.73M466.49M499.74M
ResearchAndDevelopment5.43M1.20M0.0030.68M
SellingGeneralAndAdministration568.70M488.13M423.23M426.41M
GeneralAndAdministrativeExpense568.70M488.13M423.23M426.41M
OtherGandA568.70M488.13M423.23M426.41M
GrossProfit1.66B1.18B246.54M490.01M
CostOfRevenue2.98B2.59B1.10B1.52B
TotalRevenue4.64B3.78B1.35B2.01B
OperatingRevenue4.64B3.78B1.35B2.01B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber92.40M93.41M109.74M33.18M
OrdinarySharesNumber1.26B1.31B1.37B1.42B
ShareIssued1.35B1.40B1.48B1.46B
NetDebt6.01B6.16B6.60B4.91B
TotalDebt7.46B7.77B8.71B7.04B
TangibleBookValue-2.26B-2.26B-1.65B-610.17M
InvestedCapital5.83B6.19B7.56B6.80B
WorkingCapital238.30M440.67M876.05M846.86M
NetTangibleAssets-2.26B-2.26B-1.65B-610.17M
CapitalLeaseObligations299.02M296.32M301.84M475.84M
CommonStockEquity-1.33B-1.29B-850.33M244.75M
TotalCapitalization5.81B6.19B7.24B6.80B
TotalEquityGrossMinorityInterest-939.96M-840.05M-314.36M819.88M
MinorityInterest386.50M447.23M535.96M575.14M
StockholdersEquity-1.33B-1.29B-850.33M244.75M
GainsLossesNotAffectingRetainedEarnings-95.75M-98.60M-111.97M-76.01M
OtherEquityAdjustments-95.75M-98.60M-111.97M-76.01M
TreasuryStock216.63M255.07M241.75M132.86M
RetainedEarnings-4.01B-4.06B-3.73B-2.80B
AdditionalPaidInCapital2.99B3.11B3.22B3.24B
CapitalStock13.52M14.05M14.45M14.56M
CommonStock13.52M14.05M14.45M14.56M
TotalLiabilitiesNetMinorityInterest8.93B9.18B9.62B8.06B
TotalNonCurrentLiabilitiesNetMinorityInterest7.73B8.07B8.42B7.04B
OtherNonCurrentLiabilities315.30M322.59M33.71M30.52M
NonCurrentDeferredLiabilities36.71M34.96M39.68M41.03M
NonCurrentDeferredTaxesLiabilities36.71M34.96M39.68M41.03M
LongTermDebtAndCapitalLeaseObligation7.38B7.71B8.34B6.97B
LongTermCapitalLeaseObligation246.61M241.33M254.12M410.52M
LongTermDebt7.14B7.47B8.09B6.56B
CurrentLiabilities1.19B1.10B1.20B1.02B
OtherCurrentLiabilities154.41M148.46M52.92M97.99M
CurrentDeferredLiabilities253.34M250.96M278.59M309.72M
CurrentDeferredRevenue253.34M250.96M278.59M309.72M
CurrentDebtAndCapitalLeaseObligation74.00M54.99M370.22M65.45M
CurrentCapitalLeaseObligation52.41M54.99M47.72M65.32M
CurrentDebt21.60M322.50M128.00K
OtherCurrentBorrowings21.60M322.50M128.00K
PayablesAndAccruedExpenses709.11M649.21M496.89M548.72M
CurrentAccruedExpenses408.23M376.10M317.18M279.02M
InterestPayable119.03M114.59M123.03M105.64M
Payables300.88M273.12M179.71M269.70M
OtherPayable67.03M73.52M111.92M164.78M
DuetoRelatedPartiesCurrent39.00K377.00K761.00K1.55M
DividendsPayable230.00K
TotalTaxPayable209.02M187.47M60.30M97.38M
IncomeTaxPayable38.01M28.18M11.61M11.91M
AccountsPayable24.79M11.75M6.73M5.99M
TotalAssets7.99B8.34B9.30B8.88B
TotalNonCurrentAssets6.56B6.79B7.23B7.01B
OtherNonCurrentAssets157.54M143.08M144.03M23.82M
NonCurrentPrepaidAssets11.73M21.31M41.16M36.56M
NonCurrentDeferredAssets43.29M34.09M53.76M70.66M
NonCurrentDeferredTaxesAssets0.00638.00K4.03M
DuefromRelatedPartiesNonCurrent0.00216.33M0.00
NonCurrentAccountsReceivable21.32M19.23M217.35M1.95M
GoodwillAndOtherIntangibleAssets937.15M969.02M796.09M854.91M
OtherIntangibleAssets855.06M887.43M714.48M773.19M
Goodwill82.09M81.58M81.61M81.72M
NetPPE5.39B5.60B5.97B6.03B
AccumulatedDepreciation-5.29B-4.88B-4.47B-4.21B
GrossPPE10.68B10.48B10.44B10.24B
Leases1.18B1.09B1.08B1.17B
ConstructionInProgress24.20M9.20M1.51B1.07B
OtherProperties89.16M62.36M58.72M68.03M
MachineryFurnitureEquipment1.69B1.64B1.55B1.56B
BuildingsAndImprovements7.65B7.62B6.19B6.31B
LandAndImprovements57.04M58.47M56.53M59.81M
Properties0.000.000.000.00
CurrentAssets1.43B1.54B2.07B1.87B
OtherCurrentAssets102.52M111.69M119.41M109.33M
AssetsHeldForSaleCurrent0.008.50M21.78M
RestrictedCash368.00K27.00K50.99M285.00K
PrepaidAssets77.77M73.09M
Inventory32.45M29.43M26.42M29.59M
Receivables146.63M92.44M56.62M54.88M
DuefromRelatedPartiesCurrent2.42M797.00K630.00K384.00K
AccountsReceivable144.21M91.64M55.99M54.49M
AllowanceForDoubtfulAccountsReceivable-128.01M-153.86M-217.24M-268.41M
GrossAccountsReceivable272.22M245.50M273.24M322.90M
CashCashEquivalentsAndShortTermInvestments1.15B1.31B1.81B1.65B
CashAndCashEquivalents1.15B1.31B1.81B1.65B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow325.48M358.80M-1.24B-948.17M
RepurchaseOfCapitalStock-113.03M-170.51M-192.47M-60.99M
RepaymentOfDebt-1.18B-2.21B0.00-502.98M
IssuanceOfDebt850.28M1.25B1.85B1.42B
IssuanceOfCapitalStock0.000.00134.10M
CapitalExpenditure-301.18M-263.89M-622.09M-679.39M
InterestPaidSupplementalData473.23M490.91M350.74M310.32M
IncomeTaxPaidSupplementalData10.14M1.00M2.99M4.52M
EndCashPosition1.27B1.44B1.99B1.65B
OtherCashAdjustmentOutsideChangeinCash0.000.00-234.00K
BeginningCashPosition1.44B1.99B1.65B1.76B
EffectOfExchangeRateChanges-10.26M2.33M-22.60M19.36M
ChangesInCash-152.50M-554.95M357.74M-121.58M
FinancingCashFlow-478.35M-1.13B1.78B821.75M
CashFlowFromContinuingFinancingActivities-478.35M-1.13B1.78B821.75M
NetOtherFinancingCharges-36.95M-530.00K-7.99M-37.40M
ProceedsFromStockOptionExercised0.00226.00K0.007.10M
CashDividendsPaid-344.00K-314.00K-196.00K0.00
CommonStockDividendPaid-344.00K-314.00K-196.00K0.00
NetCommonStockIssuance-113.03M-170.51M-58.37M-60.99M
CommonStockPayments-113.03M-170.51M-192.47M-60.99M
CommonStockIssuance0.000.00134.10M
NetIssuancePaymentsOfDebt-328.02M-958.00M1.85B913.03M
NetLongTermDebtIssuance-328.02M-958.00M1.85B913.03M
LongTermDebtPayments-1.18B-2.21B0.00-502.98M
LongTermDebtIssuance850.28M1.25B1.85B1.42B
InvestingCashFlow-300.81M-48.51M-806.11M-674.55M
CashFlowFromContinuingInvestingActivities-300.81M-48.51M-806.11M-674.55M
NetOtherInvestingChanges214.84M-184.44M
NetInvestmentPurchaseAndSale0.000.000.00
SaleOfInvestment0.000.00298.67M
PurchaseOfInvestment0.000.00-298.67M
NetBusinessPurchaseAndSale0.00
PurchaseOfBusiness0.00
NetIntangiblesPurchaseAndSale-39.24M-6.86M-12.48M-7.58M
PurchaseOfIntangibles-39.24M-6.86M-12.48M-7.58M
NetPPEPurchaseAndSale-227.39M-123.57M-129.31M-134.31M
SaleOfPPE374.00K530.00K423.00K4.84M
PurchaseOfPPE-227.76M-124.10M-129.73M-139.16M
CapitalExpenditureReported-34.18M-132.92M-479.88M-532.66M
OperatingCashFlow626.66M622.69M-619.43M-268.77M
CashFlowFromContinuingOperatingActivities626.66M622.69M-619.43M-268.77M
ChangeInWorkingCapital65.12M242.54M-132.85M-36.35M
ChangeInOtherCurrentLiabilities3.59M24.94M1.05M-3.15M
ChangeInPayablesAndAccruedExpense82.01M212.38M-121.29M-178.85M
ChangeInPrepaidAssets28.35M16.57M-16.41M61.95M
ChangeInInventory5.12M20.18M4.19M16.13M
ChangeInReceivables-53.94M-31.53M-396.00K67.57M
ChangesInAccountReceivables-53.94M-31.53M-396.00K67.57M
OtherNonCashItems5.88M11.33M213.00K33.49M
StockBasedCompensation27.37M35.47M71.81M67.96M
UnrealizedGainLossOnInvestmentSecurities0.000.00
ProvisionandWriteOffofAssets2.93M-3.35M-433.00K6.45M
AssetImpairmentCharge3.32M207.61M10.39M3.64M
DeferredTax5.87M6.67M5.71M3.02M
DeferredIncomeTax5.87M6.67M5.71M3.02M
DepreciationAmortizationDepletion541.54M543.40M521.94M579.85M
DepreciationAndAmortization541.54M543.40M521.94M579.85M
OperatingGainsLosses2.59M-5.64M953.00K29.62M
GainLossOnSaleOfPPE1.59M443.00K476.00K807.00K
NetIncomeFromContinuingOperations-27.96M-415.33M-1.10B-956.46M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for MLCO
Date User Asset Broker Type Position Size Entry Price Patterns