MGM Resorts International vs Snowflake Inc — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Snowflake Inc trades at $271.42 (market cap $95.09B). The key difference: Snowflake Inc is far larger — about 8× MGM Resorts International's market cap, and MGM Resorts International pays a 0.03% dividend while Snowflake Inc pays none. Which is the better fit depends on your goals.
| MGM | SNOW | |
|---|---|---|
Market Cap | $11.86B | $95.09B |
Sector | Consumer Cyclical | Technology |
52-Week High | $50.69 | $280.16 |
52-Week Low | $30.72 | $121.11 |
Enterprise Value | $40.90B | $94.90B |
Dividend Yield | 0.03% | — |
Trailing returns across standard periods
Latest headlines on both assets
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Read more on SNOW →