MGM Resorts International vs SYSCO Corporation — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while SYSCO Corporation trades at $81.33 (market cap $38.63B). The key difference: SYSCO Corporation is far larger — about 3.3× MGM Resorts International's market cap, and SYSCO Corporation pays the higher dividend (2.72%). Which is the better fit depends on your goals.
| MGM | SYY | |
|---|---|---|
Market Cap | $11.86B | $38.63B |
Sector | Consumer Cyclical | Consumer Staples |
52-Week High | $50.69 | $91.16 |
52-Week Low | $30.72 | $69.30 |
Enterprise Value | $40.90B | $52.11B |
Dividend Yield | 0.03% | 2.72% |
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 →Sysco is the largest U.S. food-service distributor, boasting 17% market share of the highly fragmented food-service distribution industry. Sysco distributes over 400,000 food and nonfood products to restaurants (63% of revenue), healthcare facilities (8%), education and government buildings (8%), travel and leisure (7%), and other locations (14%) where individuals consume away-from-home meals. In fiscal 2022, 82% of the firm's revenue was U.S.-based, with 7% from Canada, 4% from the U.K., 2% from France, and 4% other.
Read more on SYY →