Wynn Resorts Ltd (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. It operates in four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates casino space, private gaming salons, and sky casinos; a luxury hotel tower with suites and villas, as well as a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and a performance lake, an immersive entertainment center, Western and Asian art displays, and a gondola ride. Its Wynn Macau segment operates casino space, private gaming salons, sky casinos, and a poker room; luxury hotel towers with health clubs, spas, a salon, and a pool; food and beverage outlets; retail space; meeting and convention space; a performance lake; and a rotunda show featuring Chinese zodiac-inspired ceilings. The Las Vegas Operations segment operates casino space, private gaming salons, a sky casino, a poker room, and a race and sports book; a luxury hotel tower with suites, villas, swimming pools, private cabanas, full-service spas and salons, and a wedding chapel; food and beverage outlets; meeting and convention space; retail space; a golf course; nightclubs; a beach club; and theaters. Its Encore Boston Harbor segment operates casino space, private and high-limit gaming areas, and a sports book; a luxury hotel tower with suites, a spa, and a salon; food and beverage outlets; a nightclub; retail space; meeting and convention space; a waterfront park; floral displays; and water shuttle services. Wynn Resorts, Limited was incorporated in 2002 and is based in Las Vegas, Nevada.

Symbol
WYNN
Exchange
Nasdaq
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Market cap
$7.85B
52 week range
75.75 - 134.72

Valuation

Share price
$75.88 (close of 2026-10-02)
P/E (TTM)
17.36x
Price to book
-8.65x
Price to free cash flow
9.91x
Enterprise value
$18.62B
Book value per share
$-8.77

Price performance

PeriodChange
1 day-1.84%
5 days-6.46%
1 month-17.09%
3 months-20.88%
6 months-25.63%
Year to date-36.94%
1 year-43.09%
3 years-18.08%
5 years-12.99%
10 years-22.11%
All time+483.24%

Members of Congress who disclosed WYNN trades

Lisa McClain · Gilbert Ray Cisneros · Alan Armstrong · Susie Lee

Super investors holding WYNN

Ken Griffin (Citadel)

Profitability and growth

Return on equity
-31.74%
Return on invested capital
10.47%
Return on assets
2.50%
Return on capital employed
9.75%
Gross margin
31.32%
Net margin
4.59%
EBITDA margin
24.36%
Revenue growth
0.14%
Net income growth
-34.67%
Free cash flow growth
-31.21%

Cash flow and balance sheet

Free cash flow yield (TTM)
10.09%
Current ratio
0.91x
Net debt to EBITDA
5.52x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$7.14B
Cost of revenue
$4.90B
Gross profit
$2.24B
EBITDA
$1.74B
Net income
$327.33M
Earnings per share
$3.16
Shares outstanding
103.70M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$7.14B$2.24B$327.33M$3.16
2024-12-31$7.13B$2.21B$501.08M$4.56
2023-12-31$6.53B$1.91B$729.99M$6.49
2022-12-31$3.76B$729.77M-$423.86M$-3.73
2021-12-31$3.76B$402.05M-$755.79M$-6.64
2020-12-31$2.10B--$2.07B$-19.37
2019-12-31$6.61B$1.77B$122.98M$1.15
2018-12-31$6.72B$1.50B$572.43M$5.37
2017-12-31$6.07B$1.74B$747.18M$7.32
2016-12-31$4.35B$1.07B$241.97M$2.39

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3131.32%4.59%-31.74%10.47%
2024-12-3131.05%7.03%-51.73%12.87%
2023-12-3129.17%11.18%-66.31%8.95%
2022-12-3119.43%-11.28%25.84%-1.19%
2021-12-3110.68%-20.08%90.38%-4.50%
2020-12-31--98.63%280.37%-13.61%
2019-12-3126.85%1.86%7.98%7.17%
2018-12-3122.28%8.52%31.54%8.15%
2017-12-3128.68%12.31%69.29%13.65%
2016-12-3124.62%5.57%93.83%6.62%

Cash and debt by year

Period endCashDebt
2025-12-31$1.46B$10.54B
2024-12-31$2.43B$10.50B
2023-12-31$2.88B$11.03B
2022-12-31$3.65B$11.57B
2021-12-31$2.52B$11.88B
2020-12-31$3.48B$12.47B
2019-12-31$2.35B$10.08B
2018-12-31$2.22B$9.41B
2017-12-31$2.97B$9.57B
2016-12-31$2.63B$10.13B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$692.22M$91.93M
2024-12-31$1.01B$59.03M
2023-12-31$805.09M$64.52M
2022-12-31-$371.40M$67.63M
2021-12-31-$513.25M$95.24M
2020-12-31-$1.36B$62.25M
2019-12-31-$162.22M$39.70M
2018-12-31-$514.48M$36.49M
2017-12-31$941.10M$43.97M
2016-12-31-$255.40M$43.22M

Dividend history

Most recent payment
2026-08-14
Paid in the last twelve months
$1.00
Payment dateDividend per share
2026-08-14$0.25
2026-05-18$0.25
2026-02-23$0.25
2025-11-17$0.25
2025-08-18$0.25
2025-05-16$0.25
2025-02-24$0.25
2024-11-15$0.25

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$0.88

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026$1.01
2026-05-07Mar/2026$1.18
2026-02-12Dec/2025$1.33
2025-11-06Sep/2025$1.09
2025-08-07Jun/2025$1.20
2025-05-06Mar/2025$1.22
2025-02-13Dec/2024$1.27
2024-11-04Sep/2024$1.17

Filings and sources

Company website
wynnresorts.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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