Wynn Resorts (WYNN) Financials

$73.96 +0.77 (+1.05%)

As of 03:46 PM Eastern

Annual Income Statements for Wynn Resorts

This table shows Wynn Resorts' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	195	242	747	572	123	-2,067	-756	-424	730	501
Consolidated Net Income / (Loss)	282	302	889	803	311	-2,327	-1,012	-709	782	640
Net Income / (Loss) Continuing Operations	282	302	889	803	311	-2,327	-1,012	-709	782	640
Total Pre-Tax Income	289	311	560	306	488	-1,762	-1,012	-700	285	643
Total Operating Income	659	522	1,056	736	878	-1,232	-395	-101	840	1,133
Total Gross Profit	1,692	1,863	2,350	2,625	2,522	288	1,176	1,374	2,827	3,097
Total Revenue	4,076	4,346	6,070	6,718	6,611	2,096	3,764	3,757	6,532	7,128
Operating Revenue	4,419	4,346	6,070	6,718	6,611	2,096	3,764	3,757	6,532	7,128
Total Cost of Revenue	2,384	2,483	3,720	4,093	4,089	1,808	2,588	2,383	3,705	4,031
Operating Cost of Revenue	2,373	2,474	3,727	4,086	4,067	1,743	2,559	2,390	3,709	4,026
Other Cost of Revenue	11	8.20	-6.71	6.53	22	64	29	-7.30	-3.96	4.99
Total Operating Expenses	1,033	1,342	1,294	1,889	1,644	1,520	1,570	1,475	1,987	1,964
Selling, General & Admin Expense	465	548	685	761	897	721	797	830	1,065	1,080
Depreciation Expense	323	405	552	551	625	726	716	692	687	659
Other Operating Expenses / (Income)	157	179	-	464	-	0.00	0.00	-182	0.00	0.00
Impairment Charge	-	-	-	-	-	-	10	48	94	0.00
Other Special Charges / (Income)	88	210	56	114	122	74	47	86	140	224
Total Other Income / (Expense), net	-370	-211	-495	-430	-390	-530	-617	-599	-555	-489
Interest Expense	427	289	444	382	426	561	608	651	764	691
Interest & Investment Income	9.05	14	31	30	24	15	3.21	30	176	130
Other Income / (Expense), net	48	65	-82	-78	12	15	-13	22	34	72
Income Tax Expense	7.72	8.13	-329	-497	177	565	0.47	9.33	-497	3.68
Net Income / (Loss) Attributable to Noncontrolling Interest	86	60	142	231	188	-260	-256	-286	52	139
Basic Earnings per Share	$1.93	$2.39	$7.32	$5.37	$1.15	($19.37)	($6.64)	($3.73)	$6.49	$4.56
Weighted Average Basic Shares Outstanding	101.16M	101.45M	102.07M	106.53M	106.75M	106.75M	113.76M	113.62M	112.52M	109.97M
Diluted Earnings per Share	$1.92	$2.38	$7.28	$5.35	$1.15	($19.37)	($6.64)	($3.73)	$6.32	$4.35
Weighted Average Diluted Shares Outstanding	101.67M	101.86M	102.60M	107.03M	106.99M	106.75M	113.76M	113.62M	112.86M	110.27M
Weighted Average Basic & Diluted Shares Outstanding	1.22B	1.51B	102.10M	106.60M	107.52M	115.62M	115.90M	113.69M	112.08M	106.40M

This table shows Wynn Resorts' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-143	32	12	105	-117	729	144	112	-32	277
Consolidated Net Income / (Loss)	-208	-34	1.15	128	-121	774	176	146	-5.42	322
Net Income / (Loss) Continuing Operations	-208	-34	1.15	128	-121	774	176	146	-5.42	322
Total Pre-Tax Income	-206	-27	2.16	132	-123	274	197	154	12	281
Total Operating Income	-53	99	170	250	63	358	363	270	133	367
Total Gross Profit	332	365	605	695	712	815	828	751	714	803
Total Revenue	890	1,005	1,424	1,596	1,672	1,840	1,863	1,733	1,693	1,839
Operating Revenue	890	1,005	1,424	1,596	1,672	1,840	1,863	1,733	1,693	1,839
Total Cost of Revenue	558	640	819	901	960	1,025	1,034	982	979	1,036
Operating Cost of Revenue	566	636	819	907	959	1,023	1,034	979	977	1,036
Other Cost of Revenue	-8.19	4.04	-0.54	-6.64	0.87	2.35	0.09	2.43	1.84	0.63
Total Operating Expenses	385	265	436	445	650	457	466	482	581	436
Selling, General & Admin Expense	201	232	260	257	268	279	272	265	272	272
Depreciation Expense	173	172	169	170	172	177	175	176	156	151
Other Special Charges / (Income)	11	-5.00	6.94	17	0.87	115	19	40	2.46	163
Total Other Income / (Expense), net	-153	-127	-167	-118	-186	-83	-166	-115	-122	-86
Interest Expense	165	179	200	194	186	185	184	175	168	165
Interest & Investment Income	6.89	19	40	44	47	45	40	35	31	25
Other Income / (Expense), net	4.98	33	-7.57	31	-47	57	-23	24	16	54
Income Tax Expense	1.39	6.08	1.02	4.31	-2.75	-499	20	7.94	17	-41
Net Income / (Loss) Attributable to Noncontrolling Interest	-65	-66	-11	23	-3.86	45	32	34	27	45
Basic Earnings per Share	($1.27)	$0.27	$0.11	$0.93	($1.03)	$6.48	$1.30	$1.01	($0.29)	$2.54
Weighted Average Basic Shares Outstanding	112.71M	113.62M	112.75M	112.89M	112.80M	112.52M	111.02M	110.94M	109.73M	109.97M
Diluted Earnings per Share	($1.27)	$0.27	($0.02)	$0.84	($1.03)	$6.53	$1.30	$0.91	($0.29)	$2.43
Weighted Average Diluted Shares Outstanding	112.71M	113.62M	113.12M	113.20M	112.80M	112.86M	111.33M	111.18M	109.73M	110.27M
Weighted Average Basic & Diluted Shares Outstanding	113.31M	113.69M	113.80M	113.94M	112.95M	112.08M	112.07M	110.99M	109.81M	106.40M

This table details how cash moves in and out of Wynn Resorts' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-102	564	165	-586	139	1,128	-955	1,252	-814	-448
Net Cash From Operating Activities	573	971	1,877	961	901	-1,072	-223	-71	1,248	1,426
Net Cash From Continuing Operating Activities	573	971	1,877	961	901	-1,072	-223	-71	1,248	1,426
Net Income / (Loss) Continuing Operations	282	302	889	803	311	-2,327	-1,012	-709	782	640
Consolidated Net Income / (Loss)	282	302	889	803	311	-2,327	-1,012	-709	782	640
Depreciation Expense	323	405	552	551	625	726	716	692	687	659
Amortization Expense	20	24	25	37	29	29	27	29	40	39
Non-Cash Adjustments To Reconcile Net Income	134	29	196	172	80	170	201	-14	285	173
Changes in Operating Assets and Liabilities, net	-185	210	214	-601	-144	330	-155	-69	-546	-85
Net Cash From Investing Activities	-1,892	-1,288	-958	-1,223	-1,069	-266	-342	1,349	-1,343	-84
Net Cash From Continuing Investing Activities	-1,892	-1,288	-958	-1,223	-1,069	-266	-342	1,349	-1,343	-84
Purchase of Property, Plant & Equipment	-1,921	-1,226	-935	-1,476	-1,063	-290	-291	-300	-443	-420
Purchase of Investments	-253	-197	-229	-34	-	-	0.00	-40	-890	-563
Sale of Property, Plant & Equipment	37	3.87	20	54	0.70	20	4.27	1.47	1.16	52
Sale and/or Maturity of Investments	250	146	200	359	-	-	-	0.00	0.00	850
Other Investing Activities, net	-3.91	-15	-14	-126	-6.00	0.00	-56	1,688	-11	-2.62
Net Cash From Financing Activities	1,216	883	-754	-324	299	2,463	-388	-24	-719	-1,794
Net Cash From Continuing Financing Activities	1,216	883	-754	-324	299	2,463	-388	-24	-719	-1,794
Repayment of Debt	-3,568	-422	-3,051	-3,081	-2,963	-2,063	-2,520	-53	-1,582	-3,101
Repurchase of Common Equity	-7.20	-14	-18	-160	-67	-12	-14	-187	-212	-402
Payment of Dividends	-499	-325	-332	-875	-574	-149	-26	-29	-107	-157
Issuance of Debt	5,291	1,430	2,430	2,789	3,894	4,692	1,340	211	1,200	1,884
Issuance of Common Equity	-	0.00	0.00	915	0.00	0.00	847	53	0.00	0.00
Other Financing Activities, net	3.82	221	217	93	15	-5.85	-16	-18	-17	-18
Effect of Exchange Rate Changes	0.41	-1.13	-	-	7.49	3.03	-2.30	-2.09	0.28	3.53

This table details how cash moves in and out of Wynn Resorts' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	79	1,680	156	-191	-868	90	-459	-40	1,239	-1,187
Net Cash From Operating Activities	4.41	82	169	361	276	441	315	353	279	479
Net Cash From Continuing Operating Activities	4.41	82	169	361	276	441	315	353	279	479
Net Income / (Loss) Continuing Operations	-208	-34	1.15	128	-121	774	176	146	-5.42	322
Consolidated Net Income / (Loss)	-208	-34	1.15	128	-121	774	176	146	-5.42	322
Depreciation Expense	173	172	169	170	172	177	175	176	156	151
Amortization Expense	7.27	7.57	8.76	10	10	10	10	10	9.46	9.29
Non-Cash Adjustments To Reconcile Net Income	17	-155	59	24	213	-11	35	46	79	13
Changes in Operating Assets and Liabilities, net	15	90	-69	29	1.49	-508	-82	-27	40	-17
Net Cash From Investing Activities	-88	1,633	-132	-412	-634	-164	-167	-104	398	-210
Net Cash From Continuing Investing Activities	-88	1,633	-132	-412	-634	-164	-167	-104	398	-210
Purchase of Property, Plant & Equipment	-87	-27	-124	-91	-114	-113	-98	-94	-101	-127
Purchase of Investments	-	-40	0.00	-318	-521	-51	-70	-359	-26	-108
Sale of Property, Plant & Equipment	0.46	0.99	0.26	0.23	-	0.67	0.23	1.06	26	26
Net Cash From Financing Activities	160	-33	121	-140	-509	-191	-604	-291	558	-1,456
Net Cash From Continuing Financing Activities	160	-33	121	-140	-509	-191	-604	-291	558	-1,456
Repayment of Debt	-13	-13	-1,058	-103	-410	-10	-967	-173	-147	-1,814
Repurchase of Common Equity	-29	-8.88	-11	-1.26	-59	-141	-11	-69	-117	-204
Payment of Dividends	-5.01	-6.37	-4.68	-33	-35	-35	-34	-45	-44	-34
Issuance of Debt	211	-	1,200	-	-	-	412	-	872	600
Other Financing Activities, net	-4.21	-55	-5.41	-2.36	-4.68	-4.86	-4.04	-4.11	-5.34	-4.72
Effect of Exchange Rate Changes	2.47	-0.98	-2.57	-0.30	-0.86	4.00	-2.38	2.57	3.16	0.18

This table presents Wynn Resorts' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	10,459	11,954	12,682	13,216	13,871	13,870	12,531	13,415	13,996	12,978
Total Current Assets	2,506	2,990	3,424	2,641	2,856	3,813	2,876	4,030	4,242	2,922
Cash & Equivalents	2,080	2,453	2,804	2,215	2,352	3,482	2,523	3,650	2,879	2,426
Restricted Cash	-	-	-	-	-	0.00	4.90	4.82	0.02	0.00
Short-Term Investments	115	173	167	-	-	-	-	0.00	845	0.00
Accounts Receivable	188	219	224	277	346	200	199	216	342	324
Inventories, net	74	92	72	67	89	66	70	70	76	76
Prepaid Expenses	48	53	157	83	69	65	79	88	100	96
Plant, Property, & Equipment, net	7,477	8,260	8,499	9,386	9,624	9,197	8,765	6,896	6,688	6,521
Total Noncurrent Assets	476	704	759	1,189	1,391	860	890	2,489	3,066	3,535
Goodwill	-	-	-	-	146	278	308	245	330	273
Noncurrent Deferred & Refundable Income Taxes	-	0.00	241	736	562	-	-	0.00	501	508
Other Noncurrent Operating Assets	228	462	234	230	682	582	582	2,244	2,236	2,754
Total Liabilities & Shareholders' Equity	10,459	11,954	12,682	13,216	13,871	13,870	12,531	13,415	13,996	12,978
Total Liabilities	10,437	11,696	11,603	11,401	12,330	14,607	13,367	15,055	15,097	13,947
Total Current Liabilities	1,110	1,416	1,930	1,882	1,983	1,881	1,288	1,811	2,200	1,540
Short-Term Debt	-	0.00	63	12	324	596	50	548	710	41
Accounts Payable	268	299	285	322	262	148	171	197	208	205
Accrued Expenses	64	92	86	120	151	160	219	193	212	251
Customer Deposits	436	600	1,050	-	824	647	436	506	543	509
Current Employee Benefit Liabilities	130	166	140	164	180	127	206	187	213	229
Other Taxes Payable	99	163	212	247	168	66	73	45	173	172
Other Current Nonoperating Liabilities	98	98	95	62	73	136	133	136	142	133
Total Noncurrent Liabilities	9,327	10,279	9,673	9,519	10,347	12,726	12,079	13,244	12,897	12,407
Long-Term Debt	9,150	10,125	9,566	9,411	10,080	12,469	11,885	11,569	11,029	10,500
Other Noncurrent Operating Liabilities	141	87	107	108	267	257	195	1,675	1,868	1,907
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	22	258	1,078	1,815	1,541	-737	-836	-1,640	-1,101	-969
Total Preferred & Common Equity	-112	158	948	2,034	1,743	-352	-214	-751	-251	-224
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-112	158	948	2,034	1,743	-352	-214	-751	-251	-224
Common Stock	984	1,228	1,499	2,458	2,514	2,599	3,504	3,585	3,648	3,700
Retained Earnings	55	95	635	922	642	-1,532	-2,288	-2,712	-2,067	-1,677
Treasury Stock	-1,153	-1,167	-1,184	-1,344	-1,411	-1,423	-1,436	-1,624	-1,836	-2,242
Accumulated Other Comprehensive Income / (Loss)	1.09	1.48	-1.85	-1.95	-1.68	3.60	6.00	-0.40	3.41	-5.70
Noncontrolling Interest	134	100	131	-219	-202	-385	-622	-890	-850	-744

This table presents Wynn Resorts' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	11,779	13,415	13,724	13,784	13,336	13,996	13,471	13,290	14,111	12,978
Total Current Assets	2,323	4,030	4,253	4,352	4,031	4,242	3,771	3,373	4,191	2,922
Cash & Equivalents	1,944	3,650	3,844	3,654	2,788	2,879	2,420	2,379	2,407	2,426
Restricted Cash	5.04	4.82	5.66	3.90	0.98	0.02	0.00	0.00	1,206	0.00
Short-Term Investments	-	0.00	-	288	792	845	849	500	0.00	0.00
Accounts Receivable	210	216	227	230	249	342	297	318	389	324
Inventories, net	68	70	69	71	75	76	74	72	75	76
Prepaid Expenses	97	88	108	105	126	100	131	103	113	96
Plant, Property, & Equipment, net	8,499	6,896	6,826	6,771	6,731	6,688	6,607	6,493	6,518	6,521
Total Noncurrent Assets	957	2,489	2,645	2,661	2,574	3,066	3,093	3,425	3,403	3,535
Goodwill	251	245	452	445	340	330	318	311	280	273
Noncurrent Deferred & Refundable Income Taxes	-	0.00	-	-	-	501	484	479	463	508
Other Noncurrent Operating Assets	706	2,244	2,193	2,216	2,234	2,236	2,291	2,635	2,659	2,754
Total Liabilities & Shareholders' Equity	11,779	13,415	13,724	13,784	13,336	13,996	13,471	13,290	14,111	12,978
Total Liabilities	13,376	15,055	15,340	15,291	15,045	15,097	14,417	14,192	15,177	13,947
Total Current Liabilities	1,635	1,811	1,371	1,346	1,514	2,200	2,633	2,601	2,743	1,540
Short-Term Debt	546	548	143	41	112	710	1,291	1,291	1,239	41
Accounts Payable	139	197	183	178	188	208	176	201	213	205
Accrued Expenses	163	193	181	181	248	212	211	152	286	251
Customer Deposits	436	506	491	498	517	543	490	489	538	509
Current Employee Benefit Liabilities	171	187	126	157	187	213	155	179	185	229
Other Taxes Payable	34	45	118	142	138	173	184	151	157	172
Other Current Nonoperating Liabilities	145	136	129	148	124	142	126	139	124	133
Total Noncurrent Liabilities	11,741	13,244	13,969	13,945	13,531	12,897	11,784	11,591	12,434	12,407
Long-Term Debt	11,570	11,569	12,107	12,101	11,679	11,029	9,920	9,739	10,548	10,500
Other Noncurrent Operating Liabilities	171	1,675	1,863	1,843	1,853	1,868	1,864	1,851	1,886	1,907
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-1,597	-1,640	-1,616	-1,507	-1,709	-1,101	-946	-902	-1,065	-969
Total Preferred & Common Equity	-763	-751	-717	-630	-822	-251	-137	-110	-281	-224
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-763	-751	-717	-630	-822	-251	-137	-110	-281	-224
Common Stock	3,586	3,585	3,606	3,621	3,635	3,648	3,658	3,673	3,687	3,700
Retained Earnings	-2,744	-2,712	-2,699	-2,623	-2,768	-2,067	-1,951	-1,867	-1,927	-1,677
Treasury Stock	-1,615	-1,624	-1,635	-1,636	-1,695	-1,836	-1,849	-1,919	-2,037	-2,242
Accumulated Other Comprehensive Income / (Loss)	10	-0.40	10	7.92	6.22	3.41	4.83	2.21	-4.41	-5.70
Noncontrolling Interest	-834	-890	-899	-877	-887	-850	-809	-792	-784	-744

This table displays calculated financial ratios and metrics derived from Wynn Resorts' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-24.99%	6.62%	39.68%	10.67%	-1.59%	-68.30%	79.58%	-0.18%	73.87%	9.13%
EBITDA Growth	-34.91%	-3.24%	52.68%	-19.69%	24.01%	-129.93%	172.68%	91.38%	148.99%	18.87%
EBIT Growth	-43.96%	-17.07%	65.94%	-32.42%	35.37%	-236.66%	66.54%	80.62%	1,207.34%	37.83%
NOPAT Growth	-49.56%	-20.77%	229.79%	15.32%	-71.01%	-253.96%	67.98%	74.48%	3,367.71%	-51.09%
Net Income Growth	-70.76%	7.44%	194.00%	-9.69%	-61.23%	-847.31%	56.51%	29.90%	210.27%	-18.22%
EPS Growth	-73.26%	23.96%	205.88%	-26.51%	-78.50%	-1,784.35%	65.72%	43.83%	269.44%	-31.17%
Operating Cash Flow Growth	-47.85%	69.44%	93.35%	-48.76%	-6.28%	-219.02%	79.24%	67.98%	1,850.87%	14.29%
Free Cash Flow Firm Growth	-711.64%	75.60%	715.45%	-70.14%	-104.24%	-715.64%	101.61%	58,083.59%	31.52%	-59.10%
Invested Capital Growth	34.90%	11.38%	-0.74%	18.45%	6.41%	-7.07%	-3.11%	-20.07%	1.41%	3.18%
Revenue Q/Q Growth	-4.48%	5.67%	7.86%	0.98%	-0.51%	-31.58%	10.45%	-0.98%	14.67%	-0.02%
EBITDA Q/Q Growth	-5.99%	14.69%	5.50%	-5.03%	2.89%	-659.38%	13.84%	60.36%	22.04%	-1.01%
EBIT Q/Q Growth	-7.21%	13.06%	9.47%	-10.01%	1.37%	-50.95%	11.79%	75.23%	47.68%	0.56%
NOPAT Q/Q Growth	-8.01%	-10.07%	92.38%	9.57%	-63.72%	-49.00%	15.61%	67.05%	465.59%	-41.50%
Net Income Q/Q Growth	-13.36%	7.76%	88.46%	-3.42%	-63.12%	-14.40%	5.05%	23.91%	3,215.78%	-41.37%
EPS Q/Q Growth	-10.70%	12.80%	101.11%	-5.64%	-81.72%	-10.56%	13.32%	32.30%	10,433.33%	-48.52%
Operating Cash Flow Q/Q Growth	21.95%	6.87%	19.74%	-12.35%	-27.54%	-62.51%	56.20%	55.12%	40.48%	2.72%
Free Cash Flow Firm Q/Q Growth	10.41%	23.24%	88.65%	25.04%	-103.23%	-193.48%	100.93%	1,558.11%	-11.76%	-31.58%
Invested Capital Q/Q Growth	6.70%	3.94%	3.84%	3.99%	0.67%	1.71%	-1.26%	-20.19%	6.49%	0.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	41.51%	42.87%	38.71%	39.07%	38.15%	13.75%	31.24%	36.57%	43.28%	43.44%
EBITDA Margin	25.75%	23.37%	25.54%	18.54%	23.36%	-22.05%	8.92%	17.11%	24.50%	26.69%
Operating Margin	16.16%	12.00%	17.39%	10.95%	13.29%	-58.78%	-10.48%	-2.68%	12.86%	15.89%
EBIT Margin	17.35%	13.49%	16.03%	9.79%	13.47%	-58.05%	-10.82%	-2.10%	13.38%	16.90%
Profit (Net Income) Margin	6.91%	6.96%	14.65%	11.95%	4.71%	-111.03%	-26.89%	-18.88%	11.98%	8.97%
Tax Burden Percent	97.33%	97.38%	158.72%	262.67%	63.78%	132.04%	100.05%	101.33%	274.09%	99.43%
Interest Burden Percent	40.91%	52.96%	57.58%	46.49%	54.84%	144.85%	248.46%	887.14%	32.66%	53.42%
Effective Tax Rate	2.67%	2.62%	-58.72%	-162.67%	36.22%	0.00%	0.00%	0.00%	-174.09%	0.57%
Return on Invested Capital (ROIC)	10.62%	6.93%	21.76%	23.06%	5.97%	-9.25%	-3.12%	-0.90%	32.87%	15.71%
ROIC Less NNEP Spread (ROIC-NNEP)	4.54%	4.07%	10.58%	6.77%	2.74%	-25.66%	-10.76%	-7.95%	14.72%	9.78%
Return on Net Nonoperating Assets (RNNOA)	231.10%	209.33%	111.34%	32.45%	12.58%	-569.48%	131.75%	58.19%	-89.94%	-77.54%
Return on Equity (ROE)	241.72%	216.26%	133.10%	55.52%	18.56%	-578.73%	128.63%	57.29%	-57.07%	-61.82%
Cash Return on Invested Capital (CROIC)	-19.10%	-3.84%	22.50%	6.18%	-0.23%	-1.92%	0.03%	21.41%	31.47%	12.58%
Operating Return on Assets (OROA)	7.24%	5.23%	7.90%	5.08%	6.57%	-8.77%	-3.08%	-0.61%	6.38%	8.93%
Return on Assets (ROA)	2.88%	2.70%	7.22%	6.20%	2.30%	-16.78%	-7.67%	-5.47%	5.71%	4.74%
Return on Common Equity (ROCE)	-146.06%	35.54%	110.15%	57.22%	20.88%	-1,001.10%	46.30%	22.33%	-20.86%	-14.21%
Return on Equity Simple (ROE_SIMPLE)	-251.41%	191.50%	93.82%	39.48%	17.86%	661.07%	471.97%	94.48%	-311.17%	-285.38%
Net Operating Profit after Tax (NOPAT)	641	508	1,675	1,932	560	-862	-276	-70	2,303	1,126
NOPAT Margin	15.73%	11.69%	27.60%	28.76%	8.47%	-41.15%	-7.34%	-1.88%	35.26%	15.80%
Net Nonoperating Expense Percent (NNEP)	6.07%	2.86%	11.18%	16.29%	3.23%	16.41%	7.64%	7.05%	18.15%	5.93%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-0.67%	21.65%	11.76%
Cost of Revenue to Revenue	58.49%	57.13%	61.29%	60.93%	61.85%	86.25%	68.76%	63.43%	56.72%	56.56%
SG&A Expenses to Revenue	11.40%	12.61%	11.29%	11.33%	13.56%	34.39%	21.17%	22.11%	16.30%	15.16%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.34%	30.87%	21.32%	28.12%	24.86%	72.54%	41.72%	39.25%	30.42%	27.55%
Earnings before Interest and Taxes (EBIT)	707	586	973	658	890	-1,217	-407	-79	874	1,204
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,050	1,015	1,550	1,245	1,544	-462	336	643	1,601	1,903
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	50.81	16.94	5.00	8.35	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	180.90	19.49	5.61	9.11	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.54	1.85	2.65	1.51	2.20	5.71	2.57	2.44	1.56	1.33
Price to Earnings (P/E)	32.07	33.16	21.49	17.75	118.30	0.00	0.00	0.00	13.94	18.88
Dividend Yield	4.86%	2.54%	1.28%	2.94%	2.77%	3.60%	0.00%	0.00%	0.83%	1.16%
Earnings Yield	3.12%	3.02%	4.65%	5.63%	0.85%	0.00%	0.00%	0.00%	7.17%	5.30%
Enterprise Value to Invested Capital (EV/IC)	1.90	2.01	2.96	1.89	2.32	2.36	2.12	2.41	2.46	2.31
Enterprise Value to Revenue (EV/Rev)	3.24	3.57	3.74	2.55	3.39	10.10	4.91	4.46	2.66	2.36
Enterprise Value to EBITDA (EV/EBITDA)	12.59	15.26	14.63	13.78	14.51	0.00	54.97	26.05	10.84	8.85
Enterprise Value to EBIT (EV/EBIT)	18.69	26.42	23.31	26.08	25.16	0.00	0.00	0.00	19.85	13.98
Enterprise Value to NOPAT (EV/NOPAT)	20.61	30.50	13.54	8.88	39.99	0.00	0.00	0.00	7.53	14.95
Enterprise Value to Operating Cash Flow (EV/OCF)	23.07	15.97	12.09	17.84	24.86	0.00	0.00	0.00	13.90	11.80
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	13.10	33.16	0.00	0.00	6,408.32	9.99	7.87	18.67
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	418.84	39.26	8.93	5.19	6.75	-17.72	-14.27	-7.39	-10.66	-10.88
Long-Term Debt to Equity	418.84	39.26	8.87	5.19	6.54	-16.91	-14.21	-7.05	-10.02	-10.84
Financial Leverage	50.86	51.42	10.52	4.79	4.59	22.19	-12.24	-7.32	-6.11	-7.93
Leverage Ratio	83.81	80.12	18.44	8.95	8.07	34.50	-16.78	-10.48	-10.00	-13.03
Compound Leverage Factor	34.28	42.44	10.61	4.16	4.43	49.97	-41.69	-92.94	-3.27	-6.96
Debt to Total Capital	99.76%	97.52%	89.93%	83.85%	87.10%	105.98%	107.53%	115.66%	110.35%	110.12%
Short-Term Debt to Total Capital	0.00%	0.00%	0.59%	0.11%	2.71%	4.84%	0.45%	5.23%	6.67%	0.43%
Long-Term Debt to Total Capital	99.76%	97.52%	89.34%	83.74%	84.38%	101.14%	107.08%	110.43%	103.68%	109.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.46%	0.96%	1.22%	-1.95%	-1.69%	-3.13%	-5.60%	-8.49%	-7.99%	-7.78%
Common Equity to Total Capital	-1.22%	1.52%	8.85%	18.10%	14.59%	-2.86%	-1.93%	-7.17%	-2.36%	-2.34%
Debt to EBITDA	8.72	9.97	6.21	7.57	6.74	-28.27	35.53	18.85	7.33	5.54
Net Debt to EBITDA	6.50	7.26	4.19	5.79	5.21	-20.74	28.01	13.16	5.01	4.27
Long-Term Debt to EBITDA	8.72	9.97	6.17	7.56	6.53	-26.98	35.38	18.00	6.89	5.52
Debt to NOPAT	14.27	19.93	5.75	4.88	18.57	-15.15	-43.21	-171.94	5.10	9.36
Net Debt to NOPAT	10.63	14.51	3.88	3.73	14.37	-11.11	-34.06	-120.07	3.48	7.21
Long-Term Debt to NOPAT	14.27	19.93	5.71	4.87	17.99	-14.46	-43.03	-164.17	4.79	9.32
Altman Z-Score	1.14	1.11	1.77	1.37	1.54	0.37	0.52	0.54	1.05	1.21
Noncontrolling Interest Sharing Ratio	160.43%	83.57%	17.25%	-3.07%	-12.54%	-72.98%	64.00%	61.02%	63.44%	77.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.26	2.11	1.77	1.40	1.44	2.03	2.23	2.22	1.93	1.90
Quick Ratio	2.15	2.01	1.66	1.32	1.36	1.96	2.11	2.13	1.85	1.79
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,154	-281	1,732	517	-22	-179	2.88	1,676	2,205	902
Operating Cash Flow to CapEx	30.40%	79.42%	205.07%	67.63%	84.80%	-396.66%	-77.72%	-23.86%	282.56%	388.06%
Free Cash Flow to Firm to Interest Expense	-2.70	-0.97	3.90	1.36	-0.05	-0.32	0.00	2.58	2.89	1.30
Operating Cash Flow to Interest Expense	1.34	3.35	4.23	2.52	2.11	-1.91	-0.37	-0.11	1.63	2.06
Operating Cash Flow Less CapEx to Interest Expense	-3.07	-0.87	2.17	-1.21	-0.38	-2.39	-0.84	-0.57	1.06	1.53
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.42	0.39	0.49	0.52	0.49	0.15	0.29	0.29	0.48	0.53
Accounts Receivable Turnover	19.14	21.36	27.40	26.83	21.22	7.67	18.84	18.08	23.42	21.41
Inventory Turnover	32.50	29.90	45.60	59.20	52.71	23.35	37.99	34.03	50.87	53.28
Fixed Asset Turnover	0.61	0.55	0.72	0.75	0.70	0.22	0.42	0.48	0.96	1.08
Accounts Payable Turnover	8.35	8.77	12.74	13.48	14.00	8.80	16.23	12.95	18.26	19.50
Days Sales Outstanding (DSO)	19.07	17.09	13.32	13.60	17.20	47.59	19.38	20.18	15.58	17.04
Days Inventory Outstanding (DIO)	11.23	12.21	8.00	6.17	6.92	15.63	9.61	10.73	7.18	6.85
Days Payable Outstanding (DPO)	43.72	41.63	28.64	27.08	26.08	41.49	22.50	28.19	19.99	18.71
Cash Conversion Cycle (CCC)	-13.42	-12.34	-7.32	-7.31	-1.95	21.74	6.49	2.73	2.77	5.18
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,937	7,727	7,670	9,084	9,667	8,983	8,704	6,957	7,055	7,279
Invested Capital Turnover	0.67	0.59	0.79	0.80	0.71	0.22	0.43	0.48	0.93	0.99
Increase / (Decrease) in Invested Capital	1,795	789	-57	1,415	582	-684	-279	-1,747	98	225
Enterprise Value (EV)	13,215	15,496	22,687	17,152	22,399	21,176	18,464	16,744	17,343	16,833
Market Capitalization	6,264	8,025	16,059	10,163	14,549	11,977	9,679	9,172	10,179	9,462
Book Value per Share	($1.10)	$1.55	$9.22	$18.71	$16.24	($3.26)	($1.85)	($6.63)	($2.23)	($2.04)
Tangible Book Value per Share	($2.20)	$0.44	$8.02	$16.66	$14.87	($5.84)	($4.51)	($8.79)	($5.14)	($4.53)
Total Capital	9,172	10,383	10,707	11,238	11,945	12,328	11,098	10,476	10,637	9,573
Total Debt	9,150	10,125	9,629	9,423	10,404	13,066	11,935	12,117	11,738	10,542
Total Long-Term Debt	9,150	10,125	9,566	9,411	10,080	12,469	11,885	11,569	11,029	10,500
Net Debt	6,817	7,371	6,497	7,208	8,052	9,584	9,407	8,462	8,014	8,116
Capital Expenditures (CapEx)	1,884	1,222	915	1,422	1,063	270	286	299	442	368
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-800	-1,052	-1,415	-1,444	-1,155	-953	-889	-890	-974	-1,003
Debt-free Net Working Capital (DFNWC)	1,396	1,574	1,556	771	1,197	2,529	1,638	2,766	2,751	1,423
Net Working Capital (NWC)	1,396	1,574	1,493	759	873	1,932	1,588	2,218	2,041	1,382
Net Nonoperating Expense (NNE)	360	206	786	1,129	249	1,465	736	639	1,521	487
Net Nonoperating Obligations (NNO)	6,915	7,469	6,591	7,270	8,125	9,720	9,540	8,597	8,156	8,248
Total Depreciation and Amortization (D&A)	342	429	577	588	654	754	743	722	727	698
Debt-free, Cash-free Net Working Capital to Revenue	-19.62%	-24.22%	-23.31%	-21.49%	-17.46%	-45.49%	-23.63%	-23.68%	-14.91%	-14.07%
Debt-free Net Working Capital to Revenue	34.24%	36.22%	25.64%	11.48%	18.11%	120.65%	43.52%	73.62%	42.11%	19.97%
Net Working Capital to Revenue	34.24%	36.22%	24.60%	11.30%	13.21%	92.19%	42.19%	59.04%	31.25%	19.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.93	$2.39	$7.32	$5.37	$1.15	($19.37)	($6.64)	($3.73)	$6.49	$4.56
Adjusted Weighted Average Basic Shares Outstanding	101.16M	101.45M	102.07M	106.53M	106.75M	106.75M	113.76M	113.62M	112.52M	109.97M
Adjusted Diluted Earnings per Share	$1.92	$2.38	$7.28	$5.35	$1.15	($19.37)	($6.64)	($3.73)	$6.32	$4.35
Adjusted Weighted Average Diluted Shares Outstanding	101.67M	101.86M	102.60M	107.03M	106.99M	106.75M	113.76M	113.62M	112.86M	110.27M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	101.75M	101.93M	103.02M	107.64M	107.52M	115.62M	115.90M	113.69M	112.08M	106.40M
Normalized Net Operating Profit after Tax (NOPAT)	727	712	778	595	638	-811	-236	23	753	1,349
Normalized NOPAT Margin	17.84%	16.39%	12.82%	8.85%	9.65%	-38.68%	-6.27%	0.62%	11.52%	18.93%
Pre Tax Income Margin	7.10%	7.15%	9.23%	4.55%	7.38%	-84.08%	-26.88%	-18.63%	4.37%	9.03%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.66	2.03	2.19	1.72	2.09	-2.17	-0.67	-0.12	1.14	1.74
NOPAT to Interest Expense	1.50	1.76	3.77	5.06	1.31	-1.54	-0.45	-0.11	3.01	1.63
EBIT Less CapEx to Interest Expense	-2.76	-2.20	0.13	-2.00	-0.40	-2.65	-1.14	-0.58	0.57	1.21
NOPAT Less CapEx to Interest Expense	-2.91	-2.47	1.71	1.34	-1.18	-2.02	-0.93	-0.57	2.44	1.10
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	177.29%	107.53%	37.36%	108.97%	184.43%	-6.39%	-2.54%	-4.11%	13.72%	24.47%
Augmented Payout Ratio	179.84%	112.17%	39.36%	128.84%	205.94%	-6.88%	-3.91%	-30.55%	40.88%	87.28%

This table displays calculated financial ratios and metrics derived from Wynn Resorts' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-10.55%	-3.58%	49.34%	75.59%	87.92%	83.14%	30.85%	8.59%	1.28%	-0.09%
EBITDA Growth	47.23%	344.89%	280.77%	320.74%	50.23%	92.62%	54.80%	4.05%	59.01%	-3.24%
EBIT Growth	49.07%	223.12%	257.86%	565.01%	132.95%	213.31%	110.13%	4.36%	841.99%	1.63%
NOPAT Growth	36.66%	193.93%	235.19%	764.97%	218.12%	1,352.73%	263.12%	5.62%	-240.59%	-58.27%
Net Income Growth	15.53%	86.92%	100.45%	159.90%	41.99%	2,406.68%	15,301.22%	14.42%	95.51%	-58.34%
EPS Growth	12.41%	117.88%	98.74%	173.68%	18.90%	2,318.52%	6,600.00%	8.33%	71.84%	-62.79%
Operating Cash Flow Growth	-55.76%	1,519.80%	244.39%	1,001.63%	6,149.97%	439.75%	85.91%	-2.35%	1.27%	8.54%
Free Cash Flow Firm Growth	248.39%	785.50%	742.18%	892.93%	3,355.65%	-49.86%	-93.80%	-114.33%	-131.33%	-78.44%
Invested Capital Growth	-1.12%	-20.07%	-20.64%	-20.96%	-23.99%	1.41%	3.02%	8.05%	9.17%	3.18%
Revenue Q/Q Growth	-2.10%	12.95%	41.67%	12.09%	4.77%	10.08%	1.22%	-6.98%	-2.29%	8.59%
EBITDA Q/Q Growth	20.01%	136.89%	8.78%	36.05%	-57.15%	203.72%	-12.58%	-8.55%	-34.52%	84.82%
EBIT Q/Q Growth	20.72%	375.46%	22.44%	73.90%	-94.38%	2,519.59%	-17.88%	-13.63%	-49.30%	182.62%
NOPAT Q/Q Growth	-1.85%	287.22%	29.27%	169.78%	-81.91%	2,202.46%	-67.69%	-21.53%	-124.08%	783.34%
Net Income Q/Q Growth	2.64%	83.86%	103.42%	11,054.89%	-194.29%	741.92%	-77.19%	-17.12%	-103.70%	6,053.09%
EPS Q/Q Growth	-11.40%	121.26%	-107.41%	4,300.00%	-222.62%	733.98%	-80.09%	-30.00%	-131.87%	937.93%
Operating Cash Flow Q/Q Growth	111.01%	1,752.84%	107.29%	113.14%	-23.65%	60.01%	-28.60%	11.95%	-20.82%	71.50%
Free Cash Flow Firm Q/Q Growth	-70.14%	2,839.65%	3.91%	8.88%	3.91%	-57.34%	-87.16%	-351.84%	-127.13%	129.36%
Invested Capital Q/Q Growth	0.76%	-20.19%	-0.63%	-1.09%	-3.11%	6.49%	0.95%	3.73%	-2.11%	0.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.31%	36.28%	42.50%	43.56%	42.59%	44.28%	44.47%	43.35%	42.18%	43.65%
EBITDA Margin	14.81%	31.06%	23.85%	28.95%	11.84%	32.67%	28.21%	27.74%	18.59%	31.64%
Operating Margin	-5.96%	9.87%	11.91%	15.69%	3.74%	19.44%	19.48%	15.56%	7.87%	19.95%
EBIT Margin	-5.40%	13.16%	11.38%	17.65%	0.95%	22.52%	18.27%	16.96%	8.80%	22.90%
Profit (Net Income) Margin	-23.35%	-3.34%	0.08%	8.01%	-7.21%	42.04%	9.47%	8.44%	-0.32%	17.53%
Tax Burden Percent	100.67%	122.16%	52.96%	96.74%	97.77%	282.02%	89.82%	94.85%	-46.23%	114.73%
Interest Burden Percent	429.86%	-20.76%	1.34%	46.92%	-779.38%	66.21%	57.75%	52.47%	7.86%	66.72%
Effective Tax Rate	0.00%	0.00%	47.04%	3.26%	0.00%	-182.02%	10.18%	5.15%	146.23%	-14.73%
Return on Invested Capital (ROIC)	-1.80%	3.32%	3.41%	9.63%	1.95%	51.11%	17.38%	14.75%	-3.74%	22.77%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.54%	2.18%	2.44%	8.39%	0.18%	48.30%	15.58%	13.43%	-3.07%	21.57%
Return on Net Nonoperating Assets (RNNOA)	31.85%	-15.96%	-16.84%	-53.46%	-1.03%	-295.18%	-100.91%	-92.76%	18.39%	-170.93%
Return on Equity (ROE)	30.04%	-12.65%	-13.43%	-43.83%	0.91%	-244.08%	-83.53%	-78.01%	14.65%	-148.17%
Cash Return on Invested Capital (CROIC)	-1.31%	21.41%	24.48%	27.62%	32.57%	31.47%	26.42%	21.06%	19.02%	12.58%
Operating Return on Assets (OROA)	-1.68%	3.81%	3.71%	6.78%	0.43%	10.73%	9.37%	8.91%	4.57%	12.10%
Return on Assets (ROA)	-7.27%	-0.97%	0.03%	3.08%	-3.27%	20.04%	4.86%	4.43%	-0.17%	9.27%
Return on Common Equity (ROCE)	11.20%	-4.93%	-5.34%	-18.85%	0.44%	-89.23%	-27.85%	-23.96%	5.82%	-34.05%
Return on Equity Simple (ROE_SIMPLE)	122.16%	0.00%	63.23%	17.83%	3.06%	0.00%	-699.20%	-888.70%	-387.75%	0.00%
Net Operating Profit after Tax (NOPAT)	-37	69	90	242	44	1,009	326	256	-62	421
NOPAT Margin	-4.17%	6.91%	6.31%	15.18%	2.62%	54.82%	17.50%	14.76%	-3.64%	22.89%
Net Nonoperating Expense Percent (NNEP)	1.73%	1.14%	0.97%	1.24%	1.76%	2.81%	1.80%	1.32%	-0.68%	1.20%
Return On Investment Capital (ROIC_SIMPLE)	-	0.66%	-	-	-	9.48%	-	-	-	4.40%
Cost of Revenue to Revenue	62.69%	63.72%	57.50%	56.44%	57.41%	55.72%	55.53%	56.65%	57.82%	56.35%
SG&A Expenses to Revenue	22.62%	23.09%	18.25%	16.12%	16.06%	15.19%	14.58%	15.28%	16.05%	14.81%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	43.27%	26.41%	30.59%	27.87%	38.85%	24.85%	24.99%	27.79%	34.31%	23.70%
Earnings before Interest and Taxes (EBIT)	-48	132	162	282	16	414	340	294	149	421
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	132	312	340	462	198	601	526	481	315	582
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.86	2.44	2.96	2.41	1.83	1.56	1.65	1.41	1.49	1.33
Price to Earnings (P/E)	0.00	0.00	0.00	1,684.97	313.16	13.94	13.32	11.51	11.16	18.88
Dividend Yield	0.00%	0.00%	0.00%	0.24%	0.55%	0.83%	0.98%	1.12%	1.04%	1.16%
Earnings Yield	0.00%	0.00%	0.00%	0.06%	0.32%	7.17%	7.51%	8.69%	8.96%	5.30%
Enterprise Value to Invested Capital (EV/IC)	1.88	2.41	2.90	2.80	2.68	2.46	2.61	2.35	2.49	2.31
Enterprise Value to Revenue (EV/Rev)	4.32	4.46	4.74	3.90	3.11	2.66	2.67	2.44	2.53	2.36
Enterprise Value to EBITDA (EV/EBITDA)	40.88	26.05	22.42	15.40	13.52	10.84	10.42	9.61	9.38	8.85
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	107.86	36.33	29.98	19.85	17.69	16.31	15.06	13.98
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	174.73	58.77	43.56	7.53	9.02	8.48	9.37	14.95
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	92.87	31.08	19.96	13.90	13.36	12.53	12.99	11.80
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.99	10.47	8.96	7.10	7.87	10.04	11.59	13.68	18.67
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-7.59	-7.39	-7.58	-8.06	-6.90	-10.66	-11.85	-12.23	-11.06	-10.88
Long-Term Debt to Equity	-7.25	-7.05	-7.49	-8.03	-6.83	-10.02	-10.48	-10.80	-9.90	-10.84
Financial Leverage	-9.01	-7.32	-6.90	-6.38	-5.64	-6.11	-6.48	-6.91	-5.99	-7.93
Leverage Ratio	-11.14	-10.48	-9.78	-8.87	-7.60	-10.00	-10.61	-11.24	-9.89	-13.03
Compound Leverage Factor	-47.88	2.18	-0.13	-4.16	59.21	-6.62	-6.13	-5.90	-0.78	-8.70
Debt to Total Capital	115.18%	115.66%	115.20%	114.17%	116.95%	110.35%	109.22%	108.91%	109.94%	110.12%
Short-Term Debt to Total Capital	5.19%	5.23%	1.35%	0.39%	1.11%	6.67%	12.58%	12.75%	11.56%	0.43%
Long-Term Debt to Total Capital	109.99%	110.43%	113.85%	113.78%	115.84%	103.68%	96.64%	96.16%	98.38%	109.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-7.93%	-8.49%	-8.45%	-8.25%	-8.80%	-7.99%	-7.89%	-7.82%	-7.31%	-7.78%
Common Equity to Total Capital	-7.25%	-7.17%	-6.75%	-5.93%	-8.15%	-2.36%	-1.33%	-1.08%	-2.62%	-2.34%
Debt to EBITDA	30.23	18.85	13.72	9.75	8.99	7.33	6.28	6.11	6.13	5.54
Net Debt to EBITDA	25.36	13.16	9.41	6.58	6.26	5.01	4.45	4.52	4.25	4.27
Long-Term Debt to EBITDA	28.86	18.00	13.55	9.72	8.90	6.89	5.55	5.39	5.49	5.52
Debt to NOPAT	-56.66	-171.94	106.90	37.22	28.96	5.10	5.43	5.39	6.12	9.36
Net Debt to NOPAT	-47.55	-120.07	73.31	25.12	20.16	3.48	3.85	3.98	4.25	7.21
Long-Term Debt to NOPAT	-54.10	-164.17	105.65	37.09	28.68	4.79	4.81	4.76	5.48	9.32
Altman Z-Score	0.37	0.59	0.81	0.88	0.78	0.94	0.98	0.90	0.89	1.01
Noncontrolling Interest Sharing Ratio	62.71%	61.02%	60.20%	56.98%	52.06%	63.44%	66.66%	69.28%	60.24%	77.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.42	2.22	3.10	3.23	2.66	1.93	1.43	1.30	1.53	1.90
Quick Ratio	1.32	2.13	2.97	3.10	2.53	1.85	1.35	1.23	1.02	1.79
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	62	1,816	1,887	2,055	2,135	911	117	-294	-669	196
Operating Cash Flow to CapEx	5.09%	315.82%	136.46%	398.73%	241.67%	391.62%	323.25%	381.07%	368.28%	471.34%
Free Cash Flow to Firm to Interest Expense	0.37	10.17	9.44	10.61	11.50	4.92	0.64	-1.69	-3.98	1.19
Operating Cash Flow to Interest Expense	0.03	0.46	0.85	1.87	1.49	2.39	1.71	2.02	1.66	2.91
Operating Cash Flow Less CapEx to Interest Expense	-0.50	0.31	0.23	1.40	0.87	1.78	1.18	1.49	1.21	2.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.31	0.29	0.33	0.38	0.45	0.48	0.51	0.53	0.52	0.53
Accounts Receivable Turnover	17.57	18.08	20.40	23.62	24.80	23.42	26.58	25.97	22.34	21.41
Inventory Turnover	37.36	34.03	36.53	41.66	46.30	50.87	54.88	55.91	53.41	53.28
Fixed Asset Turnover	0.44	0.48	0.55	0.64	0.75	0.96	1.04	1.07	1.08	1.08
Accounts Payable Turnover	16.83	12.95	14.84	17.56	20.30	18.26	21.80	21.11	20.06	19.50
Days Sales Outstanding (DSO)	20.78	20.18	17.89	15.46	14.72	15.58	13.73	14.06	16.34	17.04
Days Inventory Outstanding (DIO)	9.77	10.73	9.99	8.76	7.88	7.18	6.65	6.53	6.83	6.85
Days Payable Outstanding (DPO)	21.69	28.19	24.60	20.79	17.98	19.99	16.74	17.29	18.20	18.71
Cash Conversion Cycle (CCC)	8.86	2.73	3.28	3.43	4.62	2.77	3.64	3.29	4.97	5.18
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,716	6,957	6,913	6,838	6,625	7,055	7,122	7,388	7,232	7,279
Invested Capital Turnover	0.43	0.48	0.54	0.63	0.74	0.93	0.99	1.00	1.03	0.99
Increase / (Decrease) in Invested Capital	-99	-1,747	-1,798	-1,813	-2,091	98	209	550	607	225
Enterprise Value (EV)	16,388	16,744	20,022	19,173	17,735	17,343	18,612	17,357	18,031	16,833
Market Capitalization	7,054	9,172	12,520	11,854	10,412	10,179	11,479	9,997	10,642	9,462
Book Value per Share	($6.71)	($6.63)	($6.31)	($5.54)	($7.21)	($2.23)	($1.23)	($0.98)	($2.54)	($2.04)
Tangible Book Value per Share	($8.92)	($8.79)	($10.28)	($9.45)	($10.20)	($5.14)	($4.10)	($3.75)	($5.06)	($4.53)
Total Capital	10,520	10,476	10,634	10,636	10,082	10,637	10,265	10,129	10,721	9,573
Total Debt	12,117	12,117	12,250	12,143	11,791	11,738	11,212	11,031	11,787	10,542
Total Long-Term Debt	11,570	11,569	12,107	12,101	11,679	11,029	9,920	9,739	10,548	10,500
Net Debt	10,168	8,462	8,401	8,197	8,210	8,014	7,943	8,151	8,173	8,116
Capital Expenditures (CapEx)	87	26	124	91	114	113	97	93	76	102
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-714	-890	-824	-899	-952	-974	-840	-817	-927	-1,003
Debt-free Net Working Capital (DFNWC)	1,234	2,766	3,026	3,047	2,629	2,751	2,429	2,063	2,686	1,423
Net Working Capital (NWC)	688	2,218	2,882	3,006	2,517	2,041	1,138	771	1,447	1,382
Net Nonoperating Expense (NNE)	171	103	89	114	164	235	149	110	-56	99
Net Nonoperating Obligations (NNO)	10,313	8,597	8,530	8,345	8,334	8,156	8,069	8,290	8,298	8,248
Total Depreciation and Amortization (D&A)	180	180	178	180	182	187	185	187	166	161
Debt-free, Cash-free Net Working Capital to Revenue	-18.82%	-23.68%	-19.48%	-18.30%	-16.70%	-14.91%	-12.04%	-11.49%	-13.00%	-14.07%
Debt-free Net Working Capital to Revenue	32.54%	73.62%	71.57%	62.00%	46.16%	42.11%	34.85%	29.02%	37.68%	19.97%
Net Working Capital to Revenue	18.14%	59.04%	68.19%	61.16%	44.19%	31.25%	16.32%	10.85%	20.30%	19.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.27)	$0.27	$0.11	$0.93	($1.03)	$6.48	$1.30	$1.01	($0.29)	$2.54
Adjusted Weighted Average Basic Shares Outstanding	112.71M	113.62M	112.75M	112.89M	112.80M	112.52M	111.02M	110.94M	109.73M	109.97M
Adjusted Diluted Earnings per Share	($1.27)	$0.27	($0.02)	$0.84	($1.03)	$6.53	$1.30	$0.91	($0.29)	$2.43
Adjusted Weighted Average Diluted Shares Outstanding	112.71M	113.62M	113.12M	113.20M	112.80M	112.86M	111.33M	111.18M	109.73M	110.27M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	113.31M	113.69M	113.80M	113.94M	112.95M	112.08M	112.07M	110.99M	109.81M	106.40M
Normalized Net Operating Profit after Tax (NOPAT)	-29	66	93	259	110	331	343	294	95	371
Normalized NOPAT Margin	-3.29%	6.56%	6.56%	16.24%	6.59%	17.98%	18.41%	16.97%	5.61%	20.16%
Pre Tax Income Margin	-23.20%	-2.73%	0.15%	8.28%	-7.37%	14.91%	10.55%	8.90%	0.69%	15.28%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.29	0.74	0.81	1.45	0.09	2.24	1.85	1.68	0.89	2.56
NOPAT to Interest Expense	-0.22	0.39	0.45	1.25	0.24	5.45	1.77	1.47	-0.37	2.56
EBIT Less CapEx to Interest Expense	-0.82	0.60	0.19	0.99	-0.53	1.63	1.32	1.15	0.44	1.94
NOPAT Less CapEx to Interest Expense	-0.75	0.24	-0.17	0.78	-0.38	4.85	1.24	0.93	-0.82	1.94
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-3.84%	-4.11%	-5.16%	-43.64%	-314.75%	13.72%	14.26%	15.21%	14.42%	24.47%
Augmented Payout Ratio	-23.30%	-30.55%	-46.31%	-88.40%	-632.99%	40.88%	36.51%	44.01%	45.55%	87.28%

Frequently Asked Questions About Wynn Resorts' Financials

When does Wynn Resorts's financial year end?

According to the most recent income statement we have on file, Wynn Resorts' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Wynn Resorts' net income changed over the last 9 years?

Wynn Resorts' net income appears to be on an upward trend, with a most recent value of $639.72 million in 2024, rising from $281.52 million in 2015. The previous period was $782.22 million in 2023.

What is Wynn Resorts's operating income?

Wynn Resorts's total operating income in 2024 was $1.13 billion, based on the following breakdown:

Total Gross Profit: $3.10 billion
Total Operating Expenses: $1.96 billion

How has Wynn Resorts revenue changed over the last 9 years?

Over the last 9 years, Wynn Resorts' total revenue changed from $4.08 billion in 2015 to $7.13 billion in 2024, a change of 74.9%.

How much debt does Wynn Resorts have?

Wynn Resorts' total liabilities were at $13.95 billion at the end of 2024, a 7.6% decrease from 2023, and a 33.6% increase since 2015.

How much cash does Wynn Resorts have?

In the past 9 years, Wynn Resorts' cash and equivalents has ranged from $2.08 billion in 2015 to $3.65 billion in 2022, and is currently $2.43 billion as of their latest financial filing in 2024.

How has Wynn Resorts' book value per share changed over the last 9 years?

Over the last 9 years, Wynn Resorts' book value per share changed from -1.10 in 2015 to -2.04 in 2024, a change of 85.2%.

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This page (NASDAQ:WYNN) was last updated on 4/14/2025 by MarketBeat.com Staff

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Wynn Resorts (WYNN) Financials

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Wynn Resorts (WYNN) Financials

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