Red Rock Resorts (RRR) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.9B
Gross Profit
1.2B
61.62%
Operating Income
575.4M
29.67%
Net Income
291.3M
15.02%
EPS (Diluted)
$2.53
Balance Sheet Metrics
Total Assets
4.0B
Total Liabilities
3.7B
Shareholders Equity
306.8M
Debt to Equity
12.18
Cash Flow Metrics
Operating Cash Flow
518.4M
Free Cash Flow
249.4M
Revenue & Profitability Trend
Red Rock Resorts Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.9B | 1.7B | 1.7B | 1.6B | 1.2B |
| Cost of Goods Sold | 744.2M | 626.4M | 588.7M | 552.5M | 501.3M |
| Gross Profit | 1.2B | 1.1B | 1.1B | 1.1B | 681.1M |
| Operating Expenses | 432.3M | 374.5M | 353.0M | 347.1M | 324.6M |
| Operating Income | 575.4M | 590.7M | 593.7M | 560.5M | 125.1M |
| Pre-tax Income | 328.2M | 380.8M | 434.9M | 285.5M | -60.5M |
| Income Tax | 36.9M | 43.0M | 44.5M | -69.3M | 114.1M |
| Net Income | 291.3M | 337.8M | 390.4M | 354.8M | -174.5M |
| EPS (Diluted) | $2.53 | $2.94 | $3.36 | $2.84 | -$2.13 |
Income Statement Trend
Red Rock Resorts Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 295.4M | 282.3M | 221.0M | 378.5M | 224.7M |
| Non-Current Assets | 3.8B | 3.7B | 3.1B | 2.8B | 3.5B |
| Total Assets | 4.0B | 4.0B | 3.3B | 3.1B | 3.7B |
| Liabilities | |||||
| Current Liabilities | 325.2M | 349.2M | 293.2M | 204.8M | 200.3M |
| Non-Current Liabilities | 3.4B | 3.4B | 3.0B | 2.9B | 2.9B |
| Total Liabilities | 3.7B | 3.7B | 3.3B | 3.1B | 3.1B |
| Equity | |||||
| Total Shareholders Equity | 306.8M | 243.9M | 32.2M | 50.0M | 604.6M |
Balance Sheet Composition
Red Rock Resorts Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 291.3M | 337.8M | 390.4M | 354.8M | -174.5M |
| Operating Cash Flow | 518.4M | 510.4M | 540.1M | 449.4M | 196.7M |
| Investing Activities | |||||
| Capital Expenditures | -15.0M | -2.1M | -232.8M | -4.6M | 0 |
| Investing Cash Flow | -37.9M | 45.7M | -113.6M | 647.6M | -11.1M |
| Financing Activities | |||||
| Dividends Paid | -118.4M | -58.6M | -116.7M | -203.8M | -7.3M |
| Financing Cash Flow | -2.6B | 41.0M | -462.8M | -1.7B | -2.1B |
| Free Cash Flow | 249.4M | -207.3M | -19.1M | 544.0M | 154.3M |
Cash Flow Trend
Red Rock Resorts Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
21.54
Forward P/E
22.86
Price to Book
13.44
Price to Sales
2.96
PEG Ratio
22.86
Profitability Ratios
Profit Margin
8.01%
Operating Margin
31.00%
Return on Equity
107.68%
Return on Assets
8.90%
Financial Health
Current Ratio
0.92
Debt to Equity
921.45
Beta
1.63
Per Share Data
EPS (TTM)
$2.60
Book Value per Share
$4.17
Revenue per Share
$32.94
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| rrr | 5.8B | 21.54 | 13.44 | 107.68% | 8.01% | 921.45 |
| Las Vegas Sands | 35.1B | 27.72 | 12.99 | 44.69% | 11.64% | 456.68 |
| Wynn Resorts | 11.6B | 29.70 | -10.72 | -51.73% | 6.17% | -11.06 |
| Boyd Gaming | 6.7B | 13.42 | 4.97 | 35.55% | 13.96% | 311.84 |
| Caesars | 6.2B | 10.42 | 1.55 | -3.77% | -2.08% | 606.80 |
| Vail Resorts | 6.1B | 20.96 | 6.83 | 24.16% | 9.81% | 238.86 |
Financial data is updated regularly. All figures are in the company's reporting currency.