Red Rock Resorts Inc. | Mid-cap | Consumer Cyclical
$55.73
-3.04%
| Red Rock Resorts Stock Comparison:
Red Rock Resorts vs Las Vegas SandsRed Rock Resorts vs Wynn ResortsRed Rock Resorts vs MGM ResortsRed Rock Resorts vs Boyd GamingRed Rock Resorts vs Vail ResortsRed Rock Resorts vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 497.9M
Gross Profit 311.5M 62.56%
Operating Income 158.4M 31.82%
Net Income 86.0M 17.26%
EPS (Diluted) $0.75

Balance Sheet Metrics

Total Assets 4.1B
Total Liabilities 3.7B
Shareholders Equity 369.6M
Debt to Equity 10.05

Cash Flow Metrics

Operating Cash Flow 143.4M
Free Cash Flow 58.0M

Revenue & Profitability Trend

Red Rock Resorts Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 1.9B 1.7B 1.7B 1.6B 1.2B
Cost of Goods Sold i 744.2M 626.4M 588.7M 552.5M 501.3M
Gross Profit i 1.2B 1.1B 1.1B 1.1B 681.1M
Gross Margin % i 61.6% 63.7% 64.6% 65.9% 57.6%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 432.3M 374.5M 353.0M 347.1M 324.6M
Other Operating Expenses i - - - - -
Total Operating Expenses i 432.3M 374.5M 353.0M 347.1M 324.6M
Operating Income i 575.4M 590.7M 593.7M 560.5M 125.1M
Operating Margin % i 29.7% 34.3% 35.7% 34.6% 10.6%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i 228.8M 181.0M 129.9M 103.2M 128.5M
Other Non-Operating Income -18.4M -28.9M -28.9M -171.8M -57.1M
Pre-tax Income i 328.2M 380.8M 434.9M 285.5M -60.5M
Income Tax i 36.9M 43.0M 44.5M -69.3M 114.1M
Effective Tax Rate % i 11.2% 11.3% 10.2% -24.3% 0.0%
Net Income i 291.3M 337.8M 390.4M 354.8M -174.5M
Net Margin % i 15.0% 19.6% 23.5% 21.9% -14.8%
Key Metrics
EBITDA i 764.2M 723.2M 725.5M 719.0M 357.3M
EPS (Basic) i $2.61 $3.04 $3.48 $3.50 $-2.13
EPS (Diluted) i $2.53 $2.94 $3.36 $2.84 $-2.13
Basic Shares Outstanding i 59025000 57875000 58976000 69071000 70542000
Diluted Shares Outstanding i 59025000 57875000 58976000 69071000 70542000

Income Statement Trend

Red Rock Resorts Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 164.4M 137.6M 117.3M 275.3M 121.2M
Short-term Investments i - - - - -
Accounts Receivable i 64.4M 61.9M 43.6M 36.7M 35.1M
Inventory i 16.4M 15.3M 13.2M 11.7M 13.1M
Other Current Assets 22.5M 28.2M 24.0M 20.4M 13.8M
Total Current Assets i 295.4M 282.3M 221.0M 378.5M 224.7M
Non-Current Assets
Property, Plant & Equipment i 0 0 0 0 0
Goodwill i 472.6M 474.2M 475.7M 478.5M 492.2M
Intangible Assets i 81.2M 82.8M 84.4M 87.2M 100.8M
Long-term Investments - - - - -
Other Non-Current Assets 223.6M 170.9M 200.7M 232.0M 94.6M
Total Non-Current Assets i 3.8B 3.7B 3.1B 2.8B 3.5B
Total Assets i 4.0B 4.0B 3.3B 3.1B 3.7B
Liabilities
Current Liabilities
Accounts Payable i 31.8M 25.4M 11.4M 17.5M 11.2M
Short-term Debt i 59.4M 32.2M 30.9M 28.9M 25.8M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - 11.8M
Total Current Liabilities i 325.2M 349.2M 293.2M 204.8M 200.3M
Non-Current Liabilities
Long-term Debt i 3.4B 3.3B 3.0B 2.8B 2.9B
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities 39.9M 39.3M 39.6M 30.7M 28.5M
Total Non-Current Liabilities i 3.4B 3.4B 3.0B 2.9B 2.9B
Total Liabilities i 3.7B 3.7B 3.3B 3.1B 3.1B
Equity
Common Stock i 597.0K 590.0K 581.0K 615.0K 713.0K
Retained Earnings i 195.8M 160.9M 43.2M 3.9M -33.1M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 306.8M 243.9M 32.2M 50.0M 604.6M
Key Metrics
Total Debt i 3.4B 3.3B 3.0B 2.9B 2.9B
Working Capital i -29.8M -66.9M -72.3M 173.7M 24.4M

Balance Sheet Composition

Red Rock Resorts Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 291.3M 337.8M 390.4M 354.8M -174.5M
Depreciation & Amortization i 187.1M 132.5M 128.4M 157.8M 231.4M
Stock-Based Compensation i 30.9M 19.7M 17.5M 12.7M 10.9M
Working Capital Changes i 7.7M -26.8M -16.6M -8.4M 5.4M
Operating Cash Flow i 518.4M 510.4M 540.1M 449.4M 196.7M
Investing Activities
Capital Expenditures i -15.0M -2.1M -232.8M -4.6M 0
Acquisitions i - - - - -
Investment Purchases i - 0 0 -13.5M -14.0M
Investment Sales i - - - - -
Investing Cash Flow i -37.9M 45.7M -113.6M 647.6M -11.1M
Financing Activities
Share Repurchases i -3.9M 0 -141.5M -500.2M 0
Dividends Paid i -118.4M -58.6M -116.7M -203.8M -7.3M
Debt Issuance i 500.0M 0 0 500.0M 750.0M
Debt Repayment i -2.4B -138.8M -172.8M -1.2B -1.9B
Financing Cash Flow i -2.6B 41.0M -462.8M -1.7B -2.1B
Free Cash Flow i 249.4M -207.3M -19.1M 544.0M 154.3M
Net Change in Cash i -2.2B 597.1M -36.3M -615.1M -1.9B

Cash Flow Trend

Red Rock Resorts Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 19.65
Forward P/E 23.50
Price to Book 16.61
Price to Sales 3.06
PEG Ratio 0.33

Profitability Ratios

Profit Margin 8.89%
Operating Margin 32.69%
Return on Equity 129.06%
Return on Assets 9.41%

Financial Health

Current Ratio 0.89
Debt to Equity 1,149.62
Beta 1.47

Per Share Data

EPS (TTM) $2.93
Book Value per Share $3.47
Revenue per Share $33.64

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
rrr 6.1B 19.65 16.61 129.06% 8.89% 1,149.62
Las Vegas Sands 36.6B 26.40 18.04 54.15% 12.16% 693.25
Wynn Resorts 12.8B 36.36 -10.57 -51.73% 5.51% -10.07
MGM Resorts 9.0B 18.10 3.03 21.79% 3.14% 844.04
Boyd Gaming 6.7B 12.94 4.83 36.23% 14.02% 305.14
Vail Resorts 5.7B 20.54 13.07 33.50% 9.45% 456.85

Financial data is updated regularly. All figures are in the company's reporting currency.