Wynn Resorts, Limited

WYNN Consumer Cyclical Resorts & Casinos

Wynn Resorts, Limited’s revenue for fiscal 2025 (year ended December 2025) was $7.1 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 6.86%, EPS grew 114.1%, free cash flow grew 41.6% and total debt rose 1.71%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for three.

74.56 0.35 +0.47%
Market cap
$7.6B
P/E
17.1×
Fwd P/E
16.9×
Dividend yield
1.34%
F-score
5/9
Altman Z
1.30
Beneish M
−2.54
Dividend safety
53/100

Wynn Resorts, Limited (WYNN) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by products and services, and margins
Casino 4,410 61.79%
Rooms 1,141 15.99%
Food and beverage 1,038 14.54%
Entertainment, retail and other 549 7.69%
Gross margin 41.43%
Operating margin 15.67%
Pre-tax margin 7.20%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017
Casino 4,410 4,261 3,718 1,633 2,133 1,237 4,574 4,785 4,244
Rooms 1,141 1,242 1,186 802 593 308 804 752 671
Food and beverage 1,038 1,069 1,029 846 634 330 819 754 732
Entertainment, retail and other 549 555 599 476 404 221 414 427 423
Revenue 7,138 7,128 6,532 3,757 3,764 2,096 6,611 6,718 6,070

Gross profit by product or service $m, and margin

Revenue by segment $m

Line FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012
Total Macau Operations 1,509 980 4,614 5,052 4,367 2,706 2,463 3,797 4,041 3,667
Las Vegas Operations 1,504 748 1,633 1,666 1,703 1,640 1,613 1,637 1,580 1,487
Encore Boston Harbor 692 362 364 0 0 — — — — —
Wynn Interactive 59 6 — — — — — — — —
Revenue 3,764 2,096 6,611 6,718 6,070 4,346 4,076 5,434 5,621 5,154

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
ADR Q1 FY2026 $230.00 $222.00 +3.60%
Average number of slot machines Q2 FY2026 721.00 627.00 +14.99%
Average number of table games Q2 FY2026 287.00 249.00 +15.26%
Average number of table games Q2 FY2026 47.00 52.00 −9.62%
Average number of table games Q2 FY2026 10.00 21.00 −52.38%
REVPAR Q1 FY2026 $228.00 $218.00 +4.59%
Slot machine handle Q1 FY2026 $860.5M $734.9M +17.10%
Slot machine win Q1 FY2026 $35.5M $29.4M +20.78%
Slot machine win per unit per day Q1 FY2026 $544.00 $502.00 +8.37%
Table drop Q1 FY2026 $2.0B — —
Table games win Q1 FY2026 $523.8M $422.4M +24.01%
Table games win per unit per day Q1 FY2026 $21,182.00 $18,968.00 +11.67%
Table games win per unit per day Q1 FY2026 $29,739.00 $21,096.00 +40.97%
VIP table games win Q1 FY2026 $2.3M $15.7M −85.50%
VIP table games win Q1 FY2026 $134.2M $104.5M +28.42%
VIP turnover Q1 FY2026 $585.9M $1.4B −59.23%
VIP turnover Q1 FY2026 $4.3B $4.0B +7.77%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.