Red Rock Resorts, Inc. (RRR) vs Wynn Resorts, Limited (WYNN)

Red Rock Resorts, Inc. and Wynn Resorts, Limited are both Resorts & Casinos companies. Wynn Resorts, Limited is the larger, with a market value of $8.4B against $5.4B — 1.5× the size. Red Rock Resorts, Inc. trades at the lower P/E: 17.5× against 18.6×. Wynn Resorts, Limited grew revenue faster over the last twelve months: 6.36% against 0.86%. Red Rock Resorts, Inc. has the higher net margin (8.43% vs 6.06%) and the lower return on invested capital (9.19% vs 9.44%). Both pay a dividend; Red Rock Resorts, Inc. yields more (3.24% vs 0.91%). Across the 21 metrics below, Red Rock Resorts, Inc. leads on 11 and Wynn Resorts, Limited on 10.

Valuation

Metric RRR WYNN Resorts & Casinos median
P/E 17.50 18.56 18.52
P/S 1.47 1.12 0.54
P/B 10.07 n/m 2.13
Price to free cash flow 15.19 10.38 13.62
EV/EBITDA 8.33 9.18 9.18
EV/Sales 3.20 2.29 1.80
Earnings yield 5.71% 5.39% 1.69%
Free cash flow yield 6.58% 9.63% 6.51%

Profitability

Metric RRR WYNN Resorts & Casinos median
Gross margin 62.13% 40.70% 50.85%
Operating margin 27.67% 15.72% 10.41%
Net margin 8.43% 6.06% 1.28%
Free cash flow margin 9.65% 10.81% 4.23%
Return on equity 57.37% (42.45%) 5.28%
Return on assets 4.02% 3.47% 0.57%
Return on invested capital 9.19% 9.44% 5.61%

Growth

Metric RRR WYNN Resorts & Casinos median
Revenue growth (TTM) 0.86% 6.36% 2.76%
EPS growth (last fiscal year) 23.32% (27.82%) —
Revenue growth, 5-year CAGR 11.21% 27.77% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric RRR WYNN Resorts & Casinos median
Debt to equity 12.39 (11.83) 1.94
Current ratio 0.68 0.91 0.91
Net debt to EBITDA 4.13 4.77 3.08

Dividend

Metric RRR WYNN Resorts & Casinos median
Dividend yield 3.24% 0.91% 1.27%
Payout ratio 0.27 0.00 0.00

Size

Metric RRR WYNN Resorts & Casinos median
Market cap 5.42b 8.35b 2.43b

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