Financial Snapshot

Revenue
$1.906B
TTM
Gross Margin
62.13%
TTM
Net Earnings
$163.8M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
102.22%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$239.8M
Q3 2024
Cash
Q3 2024
P/E
32.18
Nov 29, 2024 EST
Free Cash Flow
$99.97M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.724B $1.664B $1.618B $1.182B $1.857B $1.681B $1.642B $1.476B $1.352B $1.292B $1.256B $1.230B $1.178B
YoY Change 3.62% 2.84% 36.83% -36.31% 10.44% 2.37% 11.27% 9.14% 4.69% 2.83% 2.11% 4.42% 5.69%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.724B $1.664B $1.618B $1.182B $1.857B $1.681B $1.642B $1.476B $1.352B $1.292B $1.256B $1.230B $1.178B
Cost Of Revenue $626.4M $588.7M $552.5M $501.3M $949.9M $794.1M $759.3M $635.3M $582.2M $573.1M $571.1M $602.0M $595.8M
Gross Profit $1.098B $1.075B $1.065B $681.1M $906.6M $887.0M $882.9M $817.1M $769.9M $718.5M $685.1M $628.2M $582.4M
Gross Profit Margin 63.67% 64.62% 65.85% 57.6% 48.83% 52.77% 53.77% 55.37% 56.94% 55.63% 54.54% 51.06% 49.44%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $374.5M $353.0M $347.1M $324.6M $416.4M $390.5M $380.9M $327.3M $327.9M $320.1M $328.0M $308.5M $301.4M
YoY Change 6.08% 1.72% 6.91% -22.03% 6.62% 2.51% 16.38% -0.17% 2.42% -2.4% 6.32% 2.36% -2.59%
% of Gross Profit 34.12% 32.84% 32.58% 47.66% 45.92% 44.02% 43.15% 40.06% 42.58% 44.55% 47.88% 49.11% 51.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $132.5M $128.4M $157.8M $231.4M $222.2M $180.3M $178.2M $156.7M $137.9M $128.0M $134.1M $132.3M $137.7M
YoY Change 3.25% -18.65% -31.81% 4.13% 23.28% 1.14% 13.75% 13.64% 7.74% -4.58% 1.36% -3.92% -21.27%
% of Gross Profit 12.07% 11.94% 14.81% 33.97% 24.51% 20.32% 20.19% 19.17% 17.91% 17.81% 19.57% 21.06% 23.64%
Operating Expenses $507.0M $353.0M $347.1M $324.6M $416.4M $390.5M $380.9M $327.3M $327.9M $320.1M $457.0M $437.8M $439.1M
YoY Change 43.62% 1.72% 6.91% -22.03% 6.62% 2.51% 16.38% -0.17% 2.42% -29.95% 4.39% -0.3% -9.35%
Operating Profit $590.7M $561.3M $401.5M $88.59M $186.0M $372.2M $331.3M $309.7M $287.2M $237.1M $228.1M $190.4M $143.3M
YoY Change 5.23% 39.79% 353.26% -52.37% -50.03% 12.35% 6.96% 7.84% 21.15% 3.93% 19.8% 32.87% 61.19%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense -$177.9M $129.9M $103.2M $128.5M $156.7M $143.1M $131.4M $140.2M $144.5M $151.7M -$163.9M -$188.9M -$173.7M
YoY Change -236.98% 25.85% -19.66% -18.01% 9.49% 8.87% -6.24% -2.98% -4.75% -192.56% -13.23% 8.75% -66.53%
% of Operating Profit -30.12% 23.14% 25.7% 145.01% 84.24% 38.45% 39.68% 45.26% 50.31% 63.99% -71.85% -99.21% -121.21%
Other Income/Expense, Net -$181.0M -$129.9M -$119.3M -$150.1M -$196.4M -$131.0M -$134.6M -$147.4M -$144.6M -$106.9M
YoY Change 39.37% 8.88% -20.55% -23.55% 49.88% -2.64% -8.7% 1.96% 35.31%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income $380.8M $434.9M $285.5M -$60.46M -$8.471M $243.4M $198.3M $164.2M $143.4M $131.1M -$79.10M $32.50M $3.856B
YoY Change -12.45% 52.3% -572.27% 613.75% -103.48% 22.71% 20.77% 14.5% 9.37% -265.78% -343.38% -99.16% -667.78%
Income Tax $42.98M $44.53M -$69.29M $114.1M -$1.734M $23.88M $134.8M $8.243M $0.00 $0.00 -$107.9M
% Of Pretax Income 11.29% 10.24% -24.26% 9.81% 67.96% 5.02% 0.0% 0.0% -2.8%
Net Earnings $176.0M $205.5M $241.9M -$150.4M -$3.351M $157.5M $35.42M $91.95M $137.7M $100.5M -$95.00M $21.10M $3.934B
YoY Change -14.34% -15.05% -260.81% 4388.12% -102.13% 344.74% -61.48% -33.2% 36.92% -205.83% -550.24% -99.46% -700.31%
Net Earnings / Revenue 10.21% 12.35% 14.95% -12.72% -0.18% 9.37% 2.16% 6.23% 10.18% 7.78% -7.56% 1.72% 333.96%
Basic Earnings Per Share $3.04 $3.48 $3.50 -$2.13 -$0.05 $2.28 $0.53 $1.04 $1.53
Diluted Earnings Per Share $1.71 $3.36 $2.84 -$2.13 -$0.05 $1.77 $0.42 $1.03 $1.53 $2.577M -$2.436M $541.0K $100.9M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $137.6M $117.3M $275.3M $121.2M $128.8M $114.6M $231.5M $133.8M $116.4M $122.6M $133.6M
YoY Change 17.31% -57.39% 127.13% -5.9% 12.39% -50.5% 73.02% 14.95% -5.06% -8.23%
Cash & Equivalents $137.6M $117.3M $275.3M $121.2M $128.8M $114.6M $231.5M $133.8M $116.4M $122.6M $133.6M
Short-Term Investments
Other Short-Term Assets $53.08M $46.88M $105.4M $79.50M $78.40M $81.10M $48.60M $52.90M $49.60M $29.90M $34.20M
YoY Change 13.23% -55.52% 32.56% 1.4% -3.33% 66.87% -8.13% 6.65% 65.89% -12.57%
Inventory $15.26M $13.20M $11.73M $13.10M $17.80M $14.90M $12.60M $12.00M $10.30M $10.00M $8.900M
Prepaid Expenses
Receivables $61.93M $43.63M $36.74M $35.10M $56.70M $51.40M $48.70M $43.50M $35.50M $35.60M $45.80M
Other Receivables $14.44M $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K $7.700M $0.00 $0.00 $0.00
Total Short-Term Assets $282.3M $221.0M $429.1M $249.0M $281.6M $262.0M $341.6M $249.8M $211.8M $198.1M $222.6M
YoY Change 27.74% -48.5% 72.35% -11.58% 7.48% -23.3% 36.75% 17.94% 6.92% -11.01%
Property, Plant & Equipment $3.253B $2.675B $2.217B $3.103B $3.313B $3.206B $2.719B $2.602B $2.304B $2.339B $2.373B
YoY Change 21.63% 20.63% -28.54% -6.34% 3.34% 17.9% 4.52% 12.91% -1.48% -1.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $6.087M $8.200M $8.900M $8.900M $10.10M $10.60M $14.00M $19.80M $14.80M
YoY Change -25.77% -7.87% 0.0% -11.88% -4.72% -24.29% -29.29% 33.78%
Other Assets $140.4M $169.9M $204.8M $83.10M $206.2M $219.7M $225.5M $319.0M $38.70M $35.90M $90.20M
YoY Change -17.32% -17.06% 146.45% -59.7% -6.14% -2.57% -29.31% 724.29% 7.8% -60.2%
Total Long-Term Assets $3.672B $3.125B $2.711B $3.491B $3.833B $3.748B $3.279B $3.276B $2.720B $2.776B $2.876B
YoY Change 17.52% 15.25% -22.34% -8.91% 2.27% 14.31% 0.06% 20.44% -2.0% -3.48%
Total Assets $3.955B $3.346B $3.140B $3.740B $4.114B $4.010B $3.620B $3.526B $2.932B $2.974B $3.099B
YoY Change
Accounts Payable $143.7M $105.7M $17.47M $11.20M $34.00M $25.90M $21.60M $30.70M $24.30M $26.30M $17.90M
YoY Change 35.96% 505.02% 55.95% -67.06% 31.27% 19.91% -29.64% 26.34% -7.6% 46.93%
Accrued Expenses $157.6M $136.5M $130.1M $138.9M $158.4M $146.4M $193.5M $135.1M $126.0M $124.7M $123.5M
YoY Change 15.42% 4.95% -6.34% -12.31% 8.2% -24.34% 43.23% 7.22% 1.04% 0.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5.900M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $26.10M $26.06M $25.92M $22.80M $34.00M $33.90M $30.10M $46.10M $88.90M $83.90M $72.80M
YoY Change 0.17% 0.53% 13.69% -32.94% 0.29% 12.62% -34.71% -48.14% 5.96% 15.25%
Total Short-Term Liabilities $349.2M $293.2M $204.8M $200.3M $276.0M $333.7M $245.3M $246.8M $258.9M $246.9M $231.9M
YoY Change 19.09% 43.18% 2.25% -27.43% -17.29% 36.04% -0.61% -4.67% 4.86% 6.47%
Long-Term Debt $3.302B $2.959B $2.828B $2.879B $2.999B $2.822B $2.588B $2.376B $2.066B $2.062B $2.148B
YoY Change 11.59% 4.64% -1.79% -4.0% 6.3% 9.04% 8.9% 15.0% 0.23% -4.03%
Other Long-Term Liabilities $59.75M $61.54M $57.88M $55.90M $56.30M $37.40M $155.4M $269.8M $33.20M $21.40M $25.70M
YoY Change -2.91% 6.32% 3.54% -0.71% 50.53% -75.93% -42.4% 712.65% 55.14% -16.73%
Total Long-Term Liabilities $3.361B $3.020B $2.885B $2.935B $3.056B $2.859B $2.743B $2.646B $2.100B $2.083B $2.174B
YoY Change 11.3% 4.67% -1.69% -3.94% 6.88% 4.22% 3.67% 26.03% 0.8% -4.18%
Total Liabilities $3.786B $3.302B $3.081B $3.387B $3.614B $3.490B $3.241B $3.176B $2.379B $2.356B $2.443B
YoY Change 14.65% 7.18% -9.05% -6.26% 3.54% 7.67% 2.05% 33.51% 0.99% -3.57%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $5.2693 Billion

About Red Rock Resorts, Inc.

Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The company is headquartered in Las Vegas, Nevada and currently employs 9,385 full-time employees. The company went IPO on 2016-04-27. Station LLC is a gaming, development and management company that develops and operates casino and entertainment properties. Station LLC owns and operates seven gaming and entertainment facilities and ten smaller casinos. Its segments include Las Vegas operations and Native American management. The Las Vegas operations segment includes its Las Vegas area casino properties, and the Native American management segment includes its Native American management arrangements. Its casino properties are located throughout the Las Vegas valley and provide entertainment and dining options. The company also controls six gaming-entitled development sites in Las Vegas. The company offers gaming and non-gaming offerings, which include restaurants, hotels and other entertainment amenities. The company controls and operates all of the business and affairs of Station Holdco LLC (Station Holdco) and Station LLC.

Industry: Hotels & Motels Peers: Light & Wonder, Inc. Bally's Corp BOYD GAMING CORP Churchill Downs Inc DraftKings Inc. Everi Holdings Inc. GOLDEN ENTERTAINMENT, INC. LAS VEGAS SANDS CORP MONARCH CASINO & RESORT INC PENN Entertainment, Inc.