Financial Performance
5Y price score: (2)
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 24.8%
US$ Per
Share
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92.5
52-week range
134.7
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
7.7 %
Dividend Yield TTM
1 %
Market cap $
$ 10,248
Price / Earnings TTM
23.7
Price / Book TTM
(59.9)
PEG TTM
0.2
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
(15.7) %
0.6 %
24.8 %
Free cash flow per share growth
42 %
152 %
149.9 %
Earnings per share growth
106.3 %
116.2 %
63.5 %
Founded: 2,002
Employees: 28,000
Business Summary:
Latest Earnings Call Takeaways
2026 Q2 (Aug 4, 2026)
1) Financial Performance Overview
- Wynn Las Vegas reported $215 million in EBITDAR, with a 33.5% margin on $643.2 million in operating revenue. Adjusted EBITDAR would have been $219 million without low hold impacts.
- Encore Boston Harbor generated $56 million in EBITDAR, achieving a 26.8% margin on $209.3 million in revenue.
- Macau delivered $297 million in adjusted property EBITDAR on $1 billion in revenue, with a 29.6% margin, despite a negative impact of $8.6 million from unfavorable VIP hold.
- Overall, the company maintained strong cash liquidity of $4 billion globally, supporting continued capital returns to shareholders.
2) Operational Developments and Investments
- Construction on the new 432 all-suite hotel, Enclave, is set to begin by year-end, with an expected opening in 2029.
- The Event Center and Theater at Wynn Palace will also commence construction soon, with completion anticipated in 2028.
- Wynn Al Marjan Island is progressing well, with an increased budget of approximately $600 million due to regional disruptions and material cost increases, now expected to open in September 2027.
- The company is focused on enhancing customer experiences, including the recent opening of the Chairman's Club in Macau, aimed at increasing both customer dwell time and revenue.
3) Market Trends and Competitive Landscape
- In Las Vegas, the company is experiencing solid demand, particularly in the group and convention segments, with forward bookings accelerating.
- The competitive environment in Macau remains stable, with Wynn focusing on premium customers while managing operational costs effectively.
- The promotional landscape in Las Vegas has not significantly changed, with Wynn continuing to compete on product and service rather than aggressive promotions.
4) Challenges and Headwinds
- The company noted challenges from unusually low hold rates in July, impacting revenue despite solid drop and handle figures.
- Operational expenditures are rising, with Las Vegas OpEx running at $4.5 million per day, up 6.2% YoY, driven by increased business volumes and labor costs.
- Regional conflicts have caused disruptions in supply chains and increased project costs, particularly for Wynn Al Marjan Island.
5) Guidance and Future Outlook
- Wynn remains optimistic about the Las Vegas market, particularly with upcoming events like F1 weekend and strong leisure demand.
- The company expects 2026 expansionary CapEx in Macau to be in the $350 million to $400 million range, focusing on enhancing non-gaming offerings.
- Future guidance on operational costs suggests a range of $4.4 million to $4.7 million per day for Las Vegas through the rest of the year.
Bottom line: Wynn Resorts is strategically positioned for growth with strong operational performance across its properties, ongoing investments in new developments, and a solid liquidity position, despite facing some headwinds from market conditions and rising costs. Shareholders can expect continued capital returns and a focus on premium customer experiences as key drivers of future growth.
Annual Reports, Presentations And IR Contacts
Go to the websiteWynn Resorts — Financial Overview, Stock Price, Market Cap
Wynn Resorts is a company. Founded in 2002. As of August 26, 2026, the company's market capitalization is $10247928380 with a current stock price of $98.74.