Wynn Resorts Limited (WYNN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,132,730 | 840,171 | -100,676 | -394,541 | -1,232,040 |
| Revenue | US$ in thousands | 7,372,660 | 6,041,540 | 3,310,710 | 3,369,780 | 1,656,560 |
| Operating profit margin | 15.36% | 13.91% | -3.04% | -11.71% | -74.37% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,132,730K ÷ $7,372,660K
= 15.36%
The operating profit margin of Wynn Resorts Limited has shown a significant improvement over the years based on the provided data.
As of December 31, 2020, the operating profit margin was a concerning -74.37%, indicating that the company was operating at a loss. However, by December 31, 2021, the operating profit margin improved to -11.71%, although still negative.
The trend continued to improve as of December 31, 2022, with the operating profit margin narrowing to -3.04%, indicating a reduction in operating losses. By December 31, 2023, the operating profit margin turned positive at 13.91%, marking a notable turnaround for the company.
The most recent data point, as of December 31, 2024, shows a further improvement in the operating profit margin to 15.36%, indicating that Wynn Resorts Limited has been able to effectively generate profits from its operations.
Overall, the company has made significant progress in improving its operating profit margin, demonstrating improved operational efficiency and effectiveness in managing costs and generating revenues.
Peer comparison
Dec 31, 2024