Wynn Resorts Limited (WYNN)

Operating profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Operating income (ttm) US$ in thousands 1,132,731 1,123,561 1,052,919 1,033,597 840,171 581,654 466,068 163,704 -100,676 -305,508 -336,181 -313,674 -394,541 -467,528 -666,871 -1,160,366 -1,232,045 -826,856 -366,014 375,718
Revenue (ttm) US$ in thousands 7,372,650 6,666,970 6,588,390 6,448,030 6,041,540 5,159,544 4,442,929 3,766,258 3,310,708 3,379,932 3,498,822 3,587,922 3,358,884 3,004,247 2,352,118 1,472,938 1,656,562 2,608,751 3,887,865 5,432,936
Operating profit margin 15.36% 16.85% 15.98% 16.03% 13.91% 11.27% 10.49% 4.35% -3.04% -9.04% -9.61% -8.74% -11.75% -15.56% -28.35% -78.78% -74.37% -31.70% -9.41% 6.92%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,132,731K ÷ $7,372,650K
= 15.36%

Wynn Resorts Limited's operating profit margin experienced significant fluctuations over the past few years. It started at a positive 6.92% in March 2020 but then declined sharply to negative figures, reaching its lowest point at -78.78% in March 2021. The company saw a gradual improvement in its operating profit margin starting from March 2022, where it showed a slight recovery at -8.74%.

By the end of December 2024, Wynn Resorts Limited managed to increase its operating profit margin to 15.36%, showing a positive trend in profitability. Overall, the company's operating profit margin trended positively from 2022 to 2024, indicating potential improvements in operational efficiency and cost management strategies.