Wynn Resorts Limited (WYNN)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 12,978,000 | 13,996,200 | 13,415,100 | 12,530,800 | 13,869,500 |
| Operating ROA | 8.73% | 6.00% | -0.75% | -3.15% | -8.88% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,132,730K ÷ $12,978,000K
= 8.73%
Based on the data provided, Wynn Resorts Limited's Operating Return on Assets (Operating ROA) has experienced significant fluctuations over the past five years. The trend shows a gradual improvement, starting from a negative 8.88% as of December 31, 2020, and gradually increasing to positive figures by December 31, 2023, and December 31, 2024, at 6.00% and 8.73%, respectively.
The negative Operating ROA figures in the initial years indicate that the company was not efficiently generating operating income relative to its total assets, thus indicating operational inefficiencies or financial challenges. However, the subsequent positive Operating ROA figures suggest that Wynn Resorts has made progress in utilizing its assets more effectively to generate operating profits.
The increasing trend in Operating ROA over the years implies that the company's operational performance has improved, indicating potential enhancements in management strategies, cost controls, revenue generation, or asset utilization efficiency.
It is essential for stakeholders and investors to continue monitoring Wynn Resorts Limited's Operating ROA to evaluate the company's operational efficiency and profitability in utilizing its assets effectively for sustained growth and financial success.
Peer comparison
Dec 31, 2024