Wynn Resorts Limited (WYNN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 504,760 | 233,160 | -414,524 | -755,312 | -1,502,570 |
| Revenue | US$ in thousands | 7,372,660 | 6,041,540 | 3,310,710 | 3,369,780 | 1,656,560 |
| Pretax margin | 6.85% | 3.86% | -12.52% | -22.41% | -90.70% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $504,760K ÷ $7,372,660K
= 6.85%
Wynn Resorts Limited's pretax margin, a key indicator of profitability, illustrates the company's earnings before taxes relative to its total revenue. Over the period from December 31, 2020, to December 31, 2024, the pretax margin experienced fluctuations. Starting at a substantial negative margin of -90.70% in 2020, it improved significantly each year, demonstrating a notable recovery trend. By the end of the period, the pretax margin had turned positive, reaching 6.85% at December 31, 2024. This indicates an enhancement in the company's operational efficiency and ability to generate profits after covering operating costs but before accounting for taxes.
Peer comparison
Dec 31, 2024