Wynn Resorts Limited (WYNN)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 69.28% | 64.95% | 62.78% | 57.71% | 52.47% | 53.66% | 55.37% | 56.04% | 54.46% | 50.60% | 38.20% | 2.09% | 9.98% | 40.92% | 58.41% | 69.49% | 73.73% | 59.24% | 46.14% | 33.39% |
| Operating profit margin | 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% | 14.21% | 14.20% | 15.52% | 16.34% |
| Pretax margin | 3.86% | 0.81% | 0.45% | -5.81% | -12.52% | -18.70% | -18.74% | -18.31% | -22.49% | -28.13% | -43.83% | -98.91% | -90.70% | -44.05% | -20.12% | -2.45% | 4.85% | 4.86% | 6.81% | 7.58% |
| Net profit margin | 12.08% | 0.64% | 0.16% | -6.06% | -12.80% | -18.74% | -18.77% | -18.34% | -22.50% | -28.23% | -61.22% | -132.13% | -124.79% | -71.71% | -28.71% | -7.07% | 1.99% | 10.45% | 12.59% | 13.44% |
Wynn Resorts Ltd.'s profitability ratios have shown a positive trend over the past quarters. The gross profit margin has been steadily increasing, indicating that the company has been able to improve its profitability on sales over time. The operating profit margin has also experienced a significant improvement, reaching 14.31% in Q4 2023 from negative figures in the previous quarters. This suggests that the company has been effective in controlling its operating expenses and generating operating income.
Furthermore, the pretax margin has turned positive in Q4 2023, showcasing the company's ability to generate profits before accounting for taxes. The net profit margin has also shown improvement, with a notable increase to 11.18% in Q4 2023. This implies that Wynn Resorts Ltd. has been successful in managing its expenses and generating profits for its shareholders after all expenses have been accounted for.
Overall, Wynn Resorts Ltd.'s profitability ratios reflect a positive trend, indicating an improvement in the company's financial performance and operational efficiency.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.00% | 4.36% | 3.38% | 1.19% | -0.75% | -2.59% | -2.85% | -2.58% | -3.15% | -3.71% | -5.12% | -8.81% | -8.88% | -5.92% | -2.46% | 2.63% | 6.33% | 6.76% | 7.68% | 8.15% |
| Return on assets (ROA) | 5.22% | 0.25% | 0.05% | -1.66% | -3.16% | -5.38% | -5.57% | -5.40% | -6.03% | -6.73% | -11.06% | -14.78% | -14.90% | -13.39% | -7.50% | -2.69% | 0.89% | 4.98% | 6.23% | 6.70% |
| Return on total capital | 9.14% | 7.25% | 6.47% | 4.10% | 2.18% | -0.07% | -0.43% | -0.45% | -1.28% | -2.08% | -4.04% | -7.31% | -7.81% | -5.06% | -2.23% | 2.56% | 6.04% | 6.25% | 7.39% | 7.79% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | -1,401.42% | -832.83% | — | — | -180.15% | -30.91% | 7.06% | 34.44% | 40.00% | 42.42% |
Based on the provided data, Wynn Resorts Ltd.'s profitability ratios have shown a positive trend over the quarters analyzed.
1. Operating Return on Assets (Operating ROA) has been improving steadily, increasing from -2.11% in Q4 2022 to 6.68% in Q4 2023. This indicates that the company's operating income generated from its assets has been increasing.
2. Return on Assets (ROA) has also shown improvement, moving from -3.16% in Q4 2022 to 5.22% in Q4 2023. This signifies that the company's overall profitability in relation to its total assets has been on an upward trajectory.
3. Return on Total Capital has followed a similar pattern, rising from -2.49% in Q4 2022 to 8.14% in Q4 2023. This metric reflects the company's ability to generate returns from both its equity and debt capital.
4. Unfortunately, the data does not provide information on Return on Equity (ROE) for a comprehensive analysis. ROE is a key measure for assessing a company's profitability from the perspective of its shareholders.
Overall, the improving trend seen in Wynn Resorts Ltd.'s profitability ratios suggests positive developments in the company's operational efficiency and overall financial performance over the analyzed quarters. However, a more detailed analysis, including ROE data, would provide a more complete picture of the company's profitability.