Wynn Resorts Limited (WYNN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 76.28% | 73.29% | 71.39% | 70.98% | 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% |
| 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% |
| Pretax margin | 6.85% | 7.48% | 5.99% | 5.96% | 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% |
| Net profit margin | 6.80% | 14.30% | 13.18% | 13.37% | 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% |
The profitability ratios of Wynn Resorts Limited have shown significant fluctuations over the years. The gross profit margin has been volatile, declining sharply in late 2020 but gradually recovering and reaching a healthy level above 70% by the end of 2024, indicating improvements in the company's cost management and revenue generation.
The operating profit margin reflects the company's ability to control operating expenses and generate profits from its core business operations. After facing negative margins in 2020, the company gradually improved its operational efficiency, with margins returning to positive territory by early 2023 and maintaining a stable level around 15% thereafter.
The pretax margin, which indicates the company's profitability before taxes, also exhibits a similar trend of improvement over the years. After significant losses in 2020 and 2021, the company managed to turn around its operations and achieve positive margins by early 2023, with further improvements seen in the following periods.
The net profit margin, representing the percentage of revenue that translates into profit after all expenses have been deducted, shows a similar pattern of recovery. Despite facing substantial losses in 2020 and 2021, the company's profitability steadily improved post-2022, gradually reaching double-digit margins by the end of 2024.
Overall, the analysis of Wynn Resorts Limited profitability ratios demonstrates the company's resilience in overcoming challenging times and its ability to enhance profitability through strategic measures and operational efficiency improvements.
Return on investment
| 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 return on assets (Operating ROA) | 8.73% | 7.96% | 7.92% | 7.67% | 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% |
| Return on assets (ROA) | 3.86% | 6.76% | 6.54% | 6.40% | 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% |
| Return on total capital | 11.30% | 11.77% | 11.68% | 11.55% | 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% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -1,401.42% | -832.83% | — | — | -180.15% | -30.91% |
Wynn Resorts Limited Profitability Ratios Analysis:
1. Operating Return on Assets (Operating ROA):
- The Operating ROA for Wynn Resorts has shown a positive trend over the past few quarters, starting at 2.63% in March 2020 and gradually increasing to 8.73% by December 2024. This indicates an improvement in the company's operating efficiency and ability to generate profits from its assets.
2. Return on Assets (ROA):
- The ROA, which includes all earnings, not just operating income, also displays an upward trajectory for Wynn Resorts. Starting at negative figures in 2020, it has steadily risen to 3.86% by December 2024. This suggests that the company has been able to turn its total assets into profits more effectively over time.
3. Return on Total Capital:
- The Return on Total Capital, reflecting how efficiently the company is using its capital to generate profits, has shown a consistent improvement from negative percentages in 2020 to 11.30% by December 2024. This signifies enhanced capital utilization and overall financial performance.
4. Return on Equity (ROE):
- The ROE for Wynn Resorts has not been provided for most of the quarters, except for negative values in 2020 and 2021. The absence of ROE data for recent quarters makes it challenging to evaluate the company's profitability from an equity standpoint.
5. Overall Assessment:
- Wynn Resorts has made significant progress in enhancing its profitability ratios, especially in terms of ROA and Return on Total Capital. The positive trends indicate improved operational efficiency and effective utilization of assets and capital to generate returns. However, the absence of recent ROE data necessitates a closer examination of the company's equity performance to provide a comprehensive profitability analysis.