Wynn Resorts Limited (WYNN)
Return on equity (ROE)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 501,078 | 953,262 | 868,637 | 861,878 | 729,994 | 33,249 | 7,035 | -228,200 | -423,856 | -633,457 | -656,814 | -658,132 | -755,786 | -848,098 | -1,439,991 | -1,946,186 | -2,067,245 | -1,870,685 | -1,116,039 | -383,924 |
Total stockholders’ equity | US$ in thousands | -224,161 | -281,402 | -109,824 | -136,953 | -251,382 | -821,764 | -630,253 | -717,434 | -750,838 | -763,153 | -609,362 | -337,040 | -214,418 | -53,238 | 102,752 | 233,683 | -351,997 | -128,703 | 619,519 | 1,242,090 |
ROE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -1,401.42% | -832.83% | — | — | -180.15% | -30.91% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $501,078K ÷ $-224,161K
= —
Wynn Resorts Limited has shown a fluctuating and mostly negative trend in its return on equity (ROE) in recent periods. The ROE was reported at -30.91% as of March 31, 2020, indicating that the company generated a net loss in that period relative to its equity. The ROE worsened significantly to -180.15% by June 30, 2020, which suggests a substantial decline in profitability and/or an increase in equity.
From September 2020 to June 2021, the ROE remained negative, hitting its lowest point at -1,401.42% on June 30, 2021. Such a steep negative ROE may indicate a severe drop in the company's profitability compared to its equity base.
Additionally, the ROE data for the subsequent periods are not provided, indicating that there might be missing or unavailable financial information. However, the negative trend in ROE up to June 2021 signals that the company faced challenges in generating profits relative to its shareholders' equity during this timeframe.
It is crucial for investors and stakeholders to closely monitor Wynn Resorts Limited's financial performance and profitability metrics to assess its ability to leverage equity effectively and create value for its shareholders.
Peer comparison
Dec 31, 2024