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.