Wynn Resorts Limited (WYNN)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,132,730 | 984,669 | 236,361 | -149,750 | -946,100 |
| Long-term debt | US$ in thousands | 10,500,500 | 11,028,700 | 11,569,300 | 11,884,500 | 12,469,400 |
| Total stockholders’ equity | US$ in thousands | -224,161 | -251,382 | -750,838 | -214,418 | -351,997 |
| Return on total capital | 11.02% | 9.14% | 2.18% | -1.28% | -7.81% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,132,730K ÷ ($10,500,500K + $-224,161K)
= 11.02%
The return on total capital for Wynn Resorts Limited has shown a positive trend over the years, starting at a negative 7.81% as of December 31, 2020, and steadily improving to reach 11.02% by December 31, 2024. This indicates that the company has been able to generate a higher return on the capital invested in its operations over time, reflecting improved efficiency and profitability. The consistent increase in return on total capital suggests that Wynn Resorts Limited has successfully utilized its capital resources to generate higher profits for its stakeholders, potentially indicating effective management and strategic decision-making.
Peer comparison
Dec 31, 2024