12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 11.2% per year over the past 5 years.
Operating margin has expanded, at 29.7% in the latest year.
Free cash flow has grown 13.5% per year over the past 5 years.
Financial health
Total debt ($3.4B) exceeds cash ($142M); net debt is $3.3B.
Total debt has grown slower than revenue (3.2% vs 11.2% per year).
Operating income covered interest expense 3.0× in the latest year, up from 0.7× 5 years ago.
Total debt is 4.3× EBITDA.
Shareholder returns
Dividends have been paid for 10 consecutive years, consuming 34.0% of earnings and 41.6% of free cash flow.
The dividend has grown 75.3% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$2.0B
$356M
0.0%
29.7%
170.7%
8.5%
$291M
$3.4B
$142M
2024
$1.9B
$291M
0.0%
29.3%
135.4%
7.2%
$264M
$3.4B
$164M
2023
$1.7B
$338M
0.0%
32.4%
200.1%
8.5%
-$205M
$3.3B
$138M
2022
$1.7B
$390M
0.0%
33.7%
891.5%
11.7%
$214M
$3.0B
$117M
2021
$1.6B
$355M
0.0%
24.8%
596.4%
11.3%
$549M
$2.9B
$275M
2020
$1.2B
-$150M
0.0%
7.5%
-42.7%
-4.0%
$154M
$2.9B
$121M
2019
$1.9B
-$3M
0.0%
10.0%
-0.7%
-0.1%
-$37M
$3.0B
$129M
2018
$1.7B
$158M
0.0%
22.1%
30.3%
3.9%
-$233M
$2.9B
$115M
2017
$1.6B
$35M
0.0%
20.2%
9.4%
1.0%
$42M
$2.6B
$231M
2016
—
$92M
—
—
26.3%
2.6%
$184M
$2.4B
$134M
2015
—
$138M
—
—
24.9%
4.7%
$220M
$2.2B
$117M
2014
—
$101M
—
—
—
—
$167M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$510M
$39M
0.0%
26.7%
22.9%
0.9%
$18M
$3.6B
$136M
Mar '26
$507M
$43M
0.0%
28.3%
30.1%
1.0%
$23M
$3.5B
$134M
Dec '25
$512M
$45M
0.0%
28.1%
21.4%
1.1%
$78M
$3.4B
$142M
Sep '25
$476M
$42M
0.0%
27.6%
19.2%
1.0%
$75M
$3.4B
$130M
Jun '25
$526M
$56M
0.0%
31.9%
27.7%
1.4%
$80M
$3.4B
$145M
Mar '25
$498M
$45M
0.0%
31.0%
18.1%
1.1%
$58M
$3.4B
$151M
Dec '24
$496M
$47M
0.0%
28.7%
21.7%
1.2%
$121M
$3.4B
$164M
Sep '24
$468M
$29M
0.0%
27.9%
16.5%
0.7%
$51M
$3.4B
$117M
Jun '24
$486M
$36M
0.0%
28.8%
22.4%
0.9%
$64M
$3.4B
$136M
Mar '24
$489M
$43M
0.0%
31.8%
31.7%
1.1%
$28M
$3.4B
$130M
Dec '23
$463M
$56M
0.0%
37.2%
33.3%
1.4%
-$28M
$3.3B
$138M
Sep '23
$412M
$36M
0.0%
29.8%
28.8%
0.9%
-$35M
$3.3B
$123M
Jun '23
$416M
$40M
0.0%
30.5%
39.5%
1.1%
-$107M
$3.2B
$101M
Mar '23
$434M
$45M
0.0%
31.7%
59.5%
1.3%
-$35M
$3.1B
$108M
Dec '22
$425M
$92M
0.0%
52.1%
209.6%
2.7%
-$5M
$3.0B
$117M
Sep '22
$414M
$50M
0.0%
33.9%
153.0%
1.5%
$43M
$2.9B
$101M
Jun '22
$422M
$16M
0.0%
16.2%
114.7%
0.5%
$58M
$2.8B
$256M
Mar '22
$402M
$48M
0.0%
32.6%
55.1%
1.5%
$119M
$2.8B
$337M
Dec '21
$422M
$149M
0.0%
38.2%
249.9%
4.7%
$107M
$2.9B
$275M
Sep '21
$415M
$71M
0.0%
34.5%
20.6%
2.0%
$150M
$2.6B
$90M
Valuation over time
How the market has priced RRR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 6.7× (Mar '23) to 8.6× (Nov '26).
The price-to-sales ratio has fallen from 1.6× (Mar '23) to 1.5× (Nov '26).
The dividend yield has fallen from 4.4% (Mar '23) to 4.0% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is RRR growing its revenue and profit?
Over the past 5 years, Red Rock Resorts, Inc.'s revenue has grown 11.2% per year. These are computed facts, not advice.
How much debt does RRR have?
As of FY2025, Red Rock Resorts, Inc. reported $3.4B of total debt against $142M of cash; operating income covered interest expense 3.0×.
What is RRR's profit margin?
In FY2025, gross margin was —, operating margin 29.7%, and net margin 17.7%.
What is RRR's P/E ratio?
Red Rock Resorts, Inc.'s P/E (TTM) is 18.03 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the RRR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 8.6× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.