WYNN Financials Wynn Resorts

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 27.8% per year over the past 5 years.
Operating margin has expanded, at 15.7% in the latest year.

Financial health

Total debt ($10.5B) exceeds cash ($1.5B); net debt is $9.1B.
Total debt has grown slower than revenue (-4.2% vs 27.8% per year).
Operating income covered interest expense 1.8× in the latest year.
Total debt is 6.1× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 53.4% of earnings and 25.2% of free cash flow.
The dividend has grown 9.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

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	FCF	Total debt	Cash
2025	$7.1B	$327M	0.0%	15.7%	$692M	$10.5B	$1.5B
2024	$7.1B	$501M	0.0%	15.9%	$1.0B	$10.5B	$2.4B
2023	$6.5B	$730M	0.0%	12.9%	$805M	$11.7B	$2.9B
2022	$3.8B	-$424M	0.0%	-2.7%	-$371M	$12.1B	$3.7B
2021	$3.8B	-$756M	0.0%	-10.5%	-$513M	$11.9B	$2.5B
2020	$2.1B	-$2.1B	0.0%	-58.8%	-$1.4B	$13.1B	$3.5B
2019	$6.6B	$123M	0.0%	13.3%	-$162M	$10.4B	$2.4B
2018	$6.7B	$572M	0.0%	10.9%	-$514M	$9.4B	$2.2B
2017	$6.1B	$747M	0.0%	17.4%	$941M	$9.6B	$2.8B
2016	—	$242M	—	—	-$255M	$10.1B	$2.5B
2015	—	$195M	—	—	-$1.3B	$9.1B	$2.1B
2014	—	$732M	—	—	-$123M	$7.3B	$2.2B
2013	—	$729M	—	—	$1.2B	$6.6B	$2.1B
2012	—	$502M	—	—	$945M	$5.8B	$2.2B
2011	—	$613M	—	—	$1.3B	$3.2B	$1.3B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

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	FCF	Total debt	Cash
Mar '26	$1.9B	$120M	0.0%	15.2%	-$26M	$10.5B	$1.2B
Dec '25	$1.9B	$100M	0.0%	14.7%	$307M	$10.5B	$1.5B
Sep '25	$1.8B	$88M	0.0%	16.9%	$172M	$10.6B	$1.5B
Jun '25	$1.7B	$66M	0.0%	15.2%	$240M	$10.5B	$2.0B
Mar '25	$1.7B	$73M	0.0%	15.8%	-$26M	$10.6B	$2.1B
Dec '24	$1.8B	$277M	0.0%	20.0%	$352M	$10.5B	$2.4B
Sep '24	$1.7B	-$32M	0.0%	7.9%	$178M	$11.8B	$2.4B
Jun '24	$1.7B	$112M	0.0%	15.6%	$259M	$11.0B	$2.4B
Mar '24	$1.9B	$144M	0.0%	19.5%	$217M	$11.2B	$2.4B
Dec '23	$1.8B	$729M	0.0%	19.4%	$328M	$11.7B	$2.9B
Sep '23	$1.7B	-$117M	0.0%	3.7%	$162M	$11.8B	$2.8B
Jun '23	$1.6B	$105M	0.0%	15.7%	$270M	$12.1B	$3.7B
Mar '23	$1.4B	$12M	0.0%	11.9%	$45M	$12.3B	$3.8B
Dec '22	$1.0B	$32M	0.0%	9.9%	$55M	$12.1B	$3.7B
Sep '22	$890M	-$143M	0.0%	-6.0%	-$83M	$12.1B	$1.9B
Jun '22	$909M	-$130M	0.0%	-5.7%	-$130M	$11.9B	$2.0B
Mar '22	$953M	-$183M	0.0%	-10.0%	-$214M	$11.9B	$2.3B
Dec '21	$1.0B	-$177M	0.0%	-10.1%	-$83M	$11.9B	$2.5B
Sep '21	$995M	-$166M	0.0%	-8.4%	-$93M	$11.7B	$2.5B
Jun '21	$990M	-$131M	0.0%	-3.0%	-$43M	$11.9B	$2.8B

Valuation over time

How the market has priced WYNN 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 13.4× (Jan '24) to 31.5× (Jun '26).
The price-to-sales ratio has fallen from 3.1× (Mar '23) to 1.4× (Jun '26).
The dividend yield has risen from 0.0% (Mar '23) to 1.7% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is WYNN growing its revenue and profit?

Over the past 5 years, Wynn Resorts's revenue has grown 27.8% per year. These are computed facts, not advice.

How much debt does WYNN have?

As of FY2025, Wynn Resorts reported $10.5B of total debt against $1.5B of cash; operating income covered interest expense 1.8×.

What is WYNN's profit margin?

In FY2025, gross margin was —, operating margin 15.7%, and net margin 4.6%.

What is WYNN's P/E ratio?

As of Jun '26, Wynn Resorts traded at a price-to-earnings ratio of about 31.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.