Wynn Resorts Limited (WYNN)

NASDAQ: WYNN · USD

$71.4

-1.02 (-1.4%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-15

Our latest published analysis: WYNN rated Hold

Wynn Resorts Limited's published Hold conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$76.4 / share

Potential value

$89.1 / share

Upside to FV

+3.7%

from $71.4

Moat

6.5/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$7.6B
Revenue (ttm)	7.4B
Net income (ttm)	448.9M
EPS (ttm)	$4.17
Shares out	101.5M
P/E (trailing)	17.1x
P/E (forward)	13.9x
Dividend	$1.00 (1.40%)
Volume	1,594,454
Beta	0.95

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 7.4B
Net income (ttm): 448.9M
EPS (ttm): $4.17
P/E (trailing): 17.1x
P/E (forward): 13.9x
Market cap: $7.6B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$3.76B	$3.76B	$6.53B	$7.13B	$7.14B	+17.4%
Gross profit	$1.21B	$1.37B	$2.82B	$3.10B	$2.34B	+18.0%
Operating income	$-394.5M	$-100.7M	$840.2M	$1.13B	$1.12B	—
Net income	$-755.8M	$-423.9M	$730.0M	$501.1M	$327.3M	—
EPS (diluted)	$-6.64	$-3.73	$6.32	$4.35	$3.14	—
EBITDA	$310.0M	$643.2M	$1.72B	$1.99B	$1.76B	+54.4%
R&D	—	—	—	—	—	—
SG&A	$796.6M	$830.5M	$1.07B	$1.08B	$1.12B	+8.8%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAL	American Airlines Group Inc.	8.3B	—	0.1x	3.0%	+20.0%	-6.9%	보유
ALB	Albemarle Corporation	11.4B	198.9x	1.9x	4.1%	+12.8%	+1.9%	보유
ANET	Arista Networks Inc.	235.7B	59.1x	22.4x	284.8%	+32.0%	+19.7%	매도
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	매도
AMZN	Amazon.com Inc.	2.7T	20.5x	3.5x	11.9%	+11.8%	+12.2%	매도
APTV	Aptiv PLC	9.1B	42.8x	0.4x	7.8%	+5.5%	-49.2%	매수

Base and Bull scenarios

Base55%

Price target

$76.43

+3.7% from spot

Under the Base case, which carries a probability of 55.0% and a target of $76.43 for an implied return of 3.7% against $73.73 (as of 2026-10-14), Wynn sustains solid luxury room pricing and convention bookings in Las Vegas while Macau mass table drop continues to expand. Operating margins stabilize near mid-cycle levels as non-gaming investments take effect and construction on Wynn Al Marjan Island proceeds toward commercial completion ahead of peak season in late FY2027. Disconfirmation would occur if Las Vegas room pricing softens or if Macau promotional reinvestment escalates, which would be visible across upcoming quarterly filings.

Las Vegas RevPAR and group booking pace maintain premium stability without broad promotional discounting
Macau mass market table gaming volume continues steady expansion under stable concession reinvestment rates
Wynn Al Marjan Island achieves commercial handover and opening on schedule in late FY2027
Operating margins expand gradually toward normalized levels as non-gaming amenities ramp

Bull20%

Price target

$89.05

+20.8% from spot

Under the Bull case, which carries a probability of 20.0% and a target of $89.05 for an implied return of 20.8% relative to $73.73 (as of 2026-10-14), premium mass market share gains in Macau accelerate operating margins while Las Vegas group and luxury leisure demand drives record room rates. Commercial opening of Wynn Al Marjan Island in late FY2027 unlocks unconstrained high-net-worth demand across the Middle East, generating rapid free cash flow expansion that enables accelerated debt retirement. This trajectory would be disconfirmed if international visitation funnels fail to materialize post-launch, observable in early FY2028 operating metrics.

Macau premium mass market share gains drive operating margins toward high-cycle peak levels
Las Vegas luxury room rates and convention delegate spending exceed historical records
Wynn Al Marjan Island captures immediate unconstrained luxury gaming monopoly demand upon opening
Accelerated free cash flow generation enables rapid debt deleveraging and aggressive share repurchases

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($76.43). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.0%	2.3%	2.5%	2.8%	3.0%
8.2%	$83.0	$85.2	$87.7	$90.3	$93.3
8.7%	$77.8	$79.6	$81.6	$83.8	$86.2
9.2%	$73.2	$74.8	$76.4	$78.2	$80.2
9.7%	$69.2	$70.6	$72.0	$73.5	$75.1
10.2%	$65.7	$66.9	$68.1	$69.4	$70.8

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E14

P25 n/aP50 n/aP75 n/a

Trailing P/E18.2

P25 n/aP50 n/aP75 n/a

ROEn/a

P25 n/aP50 n/aP75 n/a

ROIC9.4

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All WYNN indicators

Market & fundamental data

Available fields

277

Groups with data

Currency

USD

Showing 277 of 277 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001174922
Company name	Wynn Resorts, Limited
Country	United States
Country code	US
CUSIP number	983134107
Earnings date	2026-11-05
Earnings time	amc
Employees	28,500
Employees change	500
Employees growth	1.79%
Enterprise value	$17.5B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2002
In index	SP500
Industry	Resorts & Casinos
IPO date	2002-10-25
Is primary listing	Yes
Is SPAC	No
ISIN number	US9831341071
Last 10-K release date	2026-03-02
Last earnings date	2026-08-04
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$7.2B
Market cap category	Mid-Cap
Next earnings date	2026-11-05
Options	Yes
Price	$71.40
Price currency	USD
Sector	Consumer Discretionary
SIC code	7011
Stock price date	2026-10-28
Symbol	WYNN
U.S. state	Nevada
Website	https://www.wynnresorts.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	15.8x
Average P/E ratio (10Y)	102.58x
Average P/E ratio (3Y)	45.22x
Average P/E ratio (5Y)	172.19x
Earnings yield	5.84%
EV/Earnings	39.07x
EV/EBIT	14.81x
EV/EBITDA	9.69x
EV/FCF	22.15x
EV/Sales	2.37x
FCF / EV yield	4.52%
FCF yield	10.85%
Forward EV/Sales	2.35x
Forward P/E	17.85x
Forward P/S	0.98x
Industry forward P/E	14.43x
Industry P/E	63.69x
Lynch fair value	$104.26
Lynch upside	45%
P/(FCF - SBC) ratio	10.34x
P/(OCF - SBC) ratio	5.31x
P/E ratio	17.12x
P/FCF ratio	9.21x
P/OCF ratio	5x
P/S ratio	0.98x
PEG ratio	5.72x
Price/EBITDA ratio	4.03x
Sector forward P/E	24.43x
Sector P/E	30.53x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	15.98%
EBITDA margin	24.4%
Effective tax rate	15.81%
FCF margin	10.68%
Gross margin	68.3%
Operating margin	15.98%
Pretax margin	9.36%
Profit margin	6.06%
Profit per employee	$15,750
Profitable quarters	7
Profitable years	3
Revenue per employee	$260,120
ROA	5.73%
ROA (5Y)	2.43%
ROCE	11.55%
ROIC	9.41%
ROIC (5Y)	4.09%
SBC / revenue	1.16%
Tax / revenue	1.48%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	22.76%
EPS growth (Q)	106.14%
EPS growth (QoQ)	26.75%
EPS growth 10Y	2.58%
EPS growth quarters	2
EPS growth years	0
FCF growth	6.52%
FCF growth (Q)	41.33%
FCF growth 3Y	40.17%
Gross profit growth	6.33%
Gross profit growth (Q)	8.26%
Gross profit growth 3Y	20%
Gross profit growth 5Y	26.47%
Net income growth	16.93%
Net income growth (Q)	111.52%
Net income growth (QoQ)	16.28%
Net income growth 3Y	299.6%
Net income growth quarters	2
Net income growth years	0
OCF growth	12.49%
OCF growth (Q)	21.44%
OCF growth (QoQ)	220.57%
OCF growth 10Y	6.79%
OCF growth 3Y	33.24%
Operating income growth	7.44%
Operating income growth (Q)	11.79%
Operating income growth 3Y	51.54%
Revenue growth	6.36%
Revenue growth (Q)	6.86%
Revenue growth (QoQ)	0.01%
Revenue growth 10Y	6.37%
Revenue growth 3Y	14.69%
Revenue growth 5Y	21.64%
Revenue growth quarters	5
Revenue growth years	3

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-667.3M
Depreciation and amortization	$624.5M
EBIT	$1.2B
EBITDA	$1.8B
EPS	$4.17
FCF per share	$7.80
Financing cash flow	$-252.4M
Free cash flow	$791.9M
Free cash flow minus SBC	$705.5M
Gross profit	$5.1B
Income taxes	$109.7M
Investing cash flow	$-1.6B
Net borrowing	$173.2M
Net cash flow	$-412.6M
Net income	$448.9M
Operating cash flow minus SBC	$1.4B
Operating income	$1.2B
Revenue	$7.4B
Stock-based compensation	$86.3M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.2
Book value per share	$-1.66
Debt / EBITDA	6.62
Debt / FCF	15.59
Interest coverage	1.92
Long-term assets	$10.5B
Long-term liabilities	$11.2B
Net cash (debt)	$-10.2B
Net cash / market cap	-140.39%
Net debt / EBITDA	5.66
Net debt / FCF	12.93
Piotroski F-Score	6
Property, plant and equipment	$8.4B
Shareholders' equity	$-906.7M
Tangible book value	$-377.7M
Tangible book value per share	$-3.71
Total assets	$13.2B
Total cash	$2.1B
Total debt	$12.3B
Total liabilities	$14.1B
WACC	6.17%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.57
Current assets	$2.7B
Current liabilities	$2.9B
Current ratio	0.91
Inventory turnover	27.56
Net working capital	$-926.5M
Quick ratio	0.84
Working capital	$-254.8M
Working capital turnover	-85.54

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	3.24%
Dividend growth	0%
Dividend growth (10Y)	-6.7%
Dividend growth (3Y)	25.99%
Dividend growth (5Y)	-24.21%
Dividend growth years	0
Dividend payment date	2026-08-28
Dividend payment years	4
Dividend payout frequency	Quarterly
Dividend per share	$1.00
Dividend yield	1.4%
Ex-dividend date	2026-08-14
FCF payout ratio	12.81%
Last dividend	$0.25
Payout ratio	23.98%
Shareholder yield	4.63%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-24.18%
10Y return CAGR	-1.58%
10Y total return	-14.69%
150-day SMA	$95.50
15Y price change	-47.83%
15Y return CAGR	-1.86%
15Y total return	-24.59%
1D price change	-1.41%
1M price change	-11.97%
1M total return	-11.97%
1W price change	-7.8%
1W total return	-7.8%
1Y price change	-43.07%
1Y return CAGR	-42.56%
1Y total return	-42.54%
20-day SMA	$75.22
200-day SMA	$98.87
20Y price change	-1.77%
20Y return CAGR	3.11%
20Y total return	84.46%
3M price change	-28.38%
3M total return	-28.2%
3Y price change	-18.18%
3Y return CAGR	-5.51%
3Y total return	-15.63%
50-day SMA	$83.48
50-day SMA vs 200-day SMA	50under200
52-week high	$134.72
52-week high date	2025-12-01
52-week low	$70.79
52-week low date	2026-10-28
5Y price change	-22.2%
5Y return CAGR	-4.22%
5Y total return	-19.38%
6M price change	-32.32%
6M total return	-31.98%
All-time high	$249.31
All-time high date	2014-03-05
All-time low	$10.76
All-time low date	2002-11-13
Average true range (ATR)	$2.47
Average volume	2.1M
Beta (1Y)	0.91
Beta (2Y)	0.94
Beta (5Y)	0.95
Change from 52-week high	-47%
Change from 52-week low	0.86%
Change from all-time high	-71.36%
Change from all-time low	563.66%
Change from open	-1.59%
Day's gap	0.18%
Dollar volume	$113.8M
High price	$72.65
Low price	$70.80
Monthly RSI	35.63
Open price	$72.55
Position in 52-week range	32.43%
Premarket change	-0.23%
Premarket close	$72.42
Premarket price	$72.25
Premarket volume	3.9K
Previous close	$72.42
Price vs 150-day SMA	-25.23%
Price vs 20-day SMA	-5.07%
Price vs 200-day SMA	-27.77%
Price vs 50-day SMA	-14.45%
Relative volume	0.75
RSI	32.32
Sharpe ratio	-1.72
Sharpe ratio (3Y)	-0.13
Sharpe ratio (5Y)	0
Sortino ratio	-2.15
Sortino ratio (3Y)	-0.03
Sortino ratio (5Y)	0.15
Volume	1.6M
Weekly RSI	24.34
YTD price change	-40.65%
YTD total return	-40.22%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	80.2M
Float percentage	79.02%
Shares change (QoQ)	-0.79%
Shares change (YoY)	-3.24%
Shares held by insiders	9.59%
Shares held by institutions	81.04%
Shares outstanding	101.5M
Short % of float	12.13%
Short % of shares	9.59%
Short ratio	4.2 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	113

Deeper analysis on WYNN

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this WYNN report

What is the latest published WYNN stock rating?

Wynn Resorts Limited is shown with Hold in the latest published report, analyzed 2026-10-15. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full WYNN analysis?

The full latest published report, analyzed 2026-10-15, lives at /stocks/WYNN/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for WYNN?

The latest published report analyzed 2026-10-15 gives WYNN a fair value of USD 76 and a potential value of USD 89. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the WYNN page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-15). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

HoldWYNN · Fair value $76.4+3.7%

Read full analysis →

Wynn Resorts Limited (WYNN)

Our latest published analysis: WYNN rated Hold

Price

Financial snapshot

Fair-value bridge

Latest news · WYNN

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All WYNN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on WYNN

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	6.0
Management	6.5
Balance Sheet	3.0
Profitability	5.0
Revenue Growth	6.0
Risk Assessment	4.5
Competitive Moat	6.5
Earnings Quality	9.0
Capital Efficiency	5.5