24 years of historical data (2002–2025) · Consumer Cyclical · Gambling, Resorts & Casinos
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Wynn Resorts, Limited trades at 33.6x earnings, 39% above its 5-year average of 24.2x, sitting at the 63rd percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a premium of 59%. On a free-cash-flow basis, the stock trades at 15.8x P/FCF, 14% above the 5-year average of 13.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.0B | $12.5B | $9.5B | $10.3B | $9.4B | $9.7B | $12.0B | $14.9B | $10.6B | $17.3B | $8.8B |
| Enterprise Value | $21.8B | $23.4B | $19.2B | $20.8B | $19.5B | $19.2B | $21.8B | $23.1B | $17.8B | $24.1B | $16.5B |
| P/E Ratio → | 33.61 | 38.32 | 19.81 | 14.42 | — | — | — | 47.72 | 18.12 | 23.16 | 36.35 |
| P/S Ratio | 1.53 | 1.76 | 1.33 | 1.57 | 2.49 | 2.57 | 5.75 | 2.25 | 1.58 | 2.74 | 1.97 |
| P/B Ratio | — | — | — | — | — | — | — | 9.64 | 5.83 | 16.04 | 34.17 |
| P/FCF | 15.82 | 18.12 | 9.47 | 13.88 | — | — | — | — | — | 18.65 | — |
| P/OCF | 8.10 | 9.27 | 6.66 | 8.24 | — | — | — | 16.49 | 11.01 | 9.22 | 9.08 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Wynn Resorts, Limited's enterprise value stands at 12.3x EBITDA, 53% below its 5-year average of 26.0x. This is roughly in line with the Consumer Cyclical sector median of 12.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.27 | 2.70 | 3.18 | 5.18 | 5.10 | 10.38 | 3.49 | 2.65 | 3.82 | 3.69 |
| EV / EBITDA | 12.25 | 13.15 | 10.74 | 13.60 | 32.88 | 59.74 | — | 15.35 | 13.71 | 15.00 | 17.79 |
| EV / EBIT | 18.83 | 20.51 | 14.45 | 20.03 | — | — | — | 25.57 | 14.84 | 22.85 | 30.20 |
| EV / FCF | — | 33.76 | 19.17 | 28.05 | — | — | — | — | — | 26.01 | — |
Margins and return-on-capital ratios measuring operating efficiency
Wynn Resorts, Limited earns an operating margin of 16.2%, above the Consumer Cyclical sector average of 2.0%. Operating margins have expanded from 12.9% to 16.2% over the past 3 years, signaling improving operational efficiency. ROIC of 9.3% represents adequate returns on invested capital versus a sector median of 5.2%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.7% | 32.7% | 43.5% | 43.2% | 36.4% | 32.0% | 16.8% | 38.5% | 39.2% | 37.2% | 37.9% |
| Operating Margin | 16.2% | 16.2% | 15.9% | 12.9% | -2.7% | -10.5% | -58.8% | 13.3% | 11.1% | 16.7% | 11.7% |
| Net Profit Margin | 4.6% | 4.6% | 7.0% | 11.2% | -11.3% | -20.1% | -98.6% | 1.9% | 8.7% | 11.8% | 5.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | -514.1% | 7.3% | 40.4% | 111.8% | 173.0% |
| ROA | 2.5% | 2.5% | 3.7% | 5.3% | -3.3% | -5.7% | -14.9% | 0.9% | 4.5% | 6.1% | 2.2% |
| ROIC | 9.3% | 9.3% | 9.4% | 7.1% | -0.9% | -3.4% | -9.9% | 7.0% | 6.6% | 10.0% | 5.2% |
| ROCE | 9.9% | 9.9% | 9.8% | 7.2% | -0.9% | -3.4% | -10.3% | 7.6% | 6.8% | 9.9% | 5.2% |
Solvency and debt-coverage ratios — lower is generally safer
Wynn Resorts, Limited carries a Debt/EBITDA ratio of 6.9x, which is highly leveraged (45% above the sector average of 4.8x). Net debt stands at $10.8B ($12.3B total debt minus $1.5B cash). Interest coverage of just 1.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | 6.85 | 5.19 | 8.93 | 39.26 |
| Debt / EBITDA | 6.92 | 6.92 | 6.79 | 8.75 | 23.21 | 37.49 | — | 7.03 | 7.26 | 5.99 | 10.93 |
| Net Debt / Equity | — | — | — | — | — | — | — | 5.33 | 3.97 | 6.33 | 29.75 |
| Net Debt / EBITDA | 6.09 | 6.09 | 5.44 | 6.87 | 17.04 | 29.64 | — | 5.46 | 5.55 | 4.24 | 8.28 |
| Debt / FCF | — | 15.64 | 9.70 | 14.16 | — | — | — | — | — | 7.36 | — |
| Interest Coverage | 1.82 | 1.82 | 1.93 | 1.38 | -0.08 | -0.67 | -2.17 | 2.18 | 3.14 | 2.72 | 1.89 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.63x means Wynn Resorts, Limited can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.93x to 1.63x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.63 | 1.63 | 1.90 | 1.93 | 2.22 | 2.23 | 2.03 | 1.44 | 1.40 | 1.77 | 2.11 |
| Quick Ratio | 1.58 | 1.58 | 1.85 | 1.89 | 2.19 | 2.18 | 1.99 | 1.40 | 1.37 | 1.74 | 2.05 |
| Cash Ratio | 1.26 | 1.26 | 1.58 | 1.69 | 2.02 | 1.96 | 1.85 | 1.19 | 1.18 | 1.54 | 1.85 |
| Asset Turnover | — | 0.53 | 0.55 | 0.47 | 0.28 | 0.30 | 0.15 | 0.48 | 0.51 | 0.50 | 0.37 |
| Inventory Turnover | 54.27 | 54.27 | 53.13 | 49.09 | 34.10 | 36.57 | 26.30 | 45.95 | 61.33 | 55.33 | 30.30 |
| Days Sales Outstanding | — | 21.24 | 16.59 | 19.09 | 20.99 | 19.34 | 34.86 | 19.13 | 15.03 | 12.97 | 17.89 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Wynn Resorts, Limited returns 5.1% to shareholders annually — split between a 1.6% dividend yield and 3.5% buyback yield. A payout ratio of 53.4% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 3.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.6% | 1.4% | 1.5% | 0.8% | 0.0% | 0.0% | 0.9% | 3.8% | 5.4% | 1.9% | 3.7% |
| Payout Ratio | 53.4% | 53.4% | 27.9% | 11.6% | — | — | — | 460.6% | 97.5% | 42.9% | 134.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.0% | 2.6% | 5.0% | 6.9% | — | — | — | 2.1% | 5.5% | 4.3% | 2.8% |
| FCF Yield | 6.3% | 5.5% | 10.6% | 7.2% | — | — | — | — | — | 5.4% | — |
| Buyback Yield | 3.5% | 3.0% | 4.2% | 2.1% | 2.0% | 0.1% | 0.1% | 0.5% | 1.5% | 0.1% | 0.2% |
| Total Shareholder Yield | 5.1% | 4.4% | 5.7% | 2.9% | 2.0% | 0.2% | 1.0% | 4.3% | 6.9% | 2.0% | 3.8% |
| Shares Outstanding | — | $104M | $110M | $113M | $114M | $114M | $107M | $107M | $107M | $103M | $102M |
Compare WYNN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $11B | 33.6 | 12.3 | 15.8 | 32.7% | 16.2% | — | 9.3% | 6.9 | |
| $32B | 20.7 | 9.6 | 19.5 | 28.2% | 23.7% | 63.9% | 16.9% | 3.5 | |
| $12B | 61.6 | 32.7 | 7.2 | 44.4% | 5.7% | 5.9% | 1.7% | 27.8 | |
| $2B | 12.3 | 7.2 | 4.7 | 36.7% | 11.6% | — | 8.6% | 6.2 | |
| $6B | -12.1 | 9.0 | 11.4 | 37.7% | 18.1% | -12.5% | 5.4% | 7.5 | |
| $3B | -3.7 | 14.7 | — | 27.4% | 3.9% | -36.0% | 1.8% | 11.7 | |
| $6B | 3.8 | 7.9 | 16.4 | 42.1% | 21.4% | 88.0% | 12.3% | 2.8 | |
| $4B | 19.7 | 4.5 | 12.6 | 52.6% | 29.7% | 58.9% | 23.4% | 0.1 | |
| $754M | -124.1 | 10.2 | 21.2 | 39.5% | 5.5% | -1.4% | 2.8% | 4.7 | |
| $6B | 16.6 | 11.3 | 12.4 | 33.6% | 25.2% | 35.2% | 9.4% | 5.3 | |
| $8B | 26.6 | 11.5 | 24.1 | 70.8% | 21.0% | 48.0% | 11.6% | 3.8 | |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 24 years · Updated daily
Deep dive into WYNN consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying WYNN stock.
Wynn Resorts, Limited's current P/E ratio is 33.6x. The historical average is 31.7x. This places it at the 63th percentile of its historical range.
Wynn Resorts, Limited's current EV/EBITDA is 12.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 21.9x.
Based on historical data, Wynn Resorts, Limited is trading at a P/E of 33.6x. This is at the 63th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Wynn Resorts, Limited's current dividend yield is 1.59% with a payout ratio of 53.4%.
Wynn Resorts, Limited has 32.7% gross margin and 16.2% operating margin. Operating margin between 10-20% is typical for established companies.
Wynn Resorts, Limited's Debt/EBITDA ratio is 6.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.