Wynn Resorts, Limited (WYNN) Financial Ratios
24 years of historical data (2002–2025) · Consumer Cyclical · Gambling, Resorts & Casinos
EV/EBITDA
↓
12.36
↓-52% vs avg
5yr avg: 26.02
30Y Low10.7·High72.6
P/FCF
↑
16.10
+16% vs avg
5yr avg: 13.82
30Y Low9.5·High132.0
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low0.5·High149.1
ROE
N/A
—
5yr avg: N/A
30Y Low-16%·High426%
Debt/EBITDA
↓
6.92
↓-58% vs avg
5yr avg: 16.63
30Y Low2.3·High37.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
WYNN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Wynn Resorts, Limited trades at 34.0x earnings, 41% 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 19.4x, the stock trades at a premium of 75%. On a free-cash-flow basis, the stock trades at 16.1x P/FCF, 16% 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 | $11.1B | $12.5B | $9.5B | $10.3B | $9.4B | $9.7B | $12.0B | $14.9B | $10.6B | $17.3B | $8.8B |
| Enterprise Value | $22.0B | $23.4B | $19.2B | $20.8B | $19.5B | $19.2B | $21.8B | $23.1B | $17.8B | $24.1B | $16.5B |
| P/E Ratio → | 34.03 | 38.32 | 19.81 | 14.42 | — | — | — | 47.72 | 18.12 | 23.16 | 36.35 |
| P/S Ratio | 1.56 | 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 | 16.10 | 18.12 | 9.47 | 13.88 | — | — | — | — | — | 18.65 | — |
| P/OCF | 8.24 | 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
WYNN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Wynn Resorts, Limited's enterprise value stands at 12.4x EBITDA, 52% below its 5-year average of 26.0x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 9% premium on an enterprise-value basis.
| 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 | 12.36 | 13.15 | 10.74 | 13.60 | 32.88 | 59.74 | — | 15.35 | 13.71 | 15.00 | 17.79 |
| EV / EBIT | 18.99 | 20.51 | 14.45 | 20.03 | — | — | — | 25.57 | 14.84 | 22.85 | 30.20 |
| EV / FCF | — | 33.76 | 19.17 | 28.05 | — | — | — | — | — | 26.01 | — |
WYNN Profitability
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 2.9%. 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 5.8%.
Margins
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% |
Return on Capital
| 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% |
WYNN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Wynn Resorts, Limited carries a Debt/EBITDA ratio of 6.9x, which is highly leveraged (57% above the sector average of 4.4x). 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 |
WYNN Liquidity & Efficiency
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 |
WYNN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Wynn Resorts, Limited returns 5.0% to shareholders annually — split between a 1.6% dividend yield and 3.4% buyback yield. A payout ratio of 53.4% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 2.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
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% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.9% | 2.6% | 5.0% | 6.9% | — | — | — | 2.1% | 5.5% | 4.3% | 2.8% |
| FCF Yield | 6.2% | 5.5% | 10.6% | 7.2% | — | — | — | — | — | 5.4% | — |
| Buyback Yield | 3.4% | 3.0% | 4.2% | 2.1% | 2.0% | 0.1% | 0.1% | 0.5% | 1.5% | 0.1% | 0.2% |
| Total Shareholder Yield | 5.0% | 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 |
Peer Comparison
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 |
|---|---|---|---|---|---|---|---|---|---|
 WYNNYou | $11B | 34.0 | 12.4 | 16.1 | 32.7% | 16.2% | — | 9.3% | 6.9 |
 LVS | $36B | 22.9 | 10.4 | 21.6 | 28.2% | 23.7% | 63.9% | 16.9% | 3.5 |
 MGM | $10B | 50.1 | 31.6 | 5.8 | 44.4% | 5.7% | 5.9% | 1.7% | 27.8 |
 MLCO | $2B | 12.4 | 7.3 | 4.8 | 36.7% | 11.6% | — | 8.6% | 6.2 |
 CZR | $6B | -11.5 | 8.9 | 10.9 | 37.7% | 18.1% | -12.5% | 5.4% | 7.5 |
 PENN | $2B | -2.9 | 13.8 | — | 27.4% | 3.9% | -36.0% | 1.8% | 11.7 |
 BYD | $6B | 3.8 | 7.9 | 16.5 | 42.1% | 21.4% | 88.0% | 12.3% | 2.8 |
 RRR | $3B | 17.2 | 3.9 | 11.0 | 52.6% | 29.7% | 58.9% | 23.4% | 0.1 |
 GDEN | $754M | -124.1 | 10.2 | 21.2 | 39.5% | 5.5% | -1.4% | 2.8% | 4.7 |
 CHDN | $6B | 16.7 | 11.4 | 12.5 | 33.6% | 25.2% | 35.2% | 9.4% | 5.3 |
 LNW | $8B | 26.6 | 11.5 | 24.1 | 70.8% | 21.0% | 48.0% | 11.6% | 3.8 |
| Consumer Cyclical Median | — | 19.4 | 11.4 | 15.3 | 36.8% | 2.9% | 5.7% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonWYNN — Frequently Asked Questions
Quick answers to the most common questions about buying WYNN stock.
What is Wynn Resorts, Limited's P/E ratio?
Wynn Resorts, Limited's current P/E ratio is 34.0x. The historical average is 31.7x. This places it at the 63th percentile of its historical range.
What is Wynn Resorts, Limited's EV/EBITDA?
Wynn Resorts, Limited's current EV/EBITDA is 12.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 21.9x.
Is WYNN stock overvalued?
Based on historical data, Wynn Resorts, Limited is trading at a P/E of 34.0x. This is at the 63th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Wynn Resorts, Limited's dividend yield?
Wynn Resorts, Limited's current dividend yield is 1.57% with a payout ratio of 53.4%.
What are Wynn Resorts, Limited's profit margins?
Wynn Resorts, Limited has 32.7% gross margin and 16.2% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Wynn Resorts, Limited have?
Wynn Resorts, Limited's Debt/EBITDA ratio is 6.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.