Red Rock Resorts, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.01B | $1.94B | $1.72B | $1.66B | $1.62B | $1.18B | $1.86B | $1.68B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $441.3M | $432.3M | $374.5M | $353.0M | $347.1M | $324.6M | $416.4M | $390.5M |
| Operating Income | $597.4M | $568.7M | $558.7M | $561.3M | $401.5M | $88.6M | $186.0M | $372.2M |
| Operating Margin | 29.7% | 29.3% | 32.4% | 33.7% | 24.8% | 7.5% | 10.0% | 22.1% |
| Interest Expense | $201.9M | $228.8M | $181.0M | $129.9M | $103.2M | $128.5M | $156.7M | $143.1M |
| Pretax Income | $402.3M | $328.2M | $380.8M | $434.9M | $285.5M | $-60.5M | $-8.5M | $243.4M |
| Income Tax Expense | $46.7M | $36.9M | $43.0M | $44.5M | $-69.3M | $114.1M | $-1.7M | $23.9M |
| Net Income | $188.1M | $154.1M | $176.0M | $205.5M | $241.9M | $-150.4M | $-3.4M | $157.5M |
| Net Margin | 9.3% | 7.9% | 10.2% | 12.3% | 14.9% | -12.7% | -0.2% | 9.4% |
| EPS (Basic) | $3.19 | $2.61 | $3.04 | $3.48 | $3.50 | $-2.13 | $-0.05 | $2.28 |
| EPS (Diluted) | $3.12 | $2.53 | $2.94 | $3.36 | $2.84 | $-2.13 | $-0.05 | $1.77 |
| Shares Outstanding (Basic) | 59.0M | 59.0M | 57.9M | 59.0M | 69.1M | 70.5M | 69.6M | 69.1M |
| Shares Outstanding (Diluted) | 102.6M | 103.7M | 103.2M | 104.7M | 116.5M | 70.5M | 69.6M | 116.9M |
| Dividends Per Share | — | — | — | $3.00 | $3.00 | $0.10 | $0.40 | $0.40 |