Financials Wynn Resorts, Limited

Equities

WYNN

US9831341071

Casinos & Gaming

Market Closed - Nasdaq Other stock markets 01:30:00 13/03/2026 am IST			5-day change	1st Jan Change
98.79 ^USD	-1.28%		-6.24%	-17.90%

11/03	Wynn Resorts resumes construction on UAE luxury project after brief pause	RE
11/03	Wynn Resorts Says Construction Resumed at Wynn Al Marjan Island Resort in UAE	MT

Projected Income Statement: Wynn Resorts, Limited

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	3,764	3,757	6,532	7,128	7,138	7,451	7,819	8,216
Change	-	-0.18%	73.87%	9.13%	0.14%	4.38%	4.94%	5.08%
EBITDA ¹	569.4	725.4	2,115	2,365	2,224	2,326	2,497	2,761
Change	-	27.39%	191.56%	11.82%	-5.95%	4.6%	7.32%	10.59%
EBIT ¹	-394.5	-100.7	840.2	1,133	1,118	1,286	1,444	1,512
Change	-	74.48%	934.53%	34.82%	-1.27%	14.96%	12.29%	4.76%
Interest Paid ¹	-605.6	-650.9	-751.5	-688.4	-625.6	-648.2	-638	-617
Earnings before Tax (EBT) ¹	-1,012	-700	285.4	643.4	514.1	706	834.1	932.8
Change	-	30.79%	140.77%	125.45%	-20.09%	37.31%	18.14%	11.84%
Net income ¹	-755.8	-423.9	730	501.1	327.3	509.2	592.9	669.8
Change	-	43.92%	272.23%	-31.36%	-34.67%	55.57%	16.44%	12.95%
Announcement Date	15/02/22	08/02/23	07/02/24	13/02/25	12/02/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	725.8	990.1	994.6	1,053	953.3	908.8	889.7	1,005	1,424	1,596	1,672	1,840	1,863	1,733	1,693	1,839	1,700	1,738	1,834	1,866	1,812	1,844	1,836	1,946	1,877	1,948	1,926	2,007
Change	-	36.42%	0.46%	5.88%	-9.48%	-4.67%	-2.1%	12.95%	41.67%	12.09%	4.77%	10.08%	1.22%	-6.98%	-2.29%	8.59%	-7.53%	2.2%	5.52%	1.76%	-2.9%	1.79%	-0.44%	5.98%	-3.55%	3.76%	-1.1%	4.19%
EBITDA ¹	58.9	206.9	154.6	149.1	177.6	179.2	173.5	195.1	429.7	524.5	530.4	630.4	646.5	571.7	527.7	619	532.9	552.4	570.1	568.8	560.1	581.1	559.8	607.4	582.5	604.9	584	607.6
Change	-	251.24%	-25.29%	-3.53%	19.1%	0.89%	-3.14%	12.44%	120.25%	22.04%	1.13%	18.86%	2.56%	-11.58%	-7.69%	17.32%	-13.92%	3.66%	3.2%	-0.23%	-1.53%	3.76%	-3.67%	8.51%	-4.1%	3.85%	-3.46%	4.04%
EBIT ¹	-175.7	-29.52	-83.66	-105.6	-94.86	-52.03	-52.99	99.21	169.5	250.3	62.6	357.7	362.9	269.7	133.2	366.9	268.6	264.6	310.5	274.7	314.5	322.1	304.6	343.5	320.6	331.2	316.4	337.1
Change	-	83.2%	-183.41%	-26.25%	10.19%	45.16%	-1.85%	287.22%	70.87%	47.68%	-75%	471.49%	1.46%	-25.7%	-50.59%	175.37%	-26.79%	-1.49%	17.34%	-11.52%	14.48%	2.41%	-5.41%	12.75%	-6.65%	3.31%	-4.47%	6.54%
Charge d'intérêts ¹	-152.9	-150.4	-150.3	-152	-152.2	-154.8	-165.3	-178.6	-187.7	-190.2	-188.6	-185	-182.4	-174.6	-167.9	-163.5	-157.6	-154.6	-157.6	-155.8	-161.7	-162.1	-162.4	-162.3	-157.4	-157.2	-156.5	-157
Earnings before Tax (EBT) ¹	-335.7	-172.7	-244.8	-258.3	-253.5	-212.7	-206.4	-27.46	2.164	132.1	-123.3	274.4	196.5	154.2	11.71	281	92.43	87.55	189.6	144.6	177.6	181.8	168.6	205.1	179.2	190	175.9	196.1
Change	-	48.55%	-41.76%	-5.5%	1.87%	16.08%	2.96%	86.7%	107.88%	6,006.28%	-193.3%	322.54%	-28.38%	-21.53%	-92.41%	2,298.96%	-67.1%	-5.28%	116.52%	-23.72%	22.79%	2.4%	-7.29%	21.7%	-12.64%	6.03%	-7.42%	11.48%
Net income ¹	-281	-131.4	-166.2	-177.2	-183.3	-130.1	-142.9	32.41	12.33	105.2	-116.7	729.2	144.2	111.9	-32.05	277	72.75	66.22	88.34	100	116.6	120.6	97.97	136.4	131.1	140.7	124.8	146.6
Change	-	53.25%	-26.55%	-6.58%	-3.46%	29.06%	-9.87%	122.68%	-61.95%	752.94%	-210.93%	724.93%	-80.22%	-22.38%	-128.63%	964.11%	-73.73%	-8.97%	33.41%	13.23%	16.57%	3.42%	-18.76%	39.21%	-3.87%	7.32%	-11.3%	17.47%
Announcement Date	10/05/21	04/08/21	09/11/21	15/02/22	10/05/22	09/08/22	09/11/22	08/02/23	09/05/23	09/08/23	09/11/23	07/02/24	07/05/24	06/08/24	04/11/24	13/02/25	06/05/25	07/08/25	06/11/25	12/02/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Wynn Resorts, Limited

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	9,412	8,466	8,859	8,116	8,482	9,285	9,022	9,051
Change	-	-10.05%	4.64%	-8.39%	4.51%	9.47%	-2.83%	0.32%
Announcement Date	15/02/22	08/02/23	07/02/24	13/02/25	12/02/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Wynn Resorts, Limited

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	290.7	300.1	442.8	419.9	660.4	1,105	728.3	568.8
Change	-	3.26%	47.54%	-5.16%	57.27%	67.27%	-34.08%	-21.89%
Free Cash Flow (FCF) ¹	-513.2	-371.4	805.1	1,006	692.2	683.6	845.8	-
Change	-	27.64%	316.77%	24.99%	-31.21%	-1.25%	23.73%	-100%
Announcement Date	15/02/22	08/02/23	07/02/24	13/02/25	12/02/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Wynn Resorts, Limited

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	15.13%	19.31%	32.38%	33.18%	31.16%	31.22%	31.93%	33.61%
EBIT Margin (%)	-10.48%	-2.68%	12.86%	15.89%	15.67%	17.26%	18.46%	18.41%
EBT Margin (%)	-26.88%	-18.63%	4.37%	9.03%	7.2%	9.48%	10.67%	11.35%
Net margin (%)	-20.08%	-11.28%	11.18%	7.03%	4.59%	6.83%	7.58%	8.15%
FCF margin (%)	-13.64%	-9.89%	12.33%	14.12%	9.7%	9.17%	10.82%	-
FCF / Net Income (%)	67.91%	87.62%	110.29%	200.82%	211.47%	134.24%	142.65%	-
Profitability
ROA	-5.73%	-3.27%	5.33%	3.72%	3.35%	4.97%	5.41%	4.7%
ROE	-	-	-	-	-	-	117.23%	164.96%
Financial Health
Leverage (Debt/EBITDA)	16.53x	11.67x	4.19x	3.43x	3.81x	3.99x	3.61x	3.28x
Debt / Free cash flow	-18.34x	-22.8x	11x	8.06x	12.25x	13.58x	10.67x	-
Capital Intensity
CAPEX / Current Assets (%)	7.72%	7.99%	6.78%	5.89%	9.25%	14.83%	9.31%	6.92%
CAPEX / EBITDA (%)	51.04%	41.37%	20.94%	17.76%	29.69%	47.49%	29.17%	20.6%
CAPEX / FCF (%)	-56.63%	-80.81%	55%	41.73%	95.41%	161.61%	86.11%	-
Items per share
Cash flow per share ¹	-1.957	-0.6273	11.06	12.93	12.98	13.71	14.48	15.24
Change	-	67.94%	1,862.78%	16.97%	0.32%	5.65%	5.61%	5.26%
Dividend per Share ¹	-	-	0.75	1	1	1.023	1.119	1.41
Change	-	-	-	33.33%	0%	2.26%	9.38%	26.01%
Book Value Per Share ¹	-1.853	-6.623	-2.25	-2.732	-2.657	-1.29	1.69	6.22
Change	-	-257.42%	66.03%	-21.42%	2.75%	51.44%	231.01%	268.05%
EPS ¹	-6.64	-3.73	6.32	4.35	3.14	5.099	5.94	6.362
Change	-	43.83%	269.44%	-31.17%	-27.82%	62.4%	16.49%	7.11%
Nbr of stocks (in thousands)	1,14,728	1,12,412	1,12,108	1,08,837	1,02,956	1,02,771	1,02,771	1,02,771
Announcement Date	15/02/22	08/02/23	07/02/24	13/02/25	12/02/26	-	-	-