Wynn Resorts Net Income 2024

Wynn Resorts Net Income

585.49 M USD

Wynn Resorts Dividend yield

Ticker

WYNN

ISIN

US9831341071

WKN

663244

In 2024, Wynn Resorts's profit amounted to 585.49 M USD, a -19.8% increase from the 729.99 M USD profit recorded in the previous year.

The Wynn Resorts Net Income history

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Wynn Resorts Aktienanalyse

What does Wynn Resorts do?

Wynn Resorts Ltd is a globally operating company based in Las Vegas, Nevada. The company was founded in 2002 by the renowned casino mogul Steve Wynn and has since operated some of the most impressive casino resorts worldwide. Currently, Wynn Resorts is active in the United States (Las Vegas and Boston), Macau, and Europe (Switzerland and Belgium). The business model of Wynn Resorts is based on the idea of providing customers with a high-quality gaming experience coupled with luxurious hotel accommodations, fine dining, spa, and entertainment options. The company places great emphasis on quality, service, and customer satisfaction. Wynn Resorts focuses on a personalized approach and aims to make its customers feel like royalty. The first Wynn Resort opened in Las Vegas in 2005 as Wynn Las Vegas. It was followed by Encore Las Vegas in 2008, which is located directly adjacent to the main resort. Together, both resorts comprise approximately 4,750 luxurious rooms and suites, as well as numerous restaurants, bars, spas, swimming pools, nightclubs, and, of course, a casino. In 2010, Wynn Resorts opened Wynn Macau in Macau, the most important gambling center in China. It is designed similarly to the resorts in Las Vegas and includes luxurious rooms, a casino, restaurants, a spa, a swimming pool, and a variety of entertainment options. In 2018, Wynn Resorts expanded its presence with the opening of Encore Boston Harbor in Everett, Massachusetts. This resort is located near Boston and features around 600 luxurious rooms, a casino, restaurants, bars, a spa, and an entertainment venue. It is the first Wynn resort to be opened outside of Nevada and Macau. Wynn Resorts has also entered into a partnership with a company called Universal Entertainment Corporation, a Japanese company. Together, they are working on a project in Osaka, Japan, which will be one of the country's first integrated resorts. It is expected to open in 2025 and will include restaurants, shops, conference rooms, a theater, a casino, and a hotel. In addition to the casino resorts, Wynn Resorts also operates a number of online casino and sports betting businesses. The company launched its online casino and sports betting business in 2020 to adapt to the changes in the world and strengthen its presence on the internet. Ultimately, Wynn Resorts is not just a gambler's paradise but a brand that embodies luxury and elite. The company has an outstanding reputation in the industry and offers its customers an unparalleled experience. Despite facing various scandals in the past, it is remarkable how year after year, Wynn Resorts has managed to assert itself as a market leader and become a globally recognized company. Wynn Resorts ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Wynn Resorts revenue by segment

In the annual report of the Wynn Resorts share (US9831341071, 663244, WYNN), it breaks down its revenues into 4 segments: 1. Casino, 2. Food & Beverage, 3. Rooms, 4. Entertainment, Retail & Other. The Wynn Resorts stock (WKN: 663244, ISIN: US9831341071, Ticker Symbol: WYNN) is a leading investment for investors interested in participating in the Consumer Discretionary sector.

Net Income Details

Understanding Wynn Resorts's Profit Margins

The profit margins of Wynn Resorts represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Wynn Resorts's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Wynn Resorts's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Wynn Resorts's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Wynn Resorts’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Wynn Resorts Stock

How much profit has Wynn Resorts made this year?

Wynn Resorts has made 585.49 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -19.8% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Wynn Resorts publish its earnings?

Wynn Resorts publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Wynn Resorts?

The profits of Wynn Resorts are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Wynn Resorts?

You can learn more about the earnings of Wynn Resorts by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Wynn Resorts pay?

Over the past 12 months, Wynn Resorts paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Wynn Resorts is expected to pay a dividend of 0.39 USD.

What is the dividend yield of Wynn Resorts?

The current dividend yield of Wynn Resorts is .

When does Wynn Resorts pay dividends?

Wynn Resorts pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of Wynn Resorts?

Wynn Resorts paid dividends every year for the past 7 years.

What is the dividend of Wynn Resorts?

For the upcoming 12 months, dividends amounting to 0.39 USD are expected. This corresponds to a dividend yield of 0.41 %.

In which sector is Wynn Resorts located?

Wynn Resorts is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Wynn Resorts kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wynn Resorts from 2/29/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 2/16/2024.

When did Wynn Resorts pay the last dividend?

The last dividend was paid out on 2/29/2024.

What was the dividend of Wynn Resorts in the year 2023?

In the year 2023, Wynn Resorts distributed 0 USD as dividends.

In which currency does Wynn Resorts pay out the dividend?

The dividends of Wynn Resorts are distributed in USD.

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Andere Kennzahlen von Wynn Resorts

Our stock analysis for Wynn Resorts Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wynn Resorts Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.