RRR - Red Rock Resorts, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$71.00
DETAILS
HIGH:
$79.00
LOW:
$59.00
MEDIAN:
$72.00
CONSENSUS:
$71.00
UPSIDE:
28.21%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 2,011.5 | 1,939.0 | 1,724.1 | 1,663.8 | 1,617.9 | 1,182.4 | 1,856.5 | 1,681.0 | 1,615.6 | 1,452.4 | 1,352.1 | 1,291.6 | 1,256.1 | 1,230.2 |
| Cost of Revenue | 953.7 | 744.2 | 626.4 | 588.7 | 552.5 | 501.3 | 950.3 | 794.1 | 735.3 | 635.3 | 582.2 | 573.1 | 571.1 | 602.0 |
| Gross Profit | 1,057.8 | 1,194.8 | 1,097.7 | 1,075.1 | 1,065.4 | 681.1 | 906.3 | 887.0 | 880.3 | 817.1 | 769.9 | 718.5 | 685.1 | 628.2 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 441.3 | 432.3 | 374.5 | 353.0 | 347.1 | 324.6 | 416.4 | 390.5 | 379.2 | 325.7 | 327.9 | 320.1 | 327.8 | 308.2 |
| Other Expenses | 19.0 | 193.8 | 164.5 | 160.7 | 316.8 | 266.8 | 302.0 | (0.4) | (29.6) | (24.6) | (0.9) | 49.8 | 16.1 | 96.2 |
| Operating Expenses | 460.3 | 626.1 | 539.0 | 513.8 | 663.9 | 591.5 | 718.3 | 480.1 | 418.2 | 483.1 | 466.9 | 448.7 | 457 | 437.7 |
| Operating Income | ||||||||||||||
| Operating Income | 597.4 | 568.7 | 558.7 | 561.3 | 401.5 | 89.7 | 187.9 | 372.2 | 330.4 | 309.4 | 287.2 | 237.1 | 215.0 | 170.4 |
| Interest Expense | 201.9 | 228.8 | 181.0 | 129.9 | 103.2 | 128.5 | 156.7 | 143.1 | 131.4 | 140.2 | 144.5 | 151.7 | 165.2 | 189.8 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||
| EBITDA | 801.6 | 744.1 | 694.3 | 693.1 | 546.5 | 356.5 | 489.9 | 496.2 | 501.6 | 491.7 | 442.0 | 401.8 | 362.1 | 354.6 |
| EBIT | 604.2 | 557.0 | 561.8 | 564.8 | 388.7 | 125.1 | 267.7 | 386.5 | 329.8 | 304.4 | 287.9 | 282.8 | 86.1 | 222.3 |
| Income Before Tax | 402.3 | 328.2 | 380.8 | 434.9 | 285.5 | (60.5) | (8.5) | 243.4 | 197.8 | 164.0 | 143.4 | 131.1 | (79.1) | 32.5 |
| Income Tax Expense | 46.6 | 36.9 | 43.0 | 44.5 | (69.3) | 114.1 | (1.7) | 23.9 | 134.8 | 8.2 | 0 | 0 | 323.1 | 0 |
| Net Income | 188.1 | 154.1 | 176.0 | 205.5 | 241.8 | (150.4) | (3.4) | 157.5 | 35.2 | 92.0 | 137.7 | 100.5 | (95.0) | 21.1 |
| Per Share Data | ||||||||||||||
| EPS (Basic) | 3.19 | 2.61 | 3.04 | 3.48 | 3.50 | -2.13 | -0.10 | 2.27 | 0.52 | 1.03 | 0.39 | 2.58 | -2.44 | 0.54 |
| EPS (Diluted) | 3.12 | 2.53 | 2.94 | 3.36 | 2.84 | -1.28 | -0.06 | 1.35 | 0.42 | 1.03 | 0.39 | 2.58 | -2.44 | 0.54 |
| Shares Outstanding | 59.0 | 60.8 | 59.8 | 61.2 | 85.1 | 70.5 | 67.0 | 89.2 | 83.4 | 89.3 | 89.1 | 18.5 | 0 | 0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 142.5 | 164.4 | 137.6 | 117.3 | 275.3 | 121.2 | 128.8 | 114.6 | 231.5 | 133.8 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 73.9 | 64.4 | 76.4 | 43.6 | 36.7 | 35.1 | 56.7 | 51.4 | 49.0 | 51.2 |
| Inventory | 17.9 | 16.4 | 15.3 | 13.2 | 11.7 | 13.1 | 17.8 | 14.9 | 12.6 | 12.0 |
| Other Current Assets | 52.4 | 22.5 | 28.2 | 24.0 | 28.0 | 31.0 | 36.3 | 57.7 | 26.9 | 32.8 |
| Total Current Assets | 286.8 | 295.4 | 282.3 | 221.0 | 378.5 | 224.7 | 281.6 | 262.0 | 341.6 | 249.8 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 3,010.4 | 2,781.9 | 2,771.8 | 2,644.0 | 2,196.3 | 2,858.0 | 3,300.2 | 3,206.1 | 2,719.3 | 2,601.8 |
| Goodwill | 195.7 | 195.7 | 195.7 | 195.7 | 195.7 | 195.7 | 195.7 | 195.7 | 195.7 | 195.7 |
| Intangible Assets | 80.1 | 81.2 | 82.8 | 84.4 | 87.2 | 100.8 | 108.5 | 117.2 | 128 | 149.2 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 6.1 | 8.2 | 8.9 | 8.9 | 10.1 | 10.6 |
| Other Non-Current Assets | 559.3 | 634.9 | 578.5 | 124.9 | 177.9 | 330.5 | 106.1 | 107.8 | 92.7 | 74.6 |
| Total Non-Current Assets | 3,880.3 | 3,750.2 | 3,672.2 | 3,124.8 | 2,761.8 | 3,515.3 | 3,832.6 | 3,747.6 | 3,278.0 | 3,276.3 |
| Total Assets | 4,167.1 | 4,045.5 | 3,954.5 | 3,345.8 | 3,140.3 | 3,740.0 | 4,114.2 | 4,009.5 | 3,619.6 | 3,526.2 |
| Current Liabilities | ||||||||||
| Account Payables | 21.6 | 31.8 | 25.4 | 11.4 | 17.5 | 11.2 | 34.0 | 25.9 | 21.6 | 30.7 |
| Short-Term Debt | 27.1 | 52.9 | 26.1 | 26.1 | 25.9 | 34.6 | 34.0 | 33.9 | 30.1 | 46.1 |
| Deferred Revenue | 0 | 25.0 | 20.2 | 50.5 | 50.6 | 47.6 | 22.2 | 18.6 | 13.9 | 16.3 |
| Other Current Liabilities | 314.5 | 130.2 | 0 | 68.8 | 15.4 | 3.7 | 124.8 | 108.9 | 39.7 | 18.7 |
| Total Current Liabilities | 363.2 | 325.2 | 349.2 | 293.2 | 204.8 | 200.3 | 276.0 | 333.7 | 239.2 | 246.8 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 31.1 | 3,354.6 | 3,301.7 | 2,958.7 | 2,827.6 | 2,879.2 | 2,999.3 | 2,821.5 | 2,587.7 | 2,376.2 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3,440.5 | 30.8 | 59.7 | 31.9 | 36.0 | 44.9 | 56.3 | 37.4 | 155.4 | 269.8 |
| Total Non-Current Liabilities | 3,471.6 | 3,413.5 | 3,361.4 | 3,020.3 | 2,885.5 | 2,935.1 | 3,055.6 | 2,858.8 | 2,743.2 | 2,646.0 |
| Total Liabilities | 3,834.8 | 3,738.7 | 3,710.6 | 3,313.5 | 3,090.3 | 3,135.3 | 3,331.6 | 3,192.5 | 2,982.3 | 2,892.8 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
| Retained Earnings | 207.7 | 195.8 | 160.9 | 43.2 | 3.9 | (33.1) | 124.4 | 155.9 | 25.7 | 17.6 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | (0.6) | (0.6) | 1.1 | 2.5 | 2.5 |
| Total Stockholders' Equity | 208.3 | 215.1 | 168.8 | 43.8 | 59.5 | 352.6 | 500.7 | 519.6 | 381.8 | 349.7 |
| Total Liabilities & Equity | 4,167.1 | 4,045.5 | 3,954.5 | 3,345.8 | 3,140.3 | 3,740.0 | 4,114.2 | 4,009.5 | 3,619.6 | 3,526.2 |
| Debt Metrics | ||||||||||
| Total Debt | 58.2 | 3,442.1 | 3,333.9 | 3,019.2 | 2,878.4 | 2,927.7 | 3,036.9 | 2,855.4 | 2,617.8 | 2,422.3 |
| Net Debt | (84.3) | 3,277.7 | 3,196.3 | 2,901.9 | 2,603.1 | 2,806.5 | 2,908.1 | 2,740.8 | 2,386.4 | 2,288.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 188.1 | 291.3 | 176.0 | 205.5 | 354.8 | (174.5) | (6.7) | 219.5 | 63.0 | 155.8 |
| Depreciation & Amortization | 204.5 | 187.1 | 132.5 | 128.4 | 157.8 | 231.4 | 222.2 | 180.3 | 178.2 | 156.7 |
| Stock-Based Compensation | 32.1 | 30.9 | 19.7 | 17.5 | 12.7 | 10.9 | 16.8 | 11.3 | 7.9 | (11.8) |
| Change in Working Capital | (5.5) | 33.6 | (4.0) | (11.0) | (18.0) | (17.4) | 24.6 | (6.5) | (3.9) | (1.0) |
| Other Non-Cash Items | 165.2 | 14.4 | 134.2 | 189.9 | 176.8 | 48.4 | 61.5 | 8.3 | 46.9 | 39.7 |
| Operating Cash Flow | 609.5 | 548.3 | 494.3 | 542.2 | 610.0 | 212.8 | 316.6 | 346.0 | 289.1 | 346.2 |
| Investing Activities | ||||||||||
| Capital Expenditure | (320.6) | (298.8) | (701.6) | (561.3) | (65.9) | (58.5) | (410.6) | (615.4) | (248.4) | (162.4) |
| Acquisitions | 105.3 | 0 | 0 | 121.6 | 678.4 | 0.6 | 0 | 4.7 | (23.4) | (305.9) |
| Purchases of Investments | 0 | 0 | 0 | 0 | (13.5) | (14.0) | 0 | 0 | 1.0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | (664.9) | 0 | 11.0 | 9.8 | 0.6 | 0 |
| Other Investing Activities | (1.5) | (306.8) | 47.8 | (2.4) | 652.2 | 2.4 | (358.8) | (1.1) | (11.4) | 24.2 |
| Investing Cash Flow | (251.4) | (321.8) | (653.9) | (442.1) | 586.3 | (69.6) | (405.1) | (606.7) | (281.7) | (444.1) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (15.8) | 89.8 | 337.7 | 124.7 | (58.7) | (123.7) | 147.4 | 216.4 | 195.8 | 278.8 |
| Stock Repurchased | (79.0) | (3.9) | (14.7) | (141.5) | (500.2) | (0.2) | (0.4) | 0 | (4.5) | 0 |
| Dividends Paid | (120.8) | (118.4) | (58.6) | (116.7) | (203.8) | (7.3) | (27.9) | (27.7) | (27.0) | (10.6) |
| Other Financing Activities | (164.4) | (167.1) | (84.6) | (152.1) | (251.3) | (19.3) | (16.0) | (44.5) | (78.5) | (685.0) |
| Financing Cash Flow | (380.1) | (199.7) | 179.8 | (290.0) | (1,014.7) | (150.4) | 103.2 | 144.2 | 90.3 | 115.0 |
| Cash Position | ||||||||||
| Net Change in Cash | (21.9) | 26.8 | 20.3 | (190.0) | 181.6 | (7.2) | 14.7 | (116.5) | 97.7 | 17.2 |
| Cash at Beginning | 164.4 | 137.6 | 117.3 | 307.3 | 125.7 | 132.9 | 118.3 | 234.7 | 133.8 | 116.6 |
| Cash at End | 142.5 | 164.4 | 137.6 | 117.3 | 307.3 | 125.7 | 132.9 | 118.3 | 231.5 | 133.8 |
| Free Cash Flow | 288.9 | 249.4 | (207.3) | (19.1) | 544.0 | 154.3 | (94.0) | (269.4) | 40.6 | 183.8 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 2,011.5 | 1,939.0 | 1,724.1 | 1,663.8 | 1,617.9 | 1,182.4 | 1,856.5 | 1,681.0 | 1,615.6 | 1,452.4 | 1,352.1 | 1,291.6 | 1,256.1 | 1,230.2 |
| Gross Profit | 1,057.8 | 1,194.8 | 1,097.7 | 1,075.1 | 1,065.4 | 681.1 | 906.3 | 887.0 | 880.3 | 817.1 | 769.9 | 718.5 | 685.1 | 628.2 |
| Operating Income | 597.4 | 568.7 | 558.7 | 561.3 | 401.5 | 89.7 | 187.9 | 372.2 | 330.4 | 309.4 | 287.2 | 237.1 | 215.0 | 170.4 |
| Net Income | 188.1 | 154.1 | 176.0 | 205.5 | 241.8 | (150.4) | (3.4) | 157.5 | 35.2 | 92.0 | 137.7 | 100.5 | (95.0) | 21.1 |
| EPS (Diluted) | 3.12 | 2.53 | 2.94 | 3.36 | 2.84 | -1.28 | -0.06 | 1.35 | 0.42 | 1.03 | 0.39 | 2.58 | -2.44 | 0.54 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 142.5 | 164.4 | 137.6 | 117.3 | 275.3 | 121.2 | 128.8 | 114.6 | 231.5 | 133.8 | ||||
| Total Assets | 4,167.1 | 4,045.5 | 3,954.5 | 3,345.8 | 3,140.3 | 3,740.0 | 4,114.2 | 4,009.5 | 3,619.6 | 3,526.2 | ||||
| Total Debt | 58.2 | 3,442.1 | 3,333.9 | 3,019.2 | 2,878.4 | 2,927.7 | 3,036.9 | 2,855.4 | 2,617.8 | 2,422.3 | ||||
| Stockholders' Equity | 208.3 | 215.1 | 168.8 | 43.8 | 59.5 | 352.6 | 500.7 | 519.6 | 381.8 | 349.7 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 609.5 | 548.3 | 494.3 | 542.2 | 610.0 | 212.8 | 316.6 | 346.0 | 289.1 | 346.2 | ||||
| Capital Expenditure | (320.6) | (298.8) | (701.6) | (561.3) | (65.9) | (58.5) | (410.6) | (615.4) | (248.4) | (162.4) | ||||
| Free Cash Flow | 288.9 | 249.4 | (207.3) | (19.1) | 544.0 | 154.3 | (94.0) | (269.4) | 40.6 | 183.8 | ||||