Wynn Resorts (WYNN)
Consumer Discretionary · Luxury integrated resort gaming and hospitality
Luxury integrated resort operator commanding premium properties in Las Vegas, Macau, and Boston with high-margin gaming and hospitality revenue.
What Wynn Resorts does
Wynn Resorts designs, develops, and operates integrated resorts featuring luxury hotels, high-end retail, diverse dining and entertainment, convention facilities, and gaming operations. The company operates Wynn Las Vegas and Encore Boston Harbor in North America, maintains a 72% stake in operations across Macau (Wynn Palace and Wynn Macau), and holds a 40% equity interest in a development project in the UAE expected to open in 2027. Revenue is generated from casino gaming, hotel rooms, food and beverage, and entertainment and retail, with Q1 2026 revenues of $1.86 billion.
Themes: ["Luxury hospitality","Casino gaming","International tourism","High-net-worth customer segments","Resort development","Macau gaming operations","Las Vegas tourism"]
Fundamentals
- Price$97.93 as of 2026-07-08 close
- Market cap$10.1B as of 2026-07-09
- 1-year return-11.3% as of 2026-07-08 close
- P/E26.94 as of 2026-07-09
- Net margin+5.1% as of 2026-07-09
- Gross margin+40.9% as of 2026-07-09
- ROE-244.7% as of 2026-07-09
- Debt / equity115.74 as of 2026-07-09
- Revenue growth (YoY)+4.7% as of 2026-07-09
- Revenue CAGR (3y)+18.1% SEC XBRL
- Beta1.01 as of 2026-07-09
Dividend: yield +1.0%; 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Significant leverage with $9.98 billion in long-term debt as of March 31, 2026, creating vulnerability to interest rate increases and refinancing risk","Heavy geographic concentration in Macau (approximately 72% ownership of WML), exposing the company to Chinese regulatory changes and regional economic volatility","Cyclical consumer discretionary business dependent on consumer spending, tourism patterns, and economic conditions in key markets"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-09. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.