YOLFTbeta
Red Rock Resorts Inc

Red Rock Resorts Inc

RRR · NASDAQ · Consumer Cyclical / Resorts & Casinos

48.86USD-0.33 (-0.67%)

Price History

Full chart

Market Stats

Previous Close49.19
Open49.63
Day Range48.15 – 49.63
52-Week Range47.78 – 67.79
Volume730.37K
Market Cap5.18B
P/E (TTM)17.94
Forward P/E16.29
EPS2.83
Dividend Yield2.05%
Beta1.31
50-Day Avg59.64
200-Day Avg59.60

About

Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States. It owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada.

Company Details

  • SectorConsumer Cyclical
  • IndustryResorts & Casinos
  • CEOMr. Frank J. Fertitta III
  • Employees9.50K
  • Headquarters1505 South Pavilion Center Drive, Las Vegas, NV, United States, 89135, USA
  • Websitehttps://www.redrockresorts.com

Leadership

  • Mr. Frank J. Fertitta IIIChairman & CEO · b. 1962
  • Mr. Lorenzo J. FertittaVP & Vice Chairman of the Board · b. 1969
  • Mr. Scott KreegerPresident · b. 1966
  • Mr. Stephen CooteyExecutive VP, CFO & Treasurer · b. 1969
  • Mr. Kord NicholsExecutive VP & COO · b. 1982
  • Mr. Jeffrey T. WelchExecutive VP & Chief Legal Officer · b. 1962
  • Wes AllisonChief Accounting Officer
  • Mr. Daniel P. FoleyVice President of Finance & Investor Relations · b. 1977

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.23B1.26B1.29B1.35B1.45B1.62B1.68B1.86B1.18B1.62B1.66B1.72B1.94B2.01B
Growth (%)-+2.11%+2.82%+4.69%+7.42%+11.24%+4.05%+10.44%-36.31%+36.83%+2.84%+3.62%+12.47%+3.74%
Cost of Revenue602.04M571.08M573.14M582.24M635.29M735.30M794.06M950.27M501.30M552.49M588.72M626.39M744.23M953.71M
Gross Profit628.18M685.05M718.48M769.89M817.14M880.32M886.97M906.26M681.15M1.07B1.08B1.10B1.19B1.06B
Gross Margin51.06%54.54%55.63%56.94%56.26%54.49%52.76%48.81%57.60%65.85%64.62%63.67%61.62%52.59%
Operating Expense457.76M470.08M481.42M482.70M507.69M549.92M514.76M718.33M591.46M663.87M513.77M539.01M626.09M460.34M
Operating Income170.42M214.98M237.06M287.19M309.45M330.40M372.21M187.93M89.69M401.54M561.30M558.69M568.69M597.43M
Operating Margin13.85%17.11%18.35%21.24%21.31%20.45%22.14%10.12%7.58%24.82%33.74%32.40%29.33%29.70%
EBITDA354.59M362.11M401.80M442.03M491.66M501.60M496.21M489.91M356.50M546.54M693.14M694.32M744.12M801.60M
EBITDA Margin28.82%28.83%31.11%32.69%33.85%31.05%29.52%26.39%30.15%33.78%41.66%40.27%38.38%39.85%
Net Income21.11M-95.00M100.54M137.66M91.97M35.15M157.54M-3.35M-150.40M241.85M205.46M176.00M154.05M188.07M
Net Income Margin1.72%-7.56%7.78%10.18%6.33%2.18%9.37%-0.18%-12.72%14.95%12.35%10.21%7.94%9.35%
R&D----000-------
R&D as % of Total Revenue----0.00%0.00%0.00%-------
Interest Expense189.78M165.22M151.70M144.49M140.19M131.44M143.10M156.68M128.47M103.21M129.89M181.02M228.80M201.88M
Interest Expense % of Total Revenue15.43%13.15%11.75%10.69%9.65%8.14%8.51%8.44%10.86%6.38%7.81%10.50%11.80%10.04%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-3.10B3.00B2.93B3.53B3.62B4.01B4.11B3.74B3.14B3.35B3.95B4.05B4.17B
Total Liabilities-2.41B2.35B2.36B2.89B2.98B3.19B3.33B3.14B3.09B3.31B3.71B3.74B3.83B
Total Equity-655.29M617.94M552.92M349.75M381.82M519.62M500.72M352.60M59.49M43.78M168.84M306.83M208.33M
Cash-133.60M122.58M116.43M133.78M231.47M114.61M128.84M121.18M275.28M117.29M137.59M164.38M142.47M
Total Debt-2.22B2.17B2.16B2.42B2.62B2.86B3.04B2.93B2.88B3.02B3.33B52.91M58.18M
Net Debt-2.09B2.04B2.04B2.29B2.39B2.74B2.91B2.81B2.60B2.90B3.20B3.28B-84.29M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow217.84M250.69M269.79M349.44M346.21M289.06M346.01M316.63M212.79M609.96M542.22M494.34M548.26M609.51M
Investing Cash Flow97.10M-94.24M-42.89M-106.27M-444.10M-281.65M-606.68M-405.14M-69.56M586.26M-442.14M-653.85M-321.79M-251.36M
Financing Cash Flow-279.97M-148.54M-241.67M-249.86M115.04M90.28M144.19M103.16M-150.44M-1.01B-290.05M179.81M-199.67M-380.07M
Capital Expenditure62.05M86.73M102.75M129.93M162.38M248.43M615.39M410.62M58.50M65.94M561.35M701.62M298.84M320.65M
Free Cash Flow155.79M163.96M167.04M219.51M183.83M40.63M-269.39M-93.99M154.29M544.02M-19.12M-207.29M249.42M288.87M
Dividends Paid25.93M69.23M153.32M211.25M10.64M26.98M27.70M27.90M7.31M203.83M116.67M58.59M118.40M120.80M
FCF to OCF71.52%65.40%61.92%62.82%53.10%14.06%-77.86%-29.68%72.51%89.19%-3.53%-41.93%45.49%47.39%
Dividend Paid to FCF16.64%42.22%91.78%96.23%5.79%66.40%-10.28%-29.68%4.74%37.47%-610.13%-28.27%47.47%41.82%

Earnings

Report DateMay 12, 2016Aug 15, 2016Nov 7, 2016Mar 7, 2017May 4, 2017Aug 8, 2017Nov 7, 2017Feb 27, 2018May 1, 2018Jul 31, 2018Nov 7, 2018Feb 12, 2019Apr 30, 2019Aug 6, 2019Nov 5, 2019Feb 4, 2020May 19, 2020Aug 4, 2020Oct 27, 2020Feb 9, 2021May 4, 2021Jul 28, 2021Nov 2, 2021Feb 2, 2022May 3, 2022Aug 9, 2022Oct 27, 2022Feb 7, 2023May 4, 2023Aug 3, 2023Nov 7, 2023Feb 7, 2024May 7, 2024Jul 23, 2024Nov 7, 2024Feb 11, 2025May 1, 2025Jul 29, 2025Oct 28, 2025Feb 10, 2026Apr 29, 2026Aug 4, 2026Oct 27, 2026
EPS Estimate0.330.340.190.350.320.300.180.270.370.250.290.320.410.210.120.28-0.02-0.910.040.290.320.370.760.510.620.840.610.520.490.460.400.430.520.450.420.470.450.410.520.650.540.330.23
EPS Actual0.010.600.230.370.300.880.160.270.220.190.140.320.34-0.060.270.330.02-0.940.380.391.601.130.641.270.911.310.830.310.430.650.470.440.560.650.340.390.510.480.420.500.730.67-
Surprise-96.97%76.47%21.05%5.71%-6.25%193.33%-11.11%0.00%-40.54%-24.00%-51.72%0.00%-17.07%-128.57%125.00%17.86%200.00%-3.30%850.00%34.48%400.00%205.41%-15.79%149.02%46.77%55.95%36.07%-40.38%-12.24%41.30%17.50%2.33%7.69%44.44%-19.05%-17.02%13.33%17.07%-19.23%-23.08%35.19%103.03%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap5.18B
Enterprise Value6.51B
Trailing P/E17.94
Forward P/E16.29
PEG Ratio1.69
Price / Sales2.58
Price / Book17.60
EPS2.83
Book Value2.95
Revenue (TTM)2.00B
Gross Profit (TTM)1.35B
EBITDA789.66M
Profit Margin8.43%
Operating Margin26.65%
Return on Equity108.94%
Return on Assets8.54%
Shares Outstanding59.13M
Shares Float46.89M
Beta1.31
Dividend Yield2.05%
Dividend Rate1.04
Payout Ratio76.72%

Analyst Ratings

Buy
Based on 12 analystsTarget 73.39
  • Strong Buy
    5
  • Buy
    2
  • Hold
    5

Ownership Breakdown

Institutions
91.43%
Insiders
9.66%
Retail / Other
0.00%

Top Institutional Holders

  • BAMCO Inc
    13.41M22.68%
  • BlackRock Inc
    7.21M12.19%
  • Vanguard Portfolio Management, LLC
    3.54M5.99%
  • Vanguard Capital Management, LLC
    2.32M3.92%
  • Amvescap Plc.
    2.24M3.79%
  • FMR Inc
    1.88M3.18%
  • State Street Corp
    1.86M3.15%
  • Diamond Hill Capital Management, LLC
    1.86M3.14%
  • Fuller & Thaler Asset Management Inc
    1.30M2.20%
  • Geode Capital Management, LLC
    1.27M2.15%
  • Westfield Capital Management Company, L.P.
    1.26M2.13%
  • Arrowstreet Capital Limited Partnership
    1.10M1.86%

Top Fund Holders

  • Baron Partners Retail
    5.62M9.51%
  • iShares Core S&P Small-Cap ETF
    2.89M4.89%
  • Baron Focused Growth Retail
    2.66M4.49%
  • Baron Generational Growth Retail
    2.35M3.97%
  • Baron Small Cap Retail
    2.23M3.76%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.68M2.84%
  • iShares Russell 2000 ETF
    1.24M2.09%
  • Vanguard Small Cap Index
    1.21M2.05%

Dividends

20264×
0.26Sep 15, 20260.26Jun 15, 20260.26Mar 16, 20261.00Feb 20, 2026
20255×
0.26Dec 15, 20250.25Sep 15, 20250.25Jun 16, 20251.00May 14, 20250.25Mar 17, 2025
20245×
0.25Dec 16, 20240.25Sep 16, 20240.25Jun 14, 20240.25Mar 14, 20241.00Feb 21, 2024
20234×
0.25Dec 14, 20230.25Sep 14, 20230.25Jun 14, 20230.25Mar 14, 2023
20225×
0.25Dec 14, 20221.00Nov 29, 20220.25Sep 14, 20220.25Jun 15, 20220.25Mar 14, 2022
20211×
3.00Nov 22, 2021