Similar companies
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 1.84B | 8.6% |
| Gross Profit | 803M | 12.2% |
| Cost of Revenue | 1.04B | 6% |
| Operating expense | 436M | 25.1% |
| Net Income | 277M | 964.1% |
| EBITDA | 596M | 77.4% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 13B | 8% |
| Total Liabilities | 13.9B | 8.1% |
| Shares Outstanding | 109M | 1% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 479M | 71.5% |
| Cash from financing | -1.46B | 360.9% |
EPS
Financial Highlights for Wynn Resorts in Q4 '24
Wynn Resorts reported a revenue of 1.84B, which is a 8.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 803M, marking a 12.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.04B, a 6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 436M, showing a -25.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 277M, showing a 964.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 596M, showing a 77.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Wynn Resorts with growth in revenue, gross profit, and net income.
