See more : Alten S.A. (0O1S.L) Income Statement Analysis – Financial Results
Complete financial analysis of Red Rock Resorts, Inc. (RRR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Red Rock Resorts, Inc., a leading company in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector.
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Red Rock Resorts, Inc. (RRR)
Industry: Gambling, Resorts & Casinos
Sector: Consumer Cyclical
Website: https://www.redrockresorts.com
About Red Rock Resorts, Inc.
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 9 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. As of December 31, 2021, it operated approximately 13,894 slot machines, 240 table games, and 3,081 hotel rooms in the Las Vegas 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 incorporated in 1976 and is based in Las Vegas, Nevada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.72B | 1.66B | 1.62B | 1.18B | 1.86B | 1.68B | 1.62B | 1.45B | 1.35B | 1.29B | 1.26B | 1.23B |
| Cost of Revenue | 626.39M | 588.72M | 552.49M | 501.30M | 949.94M | 794.06M | 735.30M | 635.29M | 582.24M | 573.14M | 571.08M | 602.04M |
| Gross Profit | 1.10B | 1.08B | 1.07B | 681.15M | 906.59M | 886.97M | 880.32M | 817.14M | 769.89M | 718.48M | 685.05M | 628.18M |
| Gross Profit Ratio | 63.67% | 64.62% | 65.85% | 57.60% | 48.83% | 52.76% | 54.49% | 56.26% | 56.94% | 55.63% | 54.54% | 51.06% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 364.18M | 341.74M | 332.81M | 314.44M | 384.68M | 390.49M | 379.25M | 325.69M | 0.00 | 0.00 | 0.00 | 191.23M |
| Selling & Marketing | 10.32M | 11.31M | 14.28M | 10.21M | 31.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 116.93M |
| SG&A | 374.49M | 353.04M | 347.09M | 324.64M | 416.36M | 390.49M | 379.25M | 325.69M | 327.86M | 320.12M | 327.82M | 308.16M |
| Other Expenses | 164.51M | 128.37M | 157.79M | 231.39M | 222.11M | -354.00K | -29.58M | -24.60M | -895.00K | 49.79M | 16.07M | 96.24M |
| Operating Expenses | 535.91M | 481.41M | 504.88M | 556.04M | 638.47M | 480.11M | 418.16M | 483.09M | 466.89M | 448.72M | 457.00M | 437.74M |
| Cost & Expenses | 1.16B | 1.07B | 1.06B | 1.06B | 1.59B | 1.27B | 1.15B | 1.12B | 1.05B | 1.02B | 1.03B | 1.04B |
| Interest Income | 0.00 | 129.89M | 103.42M | 150.06M | 176.15M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 181.02M | 129.89M | 103.21M | 128.47M | 156.68M | 143.10M | 131.44M | 140.19M | 144.49M | 151.70M | 165.22M | 189.78M |
| Depreciation & Amortization | 132.54M | 128.37M | 157.79M | 231.39M | 222.21M | 180.26M | 178.22M | 156.67M | 137.87M | 132.04M | 134.05M | 132.30M |
| EBITDA | 694.32M | 722.03M | 718.32M | 300.79M | 489.91M | 496.21M | 501.60M | 491.66M | 442.03M | 401.80M | 362.11M | 354.59M |
| EBITDA Ratio | 40.27% | 43.61% | 44.45% | 30.21% | 26.50% | 35.03% | 39.74% | 33.92% | 32.60% | 35.03% | 30.23% | 34.20% |
| Operating Income | 558.69M | 561.30M | 561.44M | 125.88M | 269.74M | 372.21M | 330.40M | 309.45M | 287.19M | 237.06M | 214.98M | 170.42M |
| Operating Income Ratio | 32.40% | 33.74% | 34.70% | 10.65% | 14.53% | 22.14% | 20.45% | 21.31% | 21.24% | 18.35% | 17.11% | 13.85% |
| Total Other Income/Expenses | -177.93M | -126.42M | -116.00M | -149.05M | -194.47M | -128.85M | -134.59M | -147.64M | -144.58M | -106.85M | -295.67M | -137.91M |
| Income Before Tax | 380.76M | 434.88M | 285.54M | -60.46M | -8.47M | 243.36M | 197.79M | 163.99M | 143.42M | 131.14M | -79.09M | 32.51M |
| Income Before Tax Ratio | 22.08% | 26.14% | 17.65% | -5.11% | -0.46% | 14.48% | 12.24% | 11.29% | 10.61% | 10.15% | -6.30% | 2.64% |
| Income Tax Expense | 42.98M | 44.53M | -69.29M | 114.08M | -1.73M | 23.88M | 134.76M | 8.21M | 149.53M | 136.52M | 323.05M | 149.31M |
| Net Income | 176.00M | 390.35M | 354.83M | -174.54M | -6.74M | 157.54M | 35.15M | 91.97M | 137.66M | 100.54M | -95.00M | 21.12M |
| Net Income Ratio | 10.21% | 23.46% | 21.93% | -14.76% | -0.36% | 9.37% | 2.18% | 6.33% | 10.18% | 7.78% | -7.56% | 1.72% |
| EPS | 5.25 | 6.62 | 5.14 | -2.47 | -0.10 | 1.35 | 0.52 | 1.03 | 0.39 | 2.58 | -2.44 | 0.54 |
| EPS Diluted | 2.94 | 3.73 | 3.05 | -2.47 | -0.10 | 1.35 | 0.42 | 1.03 | 0.39 | 2.58 | -2.44 | 0.54 |
| Weighted Avg Shares Out | 57.88M | 58.98M | 69.07M | 70.54M | 69.57M | 116.86M | 67.40M | 34.14M | 38.97M | 38.97M | 38.97M | 38.97M |
| Weighted Avg Shares Out (Dil) | 103.22M | 104.66M | 116.45M | 70.54M | 69.57M | 116.86M | 115.93M | 34.29M | 38.97M | 38.97M | 38.97M | 38.97M |
What's in Store for Red Rock Resorts (RRR) in Q4 Earnings?
Red Rock Resorts' (RRR) fourth-quarter 2022 performance is likely to have benefited from strong spending per visit across its portfolio and digitalization.
Why Red Rock Resorts (RRR) Could Beat Earnings Estimates Again
Red Rock Resorts (RRR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Red Rock Resorts (RRR) Earnings Expected to Grow: Should You Buy?
Red Rock Resorts (RRR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Red Rock Resorts (RRR) Banks on Development Projects, Costs High
Red Rock Resorts' (RRR) emphasis on streamlining operations and optimizing marketing initiatives bodes well. However, inflationary pressures are a headwind.
Red Rock Resorts Announces Fourth Quarter and Full Year 2022 Conference Call and Earnings Release Date
LAS VEGAS , Jan. 9, 2023 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the fourth quarter and full year 2022 on...
Best Income Stocks to Buy for December 28th
RRR, SCHN and ADT made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 28, 2022.
Here's Why You Should Retain Red Rock Resorts' (RRR) Stock
Red Rock Resorts (RRR) intends to divest certain land parcels to reposition its real estate portfolio for growth. However, inflationary pressures are a headwind.
Red Rock Resorts Remains Solid Long-Term Holding
The company will experience some short-term ups and downs, but long-term remains a good stock to own. With its strong liquidity position, it is prepared to endure any prolonged effects from a weakening economy, and tightening of consumers' wallets.
Red Rock Resorts, Inc. (RRR) Q3 2022 Earnings Call Transcript
Red Rock Resorts, Inc. (NASDAQ:RRR ) Q3 2022 Results Conference Call October 27, 2022 8:30 AM ET Company Participants Stephen Cootey - EVP, CFO and Treasurer Frank Fertitta - Chairman and CEO Scott Kreeger - President Lorenzo Fertitta - Vice...
Red Rock Resorts (RRR) Q3 Earnings & Revenues Top Estimates
Red Rock Resorts' (RRR) third-quarter 2022 top line reflects dismal contributions from Las Vegas operations.
Source: https://incomestatements.info
Category: Stock Reports