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Red Rock Resorts, Inc. (RRR)

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Red Rock Resorts, Inc. (RRR) reported revenue of $510 million for Q2 FY2026, the quarter ended 30 June 2026, down 3.0% on the same quarter a year earlier. Net income was $39 million, down 30.6% on the year, and diluted earnings per share $0.67. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$510 milliondown 3.0%
Net income$39 milliondown 30.6%
Diluted EPS$0.67
QuarterQ2 FY2026ended 30 June 2026

Red Rock Resorts (RRR) in brief

Red Rock Resorts (RRR) reported revenue of $2.0 billion for fiscal 2025, the year ended 31 December 2025, up 3.7% on the year before.
Read moreNet income was $188 million and diluted earnings per share $3.12. Revenue was $1.9 billion in fiscal 2024, $1.7 billion in fiscal 2023, $1.7 billion in fiscal 2022 and $1.6 billion in fiscal 2021. Net income in the same years was $154 million, $176 million, $205 million and $242 million. Over the twelve months to 30 June 2026, Red Rock Resorts reported revenue of $2.0 billion and net income of $169 million. Revenue grew 11.2% a year, compounded, over the five years to fiscal 2025. Red Rock Resorts declared $1.00 a share in dividends over the last four quarters. At 30 June 2026 it carried $3.6 billion of debt and $136 million of cash. At the close of 9 October 2026 the market cap of Red Rock Resorts was $2.9 billion, 17.5 times its earnings over the last twelve months.

Ratios

From the filings

ROE98.7%
ROCE14.9%
Operating margin27.7%
Net margin8.4%
FCF margin9.6%
Interest cover2.78
Debt to equity20.83
Cash conversion3.69
Share count, 1 yearn/a
Sales CAGR, 3 years6.5%
Profit CAGR, 3 years-2.9%
EPS, TTM$2.83

At the close of 9 October 2026

Price$49.52
Market cap$2.9 billion
Stock P/E17.50
Price to book17.02
EV / EBITDA8.22
Dividend yield2.0%
Market cap / sales1.45
52-week high$67.26
52-week low$48.76
Price, 1 year-13.9%
Price CAGR, 3 years6.2%
Price CAGR, 5 years-1.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Red Rock Resorts, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
RRRgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on RRR

Filings12 in twelve months: 6 current reports (8-K), about 4 results of operations; 1 officer or director change; 1 shareholder vote; 1 other events
Planned insider sales3 Form 144 notices in twelve months, $3.0 million; latest 1 September 2026
Options tapeput/call 2.27 by open interest at the 9 October 2026 close; the straddle prices a 4.1% move to 16 October 2026
13F holders6 of the followed funds hold it; largest FMR LLC; 8 Schedule 13D or 13G filings in twelve months
Insider trading3 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest3.9 million shares short, 2.89 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue412463489486468496498526476512507510
SG&A91.896.7105111109107105112113112114118
Operating income123172156140131142154168131144144136
Operating margin30%37%32%29%28%29%31%32%28%28%28%27%
Interest expense45.548.757.257.458.056.251.150.650.549.649.549.6
Pre-tax income77.712484.681.663.498.598.812483.595.995.890.1
Tax rate12%12%7%14%13%11%13%13%8%12%14%15%
Net income35.556.342.835.729.046.644.756.442.344.742.939.1
Net margin9%12%9%7%6%9%9%11%9%9%8%8%
Diluted EPS$0.60$0.95$0.68$0.59$0.48$0.76$0.75$0.95$0.68$0.75$0.73$0.67
Operating cash flow100159126143131148126158168157140158
Capital expenditure13518798.178.680.326.968.278.293.778.9117140
Free cash flow-35.2-28.128.464.050.712158.080.374.677.722.618.2
Buybacks0.00.0n/an/a0.0n/a0.030.90.048.238.30.0
Dividends paid14.514.674.114.814.814.815.974.514.915.475.315.3
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Revenue1,2921,3521,4761,6421,6811,8571,1821,6181,6641,7241,9392,0112,005
Selling, general and administrative320328327381390416325347353374432441457
Operating income23728730933137218688.6402561559569597555
Operating margin18.4%21.2%21.0%20.2%22.1%10.0%7.5%24.8%33.7%32.4%29.3%29.7%27.7%
Interest expense152144140131143157128103130181229202199
Pre-tax income131143164198243-8.5-60.5286435381328402365
Income tax0.00.08.213523.9-1.7114-69.344.543.036.946.644.5
Effective tax rate0.0%0.0%5.0%67.9%9.8%n/an/a-24.3%10.2%11.3%11.2%11.6%12.2%
Net income10113892.035.4158-3.4-150242205176154188169
Net margin7.8%10.2%6.2%2.2%9.4%-0.2%-12.7%14.9%12.3%10.2%7.9%9.3%8.4%
Diluted EPS$1.12$1.53$1.03$0.42$1.77-$0.05-$2.13$2.84$3.36$2.94$2.53$3.12$2.83
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2023FY2024FY2025Share
latest year
Las Vegas Operations1,7101,9261,98299.1%
Native American Management0.00.017.60.9%
Las Vegas OperationsNative American Management
1,710FY20231,926FY20241,999FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Casino1,1321,2771,34166.6%
Food and beverage31436036218.0%
Room183n/a1909.5%
Other95.21011015.0%
Management Service0.00.017.60.9%
Complimentary Goods and Servicesn/a200n/a0.0%
CasinoFood and beverageRoomOtherManagement ServiceComplimentary Goods and Services
1,724FY20231,938FY20242,011FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Operating cash flow270349346290346317213610542494548610623
Capital expenditure10313016224857935358.561.3329700284319430
Free cash flow16722018441.5-233-36.6154549214-205264291193
Free cash flow margin12.9%16.2%12.5%2.5%-13.9%-2.0%13.0%33.9%12.8%-11.9%13.6%14.4%9.6%
Cash from investing-42.9-106-442-282-607-405-69.6586-442-654-322-246-432
Cash from financing-242-25011590.3144103-150-1,015-290180-200-386-199
Depreciation and amortisation128138157178180222231158128133187197216
Share-based compensation12.819.76.97.911.316.810.912.717.519.730.932.133.3
Buybacksn/an/an/an/an/a0.40.05011420.03.979.086.5
Dividends paid0.00.010.627.027.727.97.320411758.6118121121
Dividend per sharen/an/a$0.20$0.40$0.40$0.40$0.10$3.00$1.00n/an/an/an/a
Diluted shares, weighted10m10m34m116m117m70m71m116m105m103m104m103m59m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity64455335037952050135359.543.8169215208171
Non-controlling interestn/a20.8284253297282252-9.5-11.575.091.8124121
Debtn/a2,1552,4222,6182,8553,0332,9022,8542,9853,3283,4073,3963,563
Operating lease liabilitiesn/an/an/an/an/a10.710.921.929.729.428.128.7n/a
Finance lease liabilitiesn/an/an/an/an/an/an/an/an/an/a0.031.136.1
Other liabilitiesn/a203471370337288222215299353303379475
Total liabilities and equityn/a2,9323,5263,6204,0104,1143,7403,1403,3463,9554,0464,1674,365
Owned
Fixed assetsn/a2,1412,4382,5423,0123,0622,8582,0102,1952,7722,7822,9723,171
Goodwilln/a196196196196196196196196196196196196
Intangible assetsn/a15014912811710910187.284.482.881.280.179.3
Cash and equivalentsn/a116134231115129121275117138164142136
Receivablesn/a35.543.548.751.356.735.136.743.661.964.473.966.7
Inventoryn/a10.312.012.614.917.813.111.713.215.316.417.917.5
Other assetsn/a284554461503545416524697689742685698
Total assetsn/a2,9323,5263,6204,0104,1143,7403,1403,3463,9554,0464,1674,365
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded4.1%11.2%6.5%0.9%
Profit growth, compounded3.2%n/a-2.9%-4.4%
Return on equity, average116.5%228.4%88.7%90.3%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Red Rock Resorts' revenue in fiscal 2025?

Red Rock Resorts (RRR) reported revenue of $2.0 billion for fiscal 2025, the year ended 31 December 2025, up 3.7% on the year before.

How much did Red Rock Resorts earn in fiscal 2025?

Net income was $188 million for fiscal 2025, and diluted earnings per share $3.12.

What is Red Rock Resorts' P/E ratio?

At the close of 9 October 2026, Red Rock Resorts traded at 17.5 times its earnings over the twelve months to 30 June 2026.

What is Red Rock Resorts' market cap?

The market cap of Red Rock Resorts was $2.9 billion at the close of 9 October 2026.

Does Red Rock Resorts pay a dividend?

Yes. Red Rock Resorts declared $1.00 a share in dividends over the four quarters to 30 June 2026.

Peers: Restaurants, Hotels, Motels

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Marriott International Inc. MAR$95.4 billion37.92n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$73.7 billion47.95n/a23.3%8.7%n/a0.2%
InterContinental Hotels Group PLC IHG *$24.4 billion33.05n/a23.1%5.4%n/a1.1%
Las Vegas Sands Corp. LVS$23.4 billion14.07297.2%21.5%18.1%23.572.8%
Hyatt Hotels Corp. H$15.7 billion197.462.4%n/a5.8%1.110.4%
Wynn Resorts Ltd. WYNN$7.8 billion18.65n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.4 billion17.7316.9%5.7%3.2%2.410.0%
Caesars Entertainment, Inc. CZR$6.0 billionn/a-13.8%15.9%2.4%3.50n/a
Wyndham Hotels & Resorts, Inc. WH$5.5 billion27.2343.3%30.2%-2.1%5.532.2%
Boyd Gaming Corp. BYD$5.0 billion3.0372.7%16.4%1.7%1.051.0%
Choice Hotels International Inc. CHH$4.8 billion14.92230.9%25.2%2.6%14.081.1%
Travel & Leisure Co. TNL$3.8 billion17.12n/a13.7%4.5%n/a3.7%
All 36 in Restaurants, Hotels, Motels
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$166.5 billion19.11n/a46.2%6.3%n/a3.0%
Starbucks Corp. SBUX$103.5 billion52.16n/a7.8%4.5%n/a2.7%
Marriott International Inc. MAR$95.4 billion37.92n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$73.7 billion47.95n/a23.3%8.7%n/a0.2%
Chipotle Mexican Grill Inc. CMG$40.0 billion28.9764.5%14.7%7.3%0.00n/a
Yum! Brands, Inc. YUM$39.5 billion18.22n/a31.0%10.3%n/a2.0%
InterContinental Hotels Group PLC IHG *$24.4 billion33.05n/a23.1%5.4%n/a1.1%
Las Vegas Sands Corp. LVS$23.4 billion14.07297.2%21.5%18.1%23.572.8%
Darden Restaurants Inc. DRI$22.4 billion19.3257.2%11.7%8.1%0.793.0%
Hyatt Hotels Corp. H$15.7 billion197.462.4%n/a5.8%1.110.4%
Aramark ARMK$14.5 billion38.4211.3%4.4%11.0%1.800.8%
Texas Roadhouse, Inc. TXRH$10.6 billion25.8326.5%7.7%9.9%0.031.7%
Brinker International, Inc. EAT$8.2 billion17.80109.8%10.7%7.9%0.950.6%
Wynn Resorts Ltd. WYNN$7.8 billion18.65n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.4 billion17.7316.9%5.7%3.2%2.410.0%
Cava Group, Inc. CAVA$6.3 billion97.587.9%5.2%26.8%0.00n/a
Caesars Entertainment, Inc. CZR$6.0 billionn/a-13.8%15.9%2.4%3.50n/a
Dutch Bros Inc. BROS$5.9 billion52.8511.6%9.6%29.6%0.25n/a
Wyndham Hotels & Resorts, Inc. WH$5.5 billion27.2343.3%30.2%-2.1%5.532.2%
Cheesecake Factory Inc. CAKE$5.4 billion29.3934.4%5.3%5.7%1.081.0%
Boyd Gaming Corp. BYD$5.0 billion3.0372.7%16.4%1.7%1.051.0%
Choice Hotels International Inc. CHH$4.8 billion14.92230.9%25.2%2.6%14.081.1%
Travel & Leisure Co. TNL$3.8 billion17.12n/a13.7%4.5%n/a3.7%
Wingstop Inc. WING$3.3 billion29.04n/a27.9%7.6%n/a0.9%
Park Hotels & Resorts Inc. PK$3.1 billionn/a-5.3%2.0%-1.4%1.276.6%
Red Rock Resorts, Inc. RRR$2.9 billion17.5098.7%27.7%0.9%20.832.0%
Shake Shack Inc. SHAK$2.8 billion71.197.3%3.6%17.3%0.46n/a
Hilton Grand Vacations Inc. HGV$2.7 billion19.5213.7%9.9%5.4%4.42n/a
Sunstone Hotel Investors, Inc. SHO$2.1 billion51.362.2%9.1%7.3%0.523.2%
Penn Entertainment, Inc. PENN$2.1 billionn/a-48.7%-7.9%6.1%1.51n/a
Monarch Casino & Resort Inc. MCRI$2.0 billion18.3319.9%25.1%5.1%0.001.0%
Xenia Hotels & Resorts, Inc. XHR$1.7 billionn/a-0.7%6.7%1.6%1.223.1%
Cracker Barrel OLD Country Store, Inc. CBRL$1.3 billion41.046.6%-0.4%-4.7%0.711.7%
BJs Restaurants Inc. BJRI$1.3 billion31.9910.3%2.7%3.5%0.110.8%
Wendy's Co. WEN$1.2 billion9.47104.6%13.6%-1.0%22.8210.7%
Papa Johns International Inc. PZZA$649 million24.99n/a4.3%-5.6%n/a9.3%
17 companies share its SEC industry code (Hotels & Motels); the rest are the names nearest in size in its wider industry, Restaurants, Hotels, Motels, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20267 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-K31 December 202520 February 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 202421 February 2025EDGAR
10-Q30 September 20248 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 20249 May 2024EDGAR

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