Wynn Resorts (WYNN) FY2024 results: revenue $7.1 billion, up 9.1% on the year
Wynn Resorts Ltd. (WYNN) reported revenue of $7.1 billion for fiscal 2024, the year ended 31 December 2024, up 9.1% on the year before. Net income was $501 million, down 31.4%, and diluted earnings per share $4.35. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$7.1 billion
+9.1% on the year
FY2017FY2024
Operating margin
15.9%
12.9% a year earlier
FY2017FY2024
Net income
$501 million
-31.4% on the year
FY2017FY2024
Diluted EPS
$4.35
-31.2% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. 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.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,426
1,248
-71.3
+14.3%
Capital expenditure
420
443
300
-5.2%
Free cash flow
1,006
805
-371
+25.0%
Free cash flow margin
14.1%
12.3%
-9.9%
Cash from investing
-83.6
-1,343
1,349
Cash from financing
-1,794
-719
-23.7
Depreciation and amortisation
659
687
692
-4.1%
Share-based compensation
59.0
64.5
67.6
-8.5%
Buybacks
402
212
187
+89.1%
Dividends paid
140
84.7
1.4
+64.7%
Diluted shares, weighted
110m
113m
114m
-2.3%
Shares outstanding at period end
108m
112m
113m
-3.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
-224
-251
-751
Non-controlling interest
-744
-850
-890
Debt
10,542
11,738
12,117
-10.2%
Operating lease liabilities
1,624
1,632
1,615
-0.5%
Finance lease liabilities
71.6
24.0
29.4
+198.0%
Other liabilities
1,709
1,703
1,294
+0.4%
Total liabilities and equity
12,978
13,996
13,415
-7.3%
Fixed assets
6,521
6,688
6,896
-2.5%
Goodwill
18.5
18.5
90.5
0.0%
Intangible assets
255
303
146
-15.9%
Cash and equivalents
2,426
2,879
3,650
-15.7%
Receivables
324
342
216
-5.2%
Inventory
75.8
75.6
70.1
+0.3%
Other assets
3,358
3,690
2,346
-9.0%
Total assets
12,978
13,996
13,415
-7.3%
10-K for the year ended 31 December 2024, filed 13 February 2025: the filing.