Red Rock Resorts, Inc.

NasdaqGS:RRR Stock Report

Market Cap: US$4.8b

Red Rock Resorts Past Earnings Performance

Past criteria checks 2/6

Red Rock Resorts has been growing earnings at an average annual rate of 43.5%, while the Hospitality industry saw earnings growing at 32.5% annually. Revenues have been growing at an average rate of 3.4% per year. Red Rock Resorts's return on equity is 130.3%, and it has net margins of 8.6%.

Key information

43.5%

Earnings growth rate

44.8%

EPS growth rate

Hospitality Industry Growth19.5%
Revenue growth rate3.4%
Return on equity130.3%
Net Margin8.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Red Rock Resorts: A Buy On Any Dip

Dec 12

We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Nov 29
We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate

Nov 11
Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate

Red Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On Capital

Oct 24
Red Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On Capital

Off-Strip Domination: Why Red Rock Is My Favorite Hotel And Casino In Vegas

Oct 20

Investor Optimism Abounds Red Rock Resorts, Inc. (NASDAQ:RRR) But Growth Is Lacking

Aug 31
Investor Optimism Abounds Red Rock Resorts, Inc. (NASDAQ:RRR) But Growth Is Lacking

Red Rock Resorts Update: The Bullish Trend Remains Intact

Aug 01

Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25

Aug 01
Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25

Red Rock Resorts, Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

Jul 26
Red Rock Resorts, Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Jun 30
We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt

Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

Jun 08
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

May 25
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

Earnings Update: Red Rock Resorts, Inc. (NASDAQ:RRR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

May 10
Earnings Update: Red Rock Resorts, Inc. (NASDAQ:RRR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

Red Rock Resorts: Under The Radar Despite Solid Performance

Apr 29

Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet

Mar 16
Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet

Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

Feb 23
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25

RRR: An Update As The Shares Rise To New Highs

Feb 13

Red Rock Resorts, Inc. Just Beat EPS By 84%: Here's What Analysts Think Will Happen Next

Feb 10
Red Rock Resorts, Inc. Just Beat EPS By 84%: Here's What Analysts Think Will Happen Next

Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 27% Below Their Intrinsic Value Estimate

Jan 25
Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 27% Below Their Intrinsic Value Estimate

Revenue & Expenses Breakdown

How Red Rock Resorts makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:RRR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,9061644220
30 Jun 241,8501704050
31 Mar 241,7791743870
31 Dec 231,7241763740
30 Sep 231,6872113630
30 Jun 231,6902263630
31 Mar 231,6962023590
31 Dec 221,6642053530
30 Sep 221,6612623600
30 Jun 221,6612843610
31 Mar 221,6673553540
31 Dec 211,6182423470
30 Sep 211,5391233340
30 Jun 211,477953210
31 Mar 211,158-633020
31 Dec 201,182-1503250
30 Sep 201,300-1753450
30 Jun 201,413-2353740
31 Mar 201,787-1674190
31 Dec 191,857-34160
30 Sep 191,82714110
30 Jun 191,774314070
31 Mar 191,7071183950
31 Dec 181,6811583910
30 Sep 181,6501783900
30 Jun 181,6431753850
31 Mar 181,637673820
31 Dec 171,642353810
30 Sep 171,636263760
30 Jun 171,578233600
31 Mar 171,519493450
31 Dec 161,476353270
30 Sep 161,406203130
30 Jun 161,382143160
31 Mar 161,369173260
31 Dec 151,352153280
30 Sep 151,338483350
30 Jun 151,324553320
31 Mar 151,3101003200
31 Dec 141,292543210
31 Dec 131,256-703280

Quality Earnings: RRR has high quality earnings.

Growing Profit Margin: RRR's current net profit margins (8.6%) are lower than last year (12.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RRR's earnings have grown significantly by 43.5% per year over the past 5 years.

Accelerating Growth: RRR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RRR had negative earnings growth (-22.6%) over the past year, making it difficult to compare to the Hospitality industry average (14%).

Return on Equity

High ROE: Whilst RRR's Return on Equity (130.31%) is outstanding, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Red Rock Resorts, Inc. is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BainAegis Capital Corporation
Ishan MajumdarBaptista Research
Brandt MontourBarclays