Wynn Resorts market cap is $8.4 b, and annual revenue was $6.61 b in FY 2019

Wynn Resorts Net income (Q1, 2020)-450.3 M

Wynn Resorts EBIT (Q1, 2020)-247.4 M

Wynn Resorts Cash, 31-Mar-20202.9 B

Wynn Resorts EV17.2 B

Wynn Resorts revenue breakdown by business segment: 41.0% from Wynn Palace, 24.8% from Wynn Las Vegas and 34.2% from Wynn Macau

Wynn Resorts revenue breakdown by geographic segment: 24.8% from Las Vegas Operations and 75.2% from Macau Operations

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 4.5b | 6.3b | 6.7b | 6.6b |

| 10% | 41% | 7% | |

## Cost of goods sold | 2.8b | 4.0b | 4.1b | |

## Gross profit | 1.7b | 2.3b | 2.6b | |

| 38% | 37% | 39% | |

## General and administrative expense | 548.1m | 685.5m | 761.4m | 896.7m |

## Operating expense total | 1.2b | 1.3b | 1.9b | 896.7m |

## Depreciation and amortization | 404.7m | 552.4m | 550.6m | 624.9m |

## EBIT | 521.7m | 1.1b | 735.5m | 878.3m |

| 12% | 17% | 11% | 13% |

## Interest expense | 289.4m | 388.7m | 381.8m | 390.1m |

## Interest income | 13.5m | 31.2m | 29.9m | 24.4m |

## Pre tax profit | 310.6m | 560.3m | 305.7m | 488.2m |

## Income tax expense | 8.1m | (329.0m) | (497.3m) | 176.8m |

## Net Income | 302.5m | 889.3m | 803.1m | 123.0m |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 2.5b | 2.8b | 2.2b | 2.4b |

## Accounts Receivable | 219.0m | 224.1m | 276.6m | 346.4m |

## Prepaid Expenses | 69.5m | |||

## Inventories | 91.5m | 71.6m | 66.6m | 88.5m |

## Current Assets | 3.0b | 3.4b | 2.6b | 2.9b |

## PP&E | 8.3b | 8.5b | 9.4b | 9.6b |

## Total Assets | 12.0b | 12.7b | 13.2b | 13.9b |

## Accounts Payable | 298.5m | 285.4m | 321.8m | 262.4m |

## Short-term debt | 62.7m | 12.0m | 323.9m | |

## Current Liabilities | 1.4b | 1.9b | 1.9b | 2.0b |

## Long-term debt | 10.1b | 9.6b | 9.4b | 10.2b |

## Total Debt | 10.1b | 9.6b | 9.4b | 10.6b |

## Total Liabilities | 11.7b | 11.6b | 11.4b | 12.3b |

## Common Stock | 1.2m | 1.2m | 1.2m | 1.2m |

## Preferred Stock | ||||

## Additional Paid-in Capital | 1.2b | 1.5b | 2.5b | 2.5b |

## Retained Earnings | 95.1m | 635.1m | 921.8m | 641.8m |

## Total Equity | 257.9m | 1.1b | 1.8b | 1.5b |

## Debt to Equity Ratio | 39.3 x | 8.9 x | 5.2 x | |

## Debt to Assets Ratio | 0.8 x | 0.8 x | 0.7 x | |

## Financial Leverage | 46.4 x | 11.8 x | 7.3 x | 9 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 302.5m | 889.3m | 803.1m | 311.4m |

## Depreciation and Amortization | 404.7m | 552.4m | 550.6m | 624.9m |

## Accounts Receivable | (39.3m) | 829.0k | (59.2m) | (86.7m) |

## Accounts Payable | 117.0m | 71.0m | 49.5m | (61.9m) |

## Cash From Operating Activities | 970.5m | 1.9b | 961.5m | 901.1m |

## Purchases of PP&E | (1.2b) | (935.5m) | (1.5b) | (1.1b) |

## Cash From Investing Activities | (1.3b) | (957.6m) | (1.2b) | (1.1b) |

## Long-term Borrowings | (400.7m) | (3.0b) | (3.0b) | (2.9b) |

## Dividends Paid | (325.2m) | (320.8m) | (569.8m) | (566.5m) |

## Cash From Financing Activities | 691.9m | (563.7m) | (324.3m) | 299.0m |

## Net Change in Cash | 373.0m | 351.4m | (587.3m) | 139.0m |

## Interest Paid | 265.1m | 367.1m | 378.0m | 373.1m |

## Income Taxes Paid | 2.0m | 37.1m | 1.9m | (16.8m) |

USD | Y, 2020 |
---|---|

## EV/EBIT | -69.5 x |

## EV/CFO | -97.4 x |

## Financial Leverage | 14.4 x |

Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Table Games (Wynn Macau) | 488 | 428 | 267 | 303 | 303 | 314 | 301 | 316 | 312 | 306 | 310 | 317 | 328 | 312 | 329 |

## Table Games (Wynn Palace) | 346 | 304 | 299 | 310 | 307 | 323 | 323 | 321 | 323 | 320 | 326 | 323 | 381 | ||

## Table Games (Wynn Las Vegas) | 238 | 233 | 235 | 234 | 238 | 229 | 240 | 247 | 238 | 233 | 233 | 243 | 233 | 233 | 236 |

## Table Games (Encore Boston Harbor) | 145 | ||||||||||||||

## Slot Machines (Wynn Macau) | 774 | 826 | 862 | 957 | 934 | 958 | 925 | 988 | 954 | 879 | 836 | 810 | 865 | 827 | 706 |

## Slot Machines (Wynn Palace) | 1.08 k | 996 | 932 | 1.12 k | 1.03 k | 1.12 k | 1.02 k | 1.04 k | 1.10 k | 1.04 k | 1.14 k | 1.14 k | 1.14 k | ||

## Slot Machines (Wynn Las Vegas) | 1.89 k | 1.89 k | 1.90 k | 1.91 k | 1.84 k | 1.84 k | 1.84 k | 1.83 k | 1.83 k | 1.80 k | 1.81 k | 1.81 k | 1.80 k | 1.76 k | 1.79 k |

## Slot Machines (Encore Boston Harbor) | 3.10 k | ||||||||||||||

## Rooms (Wynn Macau) | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k |

## Rooms (Wynn Palace) | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | 1.71 k | ||

## Rooms (Wynn Las Vegas) | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k | 4.75 k |

## Rooms (Encore Boston Harbor) | 671 | ||||||||||||||

## Food and Beverage Outlets (Wynn Macau) | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 12 | 11 | 12 | 12 | 12 |

## Food and Beverage Outlets (Wynn Palace) | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 13 | 13 | 14 | 14 | 14 | ||

## Food and Beverage Outlets (Wynn Las Vegas) | 34 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 32 | 33 | 33 | 33 | 33 |

## Food and Beverage Outlets (Encore Boston Harbor) | 13 | ||||||||||||||

## Health Clubs (Wynn Macau) | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |

## Health Clubs (Wynn Palace) | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||

## Nightclubs (Wynn Las Vegas) | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 |

## Nightclubs (Encore Boston Harbor) | 1 | ||||||||||||||

## Hotels (Wynn Macau) | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |

## Hotels (Wynn Palace) | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||

## Hotels (Wynn Las Vegas) | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |

## Hotels (Encore Boston Harbor) | 1 | ||||||||||||||

## Showrooms (Wynn Las Vegas) | 2 | 2 | 2 | 2 | |||||||||||

## Occupancy Rate (Wynn Macau) | 94.8% | 91.5% | 95.1% | 94.4% | 95.7% | 97.5% | 97.3% | 97.5% | 99% | 99.4% | 99% | 99.2% | 99.3% | 98.9% | 99.4% |

## Occupancy Rate (Wynn Palace) | 70.8% | 83.2% | 95.6% | 96.2% | 96.1% | 96.2% | 96.8% | 96.2% | 96% | 96.5% | 97.2% | 97.4% | 97.2% | ||

## Occupancy Rate (Wynn Las Vegas) | 81.7% | 85.3% | 90% | 85.3% | 85.5% | 88.7% | 91.4% | 86.9% | 83.9% | 87.7% | 89.6% | 87.5% | 82.6% | 90.1% | 69.6% |

## Occupancy Rate (Encore Boston Harbor) | 69.6% | ||||||||||||||

## Average Daily Rate (Wynn Macau) | $324 | $321 | $270 | $293 | $265 | $258 | $246 | $257 | $291 | $272 | $276 | $283 | $290 | $281 | $283 |

## Average Daily Rate (Wynn Palace) | $287 | $276 | $258 | $232 | $219 | $237 | $252 | $254 | $275 | $265 | $271 | $265 | $273 | ||

## Average Daily Rate (Wynn Las Vegas) | $298 | $308 | $288 | $296 | $315 | $302 | $299 | $305 | $340 | $313 | $289 | $314 | $338 | $333 | $306 |

## Average Daily Rate (Encore Boston Harbor) | $465 | ||||||||||||||

## Revenue per Available Room (Wynn Macau) | $307 | $294 | $257 | $277 | $254 | $252 | $240 | $251 | $288 | $271 | $273 | $281 | $288 | $278 | $281 |

## Revenue per Available Room (Wynn Palace) | $203 | $230 | $246 | $224 | $211 | $227 | $244 | $245 | $264 | $255 | $264 | $258 | $265 | ||

## Revenue per Available Room (Wynn Las Vegas) | $243 | $263 | $259 | $252 | $269 | $268 | $273 | $265 | $285 | $274 | $259 | $274 | $279 | $300 | $269 |

## Revenue per Available Room (Encore Boston Harbor) | $324 |