Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Wynn Resorts

WYNN stock analysis · Consumer Discretionary · Casinos & Gaming

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$97.09HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$10B

Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$101.68

Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · 4.7% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

3.9%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

-20.2%

43 sector peers · median 24.5×

How this is calculated ↗
Valuation

Historical multiples

27.8×

4 annual observations · snapshot P/E 30.7× · 10.2% versus history

How this is calculated ↗
Valuation

Free cash flow yield

6.9%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

11.6%

Normalized tax · financing-capital proxy · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

Requires three valuation yields and at least five covered sector peers.

Requires three valuation yields and at least five covered sector peers.

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

1.0%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

5.5%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

-7.2%

Annual basis · read assumptions below

How this is calculated ↗
Momentum

Fundamental momentum

-0.4%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 1.4B2020-12-31: cfo -$1,072,425,000.00 (negative; lower scale compressed)2020-12-31: capex $290,115,000.0020202021-12-31: cfo -$222,591,000.00 (negative; lower scale compressed)2021-12-31: capex $290,657,000.0020212022-12-31: cfo -$71,272,000.00 (negative; lower scale compressed)2022-12-31: capex $300,127,000.0020222023-12-31: cfo $1,247,879,000.002023-12-31: capex $442,793,000.0020232024-12-31: cfo $1,426,203,000.002024-12-31: capex $419,929,000.0020242025-12-31: cfo $1,352,653,000.002025-12-31: capex $660,433,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$127.53$139.15$151.64
10.0%$93.45$101.68$110.50
12.0%$73.73$80.00$86.73

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-317.1B409.1M1.4B660.4M13.1B
2024-12-317.1B639.7M1.4B419.9M13B
2023-12-316.5B782.2M1.2B442.8M14B
2022-12-313.8B-709.4M-71.3M300.1M13.4B
2021-12-313.8B-1B-222.6M290.7M12.5B
2020-12-312.1B-2.3B-1.1B290.1M13.9B
2019-12-316.6B311.4M901.1M1.1B13.9B
2018-12-316.7B803.1M961.5M1.5B13.2B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue7.1BRevenueFromContractWithCustomerIncludingAssessedTax2026-03-02
netIncome409.1MProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-03-02
Parent/common earnings proxy327.3MNetIncomeLoss2026-03-02
cfo1.4BNetCashProvidedByUsedInOperatingActivities2026-03-02
capex660.4MPaymentsToAcquirePropertyPlantAndEquipment2026-03-02
operatingIncome1.1BOperatingIncomeLoss2026-03-02
assets13.1BAssets2026-03-02
equity-1BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-03-02
Parent book equity proxy-275.5MStockholdersEquity2026-03-02
debt10.5BLongTermDebt2026-03-02
shortDebtNot reported under a supported tag
cash1.5BCashAndCashEquivalentsAtCarryingValue2026-03-02
shares104.2MWeightedAverageNumberOfDilutedSharesOutstanding2026-03-02
dividends174.7MPaymentsOfDividends2026-03-02
buybacks380.1MPaymentsForRepurchaseOfCommonStock2026-03-02
issuance457KReviewed manual correction
Bounded FY2025-12-31 consolidated financing-statement extraction. Proceeds from exercise of stock options: 457000 USD [us-gaap:ProceedsFromStockOptionsExercised]. All 9 financing lines reconcile exactly to reported financing cash flow -653300000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: the statement also aggregates other financing cash flows (net -9142000 USD). Their common-equity portion is not separately disclosed here. Issuance is the sum of separately reported common cash-issuance lines, not an independently verified gross total; additional equity flows may be inside those aggregates.
2026-03-02