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Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States. It owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.0B | $802M | $188M | $289M | 90.3% | 3.7% | 22.1% |
| 2024 | $1.9B | $744M | $154M | $249M | 71.6% | 12.5% | -12.5% |
| 2023 | $1.7B | $694M | $176M | $-207M | 104.2% | 3.6% | -14.3% |
| 2022 | $1.7B | $693M | $205M | $-19M | 469.3% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,663.79 | 1,724.09 | 1,939.01 | 2,011.48 |
| Cost Of Revenue | - | 588.72 | 626.39 | 744.23 | 756.31 |
| Gross Profit | - | 1,075.07 | 1,097.69 | 1,194.78 | 1,255.18 |
| Operating Expense | - | 481.41 | 507.03 | 619.39 | 638.73 |
| Operating Income | - | 593.66 | 590.66 | 575.40 | 616.45 |
| EBITDA | - | 693.14 | 694.32 | 744.12 | 801.60 |
| EBIT | - | 564.77 | 561.78 | 557.01 | 604.20 |
| Pretax Income | - | 434.88 | 380.76 | 328.21 | 402.32 |
| Tax Provision | - | 44.53 | 42.98 | 36.91 | 46.65 |
| Net Income | - | 205.46 | 176 | 154.05 | 188.07 |
| Net Income Common Stockholders | - | 205.46 | 176 | 154.05 | 188.07 |
| Total Expenses | - | 1,070.13 | 1,133.42 | 1,363.62 | 1,395.04 |
| Interest Expense | - | 129.89 | 181.02 | 228.80 | 201.88 |
| Selling General And Administration | - | 353.04 | 374.49 | 432.28 | 441.32 |
| Normalized EBITDA | - | 725.50 | 723.22 | 764.25 | 812.11 |
| Normalized Income | - | 234.51 | 201.64 | 171.92 | 197.36 |
| Market Cap | 3,161.82 | 3,161.82 | 3,161.82 | 3,161.82 | 3,161.82 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Red Rock Resorts, Inc.this co. | RRR | $3.2B | 16.81 | 15.18 | 90.3% | 8.06 |
| M/I Homes, Inc. | MHO | $3.6B | 8.55 | 1.09 | 12.7% | 6.63 |
| Advance Auto Parts, Inc. | AAP | $3.5B | 79.77 | 1.60 | 2.0% | 17.53 |
| Dorman Products, Inc. | DORM | $3.4B | 16.38 | 2.26 | 13.8% | 10.65 |
| Patrick Industries, Inc. | PATK | $3.2B | 23.89 |
| - |
| - |
| - |
| - |
| - |
| 2.72 |
| 11.4% |
| 11.13 |
| American Eagle Outfitters, Inc. | AEO | $3.1B | 15.55 | 1.76 | 11.3% | 8.08 |
| LCI Industries | LCII | $3.0B | 15.48 | 2.14 | 13.8% | 9.53 |
| PHINIA Inc. | PHIN | $2.9B | 21.49 | 1.76 | 8.2% | 7.92 |
| The Buckle, Inc. | BKE | $2.8B | 13.79 | 6.81 | 49.4% | 10.55 |
| Peer Median | - | 15.96 | 1.95 | 12.1% | 10.04 | |