New Royal Holdco I (GDEN) Gross Margin (2012 - 2025)
New Royal Holdco I (GDEN) recorded quarterly Gross Margin of 77.21% in Q4 2025, down 1.98% quarter-over-quarter from 78.77% in Q3 2025, and down 1039.0% on a YoY basis from 8.22% in Q4 2024.
New Royal Holdco I (GDEN) Gross Margin (2012 - 2025) Analysis & Trends
New Royal Holdco I's Gross Margin history runs 14 years deep, the most recent figure standing at 77.21% for Q4 2025.
- In Q4 2025, Gross Margin fell 1039.0% year-over-year to 77.21%; the TTM figure through Dec 2025 stood at 80.67% (down 627.0% YoY), while the FY2025 annual figure was 87.09%, up 32.0% from the prior year.
- Gross Margin was 77.21% for Q4 2025 at New Royal Holdco I, down from 78.77% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 98.94% in Q2 2021 to a low of 57.23% in Q4 2023.
- Historically, Gross Margin has averaged 81.18% across 5 years, with a median of 93.96% in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 8531 bps in 2023, then jumped 14482 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 97.68% in 2021, then sank by 71 bps to 28.09% in 2022, then slumped by 304 bps to 57.23% in 2023, then soared by 253 bps to 87.59% in 2024, then declined by 12 bps to 77.21% in 2025.
- The last three Gross Margin figures came in at 77.21% (Q4 2025), 78.77% (Q3 2025), and 87.49% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 95.16% |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 74.45% |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 94.56% |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 85.91% |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 96.92% |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 97.77% |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 54.59% |
| 10 | New Royal Holdco I | 750.38 Mn | 695.08 Mn | 120.16 Mn | 77.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 77.21% |
| Sep 30, 2025 | 78.77% |
| Jun 30, 2025 | 87.49% |
| Mar 31, 2025 | 78.90% |
| Dec 31, 2024 | 87.59% |
| Sep 30, 2024 | 89.95% |
| Jun 30, 2024 | 79.50% |
| Mar 31, 2024 | 90.67% |
| Dec 31, 2023 | -57.23% |
| Sep 30, 2023 | 97.87% |
| Jun 30, 2023 | 97.24% |
| Mar 31, 2023 | 98.62% |
| Dec 31, 2022 | 28.09% |
| Sep 30, 2022 | 98.38% |
| Jun 30, 2022 | 98.15% |
| Mar 31, 2022 | 98.55% |
| Dec 31, 2021 | 97.68% |
| Sep 30, 2021 | 98.36% |
| Jun 30, 2021 | 98.94% |
| Mar 31, 2021 | 98.88% |