New Royal Holdco I (GDEN) Gross Margin (2012 - 2025)

New Royal Holdco I's (GDEN) quarterly Gross Margin came in at 78.52% in Q4 2025, down 8165.0% year-on-year from 0.97% in Q4 2024, and little changed quarter-over-quarter from 78.77% in Q3 2025.

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 78.52% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 8165.0% year-over-year to 78.52% in Q4 2025; TTM through Dec 2025 was 81.8%, a 2427.0% decrease from a year earlier, with the FY2025 full-year figure at 78.89%, down 2052.0% from the prior year.
  • Gross Margin held at 78.52% in Q4 2025 per GDEN's latest filing, from 78.77% in the prior quarter.
  • Across five years, Gross Margin topped out at 160.17% in Q4 2024 and bottomed at 57.23% in Q4 2023.
  • The 5-year median for Gross Margin is 97.72% (2021), against an average of 86.76%.
  • Across the five-year window, Gross Margin sank 11504 bps in 2023 and soared 21740 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 97.68% in 2021, then sank by 41 bps to 57.81% in 2022, then sank by 199 bps to 57.23% in 2023, then surged by 380 bps to 160.17% in 2024, then tumbled by 51 bps to 78.52% in 2025.
  • Per Business Quant, the three latest GDEN Gross Margin figures stand at 78.52% (Q4 2025), 78.77% (Q3 2025), and 79.36% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 97.43%
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 97.02%
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 94.08%
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 98.68%
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn 96.69%
7 Vail Resorts 5.23 Bn 5.21 Bn - -
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 95.41%
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 85.38%
10 New Royal Holdco I 747.58 Mn 692.25 Mn 122.20 Mn 78.52%

Historic Data

Download Data
DateValue
Dec 31, 2025 78.52%
Sep 30, 2025 78.77%
Jun 30, 2025 79.36%
Mar 31, 2025 90.37%
Dec 31, 2024 160.17%
Sep 30, 2024 87.51%
Jun 30, 2024 79.50%
Mar 31, 2024 97.76%
Dec 31, 2023 -57.23%
Sep 30, 2023 97.87%
Jun 30, 2023 97.24%
Mar 31, 2023 98.62%
Dec 31, 2022 57.81%
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%