New Royal Holdco I (GDEN) Operating Leases (2019 - 2025)

New Royal Holdco I (GDEN) recorded quarterly Operating Leases of $69.4 million in Q4 2025, down 0.68% quarter-over-quarter from $69.9 million in Q3 2025, and down 25.74% on a YoY basis from $93.5 million in Q4 2024.

New Royal Holdco I (GDEN) Operating Leases (2019 - 2025) Analysis & Trends

New Royal Holdco I's Operating Leases history runs 7 years deep, the most recent figure standing at $69.4 million for Q4 2025.

  • In Q4 2025, Operating Leases fell 25.74% year-over-year to $69.4 million; the TTM figure through Dec 2025 stood at $69.4 million (down 25.74% YoY), while the FY2025 annual figure was $69.4 million, down 25.74% from the prior year.
  • Operating Leases was $69.4 million for Q4 2025 at New Royal Holdco I, down from $69.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $173.8 million in Q1 2021 to a low of $69.4 million in Q4 2025.
  • Historically, Operating Leases has averaged $109.5 million across 5 years, with a median of $84.0 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Operating Leases sank 50.47% in 2023, then increased 14.92% in 2024.
  • A 5-year view of Operating Leases shows it stood at $155.1 million in 2021, then advanced by 5.86% to $164.2 million in 2022, then tumbled by 50.47% to $81.3 million in 2023, then rose by 14.92% to $93.5 million in 2024, then decreased by 25.74% to $69.4 million in 2025.
  • The last three Operating Leases figures came in at $69.4 million (Q4 2025), $69.9 million (Q3 2025), and $71.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn
5 Vail Resorts 4.85 Bn 4.81 Bn -
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn
10 New Royal Holdco I 750.38 Mn 695.08 Mn 120.16 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 69.40 Mn
Sep 30, 2025 69.88 Mn
Jun 30, 2025 71.07 Mn
Mar 31, 2025 74.69 Mn
Dec 31, 2024 93.46 Mn
Sep 30, 2024 80.95 Mn
Jun 30, 2024 84.37 Mn
Mar 31, 2024 80.93 Mn
Dec 31, 2023 81.33 Mn
Sep 30, 2023 77.73 Mn
Jun 30, 2023 80.52 Mn
Mar 31, 2023 83.61 Mn
Dec 31, 2022 164.18 Mn
Sep 30, 2022 129.26 Mn
Jun 30, 2022 140.89 Mn
Mar 31, 2022 148.13 Mn
Dec 31, 2021 155.10 Mn
Sep 30, 2021 161.25 Mn
Jun 30, 2021 168.54 Mn
Mar 31, 2021 173.84 Mn