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| Date | Value |
|---|---|
| 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 |