New Royal Holdco I (GDEN) Operating Margin (2010 - 2025)

New Royal Holdco I's (GDEN) quarterly Operating Margin came in at 1.5% in Q4 2025, down 864.0% year-on-year from 0.2% in Q4 2024, and down 363.47% quarter-over-quarter from 0.57% in Q3 2025.

New Royal Holdco I (GDEN) Operating Margin (2010 - 2025) Analysis & Trends

New Royal Holdco I's Operating Margin history runs 16 years deep, the most recent figure standing at 1.5% for Q4 2025.

  • On a quarterly basis, Operating Margin fell 864.0% year-over-year to 1.5% in Q4 2025; TTM through Dec 2025 was 3.39%, a 1342.0% decrease from a year earlier, with the FY2025 full-year figure at 3.39%, down 1342.0% from the prior year.
  • Operating Margin eased to 1.5% in Q4 2025 per GDEN's latest filing, from 0.57% in the prior quarter.
  • Across five years, Operating Margin topped out at 125.6% in Q3 2023 and bottomed at 1.5% in Q4 2025.
  • The 5-year median for Operating Margin is 11.88% (2023), against an average of 17.2%.
  • Across the five-year window, Operating Margin jumped 11304 bps in 2023 and plunged 12143 bps in 2024, its largest moves.
  • Year by year, Operating Margin stood at 12.23% in 2021, then gained by 4 bps to 12.66% in 2022, then slumped by 76 bps to 3.08% in 2023, then jumped by 131 bps to 7.14% in 2024, then slumped by 121 bps to 1.5% in 2025.
  • Per Business Quant, the three latest GDEN Operating Margin figures stand at 1.5% (Q4 2025), 0.57% (Q3 2025), and 7.28% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 25.22%
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 6.76%
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 15.22%
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 16.44%
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn 17.42%
7 Vail Resorts 5.23 Bn 5.21 Bn - 41.00%
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 6.54%
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 28.32%
10 New Royal Holdco I 747.58 Mn 692.25 Mn 122.20 Mn -1.50%

Historic Data

Download Data
DateValue
Dec 31, 2025 -1.50%
Sep 30, 2025 0.57%
Jun 30, 2025 7.28%
Mar 31, 2025 6.88%
Dec 31, 2024 7.14%
Sep 30, 2024 4.17%
Jun 30, 2024 8.09%
Mar 31, 2024 46.05%
Dec 31, 2023 3.08%
Sep 30, 2023 125.60%
Jun 30, 2023 12.47%
Mar 31, 2023 11.74%
Dec 31, 2022 12.66%
Sep 30, 2022 12.56%
Jun 30, 2022 15.41%
Mar 31, 2022 12.02%
Dec 31, 2021 12.23%
Sep 30, 2021 16.01%
Jun 30, 2021 20.50%
Mar 31, 2021 11.00%