Red Rock Resorts (RRR) Long-Term Investments (2015 - 2022)
Red Rock Resorts' Long-Term Investments came in at $5.94 million for Q1 2022, down 22.2% from $7.63 million a year earlier and down 2.4% from the prior quarter.
Red Rock Resorts (RRR) Long-Term Investments (2015 - 2022) Analysis & Trends
At the end of FY2021, Red Rock Resorts' Long-Term Investments was $6.09 million, down 25.4% from FY2020.
- Long-Term Investments has declined in each of the last six years, with a five-year compound annual growth rate of -10.5% (FY2016 to FY2021).
- Going back by year, Long-Term Investments was $8.16 million in FY2020 (-8.0%), $8.87 million in FY2019 (-0.4%), $8.9 million in FY2018 (-12.1%) and $10.13 million in FY2017 (-4.2%).
- The Q1 2022 figure represents the lowest quarterly Long-Term Investments in data going back to Q4 2015.
- Year-over-year, Long-Term Investments has declined for 22 consecutive quarters, with an average decline of 15.1% over the last eight quarters.
- Over the past five years, the year-over-year decline in Long-Term Investments ranged from 0.4% (Q4 2019) to 25.4% (Q4 2021).
- Business Quant data shows RRR's Long-Term Investments at $6.09 million (Q4 2021), $6.15 million (Q3 2021) and $6.69 million (Q2 2021) in the three quarters before Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.78 Bn | 10.19 Bn | 1.48 Bn | - |
| 2 | DraftKings | 17.20 Bn | 12.86 Bn | 551.45 Mn | 30.31 Mn |
| 3 | Flutter Entertainment | 13.27 Bn | 7.01 Bn | 1.71 Bn | 6.00 Mn |
| 4 | Madison Square Garden Sports | 9.61 Bn | 9.21 Bn | 119.21 Mn | 65.62 Mn |
| 5 | Life Time Group Holdings | 9.01 Bn | 8.24 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 7.99 Bn | 1.55 Bn | 758.95 Mn | 1.11 Bn |
| 7 | MGM Resorts International | 7.66 Bn | -519.56 Mn | 1.98 Bn | 638.00 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 124.00 Mn |
| 10 | Red Rock Resorts | 5.14 Bn | 4.72 Bn | 315.50 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 5.94 Mn |
| Dec 31, 2021 | 6.09 Mn |
| Sep 30, 2021 | 6.15 Mn |
| Jun 30, 2021 | 6.69 Mn |
| Mar 31, 2021 | 7.63 Mn |
| Dec 31, 2020 | 8.16 Mn |
| Sep 30, 2020 | 7.66 Mn |
| Jun 30, 2020 | 7.77 Mn |
| Mar 31, 2020 | 8.28 Mn |
| Dec 31, 2019 | 8.87 Mn |
| Sep 30, 2019 | 8.75 Mn |
| Jun 30, 2019 | 8.80 Mn |
| Mar 31, 2019 | 8.95 Mn |
| Dec 31, 2018 | 8.90 Mn |
| Sep 30, 2018 | 9.21 Mn |
| Jun 30, 2018 | 9.53 Mn |
| Mar 31, 2018 | 9.71 Mn |
| Dec 31, 2017 | 10.13 Mn |
| Sep 30, 2017 | 10.16 Mn |
| Jun 30, 2017 | 10.01 Mn |
Red Rock Resorts Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=RRR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "RRR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=RRR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();