Wynn Resorts (WYNN) Net Margin (2009 - 2026)
Wynn Resorts (WYNN) posted Net Margin of 8.11% for Q1 2026, up 23.73% on a QoQ basis from 6.55% in Q4 2025, and up 332.0% year-over-year from 1.88% in Q1 2025.
Wynn Resorts (WYNN) Net Margin (2009 - 2026) Analysis & Trends
Wynn Resorts' Net Margin history runs 18 years deep, the most recent figure standing at 8.11% for Q1 2026.
- Quarterly Net Margin rose 332.0% year-over-year to 8.11% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.56% (down 126.0% YoY) and the FY2025 annual result came in at 5.73%, down 324.0% from the prior year.
- Net Margin was 8.11% for Q1 2026 at Wynn Resorts, up from 6.55% in the prior quarter.
- Across five years, Net Margin topped out at 42.04% in Q4 2023 and bottomed at 26.7% in Q1 2022.
- A 5-year average of 1.89% and a median of 4.79% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin soared 4539 bps — and 2024, when it slumped 2451 bps.
- Wynn Resorts' Net Margin stood at 3.34% in 2022, then jumped by 1358 bps to 42.04% in 2023, then slumped by 58 bps to 17.53% in 2024, then tumbled by 63 bps to 6.55% in 2025, then grew by 24 bps to 8.11% in 2026.
- Business Quant data shows WYNN's Net Margin at 8.11% in Q1 2026, 6.55% in Q4 2025, and 7.0% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 17.88% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 3.92% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 8.11% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 10.46% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 129.40% |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -2.89% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 28.23% |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 5.29% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 16.31% |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 5.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.11% |
| Dec 31, 2025 | 6.55% |
| Sep 30, 2025 | 7.00% |
| Jun 30, 2025 | 4.43% |
| Mar 31, 2025 | 4.79% |
| Dec 31, 2024 | 17.53% |
| Sep 30, 2024 | -0.32% |
| Jun 30, 2024 | 8.44% |
| Mar 31, 2024 | 9.48% |
| Dec 31, 2023 | 42.04% |
| Sep 30, 2023 | -7.21% |
| Jun 30, 2023 | 8.01% |
| Mar 31, 2023 | 0.08% |
| Dec 31, 2022 | -3.34% |
| Sep 30, 2022 | -23.36% |
| Jun 30, 2022 | -23.48% |
| Mar 31, 2022 | -26.70% |
| Dec 31, 2021 | -24.60% |
| Sep 30, 2021 | -24.73% |
| Jun 30, 2021 | -17.51% |