Wynn Resorts (WYNN) Operating Margin (2009 - 2026)

Wynn Resorts (WYNN) reported Operating Margin of 15.22% for Q1 2026, down 58.0% on a YoY basis from 36.24% in Q1 2025, and up 3.39% quarter-over-quarter from 14.72% in Q4 2025.

Wynn Resorts (WYNN) Operating Margin (2009 - 2026) Analysis & Trends

Wynn Resorts has reported Operating Margin for 18 years, with the latest figure at 15.22% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 58.0% year-over-year to 15.22%; the trailing twelve-month figure through Mar 2026 stood at 15.52% (up 62.0% YoY), and the FY2025 full-year result was 15.67%, down 22.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 15.22%, up from 14.72% in the prior quarter.
  • The five-year high for Operating Margin was 19.95% in Q4 2024, with the low at 9.95% in Q1 2022.
  • Historically, Operating Margin has averaged 10.58% across 5 years, with a median of 15.22% in 2026.
  • Annual changes were most pronounced in 2023 — Operating Margin surged 2186 bps — and 2025, when it tumbled 523 bps.
  • Wynn Resorts' Operating Margin stood at 9.87% in 2022, then jumped by 97 bps to 19.44% in 2023, then gained by 3 bps to 19.95% in 2024, then dropped by 26 bps to 14.72% in 2025, then gained by 3 bps to 15.22% in 2026.
  • The last three Operating Margin figures came in at 15.22% (Q1 2026), 14.72% (Q4 2025), and 16.93% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 15.22%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 16.44%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - 195.99%
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 17.42%
5 Vail Resorts 4.85 Bn 4.81 Bn - 31.83%
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn -2.96%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 28.32%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 4.77%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 5.46%
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn -48.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.22%
Dec 31, 2025 14.72%
Sep 30, 2025 16.93%
Jun 30, 2025 15.23%
Mar 31, 2025 15.80%
Dec 31, 2024 19.95%
Sep 30, 2024 7.87%
Jun 30, 2024 15.56%
Mar 31, 2024 19.48%
Dec 31, 2023 19.44%
Sep 30, 2023 3.74%
Jun 30, 2023 15.69%
Mar 31, 2023 11.91%
Dec 31, 2022 9.87%
Sep 30, 2022 -5.96%
Jun 30, 2022 -5.72%
Mar 31, 2022 -9.95%
Dec 31, 2021 -10.13%
Sep 30, 2021 -8.41%
Jun 30, 2021 -2.98%