WYNNWYNN RESORTS LTD
Hotels & Motels
- Revenue
- $7.1B
- 0.1% YoY
- Operating margin
- 15.7%
- 1.4% YoY
- EBITDA
- $1.7B
- 2.9% YoY
- Market cap
- $7.7B
- Employees
- 28,500
- $250K revenue each
- Net debt / EBITDA
- 5.3×
- $9.2B net debt
- AI in 10-K
- 0.1
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo413% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo41% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo98% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$250K · 57th pctBottom quartile of its SIC industry
- Quiet on AIYes0.1 per 10K words · 9th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo5.3× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$7.7B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$82M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3.8B | $3.8B | $6.5B | $7.1B | $7.1B | 0.1% |
| Operating income | −$395M | −$101M | $840M | $1.1B | $1.1B | 1.3% |
| Net income | −$756M | −$424M | $730M | $501M | $327M | 35% |
| Operating cash flow | −$223M | −$71M | $1.2B | $1.4B | $1.4B | 5.2% |
| Capex | $291M | $300M | $443M | $420M | $660M | 57% |
| Stock-based comp | $95M | $68M | $65M | $59M | $92M | 56% |
| Buybacks | $14M | $187M | $212M | $402M | $380M | 5.4% |
| Dividends | $2M | $1M | $85M | $140M | $175M | 25% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.