XNASRRR
Market cap2.62bUSD
Jan 08, Last price
43.72USD
1D
-1.90%
1Q
-15.34%
Jan 2017
89.48%
IPO
134.60%
Name
Red Rock Resorts Inc
Chart & Performance
Profile
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 9 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. As of December 31, 2021, it operated approximately 13,894 slot machines, 240 table games, and 3,081 hotel rooms in the Las Vegas market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was incorporated in 1976 and is based in Las Vegas, Nevada.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 1,724,086 3.62% | 1,663,786 2.84% | |||||||
Cost of revenue | 1,000,886 | 941,758 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 723,200 | 722,028 | |||||||
NOPBT Margin | 41.95% | 43.40% | |||||||
Operating Taxes | 42,984 | 44,530 | |||||||
Tax Rate | 5.94% | 6.17% | |||||||
NOPAT | 680,216 | 677,498 | |||||||
Net income | 176,004 -54.91% | 390,352 10.01% | |||||||
Dividends | (58,590) | (116,675) | |||||||
Dividend yield | 1.06% | 2.79% | |||||||
Proceeds from repurchase of equity | (14,721) | (141,507) | |||||||
BB yield | 0.27% | 3.38% | |||||||
Debt | |||||||||
Debt current | 32,241 | 30,859 | |||||||
Long-term debt | 3,337,213 | 2,963,517 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 30,330 | 61,541 | |||||||
Net debt | 3,231,868 | 2,877,087 | |||||||
Cash flow | |||||||||
Cash from operating activities | 494,337 | 542,224 | |||||||
CAPEX | (701,624) | (561,347) | |||||||
Cash from investing activities | (653,851) | (442,144) | |||||||
Cash from financing activities | 179,811 | (290,046) | |||||||
FCF | 522,889 | 294,011 | |||||||
Balance | |||||||||
Cash | 137,586 | 117,289 | |||||||
Long term investments | |||||||||
Excess cash | 51,382 | 34,100 | |||||||
Stockholders' equity | 236,542 | 32,243 | |||||||
Invested Capital | 3,586,152 | 3,051,117 | |||||||
ROIC | 20.50% | 22.51% | |||||||
ROCE | 19.88% | 23.42% | |||||||
EV | |||||||||
Common stock shares outstanding | 103,217 | 104,663 | |||||||
Price | 53.33 33.29% | 40.01 -27.27% | |||||||
Market cap | 5,504,563 31.45% | 4,187,567 -34.63% | |||||||
EV | 8,811,479 | 7,053,113 | |||||||
EBITDA | 855,736 | 850,396 | |||||||
EV/EBITDA | 10.30 | 8.29 | |||||||
Interest | 181,023 | 129,889 | |||||||
Interest/NOPBT | 25.03% | 17.99% |