WYNN RESORTS LTD
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 10,547 | 102.7 |
| Stockholders' equity | (275) | -2.7 |
| Total capitalization | 10,271 | 100.0 |
102,973,891 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 6 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 10,547 |
| Long-term debt, noncurrent | 10,537 |
| Current maturities | 9 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 400,000,000 |
| Common shares issued | 134,326,464 |
| Treasury shares | 30,336,677 |
| Par or stated value per share ($) | 0.01 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 7/31/26 | 102,973,891 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | – | – |
HISTORY AND BUSINESS
HISTORY: State of incorporation not stated in SEC records.
BUSINESS: Classified by the SEC under Standard Industrial Classification 7011, Hotels & Motels. Large accelerated filer. Principal executive office: 3131 Las Vegas Boulevard South, Las Vegas, NV 89109. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 7,138 | 7,128 | 6,532 |
| Selling, general and administrative | 1,117 | 1,080 | 1,065 |
| Depreciation and amortization | 621 | 659 | 687 |
| Operating income | 1,118 | 1,133 | 840 |
| Interest expense | 626 | 688 | 752 |
| Income before income taxes | 514 | 643 | 285 |
| Income taxes | 105 | 4 | (497) |
| Net income | 327 | 501 | 730 |
| Earned per share, diluted ($) | 3.14 | 4.35 | 6.32 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 1,463 | 2,426 |
| Receivables, net | 403 | 324 |
| Inventories | 88 | 76 |
| Total current assets | 2,684 | 2,922 |
| Property, plant and equipment, net | 6,626 | 6,521 |
| Goodwill | – | 18 |
| Total assets | 13,108 | 12,978 |
| Total current liabilities | 1,643 | 1,540 |
| Long-term debt | 10,537 | 10,500 |
| Total liabilities | 14,139 | 13,947 |
| Stockholders' equity | (275) | (224) |
| Total liabilities and equity | 13,108 | 12,978 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 7,138 | 1,118 | 327 | 4.6 | 3.14 | – | 1,353 | 660 | 692 | 13,108 | 14,139 | 10,547 | (275) | -118.8 | -38.28 |
| 12/31/24 | 7,128 | 1,133 | 501 | 7.0 | 4.35 | – | 1,426 | 420 | 1,006 | 12,978 | 13,947 | 10,542 | (224) | -223.5 | -47.03 |
| 12/31/23 | 6,532 | 840 | 730 | 11.2 | 6.32 | – | 1,248 | 443 | 805 | 13,996 | 15,097 | 11,738 | (251) | -290.4 | -46.70 |
| 12/31/22 | 3,757 | (101) | (424) | -11.3 | (3.73) | – | (71) | 300 | (371) | 13,415 | 15,055 | 12,117 | (751) | 56.5 | -16.14 |
| 12/31/21 | 3,764 | (395) | (756) | -20.1 | (6.64) | – | (223) | 291 | (513) | 12,531 | 13,367 | 11,935 | (214) | 352.5 | -55.66 |
| 12/31/20 | 2,096 | (1,232) | (2,067) | -98.6 | (19.37) | – | (1,072) | 290 | (1,363) | 13,870 | 14,607 | 13,066 | (352) | 587.3 | -37.12 |
| 12/31/19 | 6,611 | 878 | 123 | 1.9 | 1.15 | 3.75 | 901 | 1,063 | (162) | 13,871 | 12,330 | 10,404 | 1,743 | 7.1 | 5.97 |
| 12/31/18 | 6,718 | 736 | 572 | 8.5 | 5.35 | 2.75 | 961 | 1,476 | (514) | 13,216 | 11,401 | 9,423 | 2,034 | 28.1 | 4.63 |
| 12/31/17 | 6,070 | 1,056 | 747 | 12.3 | 7.28 | 2.00 | 1,877 | 935 | 941 | 12,682 | 11,603 | 9,629 | 948 | 78.8 | 10.16 |
| 12/31/16 | 4,346 | 522 | 242 | 5.6 | 2.38 | – | 971 | 1,226 | (255) | 11,954 | 11,696 | 10,125 | 158 | 153.2 | 64.11 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
WYNN RESORTS LTD
CIK 1174922 · EIN 46-0484987
PRINCIPAL OFFICE:
3131 Las Vegas Boulevard South, Las Vegas, NV 89109
Tel.: 7027707555
INCORPORATED:
–
INDUSTRY (SEC SIC CODE):
7011 · Hotels & Motels
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 2 March 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 3/2/26) · 10-K FY2024 (filed 2/13/25) · 10-K FY2023 (filed 2/23/24) · 10-K FY2022 (filed 2/27/23) · 10-K FY2021 (filed 2/28/22) · 10-K FY2020 (filed 2/26/21) · 10-K FY2019 (filed 2/28/20) · 10-K FY2018 (filed 2/28/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.