Red Rock Resorts, Inc.

NASDAQ•RRR

CEO: Mr. Frank J. Fertitta III

Sector: Consumer Cyclical

Industry: Gambling, Resorts & Casinos

Listing Date: 2016-04-27

Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional 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 founded in 1976 and is based in Las Vegas, Nevada.

Contact Information

1505 South Pavilion Center Drive, Las Vegas, NV, 89135, United States

702-495-3000

www.redrockresorts.com

Market Cap

$3.43B

P/E (TTM)

18.1

15.3

Dividend Yield

5.2%

52W High

$68.99

52W Low

$35.09

52W Range

68%

Rank53Top 76.1%

2.8

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 2.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$511.78M+0.00%

4-Quarter Trend

EPS

$0.76+0.00%

4-Quarter Trend

FCF

$422.49M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Revenue Increased 3.7% Net revenues totaled $2.01B in 2025, marking a 3.7% increase over 2024 results. Casino revenue grew 5.0%.

Operating Income Rises 5.1% Operating income reached $597.4M in 2025, reflecting a 5.1% improvement driven by strong casino performance.

Net Income Attributable Surges Net income attributable to Red Rock Resorts grew 22.1% to $188.1M for the year ended December 31, 2025.

Strong Cash Flow Generation Cash provided by operating activities totaled $609.5M in 2025, showing strong liquidity generation compared to prior year.

Risk Factors

Dependence on Las Vegas Market Heavy concentration in Las Vegas subjects operations to local economic downturns, population shifts, and competitive risks.

Consumer Spending Sensitivity Business is sensitive to discretionary spending changes driven by inflation, interest rates, and housing market uncertainty.

Unionization Efforts Disruptions Ongoing union organization activities risk labor disputes, work stoppages, and potential significant increases in labor costs.

Substantial Debt Obligations Outstanding indebtedness of $3.43B requires significant debt service payments, limiting financial flexibility and capital deployment.

Outlook

North Fork Project Construction Construction on the North Fork Project commenced in September 2024; estimated completion and opening is Q4 2026.

Capital Structure Flexibility Maintained Maintain flexible capital structure to balance pursuing new growth opportunities and disciplined return of capital.

Focus on Operational Excellence Culture emphasizes operational excellence and cost management to maximize Adjusted EBITDA margins versus peers.

Extended Share Repurchase Plan Board extended repurchase authorization to $900.0M; $524.4M remained available for Class A common stock buybacks.

Peer Comparison

Revenue (TTM)

ASO

$6.05B

+2.0%

ANF

$5.27B

+6.4%

HGV

$5.05B

+1.3%

Gross Margin (Latest Quarter)

SBET

97.6%

+76.4pp

CARG

90.4%

+10.6pp

HGV

89.1%

-94.2pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
ANF	$4.05B	7.7	39.0%	33.0%
PATK	$3.75B	27.0	11.7%	53.4%
HGV	$3.53B	34.0	8.1%	63.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

0.9%

Moderate Growth

4Q Net Income CAGR

-0.1%

Stable Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data