Wynn Resorts, Limited (WYNN) Key Metrics

NASDAQ: WYNNValuation, returns, debt and efficiency ratios over 10 years.

WYNN valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$7.78B
Enterprise value
$18.74B
P/E (TTM)
18.1
10-yr median 23.1
Forward P/E
13.9
PEG ratio
0.73
Price / sales
1.1
10-yr median 2.1
Price / book
13.9
10-yr median 12.8
EV / EBITDA
9.6
10-yr median 14.9
Dividend yield
1.32%
$1.00 a year
Beta
0.95

WYNN key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

WYNN valuation Price multiples at each fiscal year-end price.

P/E ratio+102.1%
38.3
2025 · hover or tap a bar for each year
2016: 36.4 (+1.1%)2017: 23.1 (−36.4%)2018: 18.1 (−21.7%)2019: 120.8 (+566.6%)2023: 14.12024: 19.0 (+34.6%)2025: 38.3 (+102.1%)
20162025
Price / sales+31.8%
1.8
2025 · hover or tap a bar for each year
2016: 2.0 (+14.3%)2017: 2.7 (+39.0%)2018: 1.6 (−42.5%)2019: 2.2 (+42.6%)2020: 5.7 (+155.7%)2021: 2.6 (−55.3%)2022: 2.5 (−3.0%)2023: 1.6 (−36.9%)2024: 1.3 (−15.3%)2025: 1.8 (+31.8%)
20162025
EV / EBITDA+33.8%
12.9
2025 · hover or tap a bar for each year
2016: 17.3 (+17.3%)2017: 14.9 (−14.0%)2018: 10.2 (−31.7%)2019: 15.1 (+48.5%)2021: 61.92022: 30.2 (−51.2%)2023: 11.6 (−61.8%)2024: 9.7 (−16.4%)2025: 12.9 (+33.8%)
20162025
Price / free cash flow+91.6%
18.1
2025 · hover or tap a bar for each year
2017: 18.62023: 13.92024: 9.5 (−31.8%)2025: 18.1 (+91.6%)
20162025
Free cash flow yield−5.0 pts
5.5%
2025 · hover or tap a bar for each year
2016: −3.1% (+16.2 pts)2017: 5.4% (+8.4 pts)2018: −6.1% (−11.4 pts)2019: −1.1% (+4.9 pts)2020: −11.3% (−10.2 pts)2021: −5.9% (+5.4 pts)2022: −4.5% (+1.4 pts)2023: 7.2% (+11.7 pts)2024: 10.6% (+3.4 pts)2025: 5.5% (−5.0 pts)
20162025

WYNN valuation history

Fiscal year-endToday10-year median

WYNN returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

WYNN debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

WYNN cash returned to shareholders

DividendsBuybacksFree cash flow

WYNN price vs earnings per share

Share price at year-endEPS (right axis)

WYNN key metrics

2016–2025
Wynn Resorts, Limited key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$12.54B$9.50B$10.28B$9.37B$9.67B$12.04B$14.86B$10.59B$17.30B$8.81B
Enterprise value$22.77B$19.24B$19.93B$19.45B$19.20B$21.75B$23.07B$17.79B$23.95B$16.47B
P/E ratio38.319.014.1———120.818.123.136.4
Price / sales1.81.31.62.52.65.72.21.62.72.0
Price / book——————9.65.816.034.2
Price / free cash flow18.19.513.9—————18.6—
Price / operating cash flow9.36.78.2———16.511.09.29.1
EV / sales3.22.73.15.25.110.43.52.63.83.7
EV / EBITDA12.99.711.630.261.9—15.110.214.917.3
EV / free cash flow32.919.226.9—————25.8—
Earnings yield2.6%5.3%7.1%−4.5%−7.8%−17.2%0.8%5.5%4.3%2.7%
Free cash flow yield5.5%10.6%7.2%−4.5%−5.9%−11.3%−1.1%−6.1%5.4%−3.1%
Dividend yield1.4%1.5%0.8%0.0%0.0%0.9%3.8%5.4%3.3%3.7%
Shareholder yield (dividends + buybacks)4.4%5.7%2.9%2.0%0.2%1.0%4.3%6.9%3.4%3.8%
Share price at fiscal year-end$120.33$86.16$91.11$82.47$85.04$112.83$138.87$98.91$168.59$86.51
Per share
Revenue per share$68.47$64.64$57.88$33.06$33.08$19.63$61.79$62.76$61.47$43.85
Earnings per share$3.14$4.54$6.47−$3.73−$6.64−$19.37$1.15$5.46$7.28$2.38
Operating cash flow per share$12.98$12.93$11.06−$0.63−$1.96−$10.05$8.42$8.98$18.29$9.53
Free cash flow per share$6.64$9.10$6.56−$3.73−$5.00−$12.76−$1.57−$5.99$9.04−$2.65
Cash per share$19.81$22.00$33.00$32.13$22.17$32.62$21.98$20.69$28.96$25.79
Book value per share−$9.89−$8.78−$9.76−$14.44−$7.35−$6.91$14.41$16.96$10.51$2.53
Tangible book value per share−$12.04−$11.26−$12.68−$16.60−$10.05−$9.51$12.87$14.88$9.30$1.42
Dividends per share$1.68$1.27$0.75$0.01$0.01$1.02$5.30$5.32$5.55$3.19
Capex per share$6.34$3.83$4.49$3.10$3.05$2.72$9.99$14.97$9.25$12.18
Debt per share$117.92$110.33$118.47$120.86$105.92$123.56$98.73$88.04$93.85$101.01
Shares outstanding104.2M110.3M112.9M113.6M113.8M106.7M107.0M107.0M102.6M101.9M
Change in shares outstanding−5.5%−2.3%−0.7%−0.1%+6.6%−0.2%−0.0%+4.3%+0.7%+0.2%
Returns & profitability
Return on equity (ROE)——————7.3%40.4%111.8%173.0%
Return on invested capital (ROIC)10.2%13.0%9.9%−0.9%−3.5%−10.4%6.0%8.9%13.5%6.6%
Return on assets (ROA)2.5%3.7%5.3%−3.3%−5.7%−14.9%0.9%4.5%6.1%2.2%
Return on tangible assets2.5%3.9%5.3%−3.2%−6.2%−15.2%0.9%4.5%5.9%2.0%
Free cash flow margin9.7%14.1%11.3%−11.3%−15.1%−65.0%−2.5%−9.5%14.7%−6.1%
Income quality (OCF / net income)4.132.851.71———7.331.652.514.01
Financial health
Total debt$12.29B$12.17B$13.37B$13.73B$12.05B$13.19B$10.56B$9.42B$9.63B$10.29B
Cash & short-term investments$2.07B$2.43B$3.72B$3.65B$2.52B$3.48B$2.35B$2.22B$2.97B$2.63B
Net debt$10.23B$9.74B$9.65B$10.08B$9.53B$9.71B$8.21B$7.21B$6.66B$7.66B
Debt / equity——————6.855.198.9339.89
Debt / assets0.910.940.961.020.960.950.760.710.760.86
Net debt / EBITDA5.814.895.5915.6730.73—5.384.124.148.06
Current ratio1.631.901.932.222.232.031.441.401.772.11
Quick ratio1.581.851.892.192.181.991.401.371.742.05
Interest coverage1.81.61.1-0.2-0.7-2.22.12.02.71.8
Working capital$1.04B$1.38B$2.04B$2.22B$1.59B$1.93B$873.5M$759.3M$1.49B$1.57B
Invested capital$9.20B$8.77B$8.54B$8.44B$8.69B$8.97B$9.75B$9.02B$7.74B$7.92B
Tangible asset value−$1.26B−$1.24B−$1.43B−$1.89B−$1.14B−$1.02B$1.38B$1.59B$954.6M$144.3M
Net current asset value−$11.85B−$11.02B−$10.86B−$11.03B−$10.49B−$10.79B−$9.47B−$8.76B−$8.18B−$8.71B
Graham number——————$19.30$45.63$41.50$11.63
Graham net-net per share−$116.18−$101.93−$98.17−$98.64−$93.71−$102.50−$90.42−$83.58−$82.15−$86.98
Capital allocation
Dividends paid$174.7M$139.6M$84.7M$1.4M$1.6M$108.8M$566.5M$569.8M$569.8M$325.2M
Share buybacks (net)$380.1M$401.8M$212.5M$187.5M$13.8M$11.5M$67.0M$159.5M$17.8M$14.0M
Dividend payout ratio53.4%27.9%11.6%———460.6%97.5%76.3%134.4%
Dividends + buybacks / free cash flow80.2%53.9%40.1%—————63.3%—
Capex / revenue9.3%5.9%7.8%9.4%9.2%13.8%16.2%23.9%15.0%27.8%
Capex / operating cash flow48.9%29.6%40.6%———118.7%166.7%50.6%127.9%
Capex / depreciation1.060.640.740.510.480.401.712.911.723.07
Stock-based compensation / revenue1.3%0.8%1.0%1.8%2.5%3.0%0.6%0.5%0.7%1.0%
SG&A / revenue15.6%15.2%16.4%22.1%21.2%34.4%14.5%11.9%11.5%13.1%
Efficiency
Days sales outstanding18.917.015.620.219.447.617.213.612.816.6
Days of inventory on hand6.26.97.210.79.716.27.06.27.510.9
Days payables outstanding17.518.720.028.122.843.026.227.126.933.5
Cash conversion cycle (days)7.65.22.82.86.320.8-2.1-7.3-6.6-5.9
Receivables turnover19.3121.4123.4218.0818.847.6721.2226.8328.4721.96
Payables turnover20.8619.4818.2812.9916.048.4813.9213.4613.5710.90
Inventory turnover58.4653.2150.9334.1337.5622.5252.4359.1148.5833.42
Asset turnover0.540.530.480.290.290.150.490.520.510.40
Average receivables$369.7M$332.9M$278.9M$207.7M$199.8M$273.3M$311.5M$250.4M$221.5M$203.4M
Average payables$230.2M$206.7M$202.9M$184.0M$159.5M$205.5M$292.1M$303.6M$292.0M$254.4M
Average inventory$82.1M$75.7M$72.8M$70.0M$68.1M$77.4M$77.6M$69.1M$81.6M$83.0M
Intangibles / total assets1.7%2.1%2.4%1.8%2.5%2.0%1.2%1.7%1.0%1.0%

Computed from WYNN's annual financial statements (latest annual report filed March 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

WYNN valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Wynn Resorts traded at 38.3 times earnings, against a 10-year median of 23.1. Based on the latest twelve months, the trailing P/E is 18.1 and the forward P/E is 13.9. Wynn Resorts earned a return on invested capital of 10.2% in fiscal 2025. It ended the year with $12.3 billion of debt and $2.1 billion in cash and short-term investments, net debt of $10.2 billion. It returned $554.8 million to shareholders: $174.7 million in dividends and $380.1 million in share buybacks, 80% of free cash flow.

See the WYNN income statement, the WYNN chart for price history, or the WYNN stock overview for the latest quote and news.

WYNN key metrics FAQ

What is Wynn Resorts's P/E ratio?

Wynn Resorts's trailing P/E ratio is 18.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.9. At the end of fiscal 2025 it was 38.3, compared with a 10-year median of 23.1.

What is Wynn Resorts's EV/EBITDA?

Wynn Resorts's enterprise value was 12.9 times EBITDA at the end of fiscal 2025 (enterprise value $22.8 billion, EBITDA $1.8 billion); the current EV/EBITDA is 9.6.

What is Wynn Resorts's ROIC?

Wynn Resorts's return on invested capital was 10.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Wynn Resorts have?

Wynn Resorts had total debt of $12.3 billion at the end of fiscal 2025 and $10.2 billion of net debt (5.81 times EBITDA).

What is Wynn Resorts's dividend yield?

Wynn Resorts's forward dividend yield is 1.32%. Wynn Resorts paid $174.7 million in dividends in fiscal 2025 ($1.68 per share), a payout ratio of 53.4%.

Does Wynn Resorts buy back its shares?

Yes. Wynn Resorts spent $380.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −5.5% over the year, to 104.2M..

What is Wynn Resorts's free cash flow yield?

Wynn Resorts generated $691.8 million of free cash flow in fiscal 2025, a free cash flow yield of 5.5% on its market value at year-end ($12.5 billion).

What is Wynn Resorts's current ratio?

Wynn Resorts's current ratio was 1.63 at the end of fiscal 2025: current assets were 1.63 times current liabilities.

Resorts & Casinos key metrics