Is the business good?
How good a business is RRR?
Red Rock Resorts, Inc. earns 12% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
12%
Return on invested capital · cost of capital 9.0% · 3.1 points above what the capital costs: growth creates value
- Operating margin
- 28%
Operating margin · Resorts & Casinos median 15% · 12 months to Q2 2026
- Cash conversion
- 1.14×
Cash conversion · 1.76× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −43%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 7.5% |
| FY2021 | 25% |
| FY2022 | 34% |
| FY2023 | 32% |
| FY2024 | 29% |
| FY2025 | 30% |
Details›
- Operating margin12 months to Q2 2026
- 28%
- Net margin12 months to Q2 2026
- 8.4%
- Free cash flow margin
- 9.6%
- Revenue, trailing twelve months
- $2.00B
- Free cash flow, trailing twelve months
- $193M
- Net income, trailing twelve months
- $169M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 12%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Resorts & Casinos
Ranks #3 of 12 by Smart Score