RRR Consumer Cyclical

Red Rock Resorts, Inc.

$51.39-0.29%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Consumer Cyclical
Industry: Resorts & Casinos
Country: United States
Market cap: 5.2B USD
Enterprise value: 8.5B USD
Full-time employees: 9,500

Overall health

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.31 vs a peer median of 0.63), less short-term liquidity (current ratio 0.68 vs a peer median of 1.48) and more debt relative to equity (20.93× vs a peer median of 0.46×)higher risk: bigger price swings (beta 1.31 vs peers 0.63), less liquidity (current ratio 0.68 vs peers 1.48) and more debt vs equity (20.93× vs peers 0.46×)
About average: valuation

Ranks #675 of 1,502 consumer cyclical companies (top 45%)

See how it ranks against its peers

Worth knowing

Stock pay is large next to buybacks. Stock-based pay expense $83M vs $83M spent repurchasing shares over the 3 fiscal years to 2025.
Over three fiscal years Red Rock Resorts recorded $83M of stock-based pay expense and spent $83M repurchasing shares (repurchases can include shares withheld to cover employees' taxes).Over three fiscal years Red Rock Resorts recorded $83M of stock-based pay expense and spent $83M repurchasing shares.
Much more borrowing than peers. Debt is 20.9× equity vs a peer median of 0.5×.Debt is 20.9× equity vs peers 0.5×.
Debt is 20.9× shareholders' equity, against a peer median of 0.5×, among the highest 10% of its peer group.Debt is 20.9× shareholders' equity, vs peers 0.5×, among the highest 10% of its peer group.
Annual revenue rose 5 years in a row. Fiscal-year revenue rose from $1.2B in 2020 to $2.0B in 2025.
Red Rock Resorts's fiscal-year revenue rose in each of the five years to 2025, from $1.2B to $2.0B.
Wide margins. Operating margin 28% (12 months to Jun 2026) vs a peer median of 6.4%.Operating margin 28% vs peers 6.4%.
Red Rock Resorts keeps 28% of revenue as operating profit, more than 95% of peers (median 6.4%).

StockQuotient Score

54/ 100

Oct 5 54 → Nov 4 54

Valuation

Is the price right?

51/100

Moderate▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 52 → 51

Share price +3.3%-2
Peer companies moved+1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ Earnings yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield6.4%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score 0.62Sector median: 0.0439 · MAD: 0.0329

EBITDA yield8.8%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 0.01Sector median: 0.0877 · MAD: 0.0461

Free cash flow yield3.7%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score -0.45Sector median: 0.0614 · MAD: 0.0545

Other data (not scored)

Book yield3.3%

SEC filings · latest balance sheetOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.5650 · MAD: 0.3500

Growth

Is it growing?

75/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth87.3%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 3.27Sector median: 0.0420 · MAD: 0.2537

3-year revenue growth5.9%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score 0.25Sector median: 0.0425 · MAD: 0.0636

Revenue growth0.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.44Sector median: 0.0373 · MAD: 0.0653

Profitability

Does it earn well?

87/100

Strong

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ Operating margin
▲ ROA
▲ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin27.7%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score 3.74Sector median: 0.0638 · MAD: 0.0461

Return on assets7.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.73Sector median: 0.0331 · MAD: 0.0254

Return on invested capital12.1%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.80Sector median: 0.0733 · MAD: 0.0600

Other data (not scored)

Gross margin67.2%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.3025 · MAD: 0.1399

Return on equity196.7%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0746 · MAD: 0.0674

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Debt / equity
▼ Current ratio
▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.31

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -2.28Sector median: 0.6345 · MAD: 0.2980

Current ratio0.68×

SEC filings · latest balance sheetReported value33% base weight · Z-score -1.44Sector median: 1.4800 · MAD: 0.5570

Debt / equity20.93×

SEC filings · latest balance sheetOutlier capped at sector 5th/95th percentile33% base weight · Z-score -9.02Sector median: 0.4646 · MAD: 0.3556

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Red Rock Resorts

Is Red Rock Resorts getting weaker?: Its latest SEC filing (Aug 7, 2026) showed no major changes. Its overall score is unchanged at 54/100 since Oct 28, 2026.
How is Red Rock Resorts valued vs its peers?: Priced about in line with its peers. Valuation scores 51/100 against 1,612 consumer cyclical peers. Earnings yield 6.4% vs a peer median of 4.4% (stronger than 68% of peers).Earnings yield 6.4% vs peers 4.4% (stronger than 68% of peers). Free cash flow yield 3.7% vs a peer median of 6.1% (weaker than 66% of peers).Free cash flow yield 3.7% vs peers 6.1% (weaker than 66% of peers).
Is Red Rock Resorts growing?: Yes, faster than most of its peers. Growth scores 75/100 against 1,612 consumer cyclical peers. Earnings per share growth 87.3% vs a peer median of 4.2% (stronger than 88% of peers).Earnings per share growth 87.3% vs peers 4.2% (stronger than 88% of peers). Revenue growth 0.9% vs a peer median of 3.7% (weaker than 62% of peers).Revenue growth 0.9% vs peers 3.7% (weaker than 62% of peers).
How profitable is Red Rock Resorts?: More profitable than most of its peers. Profitability scores 87/100 against 1,612 consumer cyclical peers. Operating margin 27.7% vs a peer median of 6.4% (stronger than 95% of peers).Operating margin 27.7% vs peers 6.4% (stronger than 95% of peers).
How risky is Red Rock Resorts?: Higher risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Debt / equity 20.93× vs a peer median of 0.46× (weaker than 100% of peers).Debt / equity 20.93× vs peers 0.46× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 7, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	2.0B USD	2.0B USD	−0.8%
Net income (12 months)	353.8M USD	336.5M USD	−4.9%
Operating margin	29.0%	27.7%	−1.4 pts
Free cash flow (12 months)	255.1M USD	193.0M USD	−24.3%
Debt	3.5B USD	3.6B USD	+0.9%
Cash	134.0M USD	136.5M USD	+1.8%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Consumer Cyclical · 182 companies

Valuations in Consumer Cyclical are within their usual range since 2016.

36% of months since 2016 were valued lower than now.
15% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +0% and earnings +10% (medians): prices and earnings moved broadly together.
Median price-to-sales is −55% vs the whole market, against a usual −41%.

2016Shaded: most expensive fifth of its range2026

Shown for Consumer Cyclical: too few Resorts & Casinos companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Operating margin	24.8%	33.7%	32.4%	29.3%	29.7%	▲ 0.4 pts
Net margin	14.9%	12.3%	10.2%	7.9%	9.3%	▲ 1.4 pts
Return on assets (ROA)	7.7%	6.1%	4.5%	3.8%	4.5%	▲ 0.7 pts
Return on equity (ROE)	—	—	104.2%	71.6%	90.3%	▲ 19 pts
Free cash flow margin	33.9%	12.8%	-11.9%	13.6%	14.4%	▲ 0.8 pts
Current ratio	1.85×	0.75×	0.81×	0.91×	0.79×	▼ 13%
Quick ratio	1.79×	0.71×	0.76×	0.86×	0.74×	▼ 14%
Debt to equity	—	—	19.71×	15.84×	16.30×	▲ 2.9%
Interest coverage	3.89×	4.32×	3.09×	2.49×	2.96×	▲ 19%

RRR price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

Sanrio Company, Ltd.8136.T96/ 100

Track & Field Co S.A.TFCO4.SA92/ 100

Pop Mart International Group Limited9992.HK91/ 100

Bringing the fundamentals into focus…

Overall health

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.31 vs a peer median of 0.63), less short-term liquidity (current ratio 0.68 vs a peer median of 1.48) and more debt relative to equity (20.93× vs a peer median of 0.46×)higher risk: bigger price swings (beta 1.31 vs peers 0.63), less liquidity (current ratio 0.68 vs peers 1.48) and more debt vs equity (20.93× vs peers 0.46×)

About average: valuation

Ranks #675 of 1,502 consumer cyclical companies (top 45%)

See how it ranks against its peers

Worth knowing

Stock pay is large next to buybacks. Stock-based pay expense $83M vs $83M spent repurchasing shares over the 3 fiscal years to 2025.

Over three fiscal years Red Rock Resorts recorded $83M of stock-based pay expense and spent $83M repurchasing shares (repurchases can include shares withheld to cover employees' taxes).Over three fiscal years Red Rock Resorts recorded $83M of stock-based pay expense and spent $83M repurchasing shares.

Much more borrowing than peers. Debt is 20.9× equity vs a peer median of 0.5×.Debt is 20.9× equity vs peers 0.5×.

Debt is 20.9× shareholders' equity, against a peer median of 0.5×, among the highest 10% of its peer group.Debt is 20.9× shareholders' equity, vs peers 0.5×, among the highest 10% of its peer group.

Annual revenue rose 5 years in a row. Fiscal-year revenue rose from $1.2B in 2020 to $2.0B in 2025.

Red Rock Resorts's fiscal-year revenue rose in each of the five years to 2025, from $1.2B to $2.0B.

Wide margins. Operating margin 28% (12 months to Jun 2026) vs a peer median of 6.4%.Operating margin 28% vs peers 6.4%.

Red Rock Resorts keeps 28% of revenue as operating profit, more than 95% of peers (median 6.4%).

Questions investors ask about Red Rock Resorts

Is Red Rock Resorts getting weaker?

Its latest SEC filing (Aug 7, 2026) showed no major changes. Its overall score is unchanged at 54/100 since Oct 28, 2026.

How is Red Rock Resorts valued vs its peers?

Priced about in line with its peers. Valuation scores 51/100 against 1,612 consumer cyclical peers. Earnings yield 6.4% vs a peer median of 4.4% (stronger than 68% of peers).Earnings yield 6.4% vs peers 4.4% (stronger than 68% of peers). Free cash flow yield 3.7% vs a peer median of 6.1% (weaker than 66% of peers).Free cash flow yield 3.7% vs peers 6.1% (weaker than 66% of peers).

Is Red Rock Resorts growing?

Yes, faster than most of its peers. Growth scores 75/100 against 1,612 consumer cyclical peers. Earnings per share growth 87.3% vs a peer median of 4.2% (stronger than 88% of peers).Earnings per share growth 87.3% vs peers 4.2% (stronger than 88% of peers). Revenue growth 0.9% vs a peer median of 3.7% (weaker than 62% of peers).Revenue growth 0.9% vs peers 3.7% (weaker than 62% of peers).

How profitable is Red Rock Resorts?

More profitable than most of its peers. Profitability scores 87/100 against 1,612 consumer cyclical peers. Operating margin 27.7% vs a peer median of 6.4% (stronger than 95% of peers).Operating margin 27.7% vs peers 6.4% (stronger than 95% of peers).

How risky is Red Rock Resorts?

Higher risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Debt / equity 20.93× vs a peer median of 0.46× (weaker than 100% of peers).Debt / equity 20.93× vs peers 0.46× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

2.0B USD

2.0B USD

−0.8%

Net income (12 months)

353.8M USD

336.5M USD

−4.9%

Operating margin

29.0%

27.7%

−1.4 pts

Free cash flow (12 months)

255.1M USD

193.0M USD

−24.3%

Debt

3.5B USD

3.6B USD

+0.9%

Cash

134.0M USD

136.5M USD

+1.8%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Operating margin

24.8%

33.7%

32.4%

29.3%

29.7%

▲ 0.4 pts

Net margin

14.9%

12.3%

10.2%

7.9%

9.3%

▲ 1.4 pts

Return on assets (ROA)

7.7%

6.1%

4.5%

3.8%

4.5%

▲ 0.7 pts

Return on equity (ROE)

—

104.2%

71.6%

90.3%

▲ 19 pts

Free cash flow margin

33.9%

12.8%

-11.9%

13.6%

14.4%

▲ 0.8 pts

Current ratio

1.85×

0.75×

0.81×

0.91×

0.79×

▼ 13%

Quick ratio

1.79×

0.71×

0.76×

0.86×

0.74×

▼ 14%

Debt to equity

—

19.71×

15.84×

16.30×

▲ 2.9%

Interest coverage

3.89×

4.32×

3.09×

2.49×

2.96×

▲ 19%