Feed / WYNN

Wynn Resorts, Limited

WYNN

Consumer Cyclical · 88.43 -2.0% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Wynn Resorts, Limited's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Company-2.0% todayVolume comparison unavailable
Market group0 of 3 activeResorts & Casinos · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
  • WYNN's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if WYNN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Resorts & Casinos

No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • WYNN's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations601
Usable filing statements148
Verified relationships3
Evidence supporting the case
  • Operating cash flow covered net income at 4.13x in the latest annual period.
Evidence challenging the case
  • Net margin changed -2.4 percentage points in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 5 filings.
Questions before a position
  • EV/sales is 74% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

88.43
6m-11.6%12m-27.2%24m+14.7%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.8B+79.6%$-6.64+6.6%
2022-12-31$3.8B-0.2%$-3.73-0.1%
2023-12-31$6.5B+73.9%$6.32-0.7%
2024-12-31$7.1B+9.1%$4.35-2.3%
2025-12-31$7.1B+0.1%$3.14-5.5%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 5 filings
Interest expense, exclusive of capitalized interest, increased $6.1 million, primarily due to an increase in the weighted average interest rate from 6.08% for the six months ended June 30, 2025 to 6.18% for the six months ended June 30, 2026.
10-Q · Aug 6, 2026
Capital investment and capacitypositive · 1 filings
Depreciation and amortization expense increased $17.6 million, which includes increases across all of our properties, resulting from enhancements to our properties and maintenance capital expenditures.
10-Q · Aug 6, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.3× · EV/sales 2.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

88.43-2.0% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for WYNN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for WYNN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind WYNN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ECRFiling-linked namepartnerMar 2, 2026

We refer to Wynn Las Vegas, Encore, an expansion at Wynn Las Vegas, and the Retail Joint Venture as our Las Vegas Operations.

MLCOMelco Resorts & Entertainment LimitedcompetitorMar 2, 2026

In addition to Wynn Resorts (Macau) S.A.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

WYNN is currently a Early Follower in the organic co-movement group Resorts & Casinos. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for WYNN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.