Wynn Resorts (WYNN) stock
Consumer Discretionary · Casinos & Gaming
Wynn Resorts (WYNN) is a Casinos & Gaming company in the Consumer Discretionary sector, headquartered in Paradise, Nevada. As of October 23, 2026, WYNN closed at $72.73, a market capitalization of $7.49 billion, the 499th largest company in the S&P 500. Over the last twelve months it generated $7.41 billion in revenue (+7% year over year) and $791.87 million in free cash flow. The stock trades at 17.4x trailing earnings and 15.6x forward earnings.
- 1-year total return: -41.5% (dividends reinvested)
- 5-year return: -3.3% a year
- 52-week range: $72.29 – $134.72
- Gross margin 68.3%, operating margin 16.5%
- Dividend yield: 1.37%
- FI Handbook report card: B- across 9 metrics
- 45th largest of 47 Consumer Discretionary stocks in the S&P 500
WYNN price chart
1Y price change: -42.0% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| WYNN | -10.7% | -39.1% | -41.5% | -5.8% | -3.3% | -1.5% | +10.3% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2002.
WYNN key statistics
- Market cap
- $7.5B
- #499 in S&P 500
- P/E (TTM)
- 17.4x
- Forward P/E
- 15.6x
- EPS (TTM)
- $4.17
- Revenue (TTM)
- $7.4B
- +7%
- Free cash flow
- $791.9M
- Gross margin
- 68.3%
- Operating margin
- 16.5%
- Return on equity
- —
- Dividend yield
- 1.37%
- 52-week range
- $72.29 – $134.72
- Beta
- 0.95
- Price / sales
- 1.0x
- EV / EBITDA
- 9.3x
- Debt / equity
- —
- Employees
- 28,500
WYNN report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth6.9%C
- Gross margin68.3%A
- Operating margin16.5%C
- FCF margin10.7%C
- Return on equity——
- Net debt / EBITDA5.7xF
- Forward P/E15.6xB
- PEG ratio0.7xA
- Shareholder yield6.5%A
- Share count change / yr-0.5%C
Wynn Resorts financials
Revenue went from $4.3B in fiscal 2016 to $7.1B in fiscal 2025, growing 5.7% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.3B | $6.1B | $6.7B | $6.6B | $2.1B | $3.8B | $3.8B | $6.5B | $7.1B | $7.1B |
| Operating income | $521.7M | $1.1B | $735.5M | $878.3M | -$1.2B | -$394.5M | -$100.7M | $840.2M | $1.1B | $1.1B |
| Net income | $242.0M | $747.2M | $572.4M | $123.0M | -$2.1B | -$755.8M | -$423.9M | $730.0M | $501.1M | $327.3M |
| EPS (diluted) | $2.38 | $7.28 | $5.35 | $1.15 | $-19.37 | $-6.64 | $-3.73 | $6.32 | $4.35 | $3.14 |
| Free cash flow | -$255.4M | $941.1M | -$514.5M | -$162.2M | -$1.4B | -$513.2M | -$371.4M | $805.1M | $1.0B | $692.2M |
| Buybacks | $14.0M | $17.8M | $159.5M | $67.0M | $11.5M | $13.8M | $187.5M | $212.5M | $401.8M | $380.1M |
| Dividends paid | $325.2M | $320.8M | $569.8M | $566.5M | $108.8M | $1.6M | $1.4M | $84.7M | $139.6M | $174.7M |
| Diluted shares | 101.9M | 102.6M | 107.0M | 107.0M | 106.7M | 113.8M | 113.6M | 112.9M | 110.3M | 104.2M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into WYNN?
A reverse DCF asks what growth the current price requires. With an enterprise value of $17.7B and $791.9M of trailing free cash flow, Wynn Resorts needs to grow free cash flow about 13.4% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 23.2x vs. median 28.2x (10th–90th percentile 14.5x–106.3x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
WYNN dividend
- Dividend yield
- 1.37%
- Annual dividend
- $1.00
- Years of increases
- —
- 5-yr dividend growth
- -18.3%
- per year
- Payout ratio
- 24%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
WYNN analyst price targets
20 analysts' average 12-month target is $121.65 (+67% vs. $72.73). Targets range from $102.00 to $138.00. 100% rate it a buy.
WYNN earnings
Next report: November 5, 2026. Wynn Resorts has beaten EPS estimates 2 quarters in a row. Last quarter's revenue was $1.9B (+7% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 4, 2026 | $0.98 | $1.24 | +26.4% |
| May 7, 2026 | $1.18 | $1.25 | +5.5% |
| Feb 12, 2026 | $1.48 | $1.17 | -20.7% |
| Nov 6, 2025 | $1.15 | $0.86 | -25.4% |
| Aug 7, 2025 | $1.20 | $1.09 | -8.8% |
| May 6, 2025 | $1.24 | $1.07 | -14.0% |
| Feb 13, 2025 | $1.27 | $2.42 | +91.1% |
| Nov 4, 2024 | $1.10 | $0.90 | -17.9% |
Stocks like WYNN
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 LVS Las Vegas Sands | -2.33% | -36% | $23.1B | 14.6x | Compare |
 MGM MGM Resorts International | -4.88% | -15% | $7.2B | 17.3x | Compare |
 AMZN Amazon.com | -0.95% | +12% | $2.7T | 20.0x | Compare |
 TSLA Tesla | -0.63% | -17% | $1.5T | 409.0x | Compare |
 HD Home Depot | -2.41% | -15% | $319.1B | 21.5x | Compare |
 MCD McDonald's | -1.65% | -17% | $175.8B | 20.2x | Compare |
 TJX TJX Companies | -1.57% | +3% | $159.6B | 26.9x | Compare |
 BKNG Booking Holdings Inc. Common St | -3.27% | -23% | $117.1B | 17.3x | Compare |
WYNN news
- UNITE HERE Local 26: MA Gaming Commission shows Wynn Resort's Boston Casino with lowest GGR Since February 2021 · Oct 21, 2026
- Wynn Resorts Announces Third Quarter Earnings Release Date · Oct 6, 2026
- Las Vegas Sands or Wynn Resorts: Which Casino Dividend Is the Better Bet? · Oct 2, 2026
- Is Wynn Resorts Stock Underperforming the Dow? · Sep 27, 2026
- Wynn Resorts (WYNN) Stock Seems About Right After Its Sharp Fall · Sep 26, 2026
WYNN stock FAQ
What is WYNN's market cap?
Wynn Resorts's market capitalization is $7.49 billion as of October 23, 2026, ranking 499th in the S&P 500.
What is WYNN's P/E ratio?
WYNN trades at a trailing price-to-earnings ratio of 17.4x and a forward P/E of 15.6x. Its median P/E over the period we track is 28.2x.
Does WYNN pay a dividend?
Yes. Wynn Resorts pays $1.00 per share a year, a 1.37% yield. Dividends fell 18.3% a year over the last five years.
How much has WYNN stock returned?
Including reinvested dividends, WYNN returned -41.5% over one year, -3.3% a year over five years, -1.5% a year over ten years through October 23, 2026.
Is WYNN stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Wynn Resorts must grow free cash flow about 13% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the WYNN price target?
20 analysts cover WYNN with an average 12-month price target of $121.65, +67% from the current price. 100% of them rate it a buy.
When does WYNN report earnings?
Wynn Resorts is expected to report earnings on November 5, 2026. It has beaten EPS estimates 2 quarters in a row.
How many employees does Wynn Resorts have?
Wynn Resorts has about 28,500 full-time employees, or $260,120 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology