WYNN RESORTS LTD
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
WYNN$86.70+4.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Operating revenues: | |||
| Casino | $4,261,357 | $3,718,402 | $1,632,541 |
| Rooms | 1,242,058 | 1,185,671 | 802,138 |
| Food and beverage | 1,069,117 | 1,028,637 | 846,214 |
| Entertainment, retail and other | 555,429 | 599,187 | 475,932 |
| Total operating revenues | 7,127,961 | 6,531,897 | 3,756,825 |
| Operating expenses: | |||
| Casino | 2,586,960 | 2,238,671 | 1,099,801 |
| Rooms | 330,359 | 307,132 | 261,343 |
| Food and beverage | 859,426 | 822,323 | 700,549 |
| Entertainment, retail and other | 249,679 | 340,437 | 328,529 |
| General and administrative | 1,080,475 | 1,065,022 | 830,450 |
| Provision for credit losses | 4,986 | (3,964) | (7,295) |
| Pre-opening | 9,355 | 9,468 | 20,643 |
| Depreciation and amortization | 658,895 | 687,270 | 692,318 |
| Gain on EBH Transaction, net | — | — | (181,989) |
| Impairment of goodwill and intangible assets | — | 94,490 | 48,036 |
| Property charges and other | 215,095 | 130,877 | 65,116 |
| Total operating expenses | 5,995,230 | 5,691,726 | 3,857,501 |
| Operating income (loss) | 1,132,731 | 840,171 | (100,676) |
| Other income (expense): | |||
| Interest income | 130,342 | 175,785 | 29,758 |
| Interest expense, net of amounts capitalized | (688,410) | (751,509) | (650,885) |
| Change in derivatives fair value | 42,478 | 45,098 | 15,956 |
| Loss on debt financing transactions | (2,913) | (12,683) | — |
| Other | 29,170 | (11,479) | 5,811 |
| Other expense, net | (489,333) | (554,788) | (599,360) |
| Income (loss) before income taxes | 643,398 | 285,383 | (700,036) |
| (Provision) benefit for income taxes | (3,682) | 496,834 | (9,332) |
| Net income (loss) | 639,716 | 782,217 | (709,368) |
| Less: net (income) loss attributable to noncontrolling interests | (138,638) | (52,223) | 285,512 |
| Net income (loss) attributable to Wynn Resorts, Limited | $501,078 | $729,994 | $(423,856) |
| Basic and diluted net income (loss) per common share: | |||
| Net income (loss) attributable to Wynn Resorts, Limited: | |||
| Basic | $4.56 | $6.49 | $(3.73) |
| Diluted | $4.35 | $6.32 | $(3.73) |
| Weighted average common shares outstanding: | |||
| Basic | 109,966 | 112,523 | 113,623 |
| Diluted | 110,267 | 112,855 | 113,623 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.