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Wynn Resorts (WYNN) Financial Forecast Calculator

Interactive 5-year forecast and DCF for Wynn Resorts. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Wynn Resorts’s most recent SEC filings.

Revenue FY30
$6.43B
from $6.53B
FCF FY30
$1.49B
Margin 23.2%
Enterprise value
$24.20B
3.7× LTM revenue
Equity value
$16.08B
Net debt $8.12B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
-0.3%
-10.0%baseline -0.3%40.0%
Gross margin
45.0%
5.0%baseline 45.0%90.0%
Capex % of revenue
10.5%
0.0%baseline 10.5%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the Wynn Resorts forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

What does Wynn Resorts do?+

Wynn Resorts, Limited develops and operates high-end luxury integrated resorts featuring casino gaming, premium accommodation, and extensive food, beverage, and entertainment amenities. The company operates primarily in major gaming markets such as Macau and Las Vegas, catering heavily to premium mass and VIP customers.

How does Wynn Resorts generate its revenue?+

Wynn Resorts generates revenue across four main product lines within its geographic segments, with casino revenue being a primary driver based on table games drop and slot machine handle. Rooms revenue is also significant, determined by available rooms, occupancy percentage, and Average Daily Rate (ADR).

What are the key capital expenditure assumptions for Wynn Resorts in a financial model?+

Capital expenditure for Wynn Resorts is typically assumed to be 4-6% of revenue for maintenance, but it spikes significantly during new development cycles. A major growth capex program is the Wynn Al Marjan Island project in the UAE, where Wynn holds a 40% equity interest.

What are the main balance sheet components for a Wynn Resorts valuation?+

Property, Plant and Equipment (PP&E) dominates Wynn Resorts' balance sheet, representing the physical resort assets. Cash and cash equivalents are also held at high levels for liquidity, and right-of-use assets are material due to land concessions and ground leases.

Can I download a financial model for Wynn Resorts?+

Yes, a comprehensive Excel financial model for Wynn Resorts is available for download. This model provides an equity valuation and credit analysis framework to evaluate cash flow generation and assess its capital structure.

What is Wynn Resorts' competitive advantage in the luxury resort market?+

Wynn Resorts' competitive position is anchored by its luxury brand positioning, consistently commanding the highest Average Daily Rates (ADR) in Las Vegas. The company also maintains a strong premium mass market share in Macau, catering to high-end clientele.

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