RRR Red Rock Resorts margins

Relative Growth: Rel. Growth: 30

Relative Strength: Rel. Strength: 28

Relative Valuation: Rel. Valuation: 64

Relative Profitability: Rel. Profitability: 79

Gross margin

63.8%

Operating margin

27.7%

EBITDA margin

31.4%

Net margin

8.4%

Using the latest TTM figures, Red Rock Resorts shows a gross margin of 63.8%, an operating margin of 27.7%, an EBITDA margin of 31.4%, and a net margin of 8.4%. Gross margin drove the available margin improvements with a 0.3 percentage-point increase, while operating margin declined by 2.2 percentage points.

RRR margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Red Rock Resorts recorded average margins of 64.03% gross, 30.25% operating, 31.48% EBITDA, and 9% net. Each of the four current margins is below its three-year average.

RRR margin expansion

Year-over-year margin changes in percentage points

Red Rock Resorts's gross margin expanded by 0.3 percentage points, but operating margin contracted by 2.2 percentage points, EBITDA margin by 0.4 percentage points, and net margin by 0.5 percentage points.

Gross margin expansion

0.3pp

Operating margin expansion

-2.2pp

EBITDA margin expansion

-0.4pp

Net margin expansion

-0.5pp

RRR Gross margin

Across the last 3 years, Red Rock Resorts's gross margin came to 64.03%. The current gross margin stands at 63.8%, 0.2 percentage points below its three-year average. Gross margin was highest at 65.6% in Dec 2023 and lowest at 63.1% in Mar 2025.

RRR Operating margin

Red Rock Resorts recorded an average operating margin of 30.25% across the last 3 years. Red Rock Resorts currently reports an operating margin of 27.7%, 2.6 percentage points below its three-year average. Red Rock Resorts's operating margin ranged from a low of 27.7% in Jun 2026 to a high of 32.4% in Mar 2024.

RRR EBITDA margin

Red Rock Resorts recorded an average EBITDA margin of 31.48% across the last 3 years. The latest EBITDA margin for Red Rock Resorts is 31.4%, 0.1 percentage points below its three-year average. Red Rock Resorts's EBITDA margin ranged from a low of 30.9% in Dec 2023 to a high of 32% in Sep 2025.

RRR Net margin

Reviewing the last 3 years, Red Rock Resorts recorded an average net margin of 9%. Red Rock Resorts's current net margin is 8.4% and is 0.6 percentage points below its three-year average. The highest net margin for Red Rock Resorts was 10.2% in Dec 2023, while the lowest was 7.9% in Dec 2024.

RRR margin group comparison

Margins compared with peer-group, industry and sector averages

Red Rock Resorts's gross margin of 63.8% is higher than the Consumer Cyclical sector, the industry and its peers average. Looking at the Consumer Cyclical sector average of 36.3%, Red Rock Resorts's gross margin is 76% higher.

RRR margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Red Rock Resorts's gross margin?

For the period ending Jun 30, 2026, RRR recorded a gross margin of 63.8%.

What is Red Rock Resorts's operating margin?

The current operating margin for RRR is 27.7% as of Jun 30, 2026.

What is Red Rock Resorts's EBITDA margin?

For the period ending Jun 30, 2026, RRR recorded an EBITDA margin of 31.4%.

What is Red Rock Resorts's net margin?

As of Jun 30, 2026, RRR has a net margin of 8.4%.

What are the average margins of RRR?

Looking back over 3 years, RRR recorded average margins of 64.0% gross, 30.3% operating, 31.5% EBITDA, and 9.0% net.

What are the highest historical margins of RRR?

Within the 5-year period, RRR recorded its highest margins at 67.4% gross in Dec 2021, 37.1% operating in Jun 2023, 32.8% EBITDA in Jun 2023, and 21.3% net in Mar 2022.

What are the lowest historical margins of RRR?

In the last 5 years, the lowest margins reported by RRR were 63.1% gross in Mar 2025, 24.8% operating in Dec 2021, 26.8% EBITDA in Dec 2021, and 7.9% net in Dec 2024.