WYNN Wynn Resorts margins

Relative Growth: Rel. Growth: 57

Relative Strength: Rel. Strength: 14

Relative Valuation: Rel. Valuation: 79

Relative Profitability: Rel. Profitability: 43

Gross margin

40.7%

Operating margin

15.7%

EBITDA margin

24.5%

Net margin

6.1%

Based on the latest figures, Wynn Resorts reports a gross margin of 40.7%, an operating margin of 15.7%, an EBITDA margin of 24.5%, and a net margin of 6.1%. EBITDA margin headed the available margin improvements with a 1 percentage-point increase, while gross margin dropped by 1.8 percentage points.

WYNN margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Wynn Resorts recorded average margins of 42.6% gross, 15.25% operating, 25.03% EBITDA, and 8.25% net. The current figures show operating margin is above its three-year average, while gross, EBITDA, and net margins are below their three-year averages.

WYNN margin expansion

Year-over-year margin changes in percentage points

Compared with the same period last year, operating margin expanded by 0.9 percentage points, EBITDA margin by 1 percentage point, and net margin by 0.6 percentage points, while gross margin contracted by 1.8 percentage points.

Gross margin expansion

-1.8pp

Operating margin expansion

0.9pp

EBITDA margin expansion

1pp

Net margin expansion

0.6pp

WYNN Gross margin

Wynn Resorts recorded an average gross margin of 42.6% across the last 3 years. The latest gross margin for Wynn Resorts is 40.7%, 1.9 percentage points below its three-year average. Wynn Resorts's gross margin ranged from a low of 40.7% in Jun 2026 to a high of 43.8% in Jun 2024.

WYNN Operating margin

Wynn Resorts recorded an average operating margin of 15.25% across the last 3 years. Wynn Resorts currently reports an operating margin of 15.7%, 0.5 percentage points above its three-year average. Over the last 3 years, Wynn Resorts's operating margin peaked at 17% in Sep 2025 and reached a low of 12.9% in Dec 2023.

WYNN EBITDA margin

Wynn Resorts recorded an average EBITDA margin of 25.03% across the last 3 years. The current EBITDA margin of 24.5% is 0.5 percentage points below its three-year average. During this period, EBITDA margin reached a high of 26.6% in Sep 2024 and a low of 23.5% in Jun 2025.

WYNN Net margin

Throughout the last 3 years, Wynn Resorts had an average net margin of 8.25%. The current net margin of 6.1% is 2.2 percentage points below its three-year average. Looking back over the last 3 years, Wynn Resorts's net margin reached 13.4% at its highest point in Sep 2024 and 4.6% at its lowest in Dec 2025.

WYNN margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 40.7%, WYNN is above the Consumer Cyclical sector average but below the industry and its peers average. Compared to its Consumer Cyclical sector average of 36.3%, Wynn Resorts's gross margin is 12% higher.

WYNN margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Wynn Resorts's gross margin?

For the period ending Jun 30, 2026, WYNN recorded a gross margin of 40.7%.

What is Wynn Resorts's operating margin?

The current operating margin for WYNN is 15.7% as of Jun 30, 2026.

What is Wynn Resorts's EBITDA margin?

For the period ending Jun 30, 2026, WYNN recorded an EBITDA margin of 24.5%.

What is Wynn Resorts's net margin?

As of Jun 30, 2026, WYNN has a net margin of 6.1%.

What are the average margins of WYNN?

Wynn Resorts's average margins over the last 3 years were 42.6% gross, 15.3% operating, 25.0% EBITDA, and 8.3% net.

What are the highest historical margins of WYNN?

Within the 5-year period, WYNN recorded its highest margins at 43.8% gross in Jun 2024, 17% operating in Sep 2025, 29% EBITDA in Jun 2023, and 13.4% net in Sep 2024.

What are the lowest historical margins of WYNN?

Wynn Resorts's lowest recorded margins during the past 5 years were 32% gross in Dec 2021, -10.5% operating in Dec 2021, 15% EBITDA in Dec 2021, and -20.1% net in Dec 2021.