Red Rock Resorts (Red Rock Resorts) Gross-Profit-to-Asset % : 29.89% (As of Dec. 2023)

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Red Rock Resorts Gross-Profit-to-Asset % Definition

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Red Rock Resorts's annualized Gross Profit for the quarter that ended in Dec. 2023 was $1,168 Mil. Red Rock Resorts's average Total Assets over the quarter that ended in Dec. 2023 was $3,908 Mil. Therefore, Red Rock Resorts's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 29.89%.

Red Rock Resorts Gross-Profit-to-Asset % Historical Data

The historical data trend for Red Rock Resorts's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Red Rock Resorts Gross-Profit-to-Asset % Chart

Red Rock Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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22.32

17.34

30.97

33.15

30.07

Red Rock Resorts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															33.45	32.70	29.22	27.77	29.89

Competitive Comparison of Red Rock Resorts's Gross-Profit-to-Asset %

For the Resorts & Casinos subindustry, Red Rock Resorts's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Red Rock Resorts Gross-Profit-to-Asset % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Red Rock Resorts's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Red Rock Resorts's Gross-Profit-to-Asset % falls into.

Red Rock Resorts Gross-Profit-to-Asset % Calculation

Red Rock Resorts's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	1097.694	/	( (3345.75	+	3954.512)	/ 2 )
	=	1097.694	/	3650.131
	=	30.07 %

Red Rock Resorts's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1167.992	/	( (3861.439	+	3954.512)	/ 2 )
	=	1167.992	/	3907.9755
	=	29.89 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Red Rock Resorts Gross-Profit-to-Asset % Related Terms

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Red Rock Resorts (Red Rock Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Red Rock Resorts Inc (NAS:RRR) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

RRK:Germany

Address

1505 South Pavilion Center Drive, Las Vegas, NV, USA, 89135

Website

http://www.redrockresorts.com

Red Rock Resorts Inc along with its subsidiary is a gaming, development, and management company. The company mainly develops strategically-located casino and entertainment properties. It generates a majority of its revenue from Casino.

Executives

Robert A Finch	officer: EVP & Chief Operating Officer	C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Scott Kreeger	officer: President	2535 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS CA 89109
Fertitta Frank J Iii	director, 10 percent owner	2411 W SAHARA AVE, LAS VEGAS NV 89102
Lorenzo J Fertitta	director, 10 percent owner	2960 W SAHARA AVENUE, LAS VEGAS NV 89102
Joseph J Hasson	officer: EVP of Operations	C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Richard J Haskins	officer: President
Jeffrey T Welch	officer: EVP and Chief Legal Officer	C/O RED ROCK RESORTS,INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Robert E Lewis	director	2411 W. SAHARA AVE, LAS VEGAS NV 89102
Cashell Robert A. Jr	director	1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Marc J. Falcone	officer: EVP, CFO and Treasuer	1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Daniel J Roy	officer: EVP and COO	1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Nave James E D V M	director	2411 W SAHARA AVENUE, LAS VEGAS NV 89102
Stephen Lawrence Cootey	officer: See Remarks	C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE,, LAS VEGAS NV 89135
Bank Ag\ Deutsche	10 percent owner	TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000
Fi Station Investor Llc	director, 10 percent owner	1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135