Wynn Resorts (STU:WYR) Gross Margin %: 40.16% (As of Mar. 2026) — Near Median

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STU:WYR Wynn Resorts Ltd STU:WYR
78 GF Score
Price €85.22
GF Value €103.98
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Wynn Resorts Gross Margin %?

Wynn Resorts STU:WYR -2.30% 78 Gross Margin % is 40.16% as of Mar. 2026, which is 4% above its 10-year median of 38.77. GuruFocus rates STU:WYR with a GF Score™ of 78/100 and a GF Value™ of €103.98 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 793 Travel & Leisure companies, Wynn Resorts ranks worse than 54.48% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Wynn Resorts's Gross Profit for the three months ended in Mar. 2026 was €645 Mil. Wynn Resorts's Revenue for the three months ended in Mar. 2026 was €1,606 Mil. Therefore, Wynn Resorts's Gross Margin % for the quarter that ended in Mar. 2026 was 40.16%.


The historical rank and industry rank for Wynn Resorts's Gross Margin % or its related term are showing as below:

STU:WYR' s Gross Margin % Range Over the Past 10 Years
Min: 16.83   Med: 38.77   Max: 43.51
Current: 40.91


During the past 13 years, the highest Gross Margin % of Wynn Resorts was 43.51%. The lowest was 16.83%. And the median was 38.77%.

STU:WYR's Gross Margin % is ranked worse than
54.48% of 793 companies
in the Travel & Leisure industry
Industry Median: 43.52 vs STU:WYR: 40.91

Wynn Resorts had a gross margin of 40.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Wynn Resorts was 17.30% per year.


Wynn Resorts  (STU:WYR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Wynn Resorts had a gross margin of 40.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Wynn Resorts Gross Margin % Related Terms


Wynn Resorts Gross Margin % Historical Data

* Premium members only.

The historical data trend for Wynn Resorts's Gross Margin % 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.

Wynn Resorts Gross Margin % Chart

Wynn Resorts Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.02 36.38 43.22 43.51 41.43

Wynn Resorts Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.26 41.79 41.24 40.51 40.16

STU:WYR vs MGM, BYD, CZR: Gross Margin % Comparison

For the Resorts & Casinos subindustry, Wynn Resorts's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Wynn Resorts Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Resorts's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wynn Resorts's Gross Margin % falls into.


STU:WYR
78GF Score
Wynn Resorts Ltd STU:WYR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wynn Resorts Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Wynn Resorts's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2525.3 / 6095.787
=(Revenue - Cost of Goods Sold) / Revenue
=(6095.787 - 3570.504) / 6095.787
=41.43 %

Wynn Resorts's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=645.1 / 1606.099
=(Revenue - Cost of Goods Sold) / Revenue
=(1606.099 - 961.011) / 1606.099
=40.16 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 40.16% mean?
Wynn Resorts (STU:WYR) has a Gross Margin % of 40.16% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wynn Resorts and its competitors. This is near median its historical median of 38.77. Over the past decade, Wynn Resorts' Gross Margin % has ranged from 16.83 to 43.51. According to the industry distribution chart, Wynn Resorts ranks #432 out of 793 companies in the Travel & Leisure industry, placing it in the top 54.5%.
Is Wynn Resorts' Gross Margin % too high?
Wynn Resorts' current Gross Margin % of 40.16% is near median its 10-year median of 38.77. Over the past 10 years, this metric has ranged from a low of 16.83 to a high of 43.51. The Travel & Leisure industry median Gross Margin % is 43.52. Wynn Resorts' value of 40.16% is 7.7% below this industry median. Based on the distribution chart, Wynn Resorts ranks #432 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Wynn Resorts has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wynn Resorts' Gross Margin % compare to MGM and BYD?
According to the Travel & Leisure industry distribution chart, Wynn Resorts ranks #432 out of 793 companies for Gross Margin %. This places Wynn Resorts in the lower half of its industry. The industry median Gross Margin % is 43.52. Wynn Resorts' value of 40.16% is 7.7% below this benchmark. Historically, Wynn Resorts' own Gross Margin % has ranged from 16.83 to 43.51 over the past decade. While the company's 10-year median is 38.77 vs. the industry median of 43.52, Wynn Resorts has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.52, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wynn Resorts's current Gross Margin % of 40.16% is 7.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Wynn Resorts and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wynn Resorts's current Gross Margin % is 40.16%, which is near median its own 10-year median of 38.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wynn Resorts stock overvalued right now?
Based on GuruFocus' analysis, Wynn Resorts (STU:WYR) is currently considered Modestly Undervalued. The stock's GF Value™ is €103.98, compared to a current price of €85.22 — trading 18% below its estimated fair value. The current Gross Margin % is 40.16%, which is near median its 10-year median of 38.77 and 7.7% below the Travel & Leisure industry median of 43.52. Wynn Resorts' overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Wynn Resorts (STU:WYR), the current Gross Margin % is 40.16% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wynn Resorts (STU:WYR) Overvalued in 2026?

Based on GuruFocus' analysis, Wynn Resorts stock appears to be undervalued. The current stock price of €85.22 is trading 18% below its estimated GF Value™ of €103.98. GuruFocus considers Wynn Resorts to be Modestly Undervalued.

Key valuation signals for STU:WYR:

  • Gross Margin %: 40.16% (near median its 10-year median of 38.77)
  • GF Value™: €103.98 vs. price of €85.22 (18% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 7.7% below the Travel & Leisure median (#432 of 793)

No single metric tells the full story. See the STU:WYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wynn Resorts Business Description

Address 3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming rooms and attractions in Macao over the next few years, including a new 432-suite tower adjacent to its Palace resort opening in 2029. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company received 49% and 51% of its 2025 prepandemic EBITDA from Macao and the US, respectively.
78GF Score

Get the complete analysis for STU:WYR

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€85.22
Price
€103.98
GF Value