Wynn Resorts (BSP:W1YN34) Interest Coverage: 1.93 (As of Mar. 2026) — 20% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:W1YN34 Wynn Resorts Ltd BSP:W1YN34
77 GF Score
Price R$260.00
GF Value R$321.22
! 4 Warning Signs
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What is Wynn Resorts Interest Coverage?

Wynn Resorts BSP:W1YN34 77 Interest Coverage is 1.93 as of Mar. 2026, which is 20% below its 10-year median of 2.42. GuruFocus rates BSP:W1YN34 with a GF Score™ of 77/100 and a GF Value™ of R$321.22. The stock has 4 warning signs investors should review. Among 607 Travel & Leisure companies, Wynn Resorts ranks worse than 75.95% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Wynn Resorts's Operating Income for the three months ended in Mar. 2026 was R$1,539 Mil. Wynn Resorts's Interest Expense for the three months ended in Mar. 2026 was R$-797 Mil. Wynn Resorts's interest coverage for the quarter that ended in Mar. 2026 was 1.93. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wynn Resorts Ltd interest coverage is 1.98, which is low.

The historical rank and industry rank for Wynn Resorts's Interest Coverage or its related term are showing as below:

BSP:W1YN34' s Interest Coverage Range Over the Past 10 Years
Min: 1.43   Med: 2.42   Max: 3.44
Current: 1.98


BSP:W1YN34's Interest Coverage is ranked worse than
75.95% of 607 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs BSP:W1YN34: 1.98

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Wynn Resorts  (BSP:W1YN34) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Wynn Resorts Interest Coverage Related Terms


Wynn Resorts Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wynn Resorts's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Wynn Resorts Interest Coverage Chart

Wynn Resorts Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.43 1.97 1.93

Wynn Resorts Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 1.74 1.79 2.02 2.18 1.93

BSP:W1YN34 vs MGM, BYD, CZR: Interest Coverage Comparison

For the Resorts & Casinos subindustry, Wynn Resorts's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Travel & Leisure Industry

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

* The bar in red indicates where Wynn Resorts's Interest Coverage falls into.


BSP:W1YN34
77GF Score
Wynn Resorts Ltd BSP:W1YN34
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wynn Resorts Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Dec. 2025, Wynn Resorts's Interest Expense was R$-3,413 Mil. Its Operating Income was R$6,583 Mil. And its Long-Term Debt & Capital Lease Obligation was R$66,377 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*6582.831/-3412.846
=1.93

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

Here, for the three months ended in Mar. 2026, Wynn Resorts's Interest Expense was R$-797 Mil. Its Operating Income was R$1,539 Mil. And its Long-Term Debt & Capital Lease Obligation was R$60,726 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1539.328/-796.792
=1.93

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.93 mean?
Wynn Resorts (BSP:W1YN34) has a Interest Coverage of 1.93 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wynn Resorts and its competitors. This is 20% below median its historical median of 2.42. Over the past decade, Wynn Resorts' Interest Coverage has ranged from 1.43 to 3.44. According to the industry distribution chart, Wynn Resorts ranks #461 out of 607 companies in the Travel & Leisure industry, placing it in the top 75.9%.
Is Wynn Resorts' Interest Coverage too high?
Wynn Resorts' current Interest Coverage of 1.93 is 20% below median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.44. The Travel & Leisure industry median Interest Coverage is 5.35. Wynn Resorts' value of 1.93 is 63.9% below this industry median. Based on the distribution chart, Wynn Resorts ranks #461 out of 607 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Wynn Resorts has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Wynn Resorts' Interest Coverage compare to MGM and BYD?
According to the Travel & Leisure industry distribution chart, Wynn Resorts ranks #461 out of 607 companies for Interest Coverage. This places Wynn Resorts in the lower half of its industry. The industry median Interest Coverage is 5.35. Wynn Resorts' value of 1.93 is 63.9% below this benchmark. Historically, Wynn Resorts' own Interest Coverage has ranged from 1.43 to 3.44 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 5.35, 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 Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 607 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wynn Resorts's current Interest Coverage of 1.93 is 63.9% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wynn Resorts and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wynn Resorts's current Interest Coverage is 1.93, which is 20% below median its own 10-year median of 2.42. 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?
Wynn Resorts (BSP:W1YN34) has a current Interest Coverage of 1.93. The stock's GF Value™ is R$321.22, compared to a current price of R$260.00 — trading 19.1% below its estimated fair value. The current Interest Coverage is 1.93, which is 20% below median its 10-year median of 2.42 and 63.9% below the Travel & Leisure industry median of 5.35. Wynn Resorts' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Wynn Resorts (BSP:W1YN34), the current Interest Coverage is 1.93 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 (BSP:W1YN34) Overvalued in 2026?

Based on GuruFocus' analysis, Wynn Resorts stock appears to be undervalued. The current stock price of R$260.00 is trading 19.1% below its estimated GF Value™ of R$321.22.

Key valuation signals for BSP:W1YN34:

  • Interest Coverage: 1.93 (20% below median its 10-year median of 2.42)
  • GF Value™: R$321.22 vs. price of R$260.00 (19.1% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 63.9% below the Travel & Leisure median (#461 of 607)

No single metric tells the full story. See the BSP:W1YN34 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.
77GF Score

Get the complete analysis for BSP:W1YN34

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

R$260.00
Price
R$321.22
GF Value