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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Wynn Resorts's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 9.41%.
As of today (2026-07-15), Wynn Resorts's WACC % is 6.81%. Wynn Resorts's ROC % is 8.74% (calculated using TTM income statement data).
Wynn Resorts generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Wynn Resorts (BSP:W1YN34) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Wynn Resorts's WACC % is 6.81%. Wynn Resorts's ROC % is 8.74% (calculated using TTM income statement data).
Wynn Resorts generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Wynn Resorts ROC % Related Terms
Wynn Resorts ROC % Historical Data
* Premium members only.
The historical data trend for Wynn Resorts's ROC % 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:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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 (BSP:W1YN34) has a ROC % of 9.41% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Wynn Resorts and its competitors.
Is Wynn Resorts' ROC % too high?
Wynn Resorts' current ROC % is 9.41%. The Travel & Leisure industry median ROC % is 3.76. Wynn Resorts' value of 9.41% is 150.3% above this industry median. Overall, Wynn Resorts has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Wynn Resorts' ROC % compare to MGM and BYD?
Wynn Resorts' ROC % of 9.41% can be compared against companies in the Travel & Leisure industry. The industry median ROC % is 3.76. Wynn Resorts' value of 9.41% is 150.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Travel & Leisure company?
The median ROC % among Travel & Leisure companies is 3.76, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wynn Resorts's current ROC % of 9.41% is 150.3% above 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Wynn Resorts and its competitors. For the Travel & Leisure industry, the median ROC % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wynn Resorts's current ROC % is 9.41%. 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 ROC % of 9.41%. 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 ROC % is 9.41% and 150.3% above the Travel & Leisure industry median of 3.76. 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 ROC % calculated?
ROC % is calculated from a company's financial statements. For Wynn Resorts (BSP:W1YN34), the current ROC % is 9.41% 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:
ROC %: 9.41%
GF Value™: R$321.22 vs. price of R$260.00 (19.1% below fair value)
Industry Position: 150.3% above the Travel & Leisure median
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 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
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