Wynn Resorts Ltd. (WYNN) intrinsic value & 10-year financials
Wynn Resorts Ltd. (WYNN) has a Graham intrinsic value of $39.99 per share. At $75.60 on Oct 17, 2026, the stock trades 89% above that value. Over the last 10 fiscal years revenue grew 5.7% a year to $7.1B, with an average return on invested capital of 4.3%.
- Graham intrinsic value
- $39.99
- Share price (Oct 17, 2026)
- $75.60
- Price vs Graham value
- 89% above
- Market cap
- $7.9B
- Revenue (FY2025)
- $7.1B
- Revenue growth (10-yr CAGR)
- 5.7%
- ROIC (10-yr avg)
- 4.3%
- Free cash flow (FY2025)
- $692.2M
WYNN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $7.1B | $327.3M | $3.14 | $692.2M | 15.7% | 8.4% |
| FY2024 | $7.1B | $501.1M | $4.35 | $1.0B | 15.9% | 11.3% |
| FY2023 | $6.5B | $730.0M | $6.32 | $805.1M | 12.9% | 8.6% |
| FY2022 | $3.8B | -$423.9M | -$3.73 | -$371.4M | -2.7% | -1.1% |
| FY2021 | $3.8B | -$755.8M | -$6.64 | -$513.2M | -10.5% | -4.2% |
| FY2020 | $2.1B | -$2.1B | -$19.37 | -$1.4B | -58.8% | -12.7% |
| FY2019 | $6.6B | $123.0M | $1.15 | -$162.2M | 13.3% | 4.6% |
| FY2018 | $6.7B | $572.4M | $5.35 | -$514.5M | 10.9% | 8.6% |
| FY2017 | $6.1B | $747.2M | $7.28 | $941.1M | 17.4% | 13.5% |
| FY2016 | $4.3B | $242.0M | $2.38 | -$255.4M | 12.0% | 6.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Wynn Resorts has demonstrated mature, steady growth, with revenue compounding at 5.7% annually over the past decade.
Wynn Resorts has historically struggled to out-earn its cost of capital, averaging just 4.4% ROIC.
Wynn Resorts has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Wynn Resorts is modeled at 3.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $39.99 per share.