Wynn Resorts, Limited (WYNN) Financial Statements (2024 and earlier)

Company Profile

Business Address 3131 LAS VEGAS BOULEVARD SOUTH
LAS VEGAS, NV 89109
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 7011 - Hotels and Motels (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,6502,5233,4822,3522,2152,971
Cash and cash equivalents3,6502,5233,4822,3522,2152,804
Short-term investments     167
Restricted cash and investments55    
Receivables216199200346277224
Inventory, net of allowances, customer advances and progress billings707066896772
Inventory707066896772
Debt securities, held-to-maturity, accrued interest, after allowance for credit loss   
Other undisclosed current assets8879656983157
Total current assets:4,0302,8763,8132,8562,6413,424
Noncurrent Assets
Operating lease, right-of-use asset1,853371399 
Property, plant and equipment6,8968,7659,1979,6249,3868,499
Long-term investments and receivables      161
Long-term investments      161
Intangible assets, net (including goodwill)245308278146223124
Goodwill91130144   
Intangible assets, net (excluding goodwill)155178134146223124
Restricted cash and investments1284    
Other noncurrent assets263207179223226232
Other undisclosed noncurrent assets   41,022741243
Total noncurrent assets:9,3869,65510,05611,01510,5759,258
TOTAL ASSETS:13,41512,53113,87013,87113,21612,682
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities713728571667667606
Interest and dividends payable136133136736295
Employee-related liabilities187206127180164140
Accounts payable197171148262322285
Accrued liabilities19321916015112086
Deferred revenue506436647 
Debt566666243241263
Customer advances and deposits9551,050
Contract with customer, liability824 
Other undisclosed current liabilities275739168247212
Total current liabilities:1,8111,2881,8811,9831,8821,930
Noncurrent Liabilities
Long-term debt and lease obligation11,56912,00012,59210,0809,4119,566
Long-term debt, excluding current maturities11,56911,88512,46910,0809,4119,566
Liabilities, other than long-term debt1,67579133108108107
Other liabilities6079133108108107
Operating lease, liability1,615115123 
Other undisclosed noncurrent liabilities    159  
Total noncurrent liabilities:13,24412,07912,72610,3479,5199,673
Total liabilities:15,05513,36714,60712,33011,40111,603
Equity
Equity, attributable to parent(751)(214)(352)1,7432,034948
Common stock111111
Treasury stock, value(1,624)(1,436)(1,423)(1,411)(1,344)(1,184)
Additional paid in capital3,5843,5032,5982,5132,4571,498
Accumulated other comprehensive income (loss)(0)64(2)(2)(2)
Retained earnings (accumulated deficit)(2,712)(2,288)(1,532)642922635
Equity, attributable to noncontrolling interest(890)(622)(385)(202)(219)131
Total equity:(1,640)(836)(737)1,5411,8151,078
TOTAL LIABILITIES AND EQUITY:13,41512,53113,87013,87113,21612,682

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues3,7573,7642,0966,6116,7186,306
Revenue, net6,7186,306
Cost of revenue(1,640)(1,635)(903)(3,150)(3,905)(3,817)
Cost of goods and services sold     (3,903)(3,786)
Gross profit:2,1172,1291,1933,4612,8122,490
Operating expenses(2,218)(2,523)(2,425)(2,583)(2,077)(1,434)
Operating income (loss):(101)(395)(1,232)8787361,056
Nonoperating expense(599)(617)(530)(390)(430)(495)
Investment income, nonoperating46152212530
Interest and debt expense(651)(2)(5)(12)0(55)
Income (loss) from continuing operations before equity method investments, income taxes:(1,351)(1,014)(1,767)476306505
Other undisclosed income (loss) from continuing operations before income taxes6512512(0)55
Income (loss) from continuing operations before income taxes:(700)(1,012)(1,762)488306560
Income tax expense (benefit)(9)(0)(565)(177)497329
Income (loss) from continuing operations:(709)(1,012)(2,327)311803889
Income (loss) before gain (loss) on sale of properties:(1,012)(2,327)311803889
Net income (loss):(709)(1,012)(2,327)311803889
Net income (loss) attributable to noncontrolling interest286256260(188)(231)(142)
Net income (loss) available to common stockholders, diluted:(424)(756)(2,067)123572747

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(709)(1,012)(2,327)311803889
Other comprehensive income     9 
Other undisclosed comprehensive income (loss)(9)370(1)(4)
Comprehensive income (loss):(718)(1,009)(2,320)312812885
Comprehensive income (loss), net of tax, attributable to noncontrolling interest288255258(188)(230)(141)
Comprehensive income (loss), net of tax, attributable to parent:(430)(753)(2,062)123582744

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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