Red Historical Income Statement

RRR Stock

USD 53.52 0.07 0.13%

Historical analysis of Red Rock income statement accounts such as Total Revenue of 1.6 B, Gross Profit of 923.9 M, Other Operating Expenses of 1.2 B or Operating Income of 366.6 M can show how well Red Rock Resorts performed in making a profits. Evaluating Red Rock income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Red Rock's future profits or losses.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Red Rock Resorts latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Red Rock Resorts is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Red Income Statement Analysis

Red Rock Resorts Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Red Rock shareholders. The income statement also shows Red investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Red Rock Income Statement Chart

Red Rock Resorts Income Statement is one of the three primary financial statements used for reporting Red's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Red Rock Resorts revenue and expense. Red Rock Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Red Rock's Non Operating Income Net Other is relatively stable compared to the past year. As of 05/03/2024, Reconciled Depreciation is likely to grow to about 140.7 M, while Selling And Marketing Expenses is likely to drop slightly above 9.8 M.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Non Operating Income Net Other

Total Revenue

Total revenue comprises all receipts Red Rock Resorts generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Red Rock Resorts minus its cost of goods sold. It is profit before Red Rock operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Red Rock's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Red Rock Resorts current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2021	2022	2023	2024 (projected)
Interest Expense	103.2M	129.9M	181.0M	117.7M
Depreciation And Amortization	157.8M	164.2M	132.5M	179.6M

Interest Expense Depreciation And Amortization

Red Rock income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Minority Interest	Interest Income	Non Recurring	Extraordinary Items	Tax Provision	Net Interest Income	Non Operating Income Net Other	Reconciled Depreciation
Depreciation And Amortization		-0.53	0.51	-0.46	0.39	0.28	0.62	-0.04	-0.21	0.05	0.38	0.81	-0.08	-0.6	-0.25	-0.39	0.62	-0.53	0.29	0.19	-0.68	-0.7	0.42	0.0	-0.44	0.54
Interest Expense	-0.53		-0.66	0.77	-0.4	-0.64	-0.12	-0.46	-0.33	-0.48	0.07	-0.43	-0.45	0.56	-0.39	0.48	-0.7	-0.09	0.07	-0.06	0.61	0.65	-0.09	-0.26	-0.03	0.09
Selling General Administrative	0.51	-0.66		-0.9	0.76	0.72	0.55	0.56	0.4	0.54	0.51	0.37	0.47	-0.63	0.27	-0.4	0.77	0.12	0.18	0.17	-0.71	-0.71	0.23	-0.22	0.09	-0.1
Selling And Marketing Expenses	-0.46	0.77	-0.9		-0.56	-0.7	-0.27	-0.59	-0.37	-0.5	-0.15	-0.37	-0.48	0.69	-0.3	0.36	-0.75	-0.15	0.14	-0.38	0.68	0.67	-0.2	0.11	-0.05	0.16
Total Revenue	0.39	-0.4	0.76	-0.56		0.88	0.75	0.75	0.67	0.79	0.77	0.35	0.64	-0.62	0.53	-0.69	0.71	0.42	0.11	0.33	-0.76	-0.75	-0.03	-0.32	0.08	-0.32
Gross Profit	0.28	-0.64	0.72	-0.7	0.88		0.39	0.93	0.83	0.92	0.37	0.24	0.81	-0.66	0.77	-0.72	0.76	0.62	-0.2	0.44	-0.77	-0.76	-0.08	-0.05	0.19	-0.53
Other Operating Expenses	0.62	-0.12	0.55	-0.27	0.75	0.39		0.14	0.04	0.2	0.93	0.68	0.07	-0.5	-0.05	-0.46	0.47	-0.17	0.45	0.18	-0.52	-0.52	0.0	-0.44	-0.34	0.26
Operating Income	-0.04	-0.46	0.56	-0.59	0.75	0.93	0.14		0.94	0.95	0.21	-0.06	0.87	-0.48	0.87	-0.62	0.6	0.82	-0.37	0.47	-0.61	-0.59	-0.17	-0.06	0.39	-0.73
Ebit	-0.21	-0.33	0.4	-0.37	0.67	0.83	0.04	0.94		0.97	0.2	-0.29	0.89	-0.29	0.87	-0.53	0.43	0.86	-0.32	0.26	-0.48	-0.46	-0.12	-0.04	0.51	-0.82
Ebitda	0.05	-0.48	0.54	-0.5	0.79	0.92	0.2	0.95	0.97		0.31	-0.09	0.89	-0.46	0.83	-0.65	0.6	0.74	-0.26	0.32	-0.67	-0.65	-0.02	-0.04	0.41	-0.69
Cost Of Revenue	0.38	0.07	0.51	-0.15	0.77	0.37	0.93	0.21	0.2	0.31		0.36	0.18	-0.32	0.01	-0.38	0.38	-0.01	0.48	0.06	-0.44	-0.43	0.06	-0.54	-0.1	0.07
Total Operating Expenses	0.81	-0.43	0.37	-0.37	0.35	0.24	0.68	-0.06	-0.29	-0.09	0.36		-0.17	-0.6	-0.15	-0.41	0.43	-0.4	0.18	0.33	-0.42	-0.45	-0.11	-0.05	-0.66	0.51
Income Before Tax	-0.08	-0.45	0.47	-0.48	0.64	0.81	0.07	0.87	0.89	0.89	0.18	-0.17		-0.22	0.83	-0.56	0.55	0.77	-0.41	0.27	-0.52	-0.5	-0.01	-0.28	0.62	-0.83
Total Other Income Expense Net	-0.6	0.56	-0.63	0.69	-0.62	-0.66	-0.5	-0.48	-0.29	-0.46	-0.32	-0.6	-0.22		-0.13	0.42	-0.6	-0.02	0.2	-0.61	0.68	0.67	-0.04	0.07	0.39	-0.01
Net Income	-0.25	-0.39	0.27	-0.3	0.53	0.77	-0.05	0.87	0.87	0.83	0.01	-0.15	0.83	-0.13		-0.6	0.37	0.89	-0.36	0.26	-0.32	-0.31	-0.39	0.15	0.43	-0.75
Income Tax Expense	-0.39	0.48	-0.4	0.36	-0.69	-0.72	-0.46	-0.62	-0.53	-0.65	-0.38	-0.41	-0.56	0.42	-0.6		-0.68	-0.35	-0.05	-0.41	0.74	0.74	0.25	-0.03	0.06	0.16
Discontinued Operations	0.62	-0.7	0.77	-0.75	0.71	0.76	0.47	0.6	0.43	0.6	0.38	0.43	0.55	-0.6	0.37	-0.68		0.12	0.07	0.31	-0.86	-0.86	0.26	-0.1	0.03	-0.09
Net Income From Continuing Ops	-0.53	-0.09	0.12	-0.15	0.42	0.62	-0.17	0.82	0.86	0.74	-0.01	-0.4	0.77	-0.02	0.89	-0.35	0.12		-0.44	0.24	-0.13	-0.11	-0.46	-0.02	0.59	-0.89
Minority Interest	0.29	0.07	0.18	0.14	0.11	-0.2	0.45	-0.37	-0.32	-0.26	0.48	0.18	-0.41	0.2	-0.36	-0.05	0.07	-0.44		-0.61	-0.11	-0.13	0.12	0.13	-0.21	0.59
Interest Income	0.19	-0.06	0.17	-0.38	0.33	0.44	0.18	0.47	0.26	0.32	0.06	0.33	0.27	-0.61	0.26	-0.41	0.31	0.24	-0.61		-0.38	-0.34	-0.15	-0.21	-0.28	-0.19
Non Recurring	-0.68	0.61	-0.71	0.68	-0.76	-0.77	-0.52	-0.61	-0.48	-0.67	-0.44	-0.42	-0.52	0.68	-0.32	0.74	-0.86	-0.13	-0.11	-0.38		1.0	-0.3	0.07	-0.02	0.09
Extraordinary Items	-0.7	0.65	-0.71	0.67	-0.75	-0.76	-0.52	-0.59	-0.46	-0.65	-0.43	-0.45	-0.5	0.67	-0.31	0.74	-0.86	-0.11	-0.13	-0.34	1.0		-0.3	0.04	-0.01	0.06
Tax Provision	0.42	-0.09	0.23	-0.2	-0.03	-0.08	0.0	-0.17	-0.12	-0.02	0.06	-0.11	-0.01	-0.04	-0.39	0.25	0.26	-0.46	0.12	-0.15	-0.3	-0.3		-0.13	0.13	0.19
Net Interest Income	0.0	-0.26	-0.22	0.11	-0.32	-0.05	-0.44	-0.06	-0.04	-0.04	-0.54	-0.05	-0.28	0.07	0.15	-0.03	-0.1	-0.02	0.13	-0.21	0.07	0.04	-0.13		-0.2	0.27
Non Operating Income Net Other	-0.44	-0.03	0.09	-0.05	0.08	0.19	-0.34	0.39	0.51	0.41	-0.1	-0.66	0.62	0.39	0.43	0.06	0.03	0.59	-0.21	-0.28	-0.02	-0.01	0.13	-0.2		-0.71
Reconciled Depreciation	0.54	0.09	-0.1	0.16	-0.32	-0.53	0.26	-0.73	-0.82	-0.69	0.07	0.51	-0.83	-0.01	-0.75	0.16	-0.09	-0.89	0.59	-0.19	0.09	0.06	0.19	0.27	-0.71

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Red Rock Account Relationship Matchups

Red Rock income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	222.2M	231.4M	157.8M	164.2M	132.5M	179.6M
Interest Expense	156.7M	128.5M	103.2M	129.9M	181.0M	117.7M
Selling General Administrative	384.7M	314.4M	332.8M	341.7M	364.2M	367.4M
Total Revenue	1.9B	1.2B	1.6B	1.7B	1.7B	1.6B
Gross Profit	906.6M	681.1M	1.1B	1.1B	965.2M	923.9M
Other Operating Expenses	1.6B	1.1B	1.1B	1.1B	1.2B	1.2B
Operating Income	269.7M	125.9M	561.4M	561.3M	558.7M	366.6M
Ebit	269.7M	125.9M	561.4M	561.3M	558.7M	407.3M
Ebitda	491.9M	357.3M	719.2M	725.5M	691.2M	586.9M
Cost Of Revenue	949.9M	501.3M	552.5M	588.7M	758.9M	719.1M
Total Operating Expenses	638.5M	556.0M	504.9M	481.4M	406.5M	529.7M
Income Before Tax	(8.5M)	(60.5M)	285.5M	434.9M	380.8M	399.8M
Total Other Income Expense Net	(278.2M)	(186.3M)	(275.9M)	(126.4M)	(177.9M)	(186.8M)
Net Income	(6.7M)	(174.5M)	354.8M	390.4M	176.0M	109.0M
Income Tax Expense	(1.7M)	114.1M	(69.3M)	44.5M	43.0M	70.4M
Net Income From Continuing Ops	(6.7M)	(174.5M)	354.8M	390.4M	337.8M	177.6M
Net Income Applicable To Common Shares	(3.4M)	(150.4M)	241.9M	205.5M	236.3M	248.1M
Minority Interest	281.9M	(24.1M)	(113.0M)	(184.9M)	(161.8M)	(153.7M)
Tax Provision	(1.7M)	114.1M	(69.3M)	44.5M	43.0M	29.7M
Net Interest Income	(156.7M)	(128.5M)	(103.2M)	(129.9M)	(181.0M)	(190.1M)
Non Operating Income Net Other	(37.8M)	(20.6M)	(12.8M)	3.5M	3.1M	3.3M
Reconciled Depreciation	222.2M	231.4M	157.8M	128.4M	132.5M	140.7M

Red Rock Investors Sentiment

The influence of Red Rock's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Red. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Red Rock's public news can be used to forecast risks associated with an investment in Red. The trend in average sentiment can be used to explain how an investor holding Red can time the market purely based on public headlines and social activities around Red Rock Resorts. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Red Rock's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Red Rock's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Red Rock's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Red Rock.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Red Rock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Red Rock's short interest history, or implied volatility extrapolated from Red Rock options trading.

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When determining whether Red Rock Resorts is a strong investment it is important to analyze Red Rock's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Red Rock's future performance. For an informed investment choice regarding Red Stock, refer to the following important reports:

How To Invest In Red

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Is Red Stock a good investment?

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What is Red Rock's Net Worth?

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You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Red Rock's price analysis, check to measure Red Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.

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Is Red Rock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red Rock. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red Rock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.41)

Dividend Share

Earnings Share

2.94

Revenue Per Share

29.79

Quarterly Revenue Growth

0.088

The market value of Red Rock Resorts is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Rock's value that differs from its market value or its book value, called intrinsic value, which is Red Rock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Rock's market value can be influenced by many factors that don't directly affect Red Rock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Red Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Rock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Red Historical Income Statement

About Red Income Statement Analysis

Red Rock Income Statement Chart

Total Revenue

Gross Profit

Red Rock income statement Correlations

Red Rock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Red Rock income statement Accounts

Red Rock Investors Sentiment

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COMMON DESTINATIONS

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COMPANY

Extraordinary Items	+ 1.0	Non Recurring
Ebitda	+ 0.97	Ebit
Ebitda	+ 0.95	Operating Income
Ebit	+ 0.94	Operating Income
Operating Income	+ 0.93	Gross Profit
Cost Of Revenue	+ 0.93	Other Operating Expenses

Selling And Marketing Expenses	- 0.9	Selling General Administrative
Reconciled Depreciation	- 0.89	Net Income From Continuing Ops
Extraordinary Items	- 0.86	Discontinued Operations
Non Recurring	- 0.86	Discontinued Operations
Reconciled Depreciation	- 0.83	Income Before Tax
Reconciled Depreciation	- 0.82	Ebit