RRR

Red Rock Resorts, Inc.

Ticker: RRRConsumer DiscretionaryServices
HQ LAS VEGAS, NVCIK 1653653FY end 12-31Book / share $2.90Shares 59M
Revenue (FY)
$2.01B+3.74%
TTM $2.00B
Op. margin
29.70%+0.37%
TTM 27.67%
Net income
$355.67M+22.10%
TTM $320.78M
Operating cash
$609.51M+11.17%
TTM $622.62M
Free cash flow
$290.51M+9.88%
TTM $193.01M
Return on equity
90.27%+18.64%
TTM 98.74%
Debt / equity
16.50+0.65%
TTM 21.21
Shares outstanding
102.6M-1.03%
TTM 59.1M

The business

Red Rock Resorts, Inc. (NASDAQ: RRR) operates as a holding company that owns and manages Station Casinos LLC, a gaming, development, and management company established in 1976. The company's website is www.redrockresorts.com.

Red Rock Resorts conducts all operations through Station Casinos LLC, which develops and operates strategically-located casino and entertainment properties primarily throughout the Las Vegas valley. The company's portfolio comprises seven major gaming and entertainment facilities and thirteen smaller casinos, three of which are fifty percent owned. The major properties include Red Rock, Green Valley Ranch, Durango Casino & Resort, Palace Station, Boulder Station, Sunset Station, and Santa Fe Station. Durango Casino & Resort, the company's newest major property, opened in December 2023 on approximately fifty acres at the intersection of Interstate 215 and Durango Drive in southwest Las Vegas. The company also operates smaller gaming establishments under the Wildfire brand and recently opened two Seventy Six taverns with slot wagering.

The company's portfolio encompasses approximately 2,734 hotel rooms, 16,553 slot machines, and 328 gaming tables across its properties. Over ninety percent of the Las Vegas population resides within five miles of one of Red Rock's gaming facilities. Gaming revenue represents approximately eighty percent of casino revenue, with the majority derived from slot play. Non-gaming offerings include restaurants, hotels, entertainment amenities, and convention facilities.

Red Rock Resorts holds one hundred percent of the voting interests in Station Casinos LLC and maintains fifty-nine percent of the economic interests through limited liability interests in Station Holdco LLC. The company is designated as the sole managing member of both entities.

Beyond its Las Vegas operations, Red Rock Resorts provides development and management services to Native American tribes. The company has successfully managed Native American casinos for over twenty years and currently operates under development and management agreements with the North Fork Rancheria of Mono Indians for the North Fork Project in California, with construction commenced in September 2024.

The company also owns approximately 454 acres of developable land comprising six strategically-located parcels in Las Vegas, each zoned for casino gaming and commercial uses, providing opportunities for future expansion and development.

Sector
Consumer Discretionary
Industry
Services
HQ
LAS VEGAS, NV
FY end
12-31
CIK
1653653
SIC
7011
Financial performance · annual
20162025
$-393.15M$262.66M$918.47M$1.57B$2.23B2016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds Red Rock Resorts, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

279
funds hold it
0 of 35
superinvestors hold it
$2.20B
fund-held value
58.8%
of shares held by funds

Top fund holders

Fund% of fundValue
Baron Partners Fund
BPTRX · BARON SELECT FUNDS
2.03%$365.93M
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.17%$185.94M
Baron Focused Growth Fund
BFGFX · BARON SELECT FUNDS
3.07%$172.88M
Baron Generational Growth Fund
BGRFX · BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
7.25%$152.75M
BARON SMALL CAP FUND
BSCFX · BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
5.08%$144.76M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

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15 years of Red Rock Resorts, Inc.'s financials

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