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Companies / Consumer Discretionary / Red Rock Resorts, Inc.
RRR

Red Rock Resorts, Inc.

Ticker RRRLAS VEGAS, NVFiscal year ends DecemberBook value per share $2.90Diluted shares 59.1M

Red Rock Resorts, Inc. (Nasdaq: RRR) is a holding company that owns and manages Station Casinos LLC, through which it conducts all operations. Station Casinos develops and operates casino and entertainment properties, primarily serving Las Vegas residents and also attracting regional and out-of-town visitors. Gaming,… From the company’s description.

In fiscal 2025, Red Rock Resorts, Inc. reported revenue of $2.01B, up 3.7% from fiscal 2024, and net income of $355.67M. Its operating margin was 29.7%, and operations generated $609.51M in cash. Over the twelve months to Jun 30, 2026, revenue was $2.00B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.01BFY2025
+3.7% year over year
Last 12 mo $2.00B
29.70%FY2025
+0.4 percentage points
Last 12 mo 27.67%
$355.67MFY2025
+22.1% year over year
Last 12 mo $320.78M
90.27%FY2025
+18.6 percentage points
Last 12 mo 98.74%
Cash & financing
$609.51MFY2025
+11.2% year over year
Last 12 mo $622.62M
$290.51MFY2025
+9.9% year over year
Last 12 mo $193.01M
16.50FY2025
Was 15.84× a year earlier
Last 12 mo 21.21
102.6MFY2025
−1.0% year over year
Last 12 mo 59.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Red Rock Resorts, Inc. does

In the company’s own words

Red Rock Resorts, Inc. (Nasdaq: RRR) is a holding company that owns and manages Station Casinos LLC, through which it conducts all operations. Station Casinos develops and operates casino and entertainment properties, primarily serving Las Vegas residents and also attracting regional and out-of-town visitors. Gaming, especially slot play, is its principal source of revenue; properties also offer hotels, restaurants, sports wagering, entertainment, meeting space and other amenities. The portfolio includes seven major gaming and entertainment facilities, including Red Rock, Green Valley Ranch and Durango Casino & Resort, as well as 13 smaller casinos, three of which are 50% owned. At December 31, 2025, the properties had a combined 16,553 slots, 328 gaming tables and 2,734 hotel rooms. The company also provides development and management services to Native American tribes and is assisting the North Fork Rancheria of Mono Indians with a casino project in California. Its website is www.redrockresorts.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Services
Headquarters
LAS VEGAS, NV
Fiscal year end
December
CIK
1653653
SIC
7011

Financial performance, year by year

Fiscal 2016–2025 · USD
$-393.15M$262.66M$918.47M$1.57B$2.23B2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Red Rock Resorts, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

279
funds hold it
0 of 35
superinvestors hold it
$2.20B
held by funds, at market
58.8%
of shares held by funds

Largest fund holders · Red Rock Resorts, Inc.’s weight in each

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

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

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.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Red Rock Resorts, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Red Rock Resorts, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Red Rock Resorts, Inc.'s last four quarterly filings that the numbers alone won't show?”
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