Red Gross Profit from 2010 to 2024

RRR Stock

USD 50.42 0.59 1.16%

Red Rock Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 923.9 M. Gross Profit is the profit Red Rock Resorts makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2014-03-31

Previous Quarter

255.8 M

Current Value

330.5 M

Quarterly Volatility

46.3 M

Yuan Drop

Covid

Check Red Rock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Rock's main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.6 M, Interest Expense of 117.7 M or Selling General Administrative of 367.4 M, as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.018 or PTB Ratio of 11.7. Red financial statements analysis is a perfect complement when working with Red Rock Valuation or Volatility modules.

Check out the analysis of Red Rock Correlation against competitors.

Latest Red Rock's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Red Rock Resorts over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Red Rock's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Rock's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.08 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Red Gross Profit Regression Statistics

	Arithmetic Mean	817,314,091
	Geometric Mean	803,836,391
	Coefficient Of Variation	18.88
	Mean Deviation	130,968,497
	Median	817,138,000
	Standard Deviation	154,313,273
	Sample Variance	23812.6T
	Range	446.9M
	R-Value	0.84
	Mean Square Error	7711.5T
	R-Squared	0.70
	Significance	0.0001
	Slope	28,854,738
	Total Sum of Squares	333376.2T

Red Gross Profit History

	2024	923.9 M
	2023	965.2 M
	2022	1.1 B
	2021	1.1 B
	2020	681.1 M
	2019	906.6 M
	2018	887 M

Other Fundumenentals of Red Rock Resorts

Gross Profit Margin

Red Rock Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Debt	Short Term Investments	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Property Plant Equipment	Retained Earnings	Long Term Debt Total	Total Permanent Equity	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.35	-0.77	0.83	0.34	0.65	-0.41	0.84	0.31	-0.76	-0.66	-0.79	-0.46	0.82	0.74	0.49	-0.69	-0.77	0.93	0.73	0.81	0.49	-0.1	0.87	-0.69	-0.24
Total Stockholder Equity	-0.35		0.78	-0.72	0.21	-0.2	0.3	-0.78	-0.6	0.76	0.88	0.79	0.86	-0.78	-0.69	-0.84	0.88	0.82	-0.29	-0.19	-0.78	-0.42	0.78	-0.19	0.26	0.7
Current Deferred Revenue	-0.77	0.78		-0.81	-0.1	-0.35	0.21	-0.9	-0.62	0.96	0.87	0.99	0.67	-0.88	-0.76	-0.63	0.93	0.98	-0.65	-0.37	-0.86	-0.31	0.35	-0.47	0.4	0.37
Net Debt	0.83	-0.72	-0.81		0.04	0.59	-0.46	0.98	0.41	-0.84	-0.9	-0.83	-0.73	0.99	0.93	0.82	-0.87	-0.87	0.84	0.65	0.99	0.65	-0.54	0.77	-0.7	-0.57
Accounts Payable	0.34	0.21	-0.1	0.04		0.42	0.05	0.1	0.02	0.09	0.04	-0.13	0.21	0.03	-0.13	-0.22	-0.05	0.01	0.16	0.41	0.04	0.07	0.3	0.3	-0.05	0.28
Net Receivables	0.65	-0.2	-0.35	0.59	0.42		-0.47	0.59	0.13	-0.36	-0.29	-0.35	-0.42	0.52	0.37	0.43	-0.33	-0.34	0.53	0.75	0.55	0.74	-0.29	0.64	-0.57	-0.32
Good Will	-0.41	0.3	0.21	-0.46	0.05	-0.47		-0.45	-0.19	0.25	0.39	0.3	0.63	-0.45	-0.49	-0.73	0.32	0.29	-0.4	-0.67	-0.47	-0.84	0.62	-0.65	0.51	0.79
Total Liab	0.84	-0.78	-0.9	0.98	0.1	0.59	-0.45		0.51	-0.9	-0.92	-0.91	-0.77	0.99	0.9	0.82	-0.92	-0.93	0.79	0.63	0.99	0.62	-0.54	0.71	-0.65	-0.58
Total Current Assets	0.31	-0.6	-0.62	0.41	0.02	0.13	-0.19	0.51		-0.65	-0.58	-0.61	-0.31	0.53	0.52	0.45	-0.6	-0.64	0.08	0.15	0.52	0.21	-0.43	0.12	0.22	-0.35
Short Term Debt	-0.76	0.76	0.96	-0.84	0.09	-0.36	0.25	-0.9	-0.65		0.84	0.93	0.66	-0.89	-0.83	-0.66	0.87	0.97	-0.65	-0.36	-0.88	-0.34	0.4	-0.48	0.41	0.42
Intangible Assets	-0.66	0.88	0.87	-0.9	0.04	-0.29	0.39	-0.92	-0.58	0.84		0.9	0.77	-0.95	-0.9	-0.84	0.97	0.93	-0.64	-0.46	-0.94	-0.49	0.62	-0.55	0.5	0.62
Common Stock	-0.79	0.79	0.99	-0.83	-0.13	-0.35	0.3	-0.91	-0.61	0.93	0.9		0.71	-0.9	-0.79	-0.68	0.96	0.98	-0.66	-0.44	-0.88	-0.36	0.4	-0.53	0.45	0.44
Net Tangible Assets	-0.46	0.86	0.67	-0.73	0.21	-0.42	0.63	-0.77	-0.31	0.66	0.77	0.71		-0.75	-0.65	-0.92	0.76	0.72	-0.44	-0.41	-0.76	-0.68	0.79	-0.4	0.56	0.83
Long Term Debt	0.82	-0.78	-0.88	0.99	0.03	0.52	-0.45	0.99	0.53	-0.89	-0.95	-0.9	-0.75		0.95	0.83	-0.92	-0.93	0.79	0.61	1.0	0.6	-0.56	0.72	-0.63	-0.59
Short Term Investments	0.74	-0.69	-0.76	0.93	-0.13	0.37	-0.49	0.9	0.52	-0.83	-0.9	-0.79	-0.65	0.95		0.82	-0.82	-0.85	0.77	0.61	0.94	0.55	-0.57	0.72	-0.62	-0.63
Deferred Long Term Liab	0.49	-0.84	-0.63	0.82	-0.22	0.43	-0.73	0.82	0.45	-0.66	-0.84	-0.68	-0.92	0.83	0.82		-0.77	-0.72	0.49	0.56	0.84	0.77	-0.9	0.54	-0.57	-0.93
Long Term Investments	-0.69	0.88	0.93	-0.87	-0.05	-0.33	0.32	-0.92	-0.6	0.87	0.97	0.96	0.76	-0.92	-0.82	-0.77		0.95	-0.62	-0.43	-0.91	-0.44	0.53	-0.5	0.46	0.53
Short Long Term Debt	-0.77	0.82	0.98	-0.87	0.01	-0.34	0.29	-0.93	-0.64	0.97	0.93	0.98	0.72	-0.93	-0.85	-0.72	0.95		-0.68	-0.4	-0.92	-0.39	0.45	-0.52	0.45	0.47
Property Plant Equipment	0.93	-0.29	-0.65	0.84	0.16	0.53	-0.4	0.79	0.08	-0.65	-0.64	-0.66	-0.44	0.79	0.77	0.49	-0.62	-0.68		0.65	0.79	0.5	-0.08	0.9	-0.79	-0.22
Retained Earnings	0.73	-0.19	-0.37	0.65	0.41	0.75	-0.67	0.63	0.15	-0.36	-0.46	-0.44	-0.41	0.61	0.61	0.56	-0.43	-0.4	0.65		0.62	0.7	-0.38	0.85	-0.77	-0.52
Long Term Debt Total	0.81	-0.78	-0.86	0.99	0.04	0.55	-0.47	0.99	0.52	-0.88	-0.94	-0.88	-0.76	1.0	0.94	0.84	-0.91	-0.92	0.79	0.62		0.63	-0.57	0.72	-0.63	-0.59
Total Permanent Equity	0.49	-0.42	-0.31	0.65	0.07	0.74	-0.84	0.62	0.21	-0.34	-0.49	-0.36	-0.68	0.6	0.55	0.77	-0.44	-0.39	0.5	0.7	0.63		-0.65	0.67	-0.56	-0.71
Capital Surpluse	-0.1	0.78	0.35	-0.54	0.3	-0.29	0.62	-0.54	-0.43	0.4	0.62	0.4	0.79	-0.56	-0.57	-0.9	0.53	0.45	-0.08	-0.38	-0.57	-0.65		-0.21	0.3	0.95
Net Invested Capital	0.87	-0.19	-0.47	0.77	0.3	0.64	-0.65	0.71	0.12	-0.48	-0.55	-0.53	-0.4	0.72	0.72	0.54	-0.5	-0.52	0.9	0.85	0.72	0.67	-0.21		-0.77	-0.38
Net Working Capital	-0.69	0.26	0.4	-0.7	-0.05	-0.57	0.51	-0.65	0.22	0.41	0.5	0.45	0.56	-0.63	-0.62	-0.57	0.46	0.45	-0.79	-0.77	-0.63	-0.56	0.3	-0.77		0.47
Capital Stock	-0.24	0.7	0.37	-0.57	0.28	-0.32	0.79	-0.58	-0.35	0.42	0.62	0.44	0.83	-0.59	-0.63	-0.93	0.53	0.47	-0.22	-0.52	-0.59	-0.71	0.95	-0.38	0.47

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About Red Rock Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Red Rock income statement, its balance sheet, and the statement of cash flows. Red Rock investors use historical funamental indicators, such as Red Rock's Gross Profit, to determine how well the company is positioned to perform in the future. Although Red Rock investors may use each financial statement separately, they are all related. The changes in Red Rock's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Red Rock's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Red Rock Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Red Rock. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	965.2 M	923.9 M
Gross Profit Margin	0.56	0.45

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