Red Return On Equity from 2010 to 2024

RRR Stock  USD 51.25  1.50  3.02%   
Red Rock Return On Equity yearly trend continues to be relatively stable with very little volatility. Return On Equity is likely to grow to 1.19 this year. Return On Equity is a measure of the profitability of Red Rock Resorts in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
1.04243688
Current Value
1.19
Quarterly Volatility
2.65472891
 
Credit Downgrade
 
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 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 exotic 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.
  
This module can also supplement Red Rock's financial leverage analysis and stock options assessment as well as various Red Rock Technical models . Check out the analysis of Red Rock Correlation against competitors.

Latest Red Rock's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Red Rock Resorts over the last few years. Return on Equity is the amount of Red Rock Resorts net income returned as a percentage of Red Rock equity. Return on equity measures Red Rock profitability by revealing how much profit Red Rock Resorts generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Red Rock's Return On Equity 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.
ViewLast Reported 2.3710 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Red Return On Equity Regression Statistics

Arithmetic Mean1.14
Geometric Mean0.33
Coefficient Of Variation232.96
Mean Deviation1.69
Median0.16
Standard Deviation2.65
Sample Variance7.05
Range9.4104
R-Value0.50
Mean Square Error5.66
R-Squared0.25
Significance0.06
Slope0.30
Total Sum of Squares98.67

Red Return On Equity History

2024 1.19
2023 1.04
2022 8.92
2021 5.96
2020 -0.5
2019 -0.0135
2018 0.3

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 Return On Equity, 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 ReportedProjected for Next Year
Return On Equity 1.04  1.19 

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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:
Check out the analysis of Red Rock Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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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
(0.08)
Dividend Share
1
Earnings Share
2.81
Revenue Per Share
30.595
Quarterly Revenue Growth
0.127
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.