Red Rock Resorts Inc (RRR) - Net Assets
Based on the latest financial reports, Red Rock Resorts Inc (RRR) has net assets worth $247.56 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.22 Billion) and total liabilities ($3.98 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check RRR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $247.56 Million |
| % of Total Assets | 5.86% |
| Annual Growth Rate | -5.94% |
| 5-Year Change | 564.13% |
| 10-Year Change | -47.54% |
| Growth Volatility | 186.41 |
Red Rock Resorts Inc - Net Assets Trend (2013–2025)
This chart illustrates how Red Rock Resorts Inc's net assets have evolved over time, based on quarterly financial data. See Red Rock Resorts Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Red Rock Resorts Inc (2013–2025)
The table below shows the annual net assets of Red Rock Resorts Inc from 2013 to 2025. For live valuation and market cap data, see RRR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $332.28 Million | +8.29% |
| 2024-12-31 | $306.83 Million | +25.81% |
| 2023-12-31 | $243.89 Million | +656.40% |
| 2022-12-31 | $32.24 Million | -35.56% |
| 2021-12-31 | $50.03 Million | -91.73% |
| 2020-12-31 | $604.64 Million | -22.74% |
| 2019-12-31 | $782.60 Million | -4.21% |
| 2018-12-31 | $817.00 Million | +28.20% |
| 2017-12-31 | $637.29 Million | +0.62% |
| 2016-12-31 | $633.35 Million | +10.40% |
| 2015-12-31 | $573.71 Million | -10.93% |
| 2014-12-31 | $644.12 Million | -7.03% |
| 2013-12-31 | $692.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red Rock Resorts Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 20773800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $207.74 Million | 99.72% |
| Common Stock | $592.00K | 0.28% |
| Total Equity | $208.33 Million | 100.00% |
Red Rock Resorts Inc Competitors by Market Cap
The table below lists competitors of Red Rock Resorts Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Western Gold Co Ltd
SHG:601069
|
$3.57 Billion |
|
Guangzhou Development Group Inc
SHG:600098
|
$3.57 Billion |
|
UCO Bank
NSE:UCOBANK
|
$3.57 Billion |
|
RUBIS
F:BYN
|
$3.57 Billion |
|
Acer Inc
TW:2353
|
$3.56 Billion |
|
Emcure Pharmaceuticals Ltd
NSE:EMCURE
|
$3.56 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
$3.56 Billion |
|
COSAN S.A. SP.ADR 1/4
F:9CI0
|
$3.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Rock Resorts Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 306,833,000 to 208,330,000, a change of -98,503,000 (-32.1%).
- Net income of 188,066,000 contributed positively to equity growth.
- Dividend payments of 120,803,000 reduced retained earnings.
- Share repurchases of 79,031,000 reduced equity.
- Other factors decreased equity by 86,735,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $188.07 Million | +90.27% |
| Dividends Paid | $120.80 Million | -57.99% |
| Share Repurchases | $79.03 Million | -37.94% |
| Other Changes | $-86.73 Million | -41.63% |
| Total Change | $- | -32.10% |
Book Value vs Market Value Analysis
This analysis compares Red Rock Resorts Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 30.00x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.62x to 30.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $16.81 | $60.92 | x |
| 2014-12-31 | $15.86 | $60.92 | x |
| 2015-12-31 | $14.19 | $60.92 | x |
| 2016-12-31 | $10.20 | $60.92 | x |
| 2017-12-31 | $3.29 | $60.92 | x |
| 2018-12-31 | $4.45 | $60.92 | x |
| 2019-12-31 | $4.28 | $60.92 | x |
| 2020-12-31 | $3.00 | $60.92 | x |
| 2021-12-31 | $0.51 | $60.92 | x |
| 2022-12-31 | $0.42 | $60.92 | x |
| 2023-12-31 | $1.64 | $60.92 | x |
| 2024-12-31 | $2.96 | $60.92 | x |
| 2025-12-31 | $2.03 | $60.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Rock Resorts Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 90.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.35%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 20.00x
- Recent ROE (90.27%) is above the historical average (89.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -14.50% | -7.56% | 0.41x | 4.73x | $-160.53 Million |
| 2014 | 16.27% | 7.78% | 0.43x | 4.85x | $38.75 Million |
| 2015 | 24.90% | 10.18% | 0.46x | 5.30x | $82.37 Million |
| 2016 | 26.30% | 6.33% | 0.41x | 10.08x | $56.99 Million |
| 2017 | 9.21% | 2.18% | 0.45x | 9.48x | $-3.03 Million |
| 2018 | 30.32% | 9.37% | 0.42x | 7.72x | $105.58 Million |
| 2019 | -0.67% | -0.18% | 0.45x | 8.22x | $-53.42 Million |
| 2020 | -42.65% | -12.72% | 0.32x | 10.61x | $-185.66 Million |
| 2021 | 406.51% | 14.95% | 0.52x | 52.78x | $235.90 Million |
| 2022 | 469.25% | 12.35% | 0.50x | 76.41x | $201.08 Million |
| 2023 | 104.24% | 10.21% | 0.44x | 23.42x | $159.12 Million |
| 2024 | 50.21% | 7.94% | 0.48x | 13.18x | $123.37 Million |
| 2025 | 90.27% | 9.35% | 0.48x | 20.00x | $167.23 Million |
Industry Comparison
This section compares Red Rock Resorts Inc's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $675,802,906
- Average return on equity (ROE) among peers: 6.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Rock Resorts Inc (RRR) | $247.56 Million | -14.50% | 16.06x | $3.56 Billion |
| Bally's Corp (BALY) | $635.85 Million | -29.49% | 9.79x | $666.64 Million |
| Boyd Gaming Corporation (BYD) | $1.16 Billion | 0.37% | 2.86x | $6.37 Billion |
| Century Casinos Inc (CNTY) | $22.78 Million | 10.78% | 0.97x | $39.20 Million |
| Canterbury Park Holding Corporation (CPHC) | $6.60 Million | -19.70% | 0.45x | $81.27 Million |
| Caesars Entertainment Corporation (CZR) | $945.13 Million | 7.76% | 2.75x | $3.95 Billion |
| Full House Resorts Inc (FLL) | $8.77 Million | 2.20% | 0.30x | $105.17 Million |
| Golden Entertainment Inc (GDEN) | $160.51 Million | -7.19% | 0.10x | $740.46 Million |
| Hilton Grand Vacations Inc (HGV) | $1.44 Billion | 5.63% | 7.01x | $3.88 Billion |
| Las Vegas Sands Corp (LVS) | $1.93 Billion | 84.13% | 10.33x | $32.48 Billion |
| Monarch Casino & Resort Inc (MCRI) | $448.01 Million | 15.29% | 0.54x | $1.70 Billion |
About Red Rock Resorts Inc
Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States. It owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in… Read more