RRR on Nasdaq

Red Rock Resorts, Inc.

American hotels and motels company, incorporated in Delaware. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

$2.0BRevenue, fiscal 20252
$188.1MNet income, fiscal 20252

Compare with Bally's Corporation, Choice Hotels or Park Hotels & Resorts, or pick any stock.

  • TickerRRR on Nasdaq1
  • IndustryHotels & Motels1
  • HeadquartersLas Vegas, Nevada1
  • Incorporated inDE3
  • Business address1505 South Pavilion Center Drive, Las Vegas, Nv 891353
  • Filer categoryLarge accelerated filer3

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Red Rock Resorts, Inc. (“we,” “our,” “us,” “Red Rock” or the “Company”) is a holding company that owns an indirect equity interest in and manages Station Casinos LLC (“Station LLC”), through which we conduct all of our operations. Station LLC is a gaming, development and management company established in 1976 that develops and operates strategically-located casino and entertainment properties. Station LLC owns and operates seven major gaming and entertainment facilities, including Durango Casino & Resort (“Durango”), and 13 smaller casinos (three of which are 50% owned). Durango opened in December of 2023 on approximately 50 acres of land at the intersection of Interstate 215 and Durango Drive in the southwest Las Vegas valley.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

29.7%Operating margin2
9.3%Net margin2
3.7%Revenue growth, 20252
90.3%Return on equity2
16.22×Debt to equity2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Casino brought in 61% of the revenue Red Rock Resorts, Inc. broke down this way in fiscal 2025.

  1. Casino$1.3B261%up 5% from 2024
  2. Food and Beverage$362.4M216%up 1% from 2024
  3. Complimentary Goods and Services$196.3M29%down 2% from 2024
  4. Occupancy$190.1M29%down 5% from 2024
  5. Hotel, Other$100.8M25%down 0% from 2024
  6. Management Service$17.6M21%
Products and services by year
Products and services202320242025
Casino$1.1B$1.3B$1.3B
Food and Beverage$313.6M$360.4M$362.4M
Complimentary Goods and Services$171.4M$199.7M$196.3M
Occupancy$183.1M$200.5M$190.1M
Hotel, Other$95.2M$100.9M$100.8M
Management Service$0$0$17.6M

Business segments

Las Vegas Operations brought in 99% of the revenue Red Rock Resorts, Inc. broke down this way in fiscal 2025.

  1. Las Vegas Operations$2.0B299%up 3% from 2024
  2. Native American Management$17.6M21%
Business segments by year
Business segments202320242025
Las Vegas Operations$1.7B$1.9B$2.0B
Native American Management$0$0$17.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin22¢$441.3M
  • Other costs56¢$1.1B
  • Interest10¢$201.9M
  • Income tax2¢$46.6M
  • Profit9¢$188.1M

Out of $2.0B in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid20¢$120.8M
  • Share buybacks13¢$79.0M
  • Kept or used elsewhere67¢$409.7M

Out of $609.5M of cash from operations.2

Financial statements

Revenue567892$2.0B in 2025+20% since 2018
0$1.0B$2.0B$3.0B2018: $1.7B$1.7B20182019: $1.9B$1.9B2019+10%2020: $1.2B$1.2B2020−36%2021: $1.6B$1.6B2021+37%2022: $1.7B$1.7B2022+3%2023: $1.7B$1.7B2023+4%2024: $1.9B$1.9B2024+12%2025: $2.0B$2.0B2025+4%
Operating income567892$597.4M in 2025+61% since 2018
0$200.0M$400.0M$600.0M2018: $372.2M$372.2M20182019: $186.0M$186.0M2019−50%2020: $88.6M$88.6M2020−52%2021: $401.5M$401.5M2021+353%2022: $561.3M$561.3M2022+40%2023: $558.7M$558.7M2023−0%2024: $568.7M$568.7M2024+2%2025: $597.4M$597.4M2025+5%
Net income567892$188.1M in 2025+19% since 2018
-$200.0M-$100.0M0$100.0M$200.0M$300.0M2018: $157.5M$157.5M20182019: -$3.4M-$3.4M20192020: -$150.4M-$150.4M2020+4388%2021: $241.8M$241.8M20212022: $205.5M$205.5M2022−15%2023: $176.0M$176.0M2023−14%2024: $154.1M$154.1M2024−12%2025: $188.1M$188.1M2025+22%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Net revenues$2.0B$1.9B$1.7B
Selling, general and administrative$441.3M$432.3M$374.5M
Depreciation and amortization$197.4M$187.1M$132.5M
Write-downs and other, net$19.0M$6.7M$32.0M
Costs and Expenses$1.4B$1.4B$1.2B
Operating income$597.4M$568.7M$558.7M
Earnings from joint ventures$2.6M$2.4M$3.1M
Operating income and earnings from joint ventures$600.0M$571.1M$561.8M
Interest expense, net-$201.9M-$228.8M-$181.0M
Loss on extinguishment/modification of debt-$25.0K-$14.4M$0
Total other expense-$197.7M-$242.9M-$181.0M
Income before income tax$402.3M$328.2M$380.8M
Provision for income tax-$46.6M-$36.9M-$43.0M
Net income$355.7M$291.3M$337.8M
Less: net income attributable to noncontrolling interests$167.6M$137.2M$161.8M
Net income attributable to Red Rock Resorts, Inc.$188.1M$154.1M$176.0M
Earnings per share of Class A common stock, basic$3.19$2.61$3.04
Earnings per share of Class A common stock, diluted$3.12$2.53$2.94
Basic59.0M shares59.0M shares57.9M shares
Diluted102.6M shares103.7M shares103.2M shares
Gain (Loss) on Derivative Instruments, Net, Pretax-$4.3M$274.0K$0
Gain on Native American Development$8.5M$0$0
Share-based compensation$32.6M$31.5M$20.1M
Distributions-$136.3M-$126.7M-$76.7M
Dividends declared-$119.9M-$119.1M-$58.3M
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture$0$0$0
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation$24.0M$13.8M$14.7M
Repurchases of Class A common stock$79.4M$3.9M
Exchanges of noncontrolling interests (shares)100.0K shares0 shares0 shares
Exchanges of noncontrolling interests-$5.6M
Recognition of tax receivable agreement liability resulting from exchanges of noncontrolling interests$1.3M$0
Net deferred tax assets resulting from equity transactions$3.6M$3.7M$3.5M
Rebalancing of ownership percentage between the Company and noncontrolling interests in Station Holdco$0$0$0

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Leadership

Who has led Red Rock Resorts, Inc., and when. Pick a name to see everywhere that person has worked.

President

  1. Richard J. Haskins2016–2019
  2. Scott Kreeger2022–now

Chief financial officer

  1. Marc J. Falcone2016–2017
  2. Stephen Lawrence Cootey2018–now

Chief operating officer

  1. Daniel J. Roy2016–2017
  2. Joseph J. Hasson2018
  3. Kord Nichols2024–now
20202025
Board members and other officers (6)

Former names

  • Station Casinos Corp.Oct 13, 2015 to Jan 7, 20163

Filings

218 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 39 major events, 95 insider forms, 34 large holders, 30 other. The latest 20:

  1. Sep 16, 20263 EDGAR
  2. Sep 2, 20264 EDGAR
  3. Sep 1, 2026144 EDGAR
  4. Aug 13, 20264 EDGAR
  5. Aug 12, 2026144 EDGAR
  6. Aug 10, 20264 EDGAR
  7. Aug 7, 2026144 EDGAR
  8. Aug 7, 202610-Q EDGAR
  9. Aug 4, 20268-K EDGAR
  10. Jun 15, 20264 EDGAR
  11. Jun 15, 20264 EDGAR
  12. Jun 15, 20264 EDGAR
  13. Jun 15, 20264 EDGAR
  14. Jun 15, 20264 EDGAR
  15. Jun 12, 20268-K EDGAR
  16. Jun 8, 20268-K EDGAR
  17. Jun 3, 2026SCHEDULE 13G/A EDGAR
  18. May 28, 20264 EDGAR
  19. May 15, 2026SCHEDULE 13G/A EDGAR
  20. May 7, 202610-Q EDGAR

The 218 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

26 open-market trades by officers, directors and large owners since October 2021: 9 buys and 17 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 1, 2026Welch Jeffrey TEVP and Chief Legal OfficerSale9,000$55.88$502.9KForm 4
Aug 12, 2026Nichols KordEVP & Chief Operating OfficerSale9,791$63.00$616.8KForm 4
Aug 7, 2026KREEGER SCOTTPresidentSale31,159$61.78$1.9MForm 4
Aug 22, 2025Nichols KordEVP & Chief Operating OfficerSale37,075$61.03$2.3MForm 4
Aug 13, 2025Nichols KordEVP & Chief Operating OfficerSale5,250$61.00$320.2KForm 4
Aug 12, 2025Nichols KordEVP & Chief Operating OfficerSale42,325$58.61$2.5MForm 4
Aug 1, 2025Cootey Stephen LawrenceEVP & Chief Financial OfficerSale121,400$60.04$7.3MForm 4
Aug 1, 2025Welch Jeffrey TEVP and Chief Legal OfficerSale56,653$60.23$3.4MForm 4
Aug 6, 2024FERTITTA LORENZO JVice PresidentBuy33,000$52.91$1.7MForm 4
Aug 6, 2024FERTITTA FRANK J IIIChief Executive OfficerBuy67,000$52.91$3.5MForm 4
Aug 5, 2024FERTITTA LORENZO JVice PresidentBuy33,000$49.77$1.6MForm 4
Aug 5, 2024FERTITTA FRANK J IIIChief Executive OfficerBuy67,000$49.77$3.3MForm 4
Aug 2, 2024FERTITTA LORENZO JVice PresidentBuy33,000$51.91$1.7MForm 4
Aug 2, 2024FERTITTA FRANK J IIIChief Executive OfficerBuy67,000$51.91$3.5MForm 4
Aug 1, 2024FERTITTA LORENZO JVice PresidentBuy33,000$54.49$1.8MForm 4
Aug 1, 2024FERTITTA FRANK J IIIChief Executive OfficerBuy67,000$54.49$3.7MForm 4
Jul 29, 2024Nichols KordEVP & Chief Operating OfficerSale49,464$58.00$2.9MForm 4
May 13, 2024FERTITTA FRANK J IIIChief Executive OfficerSale800,000$50.39$40.3MForm 4
May 13, 2024FERTITTA LORENZO JVice PresidentBuy800,000$50.39$40.3MForm 4
Feb 23, 2024Cootey Stephen LawrenceEVP & Chief Financial OfficerSale7,520$57.74$434.2KForm 4

All 26 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Bamco Inc /ny/16,391,131$1.1B1.6%+2,978,285
BlackRock, Inc.7,327,541$476.7M0.0%+120,671
Vanguard Portfolio Management LLC3,436,801$223.6M0.0%−106,542
Fmr LLC2,733,008$177.8M0.0%+851,405
Vanguard Capital Management LLC2,312,057$150.4M0.0%−6,471
State Street Corp1,883,396$122.5M0.0%+21,521
Diamond Hill Capital Management, LLC (Investment Advisor)1,855,878$120.7M1.0%−34,719
Geode Capital Management, LLC1,301,332$84.7M0.0%+30,186
Westfield Capital Management Co LP1,261,559$82.1M0.3%+33,401
Arrowstreet Capital, Limited Partnership1,245,359$81.0M0.0%+145,655
Goldman Sachs Group Inc829,777$54.0M0.0%+149,522
UBS Group AG784,848$51.1M0.0%+461,918
Vaughan Nelson Investment Management, L.P.758,812$49.4M0.4%+107,869
Charles Schwab Investment Management Inc612,637$39.9M0.0%−6,415
Morgan Stanley553,753$36.0M0.0%+38,779
Dimensional Fund Advisors LP496,952$32.3M0.0%+9,414
Ameriprise Financial Inc482,075$31.4M0.0%+27,742
Northern Trust Corp479,059$31.2M0.0%−1,225
Invesco Ltd.445,174$29.0M0.0%−1,798,655
Bank of New York Mellon Corp416,036$27.1M0.0%−6,636
Millennium Management LLC384,235$25.0M0.0%+127,641
Vanguard Fiduciary Trust Co345,102$22.5M0.0%+15,945
Woodline Partners LP327,779$21.3M0.1%+123,885
Capital World Investors312,500$20.3M0.0%No change
Principal Financial Group Inc287,262$18.7M0.0%−371

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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