Red Historical Income Statement

RRR Stock  USD 44.61  0.03  0.07%   
Historical analysis of Red Rock income statement accounts such as Total Revenue of 1.7 B, Gross Profit of 965.2 M, Other Operating Expenses of 1.3 B or Operating Income of 386.5 M can show how well Red Rock Resorts performed in making a profits. Evaluating Red Rock income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Red Rock's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Red Rock Resorts latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Red Rock Resorts is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Red Income Statement Analysis

Red Rock Resorts Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Red Rock shareholders. The income statement also shows Red investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Red Rock Income Statement Chart

At this time, Red Rock's Income Tax Expense is relatively stable compared to the past year. As of 03/26/2025, Net Income Applicable To Common Shares is likely to grow to about 248.1 M, while Interest Expense is likely to drop slightly above 168.7 M.

Total Revenue

Total revenue comprises all receipts Red Rock Resorts generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Red Rock's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Red Rock Resorts current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Red Rock's Income Tax Expense is relatively stable compared to the past year. As of 03/26/2025, Net Income Applicable To Common Shares is likely to grow to about 248.1 M, while Interest Expense is likely to drop slightly above 168.7 M.
 2022 2023 2024 2025 (projected)
Interest Expense129.9M181.0M228.8M168.7M
Depreciation And Amortization128.4M132.5M187.1M178.6M

Red Rock income statement Correlations

-0.180.51-0.420.370.190.66-0.05-0.26-0.030.510.69-0.2-0.61-0.35-0.360.56-0.550.310.29-0.62-0.620.38-0.21-0.420.66
-0.18-0.20.420.06-0.040.22-0.070.01-0.030.190.19-0.09-0.02-0.240.27-0.410.09-0.220.220.330.37-0.03-0.640.20.01
0.51-0.2-0.890.80.760.630.630.460.60.510.60.5-0.740.29-0.430.770.210.050.32-0.73-0.710.23-0.420.17-0.05
-0.420.42-0.89-0.58-0.7-0.33-0.61-0.37-0.49-0.14-0.54-0.480.69-0.320.39-0.76-0.190.19-0.410.690.69-0.210.26-0.10.14
0.370.060.8-0.580.910.790.80.720.830.710.660.67-0.720.52-0.670.70.47-0.040.46-0.75-0.730.01-0.510.17-0.24
0.19-0.040.76-0.70.910.50.960.850.930.350.580.84-0.670.7-0.680.720.66-0.360.6-0.75-0.73-0.02-0.440.31-0.45
0.660.220.63-0.330.790.50.280.170.340.930.790.12-0.690.0-0.480.5-0.050.30.35-0.55-0.530.03-0.53-0.220.27
-0.05-0.070.63-0.610.80.960.280.930.960.170.370.92-0.480.83-0.630.620.83-0.440.51-0.63-0.61-0.13-0.310.44-0.63
-0.260.010.46-0.370.720.850.170.930.970.170.120.93-0.290.86-0.520.420.89-0.380.29-0.47-0.45-0.13-0.260.56-0.75
-0.03-0.030.6-0.490.830.930.340.960.970.30.290.92-0.440.81-0.630.570.79-0.320.37-0.64-0.62-0.04-0.320.47-0.62
0.510.190.51-0.140.710.350.930.170.170.30.510.08-0.48-0.01-0.370.36-0.050.520.02-0.42-0.410.04-0.41-0.120.22
0.690.190.6-0.540.660.580.790.370.120.290.510.14-0.820.01-0.510.56-0.04-0.170.79-0.59-0.57-0.01-0.57-0.320.27
-0.2-0.090.5-0.480.670.840.120.920.930.920.080.14-0.210.88-0.60.550.83-0.380.31-0.54-0.530.0-0.240.62-0.71
-0.61-0.02-0.740.69-0.72-0.67-0.69-0.48-0.29-0.44-0.48-0.82-0.21-0.030.31-0.6-0.030.21-0.620.660.65-0.230.530.21-0.04
-0.35-0.240.29-0.320.520.70.00.830.860.81-0.010.010.88-0.03-0.610.390.89-0.380.27-0.33-0.33-0.380.00.44-0.73
-0.360.27-0.430.39-0.67-0.68-0.48-0.63-0.52-0.63-0.37-0.51-0.60.31-0.61-0.69-0.370.0-0.430.750.750.230.10.020.14
0.56-0.410.77-0.760.70.720.50.620.420.570.360.560.55-0.60.39-0.690.160.030.34-0.87-0.870.26-0.220.07-0.07
-0.550.090.21-0.190.470.66-0.050.830.890.79-0.05-0.040.83-0.030.89-0.370.16-0.480.26-0.18-0.16-0.43-0.180.62-0.84
0.31-0.220.050.19-0.04-0.360.3-0.44-0.38-0.320.52-0.17-0.380.21-0.380.00.03-0.48-0.63-0.05-0.070.10.31-0.250.53
0.290.220.32-0.410.460.60.350.510.290.370.020.790.31-0.620.27-0.430.340.26-0.63-0.41-0.37-0.14-0.36-0.210.0
-0.620.33-0.730.69-0.75-0.75-0.55-0.63-0.47-0.64-0.42-0.59-0.540.66-0.330.75-0.87-0.18-0.05-0.411.0-0.310.2-0.060.05
-0.620.37-0.710.69-0.73-0.73-0.53-0.61-0.45-0.62-0.41-0.57-0.530.65-0.330.75-0.87-0.16-0.07-0.371.0-0.30.18-0.050.06
0.38-0.030.23-0.210.01-0.020.03-0.13-0.13-0.040.04-0.010.0-0.23-0.380.230.26-0.430.1-0.14-0.31-0.3-0.120.140.19
-0.21-0.64-0.420.26-0.51-0.44-0.53-0.31-0.26-0.32-0.41-0.57-0.240.530.00.1-0.22-0.180.31-0.360.20.18-0.12-0.310.19
-0.420.20.17-0.10.170.31-0.220.440.560.47-0.12-0.320.620.210.440.020.070.62-0.25-0.21-0.06-0.050.14-0.31-0.66
0.660.01-0.050.14-0.24-0.450.27-0.63-0.75-0.620.220.27-0.71-0.04-0.730.14-0.07-0.840.530.00.050.060.190.19-0.66
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Red Rock Account Relationship Matchups

Red Rock income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization231.4M157.8M128.4M132.5M187.1M178.6M
Interest Expense128.5M103.2M129.9M181.0M228.8M168.7M
Selling General Administrative314.4M332.8M341.7M364.2M432.3M376.4M
Selling And Marketing Expenses10.2M14.3M11.3M10.3M9.3M8.8M
Total Revenue1.2B1.6B1.7B1.7B1.9B1.7B
Gross Profit681.1M1.1B1.1B1.1B1.2B965.2M
Other Operating Expenses1.1B1.1B1.1B1.2B1.4B1.3B
Operating Income125.9M561.4M561.3M558.7M568.7M386.5M
Ebit69.4M560.5M593.7M561.8M557.0M421.2M
Ebitda300.8M718.3M722.0M694.3M744.1M599.8M
Cost Of Revenue501.3M552.5M588.7M626.4M744.2M715.5M
Total Operating Expenses556.0M504.9M481.4M535.9M626.1M552.9M
Income Before Tax(60.5M)285.5M434.9M380.8M328.2M185.6M
Total Other Income Expense Net(149.1M)(116.0M)(126.4M)(177.9M)(240.5M)(228.5M)
Net Income(174.5M)354.8M390.4M176.0M154.1M113.6M
Income Tax Expense114.1M(69.3M)44.5M43.0M36.9M67.2M
Net Income From Continuing Ops(174.5M)354.8M390.4M337.8M291.3M190.6M
Net Income Applicable To Common Shares(3.4M)(150.4M)241.9M205.5M236.3M248.1M
Minority Interest(24.1M)(113.0M)(184.9M)(161.8M)(137.2M)(130.4M)
Tax Provision114.1M(69.3M)44.5M43.0M36.9M29.7M
Net Interest Income(128.5M)(103.2M)(129.9M)(181.0M)(228.8M)(240.2M)
Non Operating Income Net Other(37.8M)(20.6M)(12.8M)3.5M3.1M3.3M
Reconciled Depreciation231.4M157.8M128.4M132.5M187.1M141.8M

Pair Trading with Red Rock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Red Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Red Rock will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Red Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Red Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Red Rock Resorts to buy it.
The correlation of Red Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Red Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Rock Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Red Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Red Stock Analysis

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.