Melco Resorts & Entertainment vs Wynn Resorts
Wynn Resorts is the larger business, with $7.14bn of revenue in fiscal 2025 against $5.16bn for Melco Resorts & Entertainment (1.4 times as much). Melco Resorts & Entertainment grew faster (11.3% against 0.1%). Wynn Resorts kept more of each dollar of sales as profit: a net margin of 4.6% against 3.6%.
| Latest fiscal year | Melco Resorts & EntertainmentMLCO, 2025 | Wynn ResortsWYNN, 2025 |
|---|---|---|
| Revenue | $5.16bn | $7.14bn |
| Revenue growth | 11.3% | 0.1% |
| Net income | $185m | $327m |
| Operating margin | 11.6% | 15.7% |
| Net margin | 3.6% | 4.6% |
| Return on equity | — | — |
| Free cash flow | $802m | $692m |
| Cash | $1.02bn | $1.46bn |
| Total debt | $6.77bn | $10.63bn |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | 0.0% | 2.3% |
| Share buybacks | $166m | $380m |
| Employees | — | 28,500 |
| Market value | $1.63bn | $8.02bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 29 (Weak) | 39 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |