Question 1

What is Wynn Resorts's EV/EBITDA ratio?

Accepted Answer

Wynn Resorts (WYNN) EV/EBITDA ratio is 11.9× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Wynn Resorts?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Wynn Resorts specifically, the relevant sector benchmark is the current sector median of 14.3×.

Question 5

Is Wynn Resorts's EV/EBITDA ratio high or low?

Accepted Answer

Wynn Resorts's EV/EBITDA ratio of 11.9× is below its own 5-year average of 36.4× and below the sector median of 14.3×. That places the current reading at the 34th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Wynn Resorts's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Wynn Resorts (WYNN) EV/EBITDA ratio has ranged from a low of 8.6× in 2025 to a high of 1070.8× in 2006. The 5-year average is 36.4× and the 5-year median is 13.6×.

Question 7

What was Wynn Resorts's EV/EBITDA ratio in 2025?

Accepted Answer

Wynn Resorts (WYNN) EV/EBITDA ratio at the end of 2025 was 12.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Wynn Resorts's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$12.39B	$1.76B	12.8×	+3.3×	Dec 31, 2025
2024	$9.32B	$1.99B	9.6×	-1.9×	Dec 31, 2024
2023	$10.17B	$1.72B	11.5×	-18.6×	Dec 31, 2023
2022	$9.26B	$643.17M	30.1×	-32.1×	Dec 31, 2022
2021	$9.76B	$310.01M	62.2×	—	Dec 31, 2021
2020	$12.05B	−$480.30M	—	—	Dec 31, 2020
2019	$14.80B	$1.54B	14.9×	+0.9×	Dec 31, 2019
2018	$10.64B	$1.28B	14.0×	-0.6×	Dec 31, 2018
2017	$17.26B	$1.64B	14.6×	-2.5×	Dec 31, 2017
2016	$8.78B	$951.69M	17.1×	+2.9×	Dec 31, 2016
2015	$7.00B	$981.44M	14.2×	+1.7×	Dec 31, 2015
2014	$15.03B	$1.59B	12.6×	-1.5×	Dec 31, 2014
2013	$19.57B	$1.68B	14.0×	+3.3×	Dec 31, 2013
2012	$11.26B	$1.41B	10.7×	+0.8×	Dec 31, 2012
2011	$12.45B	$1.43B	10.0×	-5.3×	Dec 31, 2011
2010	$12.85B	$975.08M	15.2×	+1.9×	Dec 31, 2010
2009	$7.13B	$653.81M	13.3×	-0.3×	Dec 31, 2009
2008	$4.76B	$583.12M	13.6×	-8.3×	Dec 31, 2008
2007	$12.60B	$679.92M	21.9×	-1048.9×	Dec 31, 2007
2006	$9.52B	$10.39M	1070.8×	+1004.7×	Dec 31, 2006
2005	$5.40B	$107.39M	66.1×	—	Dec 31, 2005
2004	$6.26B	−$18.82M	—	—	Dec 31, 2004
2003	$2.26B	−$31.61M	—	—	Dec 31, 2003


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LKQ (LKQ)	9.0×
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Mohawk Industries (MHK)	4.9×
Smurfit Westrock (SW)	4.6×
PDD Holdings (PDD)	3.7×

EV/EBITDA for Wynn Resorts (WYNN)

EV/EBITDA daily chart for Wynn Resorts (WYNN)

Historical EV/EBITDA for Wynn Resorts (WYNN) from 2003 to 2025

About EV/EBITDA at Wynn Resorts (WYNN)

Wynn Resorts EV/EBITDA by Year

Wynn Resorts EV/EBITDA 2025: 12.8×

Wynn Resorts EV/EBITDA 2024: 9.6×

Wynn Resorts EV/EBITDA 2023: 11.5×

Wynn Resorts EV/EBITDA 2022: 30.1×

Wynn Resorts EV/EBITDA 2021: 62.2×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Wynn Resorts (WYNN) Key Financials

EV/EBITDA daily chart for Wynn Resorts (WYNN)

Historical EV/EBITDA for Wynn Resorts (WYNN) from 2003 to 2025

About EV/EBITDA at Wynn Resorts (WYNN)

Wynn Resorts EV/EBITDA by Year

Wynn Resorts EV/EBITDA 2025: 12.8×

Wynn Resorts EV/EBITDA 2024: 9.6×

Wynn Resorts EV/EBITDA 2023: 11.5×

Wynn Resorts EV/EBITDA 2022: 30.1×

Wynn Resorts EV/EBITDA 2021: 62.2×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Wynn Resorts's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Wynn Resorts?

+Is Wynn Resorts's EV/EBITDA ratio high or low?

+What is Wynn Resorts's historical EV/EBITDA ratio range?

+What was Wynn Resorts's EV/EBITDA ratio in 2025?

+Why does Wynn Resorts's EV/EBITDA ratio change over time?

Wynn Resorts (WYNN) Key Financials