| Stage | WYNN | % of rev | MAR | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.9B | 100.00% | $7.0B | 100.00% | MAR ×3.77 |
| Gross profit | $752M | 40.50% | $1.5B | 22.03% | WYNN +18.5pp |
| Operating income | $298M | 16.03% | $1.3B | 18.19% | MAR +2.2pp |
| Pre-tax income | $199M | 10.70% | $1.1B | 15.13% | MAR +4.4pp |
| Net income | $183M | 9.83% | $794M | 11.33% | MAR +1.5pp |
| Stage | WYNN | MAR | Gap · A − B |
|---|---|---|---|
| Revenue | $1.9B100.00% | $7.0B100.00% | MAR ×3.77 |
| Gross profit | 40.50%$752M | 22.03%$1.5B | WYNN +18.5pp |
| Operating income | 16.03%$298M | 18.19%$1.3B | MAR +2.2pp |
| Pre-tax income | 10.70%$199M | 15.13%$1.1B | MAR +4.4pp |
| Net income |
| 9.83%$183M |
| 11.33%$794M |
| MAR +1.5pp |
None
No disclosed counterparties: WYNN.