Is Red Rock Resorts Inc (RRR) overvalued? · P/E 21, rev $1.94B
Red Rock Resorts Inc (RRR) is a resorts & casinos company listed on US.
This page asks whether Red Rock Resorts Inc (RRR) looks expensive on cached numbers — not a short thesis.
Latest reported RRR revenue for 2024-12-31 was $1.94B. Net income was $291.3M. Revenue was up 12.5% from 2023-12-31 to 2024-12-31. RRR currently screens at market cap $5.64B and trailing P/E 21.0.
RRR currently screens at market cap $5.64B and trailing P/E 21.0. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next RRR 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the RRR stock page for the full model, not this heading.
Not investment advice.