Red Rock Resorts Q4 revenue rises 7.1% to $495.7 million; net income falls 19.5%
Red Rock Resorts reported fourth quarter 2024 net revenues of $495.7 million, up 7.1%, while net income fell 19.5% to $87.7 million. For the full year, net revenues rose 12.5% to $1.94 billion, but net income declined 13.8% to $291.3 million, so revenue growth did not carry through to profit for shareholders.
Key points
- Q4 2024 Adjusted EBITDA was $202.4 million, up 0.5% from $201.3 million in Q4 2023.
- Q4 2024 diluted earnings per Class A share were $0.76, versus $0.95 in Q4 2023.
- Board declared a $0.25 per Class A share dividend for Q1 2025, payable March 31, 2025 to holders of record on March 17, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.