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Side-by-side financial comparison of Red Rock Resorts, Inc. (RRR) and Soho House & Co Inc. (SHCO). Click either name above to swap in a different company.
Red Rock Resorts, Inc. is the larger business by last-quarter revenue ($511.8M vs $370.8M, roughly 1.4× Soho House & Co Inc.). Red Rock Resorts, Inc. runs the higher net margin — 8.7% vs -5.0%, a 13.8% gap on every dollar of revenue. On growth, Soho House & Co Inc. posted the faster year-over-year revenue change (11.2% vs 3.2%). Red Rock Resorts, Inc. produced more free cash flow last quarter ($77.7M vs $3.5M). Over the past eight quarters, Soho House & Co Inc.'s revenue compounded faster (13.5% CAGR vs 2.3%).
Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada, that is a developer and operator of high-end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn and is now run by CEO Craig Billings. As of 2020, the company has developed six properties.
Soho House is an international private members’ club with a focus on the media, arts and fashion industries.
RRR vs SHCO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $511.8M | $370.8M |
| Net Profit | $44.7M | $-18.7M |
| Gross Margin | — | — |
| Operating Margin | 28.1% | -1.6% |
| Net Margin | 8.7% | -5.0% |
| Revenue YoY | 3.2% | 11.2% |
| Net Profit YoY | -4.1% | -10790.3% |
| EPS (diluted) | $0.74 | $-0.10 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $511.8M | — | ||
| Q3 25 | $475.6M | $370.8M | ||
| Q2 25 | $526.3M | $329.8M | ||
| Q1 25 | $497.9M | $282.9M | ||
| Q4 24 | $495.7M | $305.6M | ||
| Q3 24 | $468.0M | $333.4M | ||
| Q2 24 | $486.4M | $302.9M | ||
| Q1 24 | $488.9M | $261.9M |
| Q4 25 | $44.7M | — | ||
| Q3 25 | $42.3M | $-18.7M | ||
| Q2 25 | $56.4M | $24.9M | ||
| Q1 25 | $44.7M | $8.2M | ||
| Q4 24 | $46.6M | $-91.7M | ||
| Q3 24 | $29.0M | $175.0K | ||
| Q2 24 | $35.7M | $-29.9M | ||
| Q1 24 | $42.8M | $-41.6M |
| Q4 25 | 28.1% | — | ||
| Q3 25 | 27.6% | -1.6% | ||
| Q2 25 | 31.9% | 18.1% | ||
| Q1 25 | 31.0% | 12.3% | ||
| Q4 24 | 28.7% | -23.1% | ||
| Q3 24 | 27.9% | 11.4% | ||
| Q2 24 | 28.8% | -4.3% | ||
| Q1 24 | 31.8% | -9.3% |
| Q4 25 | 8.7% | — | ||
| Q3 25 | 8.9% | -5.0% | ||
| Q2 25 | 10.7% | 7.5% | ||
| Q1 25 | 9.0% | 2.9% | ||
| Q4 24 | 9.4% | -30.0% | ||
| Q3 24 | 6.2% | 0.1% | ||
| Q2 24 | 7.3% | -9.9% | ||
| Q1 24 | 8.8% | -15.9% |
| Q4 25 | $0.74 | — | ||
| Q3 25 | $0.68 | $-0.10 | ||
| Q2 25 | $0.95 | $0.13 | ||
| Q1 25 | $0.75 | $0.04 | ||
| Q4 24 | $0.78 | $-0.48 | ||
| Q3 24 | $0.48 | $0.00 | ||
| Q2 24 | $0.59 | $-0.15 | ||
| Q1 24 | $0.68 | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $142.5M | $142.5M |
| Total DebtLower is stronger | $3.4B | $735.8M |
| Stockholders' EquityBook value | $208.3M | $-351.6M |
| Total Assets | $4.2B | $2.7B |
| Debt / EquityLower = less leverage | 16.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $142.5M | — | ||
| Q3 25 | $129.8M | $142.5M | ||
| Q2 25 | $145.2M | $150.3M | ||
| Q1 25 | $150.6M | $150.1M | ||
| Q4 24 | $164.4M | $152.7M | ||
| Q3 24 | $117.5M | $142.8M | ||
| Q2 24 | $136.4M | $148.5M | ||
| Q1 24 | $129.7M | $139.8M |
| Q4 25 | $3.4B | — | ||
| Q3 25 | — | $735.8M | ||
| Q2 25 | — | $729.8M | ||
| Q1 25 | — | $705.1M | ||
| Q4 24 | $3.4B | $691.5M | ||
| Q3 24 | — | $694.8M | ||
| Q2 24 | — | $682.1M | ||
| Q1 24 | — | $671.7M |
| Q4 25 | $208.3M | — | ||
| Q3 25 | $219.6M | $-351.6M | ||
| Q2 25 | $203.4M | $-348.6M | ||
| Q1 25 | $247.1M | $-340.1M | ||
| Q4 24 | $215.1M | $-335.1M | ||
| Q3 24 | $175.5M | $-279.4M | ||
| Q2 24 | $159.0M | $-231.7M | ||
| Q1 24 | $135.2M | $-193.0M |
| Q4 25 | $4.2B | — | ||
| Q3 25 | $4.1B | $2.7B | ||
| Q2 25 | $4.0B | $2.6B | ||
| Q1 25 | $4.1B | $2.5B | ||
| Q4 24 | $4.0B | $2.4B | ||
| Q3 24 | $4.0B | $2.6B | ||
| Q2 24 | $4.0B | $2.6B | ||
| Q1 24 | $4.0B | $2.5B |
| Q4 25 | 16.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 15.84× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $156.6M | $34.9M |
| Free Cash FlowOCF − Capex | $77.7M | $3.5M |
| FCF MarginFCF / Revenue | 15.2% | 0.9% |
| Capex IntensityCapex / Revenue | 15.4% | 8.5% |
| Cash ConversionOCF / Net Profit | 3.51× | — |
| TTM Free Cash FlowTrailing 4 quarters | $290.5M | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.6M | — | ||
| Q3 25 | $168.3M | $34.9M | ||
| Q2 25 | $158.4M | $41.0M | ||
| Q1 25 | $126.2M | $22.8M | ||
| Q4 24 | $148.2M | $26.9M | ||
| Q3 24 | $131.0M | $20.6M | ||
| Q2 24 | $142.5M | $36.0M | ||
| Q1 24 | $126.5M | $6.2M |
| Q4 25 | $77.7M | — | ||
| Q3 25 | $74.6M | $3.5M | ||
| Q2 25 | $80.3M | $12.4M | ||
| Q1 25 | $58.0M | $7.5M | ||
| Q4 24 | $121.4M | $18.5M | ||
| Q3 24 | $50.7M | $10.3M | ||
| Q2 24 | $64.0M | $10.2M | ||
| Q1 24 | $28.4M | $-13.5M |
| Q4 25 | 15.2% | — | ||
| Q3 25 | 15.7% | 0.9% | ||
| Q2 25 | 15.3% | 3.8% | ||
| Q1 25 | 11.6% | 2.7% | ||
| Q4 24 | 24.5% | 6.1% | ||
| Q3 24 | 10.8% | 3.1% | ||
| Q2 24 | 13.1% | 3.4% | ||
| Q1 24 | 5.8% | -5.2% |
| Q4 25 | 15.4% | — | ||
| Q3 25 | 19.7% | 8.5% | ||
| Q2 25 | 14.9% | 8.7% | ||
| Q1 25 | 13.7% | 5.4% | ||
| Q4 24 | 5.4% | 2.7% | ||
| Q3 24 | 17.2% | 3.1% | ||
| Q2 24 | 16.2% | 8.5% | ||
| Q1 24 | 20.1% | 7.5% |
| Q4 25 | 3.51× | — | ||
| Q3 25 | 3.98× | — | ||
| Q2 25 | 2.81× | 1.65× | ||
| Q1 25 | 2.82× | 2.79× | ||
| Q4 24 | 3.18× | — | ||
| Q3 24 | 4.53× | 117.70× | ||
| Q2 24 | 4.00× | — | ||
| Q1 24 | 2.95× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RRR
| Casino | $343.0M | 67% |
| Food And Beverage | $93.3M | 18% |
| Occupancy | $47.2M | 9% |
| Hotel Other | $24.6M | 5% |
SHCO
| Membership | $122.7M | 33% |
| Other | $122.0M | 33% |
| Membership Revenue | $58.5M | 16% |
| Other Revenue | $28.5M | 8% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $24.8M | 7% |
| Elimination Of Equity Accounted Revenue | $13.4M | 4% |
| Related Party | $2.0M | 1% |
| Soho House | $1.0M | 0% |