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Side-by-side financial comparison of Red Rock Resorts, Inc. (RRR) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

WESTERN ALLIANCE BANCORPORATION is the larger business by last-quarter revenue ($1.0B vs $507.3M, roughly 2.0× Red Rock Resorts, Inc.). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs 16.3%, a 2.3% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs 1.9%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% CAGR vs 2.1%).

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.

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

RRR vs WAL — Head-to-Head

Bigger by revenue
WAL
WAL
2.0× larger
WAL
$1.0B
$507.3M
RRR
Growing faster (revenue YoY)
WAL
WAL
+29.1% gap
WAL
31.0%
1.9%
RRR
Higher net margin
WAL
WAL
2.3% more per $
WAL
18.6%
16.3%
RRR
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
2.1%
RRR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
RRR
RRR
WAL
WAL
Revenue
$507.3M
$1.0B
Net Profit
$82.7M
$189.2M
Gross Margin
Operating Margin
28.3%
Net Margin
16.3%
18.6%
Revenue YoY
1.9%
31.0%
Net Profit YoY
-3.8%
-5.0%
EPS (diluted)
$0.73
$1.65

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.

Revenue
RRR
RRR
WAL
WAL
Q1 26
$507.3M
$1.0B
Q4 25
$511.8M
$980.9M
Q3 25
$475.6M
$938.2M
Q2 25
$526.3M
$845.9M
Q1 25
$497.9M
$778.0M
Q4 24
$495.7M
$838.4M
Q3 24
$468.0M
$823.1M
Q2 24
$486.4M
$771.8M
Net Profit
RRR
RRR
WAL
WAL
Q1 26
$82.7M
$189.2M
Q4 25
$44.7M
$286.1M
Q3 25
$42.3M
$253.4M
Q2 25
$56.4M
$230.4M
Q1 25
$44.7M
$199.1M
Q4 24
$46.6M
$216.9M
Q3 24
$29.0M
$199.8M
Q2 24
$35.7M
$193.6M
Operating Margin
RRR
RRR
WAL
WAL
Q1 26
28.3%
Q4 25
28.1%
36.3%
Q3 25
27.6%
33.4%
Q2 25
31.9%
34.4%
Q1 25
31.0%
31.7%
Q4 24
28.7%
30.9%
Q3 24
27.9%
30.6%
Q2 24
28.8%
32.1%
Net Margin
RRR
RRR
WAL
WAL
Q1 26
16.3%
18.6%
Q4 25
8.7%
29.2%
Q3 25
8.9%
27.0%
Q2 25
10.7%
27.2%
Q1 25
9.0%
25.6%
Q4 24
9.4%
25.9%
Q3 24
6.2%
24.3%
Q2 24
7.3%
25.1%
EPS (diluted)
RRR
RRR
WAL
WAL
Q1 26
$0.73
$1.65
Q4 25
$0.74
$2.59
Q3 25
$0.68
$2.28
Q2 25
$0.95
$2.07
Q1 25
$0.75
$1.79
Q4 24
$0.78
$1.94
Q3 24
$0.48
$1.80
Q2 24
$0.59
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RRR
RRR
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$7.9B
Total Assets
$98.9B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RRR
RRR
WAL
WAL
Q1 26
Q4 25
$142.5M
Q3 25
$129.8M
Q2 25
$145.2M
Q1 25
$150.6M
Q4 24
$164.4M
Q3 24
$117.5M
Q2 24
$136.4M
Total Debt
RRR
RRR
WAL
WAL
Q1 26
$4.3B
Q4 25
$3.4B
$1.4B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$1.6B
Q4 24
$3.4B
$2.4B
Q3 24
$1.4B
Q2 24
$436.0M
Stockholders' Equity
RRR
RRR
WAL
WAL
Q1 26
$7.9B
Q4 25
$208.3M
$7.7B
Q3 25
$219.6M
$7.4B
Q2 25
$203.4M
$7.1B
Q1 25
$247.1M
$6.9B
Q4 24
$215.1M
$6.7B
Q3 24
$175.5M
$6.7B
Q2 24
$159.0M
$6.3B
Total Assets
RRR
RRR
WAL
WAL
Q1 26
$98.9B
Q4 25
$4.2B
$92.8B
Q3 25
$4.1B
$91.0B
Q2 25
$4.0B
$86.7B
Q1 25
$4.1B
$83.0B
Q4 24
$4.0B
$80.9B
Q3 24
$4.0B
$80.1B
Q2 24
$4.0B
$80.6B
Debt / Equity
RRR
RRR
WAL
WAL
Q1 26
0.54×
Q4 25
16.30×
0.18×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.23×
Q4 24
15.84×
0.36×
Q3 24
0.21×
Q2 24
0.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RRR
RRR

Casino$340.5M67%
Food and beverage$90.3M18%
Room$45.5M9%
Other$26.2M5%
Native American management and development fees$4.7M1%

WAL
WAL

Segment breakdown not available.

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