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Red Rock Resorts, Inc. RRR Native American management and development fees — Net revenues

Other product segments

Casino
$340.52M+2.2%
Food and beverage
$90.32M+1.2%
Room
$45.51M-9.3%
Other
$26.22M+4.2%

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OWLTotal Management and Other Fees, Net — Revenue
$747.75M+10.4%

Other financials

Income statement

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Revenue$507.3M+1.9%
Operating income$143.7M-6.9%
Net income$42.9M-4.2%
EPS (diluted)$0.73-2.7%

Balance sheet

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Cash & equivalents$134.0M-11.0%
Total debt$3.6B+6.0%
Total equity$142.7M-42.2%
Total assets$4.2B+3.4%

Cash flow

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Operating cash flow$139.8M+10.8%
CapEx$117.2M+71.8%
Free cash flow$22.6M-61.0%

Valuation

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Market cap$3.59B+21.2%
Enterprise value$7.06B+13.2%
P/E19.3×+0.3×
P/S1.8×+0.3×

Profitability

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Operating margin29%-0.1pp
Net margin9.2%+1.2pp
FCF margin12.6%-2.5pp

Returns & leverage

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Return on equity95.5%+14.0pp
Debt / equity25.3×+11.5×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by Red Rock Resorts, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Red Rock Resorts, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Red Rock Resorts, Inc.'s native american management and development fees — net revenues?
Red Rock Resorts, Inc. (RRR) reported native american management and development fees — net revenues of $4.74M in Q1 2026.
What is the long-term trend for Red Rock Resorts, Inc.'s native american management and development fees — net revenues?
Over 4 years (2021 to 2025), Red Rock Resorts, Inc.'s native american management and development fees — net revenues has grown at a 17.7% compound annual growth rate (CAGR), from $9.2M to $17.64M.
What does native american management and development fees — net revenues mean?
This metric represents the net revenue generated from providing management, consulting, and development services to Native American gaming enterprises. It reflects the income streams derived from contractual agreements to operate or assist in the development of tribal casino properties. This revenue source highlights the company's role as a service provider and partner in the tribal gaming sector, distinct from its owned and operated asset portfolio.