• Red Rock Resorts average return on tangible equity for 2023 was -111.41, a 234.21% increase from 2022.
• Red Rock Resorts average return on tangible equity for 2022 was 83.01, a 52.23% decline from 2021.
• Red Rock Resorts average return on tangible equity for 2021 was 54.53, a 202.31% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.