• Wynn Resorts average gross margin for 2023 was 40.99%, a 18.13% increase from 2022.
• Wynn Resorts average gross margin for 2022 was 34.7%, a 23.44% increase from 2021.
• Wynn Resorts average gross margin for 2021 was 28.11%, a 3.38% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.