# Wynn Resorts, Limited share price today (Wynn Resorts, Limited, WYNN) > Wynn Resorts, Limited's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. WYNN · Consumer Discretionary · Resorts & Casinos · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/wynn Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from fewer quarters than usual - Price: $77.68 (−34.7% in a year) - P/E: 18.6× (lower than 65% of the last 3.1 years) - Revenue (Jun 2026): $1.9 B (+6.9% on a year ago) - Profit (Jun 2026): $140 M (+111.5% on a year ago) - Operating margin: 16.5% (+0.7 points on a year ago) - ROE: −32%, FY25 - ROIC: 9.4%, against a 6.3% cost of capital: +3.1 points Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Wynn Resorts, Limited share price today? Wynn Resorts, Limited's share price was $77.68 at the close on 3 November 2026. It has been falling for 12 weeks. That is 20.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between $73 and $129, and at that close it sat 9% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 11 weeks running. Over the last 10 years the share price moved −13% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Wynn Resorts, Limited pay? Wynn Resorts, Limited paid $1.00 per share over the last four reported quarters. The most recent declaration was $0.25 for Jun 2026. At today's price of $77.68 that is a yield of 1.29%, based on dividends already paid, not a forecast. ## Which stock lists is Wynn Resorts, Limited on? Wynn Resorts, Limited is on one of our US lists: S&P 500 companies. [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks) ## Is Wynn Resorts, Limited profitable? Wynn Resorts, Limited earned $140 M of net profit in the Jun 2026 quarter, +111.5% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $327 M. That is 7.5% of the quarter's revenue. The same quarter a year earlier earned $66.2 M. 2 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $327 M (−34.7% on the year before). Why profit moved: revenue changed +6.9% on a year earlier and the margin moved +0.7 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +37.7% and revenue +6.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Wynn Resorts, Limited make, and is it growing? Wynn Resorts, Limited reported $1.9 B of revenue in the Jun 2026 quarter, +6.9% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 4 years it has grown 17.4% a year on average. The last full year, FY25, came in at $7.1 B. The last four reported quarters add to $7.4 B. FY25 revenue was $7.1 B, +0.1% on the year before. Recent pace: the last four quarters grew +6.5% on average, against 17.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +6.4%, against +2.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +16.9%, against −28.1% a year (accelerating). ## How much of every $100 of sales does Wynn Resorts, Limited keep? Wynn Resorts, Limited's operating margin was 16.5% in the Jun 2026 quarter, 0.7 percentage points higher than the same quarter a year ago. Across 5 years it has been between −10.2% and 16.2%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +0.7 percentage points on the year while gross margin changed +0.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Wynn Resorts, Limited's profit turning into cash? Over the last 3 years, 258% of Wynn Resorts, Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $1.4 B of operating cash against $327 M of profit. After $660 M of spending on assets, $692 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Wynn Resorts, Limited's cash go? Wynn Resorts, Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $1.5 B on assets over the last 3 years. Averaged over those years that is 7.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $1.5 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Wynn Resorts, Limited's P/E ratio, and how does it compare with its own history? Wynn Resorts, Limited's P/E is 18.6×, near the low end of its own history: it has been lower only 35% of the time. Its usual P/E (the middle reading) is 22.8×, over 3.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −27.9% while the price moved −34.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved −5.7% a year; about +292.4% a year came from earnings growth and about −298.1 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Wynn Resorts, Limited business getting better or worse? Wynn Resorts, Limited's business is turning around. Profit growth has swung from −50.2% at its low to +16.9%, improving for 4 quarters in a row. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Wynn Resorts, Limited earn on its capital? Wynn Resorts, Limited earned a ROE of −32% in FY25. That is up from a low of −66% in FY23. Its return on capital used (ROIC) is 3.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 4.6% net margin and 0.54× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 4.6% net margin × 0.54× asset turnover × −12.71× leverage (assets divided by equity) ≈ −31.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 9.4% − 6.3% = +3.1 percentage points. The 6.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 9.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 7.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Wynn Resorts, Limited have too much debt? Wynn Resorts, Limited's net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from −14.50 in FY21 to −11.92 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Wynn Resorts, Limited shareholding pattern? 12.4% of Wynn Resorts, Limited's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 4.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Wynn Resorts, Limited from balance-sheet trouble? For Wynn Resorts, Limited, the Z-score is 1.20. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.20 is inside the danger zone, so the balance sheet is a real risk. ## How does Wynn Resorts, Limited rank in its industry? 48.1 out of 100, rank 8 of 15 in Resorts & Casinos, with 81% of the evidence available. Wynn Resorts, Limited scores 48.1 out of 100 against the 15 companies it is compared with in Resorts & Casinos, ranking 8. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21 + 13.3 + 10.8 + 3 = 48.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Wynn Resorts, Limited compared with? Wynn Resorts, Limited ranks 8 of 15 Resorts & Casinos companies on the 4-Factor Sector Score, with 48.1 out of 100. 1. [Monarch Casino & Resort, Inc.](https://www.sectoralpha.in/us/stocks/mcri) MCRI · quiet · Most evidence points up · 81% evidence 73.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Revenue 5.2% · Profit 46.8% · Operating margin change 1.3 points · 83% evidence Capital efficiency 21.8/25 · ROCE 24.8% · Operating margin 27.4% · 76% evidence Valuation 14.2/20 · P/E 20.4× · PEG 0.42 · 65% evidence Relative strength 12.6/20 · Lead over its industry 9.1% · Lead over S&P 500 -0.8% · 1 year 22.9% · 100% evidence · 1 of 12 weeks ahead Exact sum: 25 + 21.8 + 14.2 + 12.6 = 73.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Hilton Grand Vacations Inc.](https://www.sectoralpha.in/us/stocks/hgv) HGV · basing · Evidence leans up · 81% evidence 55.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue 5.4% · Profit 100% · Operating margin change 0.3 points · 83% evidence Capital efficiency 10.4/25 · ROCE 6% · Operating margin 11.3% · 76% evidence Valuation 12.3/20 · P/E 27.2× · PEG 0.48 · 65% evidence Relative strength 11.3/20 · Lead over its industry -0.7% · Lead over S&P 500 -10.5% · 1 year 5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.9 + 10.4 + 12.3 + 11.3 = 55.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Las Vegas Sands Corp.](https://www.sectoralpha.in/us/stocks/lvs) LVS · basing · Evidence leans up · 85% evidence 51.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 10.9% · Profit 0.2% · Operating margin change -4.3 points · 95% evidence Capital efficiency 18.7/25 · ROCE 20.4% · Operating margin 19.3% · 76% evidence Valuation 9.1/20 · P/E 15.2× · PEG 1.53 · 65% evidence Relative strength 4.7/20 · Lead over its industry -21.7% · Lead over S&P 500 -29.8% · 1 year -41.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.3 + 18.7 + 9.1 + 4.7 = 51.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Caesars Entertainment, Inc.](https://www.sectoralpha.in/us/stocks/czr) CZR · quiet · Evidence leans up · 64% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue 2.4% · Profit n/a · Operating margin change -1.6 points · 62% evidence Capital efficiency 9.6/25 · ROCE 7.1% · Operating margin 17.7% · 76% evidence Valuation 11.5/20 · P/E -25.5× · PEG n/a · 15% evidence Relative strength 16.6/20 · Lead over its industry 13.4% · Lead over S&P 500 3.1% · 1 year 46.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.8 + 9.6 + 11.5 + 16.6 = 51.5 · What this means: Relative strength against the index is 3.1%, and revenue and profit growth are weak. 5. [PENN Entertainment, Inc.](https://www.sectoralpha.in/us/stocks/penn) PENN · quiet · Evidence leans up · 64% evidence 50.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/35 · Revenue 6.1% · Profit n/a · Operating margin change 2.6 points · 62% evidence Capital efficiency 5.3/25 · ROCE 3% · Operating margin 7.9% · 76% evidence Valuation 10.8/20 · P/E -3× · PEG n/a · 15% evidence Relative strength 12.9/20 · Lead over its industry 10% · Lead over S&P 500 -0.5% · 1 year 17.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 21.6 + 5.3 + 10.8 + 12.9 = 50.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Melco Resorts & Entertainment Limited](https://www.sectoralpha.in/us/stocks/mlco) MLCO · basing · Evidence leans up · 71% evidence 50.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.9/35 · Revenue 6% · Profit 100% · Operating margin change 0.8 points · 83% evidence Capital efficiency 10.6/25 · ROCE 11.2% · Operating margin 10.2% · 76% evidence Valuation 10.5/20 · P/E 8.7× · PEG n/a · 15% evidence Relative strength 4.3/20 · Lead over its industry -24.3% · Lead over S&P 500 -32.2% · 1 year -50.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.9 + 10.6 + 10.5 + 4.3 = 50.3 · What this means: Earnings are strong; relative strength in its sector is -24.3% and the one-year return is -50.6%. 7. [Boyd Gaming Corporation](https://www.sectoralpha.in/us/stocks/byd) BYD · basing · Evidence leans up · 85% evidence 50.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.9/35 · Revenue 0.3% · Profit -73.4% · Operating margin change -0.9 points · 95% evidence Capital efficiency 17.3/25 · ROCE 13.7% · Operating margin 19.7% · 76% evidence Valuation 14.1/20 · P/E 9.6× · PEG 0.43 · 65% evidence Relative strength 10.7/20 · Lead over its industry -1.4% · Lead over S&P 500 -11% · 1 year -5.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 7.9 + 17.3 + 14.1 + 10.7 = 50 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. Wynn Resorts, Limited this page WYNN · basing · Evidence leans down · 81% evidence 48.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 6.4% · Profit 16.7% · Operating margin change 0.7 points · 83% evidence Capital efficiency 13.3/25 · ROCE 11.7% · Operating margin 16.5% · 76% evidence Valuation 10.8/20 · P/E 22.1× · PEG 0.98 · 65% evidence Relative strength 3.0/20 · Lead over its industry -20% · Lead over S&P 500 -28.2% · 1 year -38.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21 + 13.3 + 10.8 + 3 = 48.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Marriott Vacations Worldwide Corporation](https://www.sectoralpha.in/us/stocks/vac) VAC · quiet · Evidence leans down · 71% evidence 47.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue 1.7% · Profit -229% · Operating margin change 0.8 points · 83% evidence Capital efficiency 10.2/25 · ROCE 5.2% · Operating margin 12.9% · 76% evidence Valuation 11.0/20 · P/E -10.5× · PEG n/a · 15% evidence Relative strength 14.3/20 · Lead over its industry 52% · Lead over S&P 500 39.6% · 1 year 151.5% · 100% evidence · 7 of 12 weeks ahead Exact sum: 12.1 + 10.2 + 11 + 14.3 = 47.6 · What this means: Relative strength against the index is 39.6%, and revenue and profit growth are weak. 10. [Red Rock Resorts, Inc.](https://www.sectoralpha.in/us/stocks/rrr) RRR · basing · Evidence leans down · 81% evidence 44.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.3/35 · Revenue 0.9% · Profit -4.5% · Operating margin change -5.2 points · 83% evidence Capital efficiency 18.4/25 · ROCE 14.5% · Operating margin 26.7% · 76% evidence Valuation 11.6/20 · P/E 22.3× · PEG 0.85 · 65% evidence Relative strength 4.9/20 · Lead over its industry -7.1% · Lead over S&P 500 -16.2% · 1 year -11.1% · 100% evidence · 1 of 12 weeks ahead Exact sum: 9.3 + 18.4 + 11.6 + 4.9 = 44.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Bally's Corporation](https://www.sectoralpha.in/us/stocks/baly) BALY · quiet · Evidence leans down · 61% evidence 42.1 out of 100 Growth Capital Valuation Relative 12. [Vail Resorts, Inc.](https://www.sectoralpha.in/us/stocks/mtn) MTN · turning · Evidence leans down · 77% evidence 38.4 out of 100 Growth Capital Valuation Relative 13. [MGM Resorts International](https://www.sectoralpha.in/us/stocks/mgm) MGM · basing · Evidence leans down · 81% evidence 36.0 out of 100 Growth Capital Valuation Relative 14. Studio City International Holdings Limited MSC · basing · Most evidence points down · 64% evidence 29.6 out of 100 Growth Capital Valuation Relative 15. Full House Resorts, Inc. FLL · Too little evidence to rank firmly · 0% evidence 50.0 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Resorts & Casinos](https://www.sectoralpha.in/us/sectors/resorts-casinos), all 15 compared on one page. ## Which companies are close to Wynn Resorts, Limited in size? Wynn Resorts, Limited is the 2nd largest of 14 Resorts & Casinos companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Las Vegas Sands Corp. Just below it: MGM Resorts International, Caesars Entertainment, Inc., Vail Resorts, Inc., Boyd Gaming Corporation and Red Rock Resorts, Inc. ### Resorts & Casinos companies close in size 1. [Las Vegas Sands Corp.](https://www.sectoralpha.in/us/stocks/lvs) $24 billion 2. Wynn Resorts, Limited $7.9 billion 3. [MGM Resorts International](https://www.sectoralpha.in/us/stocks/mgm) $7.8 billion 4. [Caesars Entertainment, Inc.](https://www.sectoralpha.in/us/stocks/czr) $5.9 billion 5. [Vail Resorts, Inc.](https://www.sectoralpha.in/us/stocks/mtn) $5.5 billion 6. [Boyd Gaming Corporation](https://www.sectoralpha.in/us/stocks/byd) $5.4 billion 7. [Red Rock Resorts, Inc.](https://www.sectoralpha.in/us/stocks/rrr) $5.1 billion [All 14 Resorts & Casinos companies, largest first](https://www.sectoralpha.in/us/sectors/resorts-casinos#all-companies) ### Companies close in size in other industries 1. [Gildan Activewear Inc.](https://www.sectoralpha.in/us/stocks/gil) $7.6 billion · Apparel Manufacturing 2. [Celsius Holdings, Inc.](https://www.sectoralpha.in/us/stocks/celh) $7.6 billion · Beverages - Non-Alcoholic 3. Wynn Resorts, Limited $7.6 billion 4. [National Fuel Gas Company](https://www.sectoralpha.in/us/stocks/nfg) $7.6 billion · Oil & Gas Integrated 5. [Kratos Defense & Security Solutions, Inc.](https://www.sectoralpha.in/us/stocks/ktos) $7.6 billion · Aerospace & Defense ## What else do people ask about Wynn Resorts, Limited? ### What were Wynn Resorts, Limited Limited's latest quarterly results? Wynn Resorts, Limited reported revenue of $1.9 B and net profit of $140 M for the Jun 2026 quarter. Revenue rose 6.9% and profit rose 111.5% compared with a year earlier. Earnings per share were $1.32. The operating margin was 16.5%, 0.7 percentage points higher than a year earlier (as of 3 November 2026). ### What is Wynn Resorts, Limited Limited's market cap? Wynn Resorts, Limited's market capitalisation is $7.9 B at a stock price of $77.68. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Wynn Resorts, Limited Limited performing? Wynn Resorts, Limited's share price has been falling for 12 weeks. In its latest quarter, revenue rose 6.9% and profit rose 111.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 11 weeks running (as of 3 November 2026). ### Will Wynn Resorts, Limited Limited's stock price go up? This page does not forecast Wynn Resorts, Limited's stock price. What it shows instead: the stock price is $77.68, and it has been falling for 12 weeks. Its P/E of 18.6× is higher than 35% of its own last 3 years (as of 3 November 2026). ### Where is Wynn Resorts, Limited Limited in its business cycle? Wynn Resorts, Limited's FY25 operating margin was 16.0%, against a 5-year range of −10.2% to 16.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 16.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Wynn Resorts, Limited Limited story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Wynn Resorts, Limited Limited a stock worth studying right now? What the numbers show: Wynn Resorts, Limited's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - S&P 500 companies: https://www.sectoralpha.in/sp-500-stocks This is research, not advice. We’re not SEBI-registered.