FLLNasdaqHotels & MotelsFiscal year ends December 31
FULL HOUSE RESORTS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$0.99−0.10 (-9.61%)
Close on Oct 19, 2026
- Market cap
- $35.92M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
93.3%
Operating margin
1.0%−7.3 pts over 5 years
Net margin
-13.3%−13.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.5% | +22.8% | +19.2% | +9.3% | |
| Gross profit | +4.7% | – | – | – | |
| Operating income | +13.6% | -37.3% | -21.5% | -4.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -9.0% | 0.3% | -186.8% | |
| Return on assets | -3.2% | 0.1% | -6.1% | |
| Current ratio | 1.82 | 1.92 | 0.72 | |
| Debt to equity | 1.70 | 1.89 | 186.62 | |
| Net debt to EBITDA | 4.88× | 3.83× | 9.47× | |
| Interest coverage | 0.7× | 1.1× | 0.1× | |
| Inventory turnover | – | – | 9.9× | |
| Capex to revenue | 2.4% | 2.1% | 4.2% | |
| Diluted shares | 20M | 28M | 36M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Full House Resorts generated $80.04M from operations and spent $421.75M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$80.04M
Used
$421.75M
Capital expenditure$421.75M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-13.3%
×Asset turnover0.46×
×Equity multiplier30.75×
=Return on equity, FY2025-186.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -13.3% | 0.46× | 30.75× | -186.8% |
| FY2024 | -13.9% | 0.43× | 11.51× | -68.7% |
| FY2023 | -10.3% | 0.38× | 7.23× | -28.0% |
| FY2022 | -9.1% | 0.31× | 5.03× | -13.9% |
| FY2021 | 6.5% | 0.52× | 4.05× | 13.8% |
| FY2020 | 0.1% | 0.59× | 3.76× | 0.3% |
| FY2019 | -3.5% | 0.84× | 3.35× | -9.9% |
| FY2018 | -2.7% | 0.92× | 3.09× | -7.6% |
| FY2017 | -3.1% | 0.92× | 3.18× | -9.1% |
| FY2016 | -3.5% | 0.92× | 2.82× | -9.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$40.20M
- Cash generatingOperating cash flow above zero$9.97M
- Return on assets improvedROA up on the prior year-5.9% → -6.0%
- Earnings backed by cashOperating cash flow above net income$9.97M vs -$40.20M
- Less leverageLong-term debt to assets fell69.5% → 72.9%
- Better liquidityCurrent ratio rose0.79 → 0.72
- No dilutionShare count did not rise35M → 36M
- Gross margin improvedGross margin up on the prior year92.23% → 93.32%
- More efficientAsset turnover rose0.42 → 0.45