Corporate Information We were incorporated in Minnesota in 1998 under the name of GCI Lakes, Inc., which name was subsequently changed to Lakes Gaming, Inc. in August 1998, to Lakes Entertainment, Inc. in June 2002 and to Golden Entertainment, Inc. in July 2015. Our shares began trading publicly in January 1999. The mailing address of our headquarters is 6595 S. Jones Boulevard, Las Vegas, Nevada 89118, and our telephone number at that location is (702) 893-7777. We own and operate a diversified entertainment platform, consisting of a portfolio of gaming assets that focus on casino and branded tavern operations. Our portfolio includes eight casino properties located in Nevada and 72 branded taverns targeting local patrons located primarily in the greater Las Vegas, Nevada metropolitan area. Sale Transaction On November 6, 2025, we entered into a definitive agreement to sell our operating assets to Blake L.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 635M | 635M | 667M | 1.1B | 1.1B | 1.1B |
| Net Income | -6.0M | -6.0M | 51M | 256M | 82M | 162M |
| EPS | $-0.23 | $-0.23 | $1.71 | $8.31 | $2.61 | $5.04 |
| Free Cash Flow | 36M | 36M | 42M | 33M | 99M | 267M |
| ROIC | 1.9% | 2.5% | 8.0% | 27.3% | 12.3% | 13.2% |
| Gross Margin | 52.3% | 52.3% | 64.4% | 71.0% | 43.5% | 74.2% |
| Debt/Equity | 1.23 | 1.23 | 1.06 | 1.41 | 3.02 | 3.78 |
| Dividends/Share | $1.00 | $1.00 | $0.72 | $2.00 | $0.00 | $0.00 |
| Operating Income | 22M | 22M | 112M | 399M | 148M | 166M |
| Operating Margin | 3.4% | 3.4% | 16.8% | 37.9% | 13.2% | 15.1% |
| ROE | -1.4% | -1.4% | 10.0% | 57.4% | 24.5% | 67.3% |
| Shares Outstanding | 26M | 26M | 30M | 31M | 32M | 32M |
GOLDEN ENTERTAINMENT, INC. passes 5 of 9 quality checks, suggesting mixed fundamentals.
On a free-cash-flow basis, the stock trades at 20.7x vs a median of 20.6x. The company's 5-year average ROIC is 12.7% with a gross margin of 61.1%. Total shareholder yield (dividends + buybacks) is 6.6%. At current prices, the estimated annualized return to fair value is +23.8%.
GOLDEN ENTERTAINMENT, INC. (GDEN) has a 5-year average return on invested capital (ROIC) of 12.7%. This indicates solid capital allocation.
GOLDEN ENTERTAINMENT, INC. (GDEN) has a market capitalization of $740M. It is classified as a small-cap stock.
Yes, GOLDEN ENTERTAINMENT, INC. (GDEN) pays a dividend with a trailing twelve-month yield of 3.56%. The company also returns capital through share buybacks, with a buyback yield of 3.01%.
GOLDEN ENTERTAINMENT, INC. (GDEN) operates in the Services-Miscellaneous Amusement & Recreation industry, within the Consumer Cyclical sector.
GOLDEN ENTERTAINMENT, INC. (GDEN) reported annual revenue of $635 million in its most recent fiscal year, based on SEC EDGAR filings.
GOLDEN ENTERTAINMENT, INC. (GDEN) has a net profit margin of -1.0%. The company is currently unprofitable.
GOLDEN ENTERTAINMENT, INC. (GDEN) generated $36 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
GOLDEN ENTERTAINMENT, INC. (GDEN) has a debt-to-equity ratio of 1.23. This indicates moderate leverage.
GOLDEN ENTERTAINMENT, INC. (GDEN) reported earnings per share (EPS) of $-0.23 in its most recent fiscal year.
GOLDEN ENTERTAINMENT, INC. (GDEN) has a return on equity (ROE) of -1.4%. A negative ROE may indicate losses or negative equity.
GOLDEN ENTERTAINMENT, INC. (GDEN) has a 5-year average gross margin of 61.1%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 15 years of financial data for GOLDEN ENTERTAINMENT, INC. (GDEN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
GOLDEN ENTERTAINMENT, INC. (GDEN) has a book value per share of $16.02, based on its most recent annual SEC filing.