Caesars Entertainment, Inc.
Caesars Entertainment, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 867 | 887 | 836 | 982 | 884 | 866 | 802 | 830 | 726 | 1,005 | 841 | 1,122 | |||||
Restricted Cash Current | 92 | 85 | 87 | 85 | 102 | 95 | 101 | 111 | 126 | 122 | 130 | 126 | |||||
Accounts Receivable Net Current | 441 | 476 | 426 | 487 | 440 | 470 | 469 | 546 | 551 | 608 | 555 | 526 | |||||
Inventory Net | 47 | 43 | 41 | 44 | 43 | 45 | 43 | 45 | 44 | 46 | 45 | 53 | |||||
Prepaid Expense Current | 353 | 312 | 342 | 330 | 317 | 271 | 485 | 291 | 290 | 264 | 289 | 300 | |||||
Assets Current | 1,800 | 1,803 | 1,732 | 1,928 | 1,786 | 1,747 | 1,900 | 1,823 | 1,737 | 2,045 | 1,860 | 2,127 | |||||
Investments In Affiliates Subsidiaries Associates … | 126 | 133 | 114 | 111 | 109 | 131 | 131 | 157 | 157 | 157 | 91 | 91 | |||||
Property Plant And Equipment And Finance Lease Rig… | 14,233 | 14,358 | 14,496 | 14,646 | 14,666 | 14,812 | 14,895 | 14,860 | 14,803 | 14,756 | 14,700 | 14,633 | |||||
Goodwill | 10,441 | 10,441 | 10,601 | 10,601 | 10,601 | 10,601 | 10,949 | 10,949 | 10,990 | 10,990 | 11,004 | 11,004 | |||||
Intangible Assets Net Excluding Goodwill | 3,942 | 3,985 | 4,036 | 4,068 | 4,100 | 4,133 | 4,211 | 4,403 | 4,487 | 4,523 | 4,640 | 4,661 | |||||
Deferred Income Tax Assets Net | 66 | 67 | 69 | 68 | 65 | 62 | 56 | 54 | 48 | 47 | 50 | 46 | |||||
Other Assets Noncurrent | 1,056 | 852 | 852 | 1,056 | 1,071 | 1,104 | 827 | 838 | 837 | 848 | 884 | 916 | |||||
Assets | 31,664 | 31,639 | 31,900 | 32,478 | 32,398 | 32,590 | 32,969 | 33,084 | 33,059 | 33,366 | 33,229 | 33,478 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 258 | 297 | 253 | 263 | 246 | 296 | 268 | 436 | 439 | 408 | 371 | 299 | |||||
Interest Payable Current | 195 | 224 | 193 | 243 | 234 | 242 | 195 | 312 | 273 | 369 | 246 | 369 | |||||
Other Accrued Liabilities Current | 1,551 | 1,618 | 1,665 | 1,723 | 1,548 | 1,625 | 1,702 | 1,763 | 1,729 | 1,848 | 1,879 | 1,981 | |||||
Long Term Debt Current | 114 | 114 | 114 | 110 | 110 | 109 | 102 | 100 | 94 | 65 | 65 | 68 | |||||
Liabilities Current | 2,118 | 2,253 | 2,225 | 2,339 | 2,138 | 2,272 | 2,267 | 2,611 | 2,535 | 2,690 | 2,561 | 2,717 | |||||
Finance Lease Liability Noncurrent | 13,126 | 13,096 | 13,065 | 13,027 | 12,934 | 12,899 | 12,864 | 12,829 | 12,793 | 12,759 | 12,725 | 12,686 | |||||
Long Term Debt Noncurrent | 11,688 | 11,670 | 11,681 | 12,023 | 12,046 | 12,033 | 12,434 | 12,162 | 12,171 | 12,224 | 12,230 | 12,480 | |||||
Deferred Income Tax Liabilities Net | 69 | 58 | 80 | 90 | 126 | 130 | 141 | 115 | 112 | 102 | 99 | 68 | |||||
Other Liabilities Noncurrent | 1,066 | 876 | 874 | 880 | 875 | 880 | 879 | 872 | 860 | 871 | 872 | 860 | |||||
Liabilities | 28,067 | 27,953 | 27,925 | 28,359 | 28,119 | 28,214 | 28,585 | 28,589 | 28,471 | 28,646 | 28,487 | 28,811 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | - | 0 | - | - | - | 0 | - | - | - | 0 | - | - | |||||
Common Stock Value | - | 0 | - | - | - | 0 | - | - | - | 0 | - | - | |||||
Additional Paid In Capital Common Stock | - | 6,709 | - | - | - | 6,862 | - | - | - | 7,001 | - | - | |||||
Retained Earnings Accumulated Deficit | - | -3,303 | - | - | - | -2,801 | - | - | - | -2,523 | - | - | |||||
Treasury Stock Common Value | - | 0 | - | - | - | 0 | - | - | - | -23 | - | - | |||||
Accumulated Other Comprehensive Income Loss Net Of… | - | 98 | - | - | - | 96 | - | - | - | 97 | - | - | |||||
Stockholders Equity | 3,416 | 3,504 | 3,975 | 3,896 | 4,279 | 4,157 | 4,384 | 4,495 | 4,588 | 4,552 | 4,742 | 4,667 | |||||
Minority Interest | 181 | 182 | 193 | 223 | 226 | 219 | 206 | 190 | 184 | 168 | 138 | 122 | |||||
Liabilities And Stockholders Equity | 31,664 | 31,639 | 31,900 | 32,478 | 32,398 | 32,590 | 32,969 | 33,084 | 33,059 | 33,366 | 33,229 | 33,478 | |||||
Preferred Stock Par Or Stated Value Per Share | - | 0 | - | - | - | 0 | - | - | - | 0 | - | - | |||||
Preferred Stock Shares Authorized | - | 150 | - | - | - | 150 | - | - | - | 150 | - | - | |||||
Preferred Stock Shares Issued | - | 0 | - | - | - | 0 | - | - | - | 0 | - | - | |||||
Preferred Stock Shares Outstanding | - | 0 | - | - | - | 0 | - | - | - | 0 | - | - | |||||
Common Stock Par Or Stated Value Per Share | - | 0 | - | - | - | 0 | - | - | - | 0 | - | - | |||||
Common Stock Shares Authorized | - | 500 | - | - | - | 500 | - | - | - | 500 | - | - | |||||
Common Stock Shares Issued | - | 203 | - | - | - | 211 | - | - | - | 216 | - | - | |||||
Shares Outstanding | - | 203 | - | - | - | 211 | - | - | - | 216 | - | - | |||||
Treasury Stock Common Shares | - | - | - | - | - | 0 | - | - | - | 0 | - | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.25% | 6.99% | 9.34% | - | - | - | - | - | - | - | - | - |
| 2025 | -1.07% | 0.57% | 6.93% | -6.04% | -10.22% | -24.66% | -3.49% | 10.37% | 10.23% | 48.07% | 41.85% | 47.97% |
| 2024 | -6.11% | 9.32% | 2.90% | 3.77% | 12.33% | 22.44% | -16.96% | -27.52% | -24.80% | -21.54% | -26.84% | -11.96% |
| 2023 | -4.25% | 2.70% | 31.14% | -10.28% | -20.40% | -28.47% | 15.47% | 17.37% | 17.22% | -5.95% | -3.72% | -13.13% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.85 | 0.80 | 0.78 | 0.82 | 0.84 | 0.77 | 0.84 | 0.70 | 0.69 | 0.76 | 0.73 | 0.78 | |||||
| Quick Ratio | 0.66 | 0.64 | 0.61 | 0.66 | 0.67 | 0.63 | 0.61 | 0.57 | 0.55 | 0.64 | 0.60 | 0.65 | |||||
| Working Capital | -318.00M | -450.00M | -493.00M | -411.00M | -352.00M | -525.00M | -367.00M | -788.00M | -798.00M | -645.00M | -701.00M | -590.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 8.22 | 7.58 | 7.03 | 7.28 | 6.57 | 6.45 | 6.52 | 6.36 | 6.21 | 6.07 | 6.01 | 6.17 | |||||
| Interest Coverage TTM | 0.81 | 0.81 | 0.95 | 1.00 | 0.98 | 0.97 | 0.92 | 0.96 | 1.01 | 1.06 | 1.03 | 1.01 | |||||
| Debt Ratio | 0.89 | 0.88 | 0.88 | 0.87 | 0.87 | 0.87 | 0.87 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.36 | 0.36 | 0.35 | 0.35 | 0.35 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.33 | |||||
| Days Sales Outstanding TTM | 13.91 | 15.03 | 14.37 | 16.57 | 16.01 | 17.50 | 16.58 | 17.17 | 17.45 | 19.30 | 16.80 | 16.30 | |||||
| Receivables Turnover TTM | 26.25 | 24.28 | 25.41 | 22.02 | 22.80 | 20.86 | 22.01 | 21.25 | 20.91 | 18.91 | 21.72 | 22.39 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -2.06 | -2.10 | -0.97 | -0.74 | -0.87 | -0.98 | -1.58 | -1.19 | 3.61 | 3.64 | 0.72 | 0.62 | |||||
| Free Cash Flow Per Share TTM | 2.64 | 2.39 | 1.84 | 0.31 | -0.20 | -1.03 | -0.52 | 0.49 | 2.13 | 2.53 | 3.23 | 3.61 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 68.49% | 68.64% | 68.95% | 69.68% | 70.09% | 70.03% | 70.16% | 70.45% | 70.58% | 71.01% | 71.58% | 71.25% | |||||
| Operating Profit Margin TTM | 16.17% | 16.18% | 19.32% | 20.46% | 20.42% | 20.49% | 19.26% | 19.76% | 20.58% | 21.44% | 21.03% | 20.66% | |||||
| Net Profit Margin TTM | -3.63% | -3.80% | -1.76% | -1.35% | -1.63% | -1.88% | -3.01% | -2.25% | 6.82% | 6.82% | 1.35% | 1.16% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 2.35% | 2.14% | 0.87% | -0.15% | -1.25% | -2.45% | -2.20% | -0.23% | 0.71% | 6.53% | 8.81% | 9.90% | |||||
| Net Income Growth (1Y) | 128.26% | 107.11% | -41.00% | -39.84% | -123.59% | -126.84% | -318.71% | -292.48% | -313.11% | -186.37% | -116.68% | -110.96% | |||||
| EPS Growth (1Y) | 137.21% | 114.08% | -38.72% | -37.83% | -124.03% | -126.84% | -318.71% | -291.59% | -312.13% | -185.97% | -116.61% | -110.90% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -12.84 | -11.13 | -27.97 | -38.53 | -28.80 | -34.05 | -26.47 | -33.53 | 12.11 | 12.82 | 64.29 | 82.40 | |||||
| P/B TTM | 1.58 | 1.32 | 1.41 | 1.52 | 1.24 | 1.64 | 2.05 | 1.91 | 2.06 | 2.14 | 2.10 | 2.35 | |||||
| P/S TTM | 0.47 | 0.42 | 0.49 | 0.52 | 0.47 | 0.64 | 0.80 | 0.75 | 0.83 | 0.87 | 0.86 | 0.96 | |||||
| Market Cap | 5.39B | 4.87B | 5.59B | 5.93B | 5.30B | 7.19B | 8.97B | 8.58B | 9.45B | 10.08B | 9.97B | 10.96B | |||||
| Enterprise Value | 16.33B | 15.76B | 16.55B | 17.08B | 16.57B | 18.46B | 20.71B | 20.02B | 20.99B | 21.36B | 21.42B | 22.38B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 538.00M | 497.00M | 380.00M | 65.00M | -42.00M | -221.00M | -112.00M | 106.00M | 459.00M | 545.00M | 695.00M | 776.00M | |||||
| Net Debt | 10.94B | 10.90B | 10.96B | 11.15B | 11.27B | 11.28B | 11.73B | 11.43B | 11.54B | 11.28B | 11.45B | 11.43B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Caesars Entertainment, Inc. (CZR) — SEC Financial Statements & Analysis
Caesars Entertainment, Inc. (CZR) is a hotels & motels company, incorporated in DE. Caesars Entertainment, Inc. trades on CZR: Nasdaq as: CZR. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Caesars Entertainment, Inc. reported a 2.35% year-over-year revenue growth, a Gross Profit Margin of 68.49% (TTM), a Debt-to-Equity ratio of 8.22x, a Price-to-Sales (P/S) ratio of 0.47x (TTM), a Price-to-Book (P/B) ratio of 1.58 (TTM), at a market cap of $5.39B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 2.35%
- Gross Profit Margin TTM
- 68.49%
- Debt To Equity
- 8.22x
- P/S TTM
- 0.47x
- P/B TTM
- 1.58
- Market Cap
- $5.39B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Caesars Entertainment, Inc. in?
Caesars Entertainment, Inc. (CZR) operates in the Hotels & Motels industry.
What is CZR's market cap?
Caesars Entertainment, Inc. (CZR) has a market capitalization of $5.39B as of 2026-03-31.
What exchange does CZR trade on?
Caesars Entertainment, Inc. (CZR) trades on the CZR: Nasdaq.
Where is Caesars Entertainment, Inc. incorporated?
Caesars Entertainment, Inc. is incorporated in DE.