We are a geographically diversified gaming and hospitality company that was founded in 1973 by the Carano family with the opening of the Eldorado Hotel Casino in Reno, Nevada. Beginning in 2005, we grew through a series of acquisitions, including the acquisition of MTR Gaming Group, Inc. in 2014, Isle of Capri Casinos, Inc. in 2017, Tropicana Entertainment, Inc. in 2018, Caesars Entertainment Corporation in 2020, and William Hill PLC in 2021. Our ticker symbol on the NASDAQ Stock Market is “CZR.” Our primary source of revenue is generated by our gaming operations, which includes our casino properties, retail and online sports betting and online gaming. Additionally, we utilize our hotels, restaurants, bars, entertainment, racing, retail shops and other services to attract customers to our properties. As of December 31, 2025, we own, lease or manage an aggregate of 52 domestic properties in 18 states.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 11.5B | 11.5B | 11.2B | 11.5B | 10.8B | 9.6B |
| Net Income | -502M | -502M | -278M | 786M | -899M | -1.0B |
| EPS | $-2.42 | $-2.42 | $-1.29 | $3.64 | $-4.19 | $-4.83 |
| Free Cash Flow | 497M | 497M | -221M | 545M | 41M | 679M |
| ROIC | 9.7% | 12.2% | 14.4% | 15.4% | 10.4% | 8.3% |
| Gross Margin | 65.6% | 65.6% | 71.0% | 70.6% | 67.6% | 69.9% |
| Debt/Equity | 3.57 | 3.57 | 3.10 | 2.86 | 3.64 | 3.25 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 1.9B | 1.9B | 2.3B | 2.5B | 1.7B | 1.5B |
| Operating Margin | 16.2% | 16.2% | 20.5% | 21.4% | 16.1% | 15.3% |
| ROE | -14.3% | -13.1% | -6.4% | 19.0% | -21.9% | -21.5% |
| Shares Outstanding | 207M | 207M | 216M | 216M | 215M | 211M |
Caesars Entertainment, Inc. passes 4 of 9 quality checks, suggesting mixed fundamentals.
On a free-cash-flow basis, the stock trades at 11.0x vs a median of 30.5x. The company's 5-year average ROIC is 12.1% with a gross margin of 68.9%. Total shareholder yield (buybacks) is 4.1%. At current prices, the estimated annualized return to fair value is +2.0%.
Caesars Entertainment, Inc. (CZR) has a 5-year average return on invested capital (ROIC) of 12.1%. This indicates solid capital allocation.
Caesars Entertainment, Inc. (CZR) has a market capitalization of $5.5B. It is classified as a mid-cap stock.
Caesars Entertainment, Inc. (CZR) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 4.13%.
Caesars Entertainment, Inc. (CZR) operates in the Hotels & Motels industry, within the Consumer Cyclical sector.
Caesars Entertainment, Inc. (CZR) reported annual revenue of $11.5 billion in its most recent fiscal year, based on SEC EDGAR filings.
Caesars Entertainment, Inc. (CZR) has a net profit margin of -4.4%. The company is currently unprofitable.
Caesars Entertainment, Inc. (CZR) generated $497 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Caesars Entertainment, Inc. (CZR) has a debt-to-equity ratio of 3.57. This indicates higher leverage, which may increase financial risk.
Caesars Entertainment, Inc. (CZR) reported earnings per share (EPS) of $-2.42 in its most recent fiscal year.
Caesars Entertainment, Inc. (CZR) has a return on equity (ROE) of -13.1%. A negative ROE may indicate losses or negative equity.
Caesars Entertainment, Inc. (CZR) has a 5-year average gross margin of 68.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 14 years of financial data for Caesars Entertainment, Inc. (CZR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Caesars Entertainment, Inc. (CZR) has a book value per share of $16.89, based on its most recent annual SEC filing.