CZR

+ Watchlist + Portfolio

Caesars Entertainment, Inc.

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $29.59
52-Week Range: $17.86 – $30.88
Market Cap: $6.04B
P/E (TTM): —
EPS (TTM): -2.27
Dividend Yield: —

Advanced Metrics

Price/Book: 1.79
PEG Ratio: 4.51
Return on Equity: -10.38%
Return on Assets: 4.01%
Gross Margin: 49.69%
Operating Margin: 17.67%
Profit Margin: -3.99%
Current Ratio: 0.85
Debt/Equity: 7.30
Total Debt: $25.92B
Free Cash Flow: $762.50M
Revenue Growth: 3.00%
Earnings Growth: —
Enterprise Value: $31.18B

CZR Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$10.82B	$11.53B	$11.24B	$11.49B
Cost of Revenue	$5.40B	$5.39B	$5.42B	$5.74B
Gross Profit	$5.42B	$6.13B	$5.83B	$5.74B
Selling, General & Admin	$2.07B	$2.01B	$1.92B	$1.93B
Operating Expenses	$3.56B	$3.58B	$3.55B	$3.67B
Operating Income	$1.86B	$2.55B	$2.27B	$2.08B
EBITDA	$2.92B	$3.56B	$3.58B	$3.29B
Pretax Income	-$565.00M	-$60.00M	-$124.00M	-$448.00M
Income Tax	-$41.00M	-$888.00M	$87.00M	—
Net Income	-$899.00M	$786.00M	-$278.00M	-$502.00M
Diluted EPS	-4.19	3.64	-1.29	-2.42
Diluted Shares	214.00M	216.00M	215.00M	208.00M

CZR Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$1.04B	$1.00B	$866.00M	$887.00M
Receivables	$611.00M	$608.00M	$470.00M	$476.00M
Inventory	$59.00M	$46.00M	$45.00M	$43.00M
Current Assets	$2.10B	$2.04B	$1.75B	$1.80B
Total Assets	$33.53B	$33.37B	$32.59B	$31.64B
Current Liabilities	$2.67B	$2.69B	$2.27B	$2.25B
Long-Term Debt	$12.66B	$12.22B	$12.03B	$11.67B
Total Debt	$25.43B	$25.07B	$25.06B	$24.90B
Total Liabilities	$29.78B	$28.65B	$28.21B	$27.95B
Retained Earnings	-$3.31B	-$2.52B	-$2.80B	-$3.30B
Shareholders' Equity	$3.71B	$4.55B	$4.16B	$3.50B
Working Capital	-$566.00M	-$645.00M	-$525.00M	-$450.00M
Net Debt	$11.73B	$11.28B	$11.28B	$10.90B

CZR Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$975.00M	$1.81B	$1.07B	$1.30B
Capital Expenditure	-$963.00M	-$1.29B	-$1.31B	-$809.00M
Free Cash Flow	$12.00M	$515.00M	-$236.00M	$493.00M
Depreciation & Amortisation	$1.21B	$1.26B	$1.32B	$1.42B
Stock-Based Compensation	$101.00M	$104.00M	$94.00M	$95.00M
Investing Cash Flow	-$382.00M	-$1.26B	-$704.00M	-$571.00M
Financing Cash Flow	-$1.28B	-$713.00M	-$498.00M	-$763.00M
Share Repurchases	$0.00	$0.00	-$191.00M	-$229.00M
Net Change in Cash	-$689.00M	-$160.00M	-$127.00M	-$32.00M

CZR Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$2.91B	$2.87B	$2.92B	$2.87B	$2.99B
Cost of Revenue	$1.42B	$1.46B	$1.48B	$1.43B	$1.49B
Gross Profit	$1.49B	$1.41B	$1.43B	$1.44B	$1.50B
Selling, General & Admin	$477.00M	$483.00M	$483.00M	$504.00M	$521.00M
Operating Expenses	$925.00M	$910.00M	$908.00M	$939.00M	$970.00M
Operating Income	$560.00M	$503.00M	$525.00M	$504.00M	$529.00M
EBITDA	$898.00M	$869.00M	$676.00M	$847.00M	$878.00M
Pretax Income	-$52.00M	-$64.00M	-$245.00M	-$71.00M	-$53.00M
Income Tax	$13.00M	-$25.00M	-$10.00M	$12.00M	-$12.00M
Net Income	-$82.00M	-$55.00M	-$250.00M	-$98.00M	-$62.00M
Diluted EPS	-0.39	-0.27	-1.23	-0.48	-0.30
Diluted Shares	209.00M	207.00M	203.00M	204.00M	204.00M

CZR Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$982.00M	$836.00M	$887.00M	$867.00M	$965.00M
Receivables	$487.00M	$426.00M	$476.00M	$441.00M	$485.00M
Inventory	$44.00M	$41.00M	$43.00M	$47.00M	$49.00M
Current Assets	$1.93B	$1.73B	$1.80B	$1.80B	$1.98B
Total Assets	$32.48B	$31.90B	$31.64B	$31.66B	$31.74B
Current Liabilities	$2.34B	$2.23B	$2.25B	$2.12B	$2.32B
Long-Term Debt	$12.02B	$11.68B	$11.67B	$11.69B	$11.59B
Total Debt	$25.16B	$24.86B	$24.90B	$24.93B	$24.86B
Total Liabilities	$28.36B	$27.93B	$27.95B	$28.07B	$28.19B
Retained Earnings	-$3.00B	-$3.05B	-$3.30B	-$3.40B	-$3.46B
Shareholders' Equity	$3.90B	$3.78B	$3.50B	$3.42B	$3.38B
Working Capital	-$411.00M	-$493.00M	-$450.00M	-$318.00M	-$345.00M
Net Debt	$11.15B	$10.96B	$10.90B	$10.94B	$10.73B

CZR Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$462.00M	$318.00M	$304.00M	$204.00M	$471.00M
Capital Expenditure	-$230.00M	-$196.00M	-$160.00M	-$210.00M	-$125.00M
Free Cash Flow	$232.00M	$122.00M	$144.00M	-$6.00M	$346.00M
Depreciation & Amortisation	$364.00M	$352.00M	$344.00M	$347.00M	$355.00M
Stock-Based Compensation	$24.00M	$22.00M	$23.00M	$24.00M	$23.00M
Investing Cash Flow	-$228.00M	$18.00M	-$155.00M	-$189.00M	-$222.00M
Financing Cash Flow	-$157.00M	-$483.00M	-$104.00M	-$25.00M	-$146.00M
Share Repurchases	—	-$79.00M	-$50.00M	—	—
Net Change in Cash	$77.00M	-$147.00M	$45.00M	-$10.00M	$103.00M

Market Snapshot

About

Caesars Entertainment, Inc. is one of the largest casino and entertainment companies in the United States. The company operates a portfolio of over 50 casino properties across multiple states, along with the Caesars Rewards loyalty program serving millions of customers. Caesars' offerings include casino gaming, hotel accommodations, dining, entertainment venues, convention facilities, and online sports betting and iGaming through its digital platforms. The company was formed through the merger of Caesars Entertainment Corporation and Eldorado Resorts in 2020.