Pricing Log in Create free account
Friday 6 November 2026 Export CZR’s income statement to Excel — free account

Caesars Entertainment, Inc.

CZR Consumer Cyclical Resorts & Casinos

Caesars Entertainment, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.5 billion, up 2.14% from fiscal 2024.

Revenue
+2.47%
EPS
−94.3%
Free cash flow
−71.7%
Total debt
−0.46%

Quarter to September 2026, against a year earlier

29.11 0.25 −0.85%
Market cap
$6.0B
P/E
0.0×
Fwd P/E
−19.1×
Dividend yield
—
F-score
6/9
Altman Z
0.50
Beneish M
−2.71
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Caesars Entertainment, Inc. (CZR) Debt to equity

Alert me on Debt to equity

Caesars Entertainment, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 7.2×, up 4.0× from fiscal 2025 (3.2×). Over the past ten years it has ranged from 2.3× (fiscal 2019) to 4.1× (fiscal 2018); the current reading is higher than 73% of that period. That is above the Resorts & Casinos industry median of 0.1× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 3.2× 15.22%
FY2024 2.8× 6.57%
FY2023 2.6× (23.50%)
FY2022 3.4× 12.06%
FY2021 3.0× 8.13%
FY2020 2.8× 22.04%
FY2019 2.3× (43.89%)
FY2018 4.1× 76.35%
FY2017 2.3× (13.27%)
FY2016 2.7× (16.20%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 7.2× 92.20%
Jun 2026 3.7× 13.87%
Mar 2026 3.3× (51.39%)
Dec 2025 6.7× 7.93%
43 more quarters

Against its own ten years

Low 2.3× High 4.1×
Ten-year median 2.8×
Current reading's percentile 73

Debt to equity against peers

Company Debt to equity
WYNN Wynn Resorts, Limited compare −10.9×
PENN PENN Entertainment, Inc. compare 0.0×
RRR Red Rock Resorts, Inc. compare 0.1×
BYD Boyd Gaming Corporation compare 1.1×
MGM MGM Resorts International compare 1.7×
VAC Marriott Vacations Worldwide Corporation compare 2.5×
HGV Hilton Grand Vacations Inc. compare 5.3×
MTN Vail Resorts, Inc. compare 5.7×
CZR Caesars Entertainment, Inc. 7.2×
Resorts & Casinos industry median 0.1×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on CZR