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

Caesars Entertainment, Inc. (CZR) Gross margin

Alert me on Gross margin

Caesars Entertainment, Inc.'s gross margin over the twelve months to 30 September 2026 was 53.0%, down 0.6 percentage points from fiscal 2025 (53.7%). Over the past ten years it has ranged from 40.1% (fiscal 2015) to 57.0% (fiscal 2023); the current reading is higher than 64% of that period. That is above the Resorts & Casinos industry median of 47.5% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 53.7% (1.67)
FY2024 55.3% (1.64)
FY2023 57.0% 3.08
FY2022 53.9% (1.45)
FY2021 55.3% 2.36
FY2020 53.0% 2.15
FY2019 50.8% 3.94
FY2018 46.9% (0.33)
FY2017 47.2% 4.53
FY2016 42.7% 2.63

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 52.4% (0.85)
Jun 2026 53.3% (0.33)
Mar 2026 53.6% 0.81
Dec 2025 52.8% (0.44)
43 more quarters

Against its own ten years

Low 40.1% High 57.0%
Ten-year median 53.0%
Current reading's percentile 56

Gross margin against peers

Company Gross margin
VAC Marriott Vacations Worldwide Corporation compare 90.9%
RRR Red Rock Resorts, Inc. compare 58.9%
CZR Caesars Entertainment, Inc. 53.0%
BYD Boyd Gaming Corporation compare 49.1%
MGM MGM Resorts International compare 43.6%
MTN Vail Resorts, Inc. compare 41.3%
HGV Hilton Grand Vacations Inc. compare 39.6%
PENN PENN Entertainment, Inc. compare 0.00%
WYNN Wynn Resorts, Limited compare 0.00%
Resorts & Casinos industry median 47.5%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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