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) Operating margin

Alert me on Operating margin

Caesars Entertainment, Inc.'s operating margin over the twelve months to 30 September 2026 was 15.4%, down 0.8 percentage points from fiscal 2025 (16.2%). Over the past ten years it has ranged from −10.6% (fiscal 2020) to 21.4% (fiscal 2023); the current reading is higher than 73% of that period. That is above the Resorts & Casinos industry median of 12.2% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 16.2% (4.31)
FY2024 20.5% (0.95)
FY2023 21.4% 5.37
FY2022 16.1% 0.81
FY2021 15.3% 25.82
FY2020 −10.6% (26.78)
FY2019 16.2% 1.14
FY2018 15.1% 8.68
FY2017 6.40% (3.45)
FY2016 9.85% (0.22)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 15.5% (1.60)
Jun 2026 17.1% (0.28)
Mar 2026 17.4% 6.07
Dec 2025 11.4% (6.53)
43 more quarters

Against its own ten years

Low −10.6% High 21.4%
Ten-year median 15.3%
Current reading's percentile 56

Operating margin against peers

Company Operating margin
RRR Red Rock Resorts, Inc. compare 22.3%
BYD Boyd Gaming Corporation compare 17.8%
CZR Caesars Entertainment, Inc. 15.4%
HGV Hilton Grand Vacations Inc. compare 15.0%
MTN Vail Resorts, Inc. compare 14.8%
WYNN Wynn Resorts, Limited compare 14.2%
MGM MGM Resorts International compare 7.04%
PENN PENN Entertainment, Inc. compare 4.65%
VAC Marriott Vacations Worldwide Corporation compare −1.35%
Resorts & Casinos industry median 12.2%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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