Caesars Entertainment, Inc. (CZR) vs PENN Entertainment, Inc. (PENN)

Caesars Entertainment, Inc. and PENN Entertainment, Inc. are both Resorts & Casinos companies. Caesars Entertainment, Inc. is the larger, with a market value of $6.0B against $2.1B — 2.9× the size. PENN Entertainment, Inc. grew revenue faster over the last twelve months: 6.14% against 2.41%. Caesars Entertainment, Inc. has the higher net margin (−3.99% vs −12.7%) and the higher return on invested capital (7.36% vs −4.38%). Across the 19 metrics below, Caesars Entertainment, Inc. leads on 13 and PENN Entertainment, Inc. on 6.

Valuation

Metric CZR PENN Resorts & Casinos median
P/E n/m n/m 17.31
P/S 0.52 0.29 0.52
P/B 1.69 1.12 2.07
Price to free cash flow 7.29 54.61 11.14
EV/EBITDA 5.01 n/m 8.85
EV/Sales 1.56 1.16 1.78
Earnings yield (7.73%) (41.02%) 1.39%
Free cash flow yield 13.73% 1.83% 7.16%

Profitability

Metric CZR PENN Resorts & Casinos median
Gross margin 53.21% 35.16% 50.85%
Operating margin 15.94% (7.89%) 10.41%
Net margin (3.99%) (12.66%) 1.28%
Free cash flow margin 7.25% 0.53% 4.23%
Return on equity (12.12%) (37.49%) 5.28%
Return on assets (1.45%) (6.19%) 0.57%
Return on invested capital 7.36% (4.38%) 5.61%

Growth

Metric CZR PENN Resorts & Casinos median
Revenue growth (TTM) 2.41% 6.14% 2.76%
EPS growth (last fiscal year) (87.60%) (184.39%) 8.54%
Revenue growth, 5-year CAGR 25.92% 14.23% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CZR PENN Resorts & Casinos median
Debt to equity 3.74 3.83 1.94
Current ratio 0.85 0.89 0.91
Net debt to EBITDA 2.95 (30.04) 3.48

Dividend

Metric CZR PENN Resorts & Casinos median
Dividend yield — — 1.94%
Payout ratio — — 0.37

Size

Metric CZR PENN Resorts & Casinos median
Market cap 6.02b 2.11b 2.40b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack