Caesars Entertainment, Inc. (CZR) vs Marriott Vacations Worldwide Corporation (VAC)

Caesars Entertainment, Inc. and Marriott Vacations Worldwide Corporation are both Resorts & Casinos companies. Caesars Entertainment, Inc. is the larger, with a market value of $6.0B against $3.5B — 1.7× the size. Caesars Entertainment, Inc. grew revenue faster over the last twelve months: 2.41% against 1.67%. Caesars Entertainment, Inc. has the higher net margin (−3.99% vs −6.47%) and the higher return on invested capital (7.36% vs −1.51%). Across the 19 metrics below, Caesars Entertainment, Inc. leads on 15 and Marriott Vacations Worldwide Corporation on 4.

Valuation

Metric CZR VAC Resorts & Casinos median
P/E n/m n/m 18.52
P/S 0.52 0.69 0.54
P/B 1.70 1.74 2.13
Price to free cash flow 7.31 35.08 13.62
EV/EBITDA 5.01 n/m 9.18
EV/Sales 1.57 1.65 1.80
Earnings yield (7.70%) (9.39%) 1.69%
Free cash flow yield 13.68% 2.85% 6.51%

Profitability

Metric CZR VAC Resorts & Casinos median
Gross margin 53.21% 90.72% 50.85%
Operating margin 15.94% (3.27%) 10.41%
Net margin (3.99%) (6.47%) 1.28%
Free cash flow margin 7.25% 1.98% 4.23%
Return on equity (12.12%) (14.71%) 5.28%
Return on assets (1.45%) (3.45%) 0.57%
Return on invested capital 7.36% (1.51%) 5.61%

Growth

Metric CZR VAC Resorts & Casinos median
Revenue growth (TTM) 2.41% 1.67% 2.76%
EPS growth (last fiscal year) (87.60%) (257.58%) —
Revenue growth, 5-year CAGR 25.92% 11.76% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CZR VAC Resorts & Casinos median
Debt to equity 3.74 2.65 1.94
Current ratio 0.85 3.56 0.91
Net debt to EBITDA 2.95 (1,236.75) 3.08

Dividend

Metric CZR VAC Resorts & Casinos median
Dividend yield — 2.28% 1.27%
Payout ratio 0.00 0.32 0.00

Size

Metric CZR VAC Resorts & Casinos median
Market cap 6.02b 3.47b 2.43b

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