Caesars Entertainment, Inc. (CZR) vs Wynn Resorts, Limited (WYNN)

Caesars Entertainment, Inc. and Wynn Resorts, Limited are both Resorts & Casinos companies. Wynn Resorts, Limited is the larger, with a market value of $8.4B against $6.0B — 1.4× the size. Caesars Entertainment, Inc. has negative trailing earnings, so its P/E is not meaningful; Wynn Resorts, Limited trades at 18.6×. Wynn Resorts, Limited grew revenue faster over the last twelve months: 6.36% against 2.41%. Wynn Resorts, Limited has the higher net margin (6.06% vs −3.99%) and the higher return on invested capital (9.44% vs 7.36%). Across the 19 metrics below, Wynn Resorts, Limited leads on 10 and Caesars Entertainment, Inc. on 9.

Valuation

Metric CZR WYNN Resorts & Casinos median
P/E n/m 18.56 18.52
P/S 0.52 1.12 0.54
P/B 1.70 n/m 2.13
Price to free cash flow 7.31 10.38 13.62
EV/EBITDA 5.01 9.18 9.18
EV/Sales 1.57 2.29 1.80
Earnings yield (7.70%) 5.39% 1.69%
Free cash flow yield 13.68% 9.63% 6.51%

Profitability

Metric CZR WYNN Resorts & Casinos median
Gross margin 53.21% 40.70% 50.85%
Operating margin 15.94% 15.72% 10.41%
Net margin (3.99%) 6.06% 1.28%
Free cash flow margin 7.25% 10.81% 4.23%
Return on equity (12.12%) (42.45%) 5.28%
Return on assets (1.45%) 3.47% 0.57%
Return on invested capital 7.36% 9.44% 5.61%

Growth

Metric CZR WYNN Resorts & Casinos median
Revenue growth (TTM) 2.41% 6.36% 2.76%
EPS growth (last fiscal year) (87.60%) (27.82%) —
Revenue growth, 5-year CAGR 25.92% 27.77% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CZR WYNN Resorts & Casinos median
Debt to equity 3.74 (11.83) 1.94
Current ratio 0.85 0.91 0.91
Net debt to EBITDA 2.95 4.77 3.08

Dividend

Metric CZR WYNN Resorts & Casinos median
Dividend yield — 0.91% 1.27%
Payout ratio 0.00 0.00 0.00

Size

Metric CZR WYNN Resorts & Casinos median
Market cap 6.02b 8.35b 2.43b

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