Caesars Entertainment (CZR)

Nasdaq Consumer Discretionary Casinos & Gaming S&P SmallCap 600

$29.23

+0.05 (+0.17%)

Close of Nov 06, 2026 · end-of-day data

Source: Caesars Entertainment's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$900.47M	$1.48B	$2.06B	$2.53B	$3.63B	$9.57B	$10.82B	$11.53B	$11.24B	$11.49B
Operating income	$88.70M	$94.81M	$310.00M	$410.00M	-$383.00M	$1.46B	$1.74B	$2.47B	$2.30B	$1.86B
Interest expense	$50.92M	$99.77M	$172.00M	$286.00M	$1.21B	$2.32B	$2.30B	$2.39B	$2.44B	$2.33B
Pre-tax income	$37.63M	-$43.39M	$135.00M	$125.00M	-$1.61B	-$1.27B	-$565.00M	-$60.00M	-$124.00M	-$448.00M
Income tax	$13.10M	-$116.77M	$40.00M	$44.00M	$132.00M	-$283.00M	-$41.00M	-$888.00M	$87.00M	-$11.00M
Net income	$24.53M	$73.38M	$95.00M	$81.00M	-$1.76B	-$1.02B	-$899.00M	$786.00M	-$278.00M	-$502.00M
EBITDA	$152.15M	$200.70M	$467.00M	$632.00M	$200.00M	$2.59B	$2.94B	$3.73B	$3.63B	$3.27B
EPS (basic)	$0.52	$1.09	$1.23	$1.04	$-13.50	$-4.83	$-4.19	$3.65	$-1.29	$-2.42
EPS (diluted)	$0.51	$1.08	$1.22	$1.03	$-13.50	$-4.83	$-4.19	$3.64	$-1.29	$-2.42
Diluted shares	47.70M	68.10M	78.00M	79.00M	130.00M	211.00M	214.00M	216.00M	215.00M	208.00M
Operating margin	9.9%	6.4%	15.1%	16.2%	-10.6%	15.3%	16.1%	21.4%	20.5%	16.2%
Net margin	2.7%	5.0%	4.6%	3.2%	-48.4%	-10.6%	-8.3%	6.8%	-2.5%	-4.4%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$61.03M	$134.60M	$231.00M	$206.00M	$1.78B	$1.07B	$1.04B	$1.00B	$866.00M	$887.00M
Short-term investments	—	$17.63M	$16.96M	$34.63M	—	—	—	—	—	—
Receivables	$14.69M	$45.80M	$60.17M	$54.00M	$342.00M	$472.00M	$611.00M	$608.00M	$470.00M	$476.00M
Inventory	$11.05M	$16.87M	$20.59M	$18.00M	$44.00M	$42.00M	$59.00M	$46.00M	$45.00M	$43.00M
Total current assets	$101.75M	$251.03M	$573.20M	$605.00M	$6.06B	$5.96B	$2.10B	$2.04B	$1.75B	$1.80B
Goodwill	$66.83M	$747.11M	$1.01B	$910.00M	$9.86B	$11.08B	$11.00B	$10.99B	$10.60B	$10.44B
Total assets	$1.29B	$3.55B	$5.91B	$5.64B	$36.38B	$38.03B	$33.53B	$33.37B	$32.59B	$31.64B
Total current liabilities	$105.90M	$223.75M	$402.18M	$688.00M	$2.51B	$5.30B	$2.67B	$2.69B	$2.27B	$2.25B
Short-term debt	$4.54M	$615.00K	$462.00K	$246.00M	$67.00M	$70.00M	$108.00M	$65.00M	$109.00M	$114.00M
Long-term debt	$795.88M	$2.19B	$3.26B	$2.33B	$14.07B	$13.72B	$12.66B	$12.22B	$12.03B	$11.67B
Total debt	$800.43M	$2.19B	$3.26B	$2.57B	$14.14B	$13.79B	$12.77B	$12.29B	$12.14B	$11.78B
Total liabilities	$998.08M	$2.60B	$4.88B	$4.52B	$31.35B	$33.49B	$29.78B	$28.65B	$28.21B	$27.95B
Shareholders' equity	$295.97M	$941.60M	$1.03B	$1.12B	$5.02B	$4.48B	$3.71B	$4.55B	$4.16B	$3.50B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$95.37M	$129.89M	$323.28M	$312.53M	-$561.00M	$1.20B	$993.00M	$1.81B	$1.07B	$1.30B
Capital expenditures	$43.17M	$83.16M	$147.00M	$171.00M	$164.00M	$520.00M	$952.00M	$1.26B	$1.30B	$805.00M
Free cash flow	$52.20M	$46.73M	$176.28M	$141.53M	-$725.00M	$679.00M	$41.00M	$545.00M	-$221.00M	$497.00M
Investing cash flow	-$41.81M	-$1.40B	-$1.27B	$369.54M	-$6.10B	-$1.45B	-$768.00M	-$1.26B	-$704.00M	-$571.00M
Financing cash flow	-$73.67M	$1.35B	$1.04B	-$712.00M	$10.64B	-$1.14B	-$1.28B	-$713.00M	-$498.00M	-$763.00M
Share buybacks	—	—	$9.00M	$0	$0	—	$0	$0	$191.00M	$229.00M
Stock-based compensation	$3.34M	$6.32M	$13.00M	$20.00M	$79.00M	$82.00M	$101.00M	$104.00M	$94.00M	$95.00M
Depreciation & amortization	$63.45M	$105.89M	$157.00M	$222.00M	$583.00M	$1.13B	$1.21B	$1.26B	$1.32B	$1.42B

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$2.83B	$2.74B	$2.83B	$2.87B	$2.80B	$2.79B	$2.91B	$2.87B	$2.92B	$2.87B	$2.99B	$2.94B
Operating income	$536.00M	$485.00M	$506.00M	$644.00M	$669.00M	$488.00M	$526.00M	$513.00M	$331.00M	$500.00M	$513.00M	$457.00M
Interest expense	$596.00M	$607.00M	$614.00M	$616.00M	—	$582.00M	$587.00M	$582.00M	—	$572.00M	$577.00M	$573.00M
Pre-tax income	-$40.00M	-$127.00M	-$92.00M	—	—	—	—	—	—	—	—	—
Income tax	$16.00M	$15.00M	$10.00M	$43.00M	$19.00M	$11.00M	$13.00M	-$25.00M	-$10.00M	$12.00M	-$12.00M	-$10.00M
Net income	-$72.00M	-$158.00M	-$122.00M	-$9.00M	$11.00M	-$115.00M	-$82.00M	-$55.00M	-$250.00M	-$98.00M	-$62.00M	-$123.00M
EBITDA	$854.00M	$812.00M	$832.00M	$970.00M	$1.01B	$845.00M	$890.00M	$865.00M	$675.00M	$847.00M	$868.00M	$823.00M
EPS (basic)	$-0.34	$-0.73	$-0.56	$-0.04	$0.05	$-0.54	$-0.39	$-0.27	$-1.22	$-0.48	$-0.30	$-0.61
EPS (diluted)	$-0.33	$-0.73	$-0.56	$-0.04	$0.05	$-0.54	$-0.39	$-0.27	$-1.22	$-0.48	$-0.30	$-0.61
Diluted shares	0	216.00M	216.00M	215.00M	-1.00M	212.00M	209.00M	207.00M	-1.00M	204.00M	204.00M	204.00M
Operating margin	19.0%	17.7%	17.9%	22.4%	23.9%	17.5%	18.1%	17.9%	11.4%	17.4%	17.1%	15.5%
Net margin	-2.5%	-5.8%	-4.3%	-0.3%	0.4%	-4.1%	-2.8%	-1.9%	-8.6%	-3.4%	-2.1%	-4.2%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$1.00B	$726.00M	$830.00M	$802.00M	$866.00M	$884.00M	$982.00M	$836.00M	$887.00M	$867.00M	$965.00M	$864.00M
Receivables	$608.00M	$551.00M	$546.00M	$469.00M	$470.00M	$440.00M	$487.00M	$426.00M	$476.00M	$441.00M	$485.00M	$459.00M
Inventory	$46.00M	$44.00M	$45.00M	$43.00M	$45.00M	$43.00M	$44.00M	$41.00M	$43.00M	$47.00M	$49.00M	$48.00M
Total current assets	$2.04B	$1.74B	$1.82B	$1.90B	$1.75B	$1.79B	$1.93B	$1.73B	$1.80B	$1.80B	$1.98B	$1.80B
Goodwill	$10.99B	$10.99B	$10.95B	$10.95B	$10.60B	$10.60B	$10.60B	$10.60B	$10.44B	$10.44B	$10.44B	$10.44B
Total assets	$33.37B	$33.06B	$33.08B	$32.97B	$32.59B	$32.40B	$32.48B	$31.90B	$31.64B	$31.66B	$31.74B	$31.37B
Total current liabilities	$2.69B	$2.54B	$2.61B	$2.27B	$2.27B	$2.14B	$2.34B	$2.23B	$2.25B	$2.12B	$2.32B	$2.19B
Short-term debt	$65.00M	$94.00M	$100.00M	$102.00M	$109.00M	$110.00M	$110.00M	$114.00M	$114.00M	$114.00M	$114.00M	$114.00M
Long-term debt	$12.22B	$12.17B	$12.16B	$12.43B	$12.03B	$12.05B	$12.02B	$11.68B	$11.67B	$11.69B	$11.59B	$11.44B
Total debt	$12.29B	$12.27B	$12.26B	$12.54B	$12.14B	$12.16B	$12.13B	$11.79B	$11.78B	$11.80B	$11.70B	$11.56B
Total liabilities	$28.65B	$28.47B	$28.59B	$28.59B	$28.21B	$28.12B	$28.36B	$27.93B	$27.95B	$28.07B	$28.19B	$27.93B
Shareholders' equity	$4.55B	$4.40B	$4.30B	$4.18B	$4.16B	$4.05B	$3.90B	$3.78B	$3.50B	$3.42B	$3.38B	$3.28B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$508.00M	$80.00M	$454.00M	$232.00M	$309.00M	$218.00M	$462.00M	$318.00M	$304.00M	$204.00M	$471.00M	$267.00M
Capital expenditures	$369.00M	$264.00M	$329.00M	$424.00M	$279.00M	$223.00M	$230.00M	$195.00M	$157.00M	$168.00M	$167.00M	$172.00M
Free cash flow	$139.00M	-$184.00M	$125.00M	-$192.00M	$30.00M	-$5.00M	$232.00M	$123.00M	$147.00M	$36.00M	$304.00M	$95.00M
Investing cash flow	-$375.00M	-$264.00M	-$328.00M	-$387.00M	$275.00M	-$206.00M	-$228.00M	$18.00M	-$155.00M	-$189.00M	-$222.00M	-$185.00M
Financing cash flow	-$5.00M	-$94.00M	-$32.00M	$122.00M	-$494.00M	-$19.00M	-$157.00M	-$483.00M	-$104.00M	-$25.00M	-$146.00M	-$182.00M
Share buybacks	$0	—	—	$141.00M	$50.00M	—	—	$79.00M	$50.00M	—	—	$0
Stock-based compensation	$22.00M	$25.00M	$24.00M	$24.00M	$21.00M	$26.00M	$24.00M	$22.00M	$23.00M	$24.00M	$23.00M	$23.00M
Depreciation & amortization	$318.00M	$327.00M	$326.00M	$326.00M	$345.00M	$357.00M	$364.00M	$352.00M	$344.00M	$347.00M	$355.00M	$366.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.