Caesars Entertainment, Inc. - Understand $czr stock

$CZR Market Cap: $8.207 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$11.27B

TTM

Gross Margin

49.36%

TTM

Net Earnings

-$361.0M

TTM

Current Assets

$1.900B

Q3 2024

Current Liabilities

$2.267B

Q3 2024

Current Ratio

83.81%

Q3 2024

Total Assets

$32.97B

Q3 2024

Total Liabilities

$28.59B

Q3 2024

Book Value

$4.384B

Q3 2024

Cash

$802.0M

Q3 2024

P/E

-22.73

Nov 29, 2024 EST

Free Cash Flow

-$127.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$11.53B	$10.82B	$9.570B	$3.628B	$2.528B	$2.056B	$1.474B	$892.9M	$719.8M	$361.8M	$247.2M	$254.7M	$256.1M
YoY Change	6.53%	13.07%	163.78%	43.51%	22.96%	39.53%	65.03%	24.05%	98.93%	46.37%	-2.94%	-0.55%	0.47%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$11.53B	$10.82B	$9.570B	$3.628B	$2.528B	$2.056B	$1.474B	$892.9M	$719.8M	$361.8M	$247.2M	$254.7M	$256.1M
Cost Of Revenue	$5.701B	$5.687B	$4.956B	$1.963B	$1.252B	$1.102B	$844.4M	$559.5M	$463.3M	$225.5M	$146.1M	$148.4M	$148.9M
Gross Profit	$5.827B	$5.134B	$4.614B	$1.511B	$1.276B	$953.8M	$636.4M	$333.4M	$256.5M	$136.3M	$101.1M	$106.3M	$107.1M
Gross Profit Margin	50.55%	47.44%	48.21%	41.65%	50.48%	46.39%	43.19%	37.34%	35.64%	37.67%	40.9%	41.74%	41.82%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$2.012B	$2.068B	$1.782B	$882.0M	$606.1M	$455.8M	$324.2M	$170.8M	$128.1M	$85.30M	$61.50M	$63.70M	$63.60M
YoY Change	-2.71%	16.05%	102.04%	45.52%	32.97%	40.59%	89.81%	33.33%	50.18%	38.7%	-3.45%	0.16%	-2.6%
% of Gross Profit	34.53%	40.28%	38.62%	58.37%	47.5%	47.79%	50.94%	51.23%	49.94%	62.58%	60.83%	59.92%	59.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.261B	$1.205B	$1.126B	$583.0M	$222.0M	$157.0M	$105.9M	$63.40M	$56.90M	$28.60M	$17.00M	$17.70M	$19.80M
YoY Change	4.65%	7.02%	93.14%	162.61%	41.4%	48.25%	67.03%	11.42%	98.95%	68.24%	-3.95%	-10.61%	-11.61%
% of Gross Profit	21.64%	23.47%	24.4%	38.58%	17.4%	16.46%	16.64%	19.02%	22.18%	20.98%	16.82%	16.65%	18.49%
Operating Expenses	$3.273B	$3.273B	$2.908B	$1.465B	$827.7M	$613.3M	$430.1M	$234.2M	$185.0M	$113.9M	$78.50M	$81.30M	$83.30M
YoY Change	0.0%	12.55%	98.5%	77.0%	34.96%	42.59%	83.65%	26.59%	62.42%	45.1%	-3.44%	-2.4%	-5.13%
Operating Profit	$2.472B	$1.739B	$1.460B	-$383.0M	$410.0M	$310.0M	$94.81M	$88.70M	$72.62M	$17.56M	$22.60M	$25.00M	$23.80M
YoY Change	42.15%	19.11%	-481.2%	-193.41%	32.26%	226.97%	6.89%	22.14%	313.68%	-22.32%	-9.6%	5.04%	25.26%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$2.394B	$2.303B	$2.295B	$1.202B	$286.0M	$172.0M	$99.77M	$50.92M	$61.56M	$30.73M	-$12.30M	-$25.10M	-$22.10M
YoY Change	3.95%	0.35%	90.93%	320.28%	66.28%	72.4%	95.94%	-17.29%	100.29%	-349.87%	-51.0%	13.57%	4.74%
% of Operating Profit	96.84%	132.43%	157.19%		69.76%	55.48%	105.23%	57.4%	84.77%	175.07%	-54.42%	-100.4%	-92.86%
Other Income/Expense, Net	-$2.532B	-$2.304B	-$2.729B	-$1.223B	-$285.0M	-$175.0M	-$138.2M	-$51.07M	-$27.91M	-$30.11M
YoY Change	9.9%	-15.57%	123.14%	329.12%	62.86%	26.63%	170.6%	82.97%	-7.29%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	-$60.00M	-$565.0M	-$1.269B	-$1.606B	$125.0M	$135.0M	-$43.39M	$37.63M	$44.71M	-$12.55M	$18.90M	-$1.000M	-$29.00M
YoY Change	-89.38%	-55.48%	-20.98%	-1384.8%	-7.41%	-411.14%	-215.31%	-15.84%	-456.13%	-166.42%	-1990.0%	-96.55%	367.74%
Income Tax	-$888.0M	-$41.00M	-$283.0M	$132.0M	$44.00M	$40.00M	-$116.8M	$13.10M	-$69.54M	$1.768M	$0.00	$0.00	$0.00
% Of Pretax Income					35.2%	29.63%		34.82%	-155.54%		0.0%
Net Earnings	$786.0M	-$899.0M	-$1.019B	-$1.757B	$81.00M	$95.00M	$73.38M	$24.53M	$114.2M	-$14.43M	$18.90M	-$1.000M	-$24.20M
YoY Change	-187.43%	-11.78%	-42.0%	-2269.14%	-14.74%	29.46%	199.18%	-78.53%	-892.0%	-176.32%	-1990.0%	-95.87%	303.33%
Net Earnings / Revenue	6.82%	-8.31%	-10.65%	-48.43%	3.2%	4.62%	4.98%	2.75%	15.87%	-3.99%	7.65%	-0.39%	-9.45%
Basic Earnings Per Share	$3.65	-$4.19	-$4.83	-$13.50	$1.04	$1.23	$1.09	$0.52	$2.45	-$0.48
Diluted Earnings Per Share	$3.64	-$4.19	-$4.83	-$13.50	$1.03	$1.22	$1.08	$0.51	$2.43	-$0.48	$811.2K	-$42.92K	-$1.039M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$1.005B	$1.038B	$1.070B	$1.758B	$241.0M	$248.0M	$152.0M	$61.00M	$78.00M	$88.00M	$30.00M
YoY Change	-3.18%	-2.99%	-39.14%	629.46%	-2.82%	63.16%	149.18%	-21.79%	-11.36%	193.33%
Cash & Equivalents	$1.005B	$1.038B	$1.070B	$1.758B	$206.0M	$231.0M	$135.0M	$61.00M	$78.00M	$88.00M	$30.00M
Short-Term Investments					$35.00M	$17.00M	$18.00M
Other Short-Term Assets	$386.0M	$394.0M	$4.380B	$4.483B	$288.0M	$229.0M	$31.00M	$14.00M	$16.00M	$15.00M	$3.000M
YoY Change	-2.03%	-91.0%	-2.3%	1456.6%	25.76%	638.71%	121.43%	-12.5%	6.67%	400.0%
Inventory	$46.00M	$59.00M	$42.00M	$44.00M	$18.00M	$21.00M	$17.00M	$11.00M	$12.00M	$7.000M	$3.000M
Prepaid Expenses
Receivables	$608.0M	$611.0M	$472.0M	$338.0M	$54.00M	$60.00M	$46.00M	$15.00M	$10.00M	$7.000M	$3.000M
Other Receivables	$0.00	$0.00	$0.00	$44.00M	$4.000M	$16.00M	$5.000M	$0.00	$0.00	$0.00	$1.000M
Total Short-Term Assets	$2.045B	$2.102B	$5.964B	$6.667B	$605.0M	$573.0M	$251.0M	$102.0M	$116.0M	$117.0M	$39.00M
YoY Change	-2.71%	-64.76%	-10.54%	1001.98%	5.58%	128.29%	146.08%	-12.07%	-0.85%	200.0%
Property, Plant & Equipment	$15.38B	$15.24B	$14.60B	$14.33B	$2.803B	$2.883B	$1.503B	$613.0M	$626.0M	$457.0M	$181.0M
YoY Change	0.93%	4.36%	1.87%	411.34%	-2.77%	91.82%	145.19%	-2.08%	36.98%	152.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$157.0M	$94.00M	$158.0M	$173.0M	$136.0M			$1.000M	$1.000M	$14.00M	$18.00M
YoY Change	67.02%	-40.51%	-8.67%	27.21%				0.0%	-92.86%	-22.22%
Other Assets	$273.0M	$376.0M	$1.312B	$1.236B	$76.00M	$85.00M	$49.00M	$23.00M	$22.00M	$24.00M	$11.00M
YoY Change	-27.39%	-71.34%	6.15%	1526.32%	-10.59%	73.47%	113.04%	4.55%	-8.33%	118.18%
Total Long-Term Assets	$31.32B	$31.43B	$32.07B	$29.72B	$5.036B	$5.338B	$3.295B	$1.192B	$1.209B	$1.055B	$231.0M
YoY Change	-0.33%	-2.0%	7.9%	490.11%	-5.66%	62.0%	176.43%	-1.41%	14.6%	356.71%
Total Assets	$33.37B	$33.53B	$38.03B	$36.39B	$5.641B	$5.911B	$3.546B	$1.294B	$1.325B	$1.172B	$270.0M
YoY Change
Accounts Payable	$408.0M	$314.0M	$254.0M	$165.0M	$62.00M	$59.00M	$35.00M	$22.00M	$17.00M	$12.00M	$7.000M
YoY Change	29.94%	23.62%	53.94%	166.13%	5.08%	68.57%	59.09%	29.41%	41.67%	71.43%
Accrued Expenses	$1.468B	$1.499B	$2.293B	$1.468B	$319.0M	$285.0M	$188.0M	$76.00M	$84.00M	$77.00M	$15.00M
YoY Change	-2.07%	-34.63%	56.2%	360.19%	11.93%	51.6%	147.37%	-9.52%	9.09%	413.33%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$65.00M	$108.0M	$70.00M	$67.00M	$246.0M	$0.00	$1.000M	$5.000M	$5.000M	$0.00	$3.000M
YoY Change	-39.81%	54.29%	4.48%	-72.76%		-100.0%	-80.0%	0.0%		-100.0%
Total Short-Term Liabilities	$2.690B	$2.668B	$5.297B	$2.585B	$688.0M	$402.0M	$224.0M	$102.0M	$106.0M	$92.00M	$25.00M
YoY Change	0.82%	-49.63%	104.91%	275.73%	71.14%	79.46%	119.61%	-3.77%	15.22%	268.0%
Long-Term Debt	$24.98B	$25.27B	$26.15B	$26.37B	$3.295B	$4.221B	$2.190B	$796.0M	$862.0M	$775.0M	$168.0M
YoY Change	-1.13%	-3.35%	-0.84%	700.24%	-21.94%	92.74%	175.13%	-7.66%	11.23%	361.31%
Other Long-Term Liabilities	$871.0M	$852.0M	$936.0M	$1.232B	$343.0M	$59.00M	$29.00M	$7.000M	$8.000M	$9.000M	$1.000M
YoY Change	2.23%	-8.97%	-24.03%	259.18%	481.36%	103.45%	314.29%	-12.5%	-11.11%	800.0%
Total Long-Term Liabilities	$25.85B	$26.12B	$27.08B	$27.60B	$3.638B	$4.280B	$2.219B	$803.0M	$870.0M	$784.0M	$169.0M
YoY Change	-1.02%	-3.55%	-1.88%	658.66%	-15.0%	92.88%	176.34%	-7.7%	10.97%	363.91%
Total Liabilities	$28.81B	$29.81B	$33.55B	$31.37B	$4.523B	$4.882B	$2.605B	$996.0M	$1.054B	$1.020B	$195.0M
YoY Change	-3.35%	-11.14%	6.96%	593.54%	-7.35%	87.41%	161.55%	-5.5%	3.33%	423.08%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	215.0M shares	214.0M shares	211.0M shares	130.0M shares	78.00M shares	77.00M shares	67.13M	47.03M	46.55M	29.90M
Diluted Shares Outstanding	216.0M shares	214.0M shares	211.0M shares	130.0M shares	79.00M shares	78.00M shares	68.10M	47.70M	47.01M	29.90M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $8.2071 Billion

About Caesars Entertainment, Inc.

Caesars Entertainment, Inc. engages in the management of casinos and resorts under the Caesars, Harrah's, Horseshoe, and Eldorado brands. The company is headquartered in Reno, Nevada and currently employs 51,000 full-time employees. The company went IPO on 2014-09-19. The firm's resorts operate primarily under the Caesars, Harrah’s, Horseshoe, and Eldorado brand names. The company offers diversified gaming, entertainment and hospitality amenities, destinations, and a full suite of mobile and online gaming and sports betting experiences. The company operates through four segments: Las Vegas, Regional, Caesars Digital, and Managed and Branded, in addition to Corporate and Other. The Company’s operations for retail and online sports betting, iGaming, and horse racing are included under the Caesars Digital segment. The firm owns, leases, brands or manages an aggregate of about 53 domestic properties in 18 states with approximately 50,900 slot machines, video lottery terminals and e-tables, approximately 2,700 table games and approximately 44,900 hotel rooms. The company also owns WynnBET, a digital sports betting and casino gaming business.

Industry: Hotels & Motels Peers: Light & Wonder, Inc. BOYD GAMING CORP Churchill Downs Inc DraftKings Inc. LAS VEGAS SANDS CORP MGM Resorts International PENN Entertainment, Inc. WYNN RESORTS LTD