See more : Peraso Inc. (PRSO) Income Statement Analysis – Financial Results
Complete financial analysis of Caesars Entertainment, Inc. (CZR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Caesars Entertainment, Inc., a leading company in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector.
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Caesars Entertainment, Inc. (CZR)
About Caesars Entertainment, Inc.
Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company operates casinos comprising poker, keno, and race and online sportsbooks; dining venues, bars, nightclubs, and lounges; hotels; and entertainment venues. It also provides staffing and management services; accessories, souvenirs, and decorative items through retail stores; and online sports betting and iGaming services. As of December 31,2021, the company owned, leased, and managed 52 domestic properties in 16 states, consisting of approximately 55,700 slot machines, video lottery terminals, and e-tables; 2,900 table games; and 47,700 hotel rooms. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.53B | 10.82B | 9.57B | 3.47B | 2.53B | 2.06B | 1.47B | 892.90M | 719.78M | 361.82M | 247.19M | 254.74M | 8.57B | 8.55B | 8.91B | 10.13B | 10.83B | 9.67B | 7.01B | 4.40B | 3.95B | 3.75B | 3.65B | 3.33B | 2.89B | 2.00B | 1.62B | 1.59B | 1.58B | 1.34B | 1.02B | 894.00M | 1.03B | 1.00B | 945.00M | 866.00M | 798.00M |
| Cost of Revenue | 5.40B | 5.40B | 4.65B | 1.77B | 1.19B | 1.06B | 806.91M | 539.66M | 446.78M | 225.50M | 146.08M | 148.44M | 4.56B | 4.69B | 4.74B | 5.39B | 5.58B | 4.86B | 3.62B | 2.31B | 2.07B | 1.91B | 1.81B | 1.65B | 1.41B | 1.03B | 829.00M | 781.00M | 745.00M | 614.00M | 479.00M | 438.00M | 497.00M | 474.00M | 440.00M | 408.00M | 366.00M |
| Gross Profit | 6.13B | 5.42B | 4.92B | 1.71B | 1.34B | 1.00B | 666.60M | 353.24M | 273.00M | 136.33M | 101.11M | 106.30M | 4.01B | 3.86B | 4.17B | 4.74B | 5.25B | 4.82B | 3.39B | 2.08B | 1.88B | 1.84B | 1.84B | 1.68B | 1.48B | 977.00M | 790.00M | 805.00M | 834.00M | 725.00M | 542.00M | 456.00M | 534.00M | 530.00M | 505.00M | 458.00M | 432.00M |
| Gross Profit Ratio | 53.20% | 50.09% | 51.44% | 49.11% | 53.08% | 48.66% | 45.24% | 39.56% | 37.93% | 37.68% | 40.90% | 41.73% | 46.80% | 45.15% | 46.84% | 46.78% | 48.47% | 49.79% | 48.39% | 47.37% | 47.61% | 49.04% | 50.52% | 50.45% | 51.28% | 48.75% | 48.80% | 50.76% | 52.82% | 54.14% | 53.09% | 51.01% | 51.79% | 52.79% | 53.44% | 52.89% | 54.14% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.00M | 11.00M | 12.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.01B | 2.35B | 2.09B | 1.08B | 542.75M | 396.23M | 271.83M | 150.05M | 113.34M | 63.36M | 43.71M | 44.94M | 2.27B | 2.17B | 2.17B | 2.49B | 2.59B | 2.41B | 1.58B | 974.00M | 60.00M | 58.00M | 66.00M | 59.00M | 45.00M | 46.00M | 45.00M | 40.00M | 30.00M | 29.00M | 27.00M | 27.00M | 27.00M | 34.00M | 35.00M | 32.00M | 39.00M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 129.37M | 106.16M | 82.53M | 40.60M | 31.23M | 21.98M | 17.74M | 18.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.01B | 2.35B | 2.09B | 1.08B | 672.12M | 502.39M | 354.36M | 190.65M | 144.57M | 85.34M | 61.45M | 63.66M | 2.27B | 2.17B | 2.17B | 2.49B | 2.59B | 2.41B | 1.58B | 974.00M | 60.00M | 58.00M | 66.00M | 59.00M | 45.00M | 46.00M | 45.00M | 40.00M | 30.00M | 29.00M | 27.00M | 27.00M | 27.00M | 34.00M | 35.00M | 32.00M | 39.00M |
| Other Expenses | 1.65B | 1.21B | 1.13B | 583.00M | 221.53M | -20.84M | -92.78M | 63.45M | 56.92M | 28.64M | 17.03M | 17.65M | 880.00M | 1.05B | -2.36B | 5.78B | 1.01B | 917.00M | 787.00M | 336.00M | 1.16B | 1.07B | 1.20B | 1.34B | 958.00M | 634.00M | 521.00M | 516.00M | 594.00M | 427.00M | 305.00M | 268.00M | 331.00M | 337.00M | 315.00M | 290.00M | 242.00M |
| Operating Expenses | 3.66B | 3.56B | 3.22B | 1.66B | 893.65M | 659.82M | 460.25M | 254.10M | 201.49M | 113.98M | 78.48M | 81.31M | 3.15B | 3.22B | -185.00M | 8.27B | 3.60B | 3.32B | 2.37B | 1.31B | 1.22B | 1.13B | 1.27B | 1.40B | 1.00B | 689.00M | 577.00M | 568.00M | 624.00M | 456.00M | 332.00M | 295.00M | 358.00M | 371.00M | 350.00M | 322.00M | 281.00M |
| Cost & Expenses | 9.06B | 8.96B | 7.86B | 3.43B | 2.08B | 1.72B | 1.27B | 793.76M | 648.27M | 339.48M | 224.56M | 229.75M | 7.71B | 7.91B | 4.55B | 13.66B | 9.18B | 8.18B | 5.98B | 3.62B | 3.29B | 3.04B | 3.08B | 3.05B | 2.41B | 1.72B | 1.41B | 1.35B | 1.37B | 1.07B | 811.00M | 733.00M | 855.00M | 845.00M | 790.00M | 730.00M | 647.00M |
| Interest Income | 12.00M | 12.00M | 16.00M | 1.20B | 286.00M | 0.00 | 0.00 | 0.00 | 0.00 | 18.00K | 16.00K | 14.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 2.35B | 2.27B | 2.30B | 1.17B | 286.25M | 171.73M | 99.77M | 50.92M | 61.56M | 30.75M | 15.68M | 16.07M | 2.12B | 1.98B | 1.89B | 2.07B | 800.00M | 670.00M | 481.00M | 271.80B | 234.42B | -240.00M | -256.00M | -265.00M | -121.00M | -85.00M | -30.00M | -65.00M | -74.00M | -78.00M | -73.00M | -78.00M | -134.00M | -119.00M | -26.00M | -24.00M | -20.00M |
| Depreciation & Amortization | 1.26B | 1.26B | 1.17B | 597.00M | 224.62M | 157.43M | 105.89M | 63.45M | 56.92M | 28.64M | 17.03M | 17.65M | 845.90M | 871.70M | 872.00M | 1.13B | 905.80M | 711.40M | 523.00M | 347.50M | 319.70M | 304.60M | 327.60M | 282.10M | 218.30M | 159.20M | 122.40M | 102.30M | 95.40M | 86.60M | 70.20M | 63.80M | 88.10M | 82.10M | 75.50M | 65.10M | -17.00M |
| EBITDA | 3.56B | 3.07B | 2.83B | 193.00M | 635.85M | 464.78M | 312.18M | 162.59M | 128.47M | 50.97M | 39.66M | 32.73M | 1.74B | 2.49B | 1.94B | 52.13M | 1.97B | 1.62B | 1.01B | 57.62K | 62.83B | 473.60M | 406.60M | 20.10M | 434.30M | 251.20M | 260.40M | 203.30M | 161.40M | 161.60M | 142.20M | 72.80M | 6.10M | 7.10M | 204.50M | 156.10M | 134.00M |
| EBITDA Ratio | 30.84% | 28.76% | 27.52% | 23.17% | 26.40% | 24.21% | 21.17% | 18.21% | 18.32% | 14.84% | 17.41% | 13.23% | 20.27% | 29.11% | 21.79% | -16.10% | 18.24% | 16.77% | 14.45% | 1,862.10% | 1,591.05% | 12.64% | 11.15% | 0.60% | 15.01% | 12.53% | 16.08% | 12.82% | 10.22% | 12.07% | 13.93% | 8.14% | 0.59% | 0.71% | 21.64% | 18.03% | 16.79% |
| Operating Income | 2.47B | 1.74B | 1.46B | 222.00M | 409.97M | 310.10M | 94.87M | 89.12M | 72.52M | 17.56M | 22.58M | 15.84M | 856.00M | 640.00M | 4.36B | -3.53B | 1.65B | 1.50B | 1.03B | 773.00M | 660.00M | 709.00M | 573.00M | 283.00M | 481.00M | 288.00M | 214.00M | 237.00M | 209.00M | 269.00M | 210.00M | 161.00M | 176.00M | 159.00M | 155.00M | 136.00M | 151.00M |
| Operating Income Ratio | 21.44% | 16.07% | 15.26% | 6.39% | 16.22% | 15.08% | 6.44% | 9.98% | 10.07% | 4.85% | 9.14% | 6.22% | 9.99% | 7.48% | 48.93% | -34.88% | 15.24% | 15.45% | 14.64% | 17.58% | 16.71% | 18.92% | 15.71% | 8.50% | 16.62% | 14.37% | 13.22% | 14.94% | 13.24% | 20.09% | 20.57% | 18.01% | 17.07% | 15.84% | 16.40% | 15.70% | 18.92% |
| Total Other Income/Expenses | -2.53B | -2.30B | -2.73B | -1.22B | -285.02M | -174.38M | -138.20M | -51.07M | -27.91M | -30.11M | -3.69M | -16.83M | -2.12B | -1.98B | -4.38B | -2.13B | -1.66B | -1.49B | -1.01B | -260.00M | -232.00M | -238.00M | -227.00M | -265.00M | -121.00M | -85.00M | -30.00M | -65.00M | -57.00M | -130.00M | -71.00M | -76.00M | -124.00M | -115.00M | 0.00 | -7.00M | 4.00M |
| Income Before Tax | -60.00M | -565.00M | -1.27B | -1.63B | 124.98M | 135.62M | -43.33M | 38.05M | 44.60M | -12.55M | 18.90M | -991.00K | -1.27B | -1.34B | 2.50B | -5.66B | 893.00M | 835.00M | 554.00M | 513.00M | 428.00M | 471.00M | 346.00M | 18.00M | 360.00M | 203.00M | 184.00M | 172.00M | 152.00M | 139.00M | 139.00M | 85.00M | 52.00M | 44.00M | 155.00M | 129.00M | 155.00M |
| Income Before Tax Ratio | -0.52% | -5.22% | -13.26% | -46.98% | 4.94% | 6.60% | -2.94% | 4.26% | 6.20% | -3.47% | 7.64% | -0.39% | -14.78% | -15.69% | 28.05% | -55.90% | 8.25% | 8.63% | 7.90% | 11.67% | 10.84% | 12.57% | 9.48% | 0.54% | 12.44% | 10.13% | 11.37% | 10.84% | 9.63% | 10.38% | 13.61% | 9.51% | 5.04% | 4.38% | 16.40% | 14.90% | 19.42% |
| Income Tax Expense | -888.00M | -41.00M | -283.00M | 126.00M | 43.98M | 40.39M | -117.27M | 13.24M | -69.58M | 1.77M | 19.04M | 7.12M | -506.90M | 468.00M | -1.65B | 360.00M | -350.00M | -295.00M | -227.00M | -190.64B | -172.20B | 174.00M | 126.00M | 15.00M | 129.00M | 75.00M | 69.00M | 67.00M | 61.00M | 75.00M | 59.00M | 35.00M | 22.00M | 21.00M | -26.00M | -31.00M | 1.00M |
| Net Income | 786.00M | -524.00M | -986.00M | -1.76B | 81.00M | 95.24M | 73.94M | 24.80M | 114.18M | -14.43M | 18.90M | -991.00K | -725.00M | -831.00M | 828.00M | -5.20B | 619.00M | 536.00M | 236.00M | 368.00M | 293.00M | 235.00M | 209.00M | -12.00M | 208.00M | 102.00M | 99.00M | 99.00M | 79.00M | 78.00M | 86.00M | 52.00M | 30.00M | 23.00M | 155.00M | 115.00M | 154.00M |
| Net Income Ratio | 6.82% | -4.84% | -10.30% | -50.60% | 3.20% | 4.63% | 5.02% | 2.78% | 15.86% | -3.99% | 7.64% | -0.39% | -8.46% | -9.72% | 9.30% | -51.32% | 5.72% | 5.54% | 3.37% | 8.37% | 7.42% | 6.27% | 5.73% | -0.36% | 7.19% | 5.09% | 6.11% | 6.24% | 5.00% | 5.83% | 8.42% | 5.82% | 2.91% | 2.29% | 16.40% | 13.28% | 19.30% |
| EPS | 3.66 | -2.45 | -4.67 | -13.52 | 1.04 | 1.24 | 1.09 | 0.52 | 2.45 | -0.48 | 0.41 | -0.02 | -5.80 | -8.39 | 6.62 | -41.58 | 3.28 | 2.85 | 1.57 | 3.26 | 2.66 | 2.06 | 1.80 | -0.10 | 1.61 | 1.00 | 0.98 | 0.95 | 0.77 | 0.76 | 0.83 | 0.51 | 0.33 | 0.29 | 2.01 | 1.49 | 2.00 |
| EPS Diluted | 3.64 | -2.45 | -4.67 | -13.52 | 1.03 | 1.22 | 1.08 | 0.51 | 2.43 | -0.48 | 0.41 | -0.02 | -5.80 | -8.39 | 6.62 | -41.58 | 3.28 | 2.85 | 1.57 | 3.26 | 2.66 | 2.06 | 1.80 | -0.10 | 1.61 | 1.00 | 0.98 | 0.95 | 0.77 | 0.76 | 0.83 | 0.51 | 0.33 | 0.29 | 2.01 | 1.49 | 2.00 |
| Weighted Avg Shares Out | 215.00M | 214.00M | 211.00M | 130.00M | 77.68M | 77.00M | 67.13M | 47.03M | 46.55M | 29.90M | 46.41M | 46.41M | 125.00M | 99.00M | 125.00M | 125.00M | 189.00M | 188.00M | 150.00M | 113.00M | 110.00M | 114.00M | 116.00M | 117.00M | 129.00M | 102.00M | 101.00M | 104.00M | 103.00M | 103.00M | 103.00M | 101.00M | 90.00M | 78.00M | 77.00M | 77.00M | 77.00M |
| Weighted Avg Shares Out (Dil) | 216.00M | 214.00M | 211.00M | 130.00M | 78.59M | 78.00M | 68.10M | 47.70M | 47.01M | 29.90M | 46.41M | 46.41M | 125.00M | 99.00M | 125.00M | 125.00M | 189.00M | 188.00M | 150.00M | 113.00M | 110.00M | 114.00M | 116.00M | 117.00M | 129.00M | 102.00M | 101.00M | 104.00M | 103.00M | 103.00M | 103.00M | 101.00M | 90.00M | 78.00M | 77.00M | 77.00M | 77.00M |
Caesars Entertainment (CZR) Q1 Earnings & Revenues Lag Estimates
Caesars Entertainment's (CZR) first-quarter 2024 results suffer from lower-than-expected hold in Las Vegas and online sports betting and weather-related woes in the Regional segment.
Caesars Entertainment, Inc. (CZR) Q1 2024 Earnings Call Transcript
Caesars Entertainment, Inc. (NASDAQ:CZR ) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Brian Agnew – Senior Vice President-Corporate Finance, Treasury and Investor Relations Tom Reeg – Chief Executive Officer Anthony Carano – President and...
Caesars Entertainment (CZR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Caesars Entertainment (CZR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago...
Caesars Entertainment, Inc. Reports First Quarter 2024 Results
LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) today reported operating results for the first quarter ended March 31, 2024. First Quarter 2024 and Recent Highlights: GAAP net revenues of $2.7 billion...
Caesars Palace Online Casino Upgrades App with First-of-its-kind Functionality
LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced a comprehensive upgrade to the Caesars Palace Online Casino mobile app on iOS and Android. The new-look Caesars Palace Online Casino app is now live and headlined by an industry-first...
Caesars Entertainment, Inc. Appoints Kim Harris Jones to Board of Directors
LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) today announced the appointment of Kim Harris Jones to its Board of Directors, effective April 29, 2024, subject to required regulatory approvals and pending licensure. With a track record of...
What Awaits for Caesars Entertainment's (CZR) Q1 Earnings?
Increased competition, construction disruptions and higher expenses will likely affect Caesars Entertainment's (CZR) Q1 performance.
INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Caesars Rewards Casino - Data Breach
NEW YORK, NY / ACCESSWIRE / April 26, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards...
Data Breach: Caesars Rewards Casino Investigated by Levi & Korsinsky, LLP
NEW YORK, NY / ACCESSWIRE / April 25, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards...
Earnings Preview: Caesars Entertainment (CZR) Q1 Earnings Expected to Decline
Caesars Entertainment (CZR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Source: https://incomestatements.info
Category: Stock Reports