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Caesars Entertainment, Inc.

CZR

Caesars Entertainment is a leading geographically diversified gaming and hospitality company that operates a vast portfolio of casino-resorts and digital wagering platforms.

Market cap
$6.1B-1.8%
Revenue$11.6B+2.4%
Net income-$485.0M-97.2%
Free cash flow$538.0M+322%
EPS (diluted)-$2.36-107%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 28, 2026 (In 3 days)
Revenue estimate$3.0B
EPS estimate$0.05

Financials

Q1 2026

Income statement

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Revenue$2.9B+2.7%
Operating income$500.0M+2.5%
Net income-$98.0M+14.8%
EPS (diluted)-$0.48+11.1%

Balance sheet

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Cash & equivalents$867.0M-1.9%
Total debt$24.9B-0.6%
Total equity$3.4B-15.7%
Total assets$31.7B-2.3%

Cash flow

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Operating cash flow$204.0M-6.4%
CapEx$168.0M-24.7%
Free cash flow$36.0M+820%

Valuation & ratios

Valuation

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Market cap$6.1B-1.8%
Enterprise value$30.16B-0.8%
P/S0.5×0.0×

Profitability

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Operating margin16.2%-4.2pp
Net margin-4.2%+52.8pp
FCF margin4.7%

Returns & leverage

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Return on equity-13%-68.9pp
Debt / equity7.3×+1.1×
Current ratio0.8×0.0×

Segments

By segment

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Regional$1.4B+3.0%
Las Vegas$1.0B0.0%
Caesars Digital$374.0M+11.6%
Managed And Branded$66.0M-1.5%

By product

See full
Casino$1.7B+4.5%
Hotel$487.0M+1.0%
Food and beverage$424.0M-2.5%

Competitors

Profile

Caesars Entertainment is a leading geographically diversified gaming and hospitality company that operates a vast portfolio of casino-resorts and digital wagering platforms. The company leverages iconic brands to provide integrated entertainment experiences including casino gaming, hotel accommodations, dining, and retail. Its core value proposition centers on a cross-market strategy powered by a unified loyalty program that connects physical properties with a comprehensive digital sports betting and iGaming ecosystem.

Competitive position

One of the largest gaming-resort operators in North America with a dominant presence on the Las Vegas Strip and a significant regional footprint.

GeographiesUnited States, Canada
Customer segmentsRetail consumers, High-net-worth individuals, Corporate event planners
Business modelB2C, Asset-heavy, Management and Branding, Mobile App
SuppliersGaming equipment manufacturers, Real estate investment trusts (REITs), Food and beverage distributors, Technology and software providers
CustomersIndividual leisure consumers, Professional sports bettors, Corporate convention organizers
Listed2014
Employees51.0K
CEOThomas Robert Reeg
FilingsSEC EDGAR

Questions, answered.

What is Caesars Entertainment, Inc.'s market cap?
Caesars Entertainment, Inc. (CZR) has a market capitalization of $6.1B and trades on NASDAQ.
What is Caesars Entertainment, Inc.'s revenue and profitability?
Caesars Entertainment, Inc. generated $11.6B in trailing twelve-month revenue with a net loss of $485.0M, representing a net margin of -4.2%, with free cash flow of $538.0M. These figures are based on the Q1 2026 filing.
Who are Caesars Entertainment, Inc.'s competitors?
Caesars Entertainment, Inc.'s key competitors include Wynn Resorts, Limited, Penn Entertainment, Inc., MGM Resorts International, and others. These companies compete in similar markets and product categories.
Who does Caesars Entertainment, Inc. partner with?
Caesars Entertainment, Inc.'s notable partners include Gaming and Leisure Properties, Inc., VICI Properties Inc., NYRABets LLC, and others.
What subsidiaries does Caesars Entertainment, Inc. have?
Caesars Entertainment, Inc.'s subsidiaries include William Hill, Isle of Capri Casinos, Tropicana Entertainment.
Where is Caesars Entertainment, Inc. headquartered?
Caesars Entertainment, Inc. is headquartered in United States of America and employs approximately 51,000 people. It has been publicly traded since 2014.