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Caesars Entertainment, Inc. CZR Managed And Branded — Net revenues

Other segment segments

Regional
$1.43B+3.0%
Las Vegas
$1B0.0%
Caesars Digital
$374M+11.6%

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Other financials

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

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Market cap$5.95B+1.5%

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×

Where this comes from

Reported directly by Caesars Entertainment, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Caesars Entertainment, Inc.’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Caesars Entertainment, Inc.'s managed and branded — net revenues?
Caesars Entertainment, Inc. (CZR) reported managed and branded — net revenues of $66M in Q1 2026.
How has Caesars Entertainment, Inc.'s managed and branded — net revenues changed year-over-year?
Caesars Entertainment, Inc.'s managed and branded — net revenues decreased by 1.5% year-over-year, from $67M to $66M.
What is the long-term trend for Caesars Entertainment, Inc.'s managed and branded — net revenues?
Over 4 years (2021 to 2025), Caesars Entertainment, Inc.'s managed and branded — net revenues has grown at a 0.1% compound annual growth rate (CAGR), from $278M to $279M.
What does managed and branded — net revenues mean?
This metric represents the total revenue generated from properties managed by the company under its brand portfolio where the company does not necessarily own the underlying real estate. It reflects the scale of the company's asset-light business model and its ability to monetize its brand equity and operational expertise. Growth in this metric indicates successful expansion of management contracts and brand licensing agreements.