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Caesars Entertainment, Inc. CZR Regional — Goodwill

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Other financials

Income statement

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Revenue$3.0B+3.0%
Operating income$513.0M-2.5%
Net income-$62.0M+24.4%
EPS (diluted)-$0.30+23.1%

Balance sheet

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Cash & equivalents$965.0M-1.7%
Total debt$24.9B-1.2%
Total equity$3.4B-13.4%
Total assets$31.7B-2.3%

Cash flow

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Operating cash flow$471.0M+1.9%
CapEx$167.0M-27.4%
Free cash flow$304.0M+31.0%

Valuation

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Market cap$6.12B+18.3%
Enterprise value$30.01B+2.2%
P/S0.5×+0.1×

Profitability

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Operating margin15.9%-4.5pp
Net margin-4%-23.5pp
FCF margin5.2%

Returns & leverage

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Return on equity-12.8%-36.2pp
Debt / equity7.4×+0.9×
Current ratio0.9×0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Caesars Entertainment, Inc.’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:18 PM EST
Fiscal year
FY2025
Accession
0001590895-26-000011
Changes in Carrying Value of Goodwill by Segment / (In millions)Changes in Carrying Value of Goodwill by Segment / Las VegasRegionalCaesars DigitalManaged and BrandedCEI Total
Balance as of January 1, 2025$6,682$3,093$1,204$10,979
Other
Balance as of December 31, 20256,6823,0931,20410,979
Accumulated Impairment:
Balance as of January 1, 2025(378)(378)
Impairment(160)(160)
Balance as of December 31, 2025(538)(538)
Net carrying value, as of December 31, 2025 (b)$6,682$2,555$1,204$10,441

Item 8. Financial Statements and Supplementary Data

FAQ

What is Caesars Entertainment, Inc.'s regional — goodwill?
Caesars Entertainment, Inc. (CZR) reported regional — goodwill of $2.56B in Q4 2025.
How has Caesars Entertainment, Inc.'s regional — goodwill changed year-over-year?
Caesars Entertainment, Inc.'s regional — goodwill decreased by 5.9% year-over-year, from $2.72B to $2.56B.
What does regional — goodwill mean?
The net carrying value of goodwill for the regional segment, calculated as gross goodwill minus accumulated impairment losses. This represents the portion of the segment's asset base that reflects intangible value, such as brand equity and market presence. It is a critical indicator of the segment's long-term valuation and potential for future write-downs.

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