14 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 25.9% per year over the past 5 years.
Operating margin has expanded, at 16.2% in the latest year.
Free cash flow has declined 4.5% per year over the past 5 years.
Financial health
Total debt ($11.9B) exceeds cash ($887M); net debt is $11.0B.
Total debt has grown slower than revenue (-4.5% vs 25.9% per year).
Operating income covered interest expense 0.8× in the latest year, up from -0.3× 5 years ago.
Total debt is 3.6× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$11.5B
-$437M
0.0%
16.2%
$497M
$11.9B
$887M
2024
$11.2B
-$211M
0.0%
20.5%
-$221M
$12.3B
$866M
2023
$11.5B
$828M
0.0%
21.4%
$545M
$12.4B
$1.0B
2022
$10.8B
-$910M
0.0%
16.1%
—
$13.1B
$1.0B
2021
$9.6B
-$1.0B
0.0%
15.3%
—
$14.3B
$1.1B
2020
$3.6B
-$1.8B
0.0%
-10.6%
—
$15.0B
$1.8B
2019
$2.5B
$81M
0.0%
16.2%
$142M
$2.6B
$206M
2018
$2.1B
$95M
0.0%
15.1%
$176M
$3.3B
$231M
2017
$1.5B
$73M
0.0%
6.4%
$47M
$2.2B
$135M
2016
$900M
$25M
0.0%
9.9%
$52M
$823M
$61M
2015
$724M
$114M
0.0%
10.0%
$19M
$866M
$78M
2014
—
-$14M
—
—
—
$164M
$88M
2013
—
$19M
—
—
—
$171M
$30M
2012
—
-$991000
—
—
—
—
$25M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$2.9B
-$98M
0.0%
17.4%
$36M
$11.9B
$867M
Dec '25
$2.9B
-$250M
0.0%
11.4%
$147M
$11.9B
$887M
Sep '25
$2.9B
-$55M
0.0%
17.9%
$123M
$11.9B
$836M
Jun '25
$2.9B
-$82M
0.0%
18.1%
$232M
$12.3B
$982M
Mar '25
$2.8B
-$115M
0.0%
17.5%
-$5M
$12.3B
$884M
Dec '24
$2.8B
$11M
0.0%
23.9%
$30M
$12.3B
$866M
Sep '24
$2.9B
-$9M
0.0%
22.4%
-$192M
$12.7B
$802M
Jun '24
$2.8B
-$122M
0.0%
17.9%
$125M
$12.4B
$830M
Mar '24
$2.7B
-$158M
0.0%
17.7%
-$184M
$12.4B
$726M
Dec '23
$2.8B
-$72M
0.0%
19.0%
—
$12.4B
$1.0B
Sep '23
$3.0B
$74M
0.0%
24.2%
$26M
$12.5B
$841M
Jun '23
$2.9B
$920M
0.0%
21.2%
$478M
$12.7B
$1.1B
Mar '23
$2.8B
-$136M
0.0%
21.3%
-$98M
$13.2B
$965M
Dec '22
$2.8B
-$148M
0.0%
17.3%
—
$13.1B
$1.0B
Sep '22
$2.9B
$52M
0.0%
22.8%
—
$13.3B
$944M
Jun '22
$2.8B
-$123M
0.0%
21.3%
—
$14.2B
$997M
Mar '22
$2.3B
-$680M
0.0%
-0.4%
—
$14.3B
$814M
Dec '21
$2.6B
-$434M
0.0%
4.7%
—
$14.3B
$1.1B
Sep '21
$2.7B
-$233M
0.0%
19.8%
—
$15.2B
$1.1B
Jun '21
$2.5B
$71M
0.0%
23.6%
—
$14.7B
$1.1B
Valuation over time
How the market has priced CZR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 10.8× (Jan '24) to 9.5× (Nov '24).
The price-to-sales ratio has fallen from 0.9× (Mar '23) to 0.5× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is CZR growing its revenue and profit?
Over the past 5 years, Caesars Entertainment, Inc.'s revenue has grown 25.9% per year. These are computed facts, not advice.
How much debt does CZR have?
As of FY2025, Caesars Entertainment, Inc. reported $11.9B of total debt against $887M of cash; operating income covered interest expense 0.8×.
What is CZR's profit margin?
In FY2025, gross margin was —, operating margin 16.2%, and net margin -3.8%.
What is CZR's P/E ratio?
As of Jun '26, Caesars Entertainment, Inc. traded at a price-to-earnings ratio of about 9.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.