Caesars Entertainment, Inc.

NASDAQ•CZR

CEO: Mr. Gary L. Carano

Sector: Consumer Cyclical

Industry: Gambling, Resorts & Casinos

Listing Date: 2014-09-22

Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.

Contact Information

100 West Liberty Street, 12th Floor, Reno, NV, 89501, United States

775-328-0100

www.caesars.com

Market Cap

$5.43B

P/E (TTM)

-10.8

18.1

Dividend Yield

52W High

$31.58

52W Low

$17.86

52W Range

64%

Rank54Top 78.1%

2.7

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 2.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$2.92B+0.00%

4-Quarter Trend

EPS

-$1.23+0.00%

4-Quarter Trend

FCF

$147.00M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Digital Revenue Growth Caesars Digital net revenues reached $1.408B, increasing 21.1% driven by higher iGaming handle and hold.

Regional Property Performance Regional net revenues improved 3.9% to $5.756B, supported by Caesars Virginia and New Orleans developments.

Lower Impairment Charges Impairment charges fell 39.7% to $182M in 2025, compared to $302M recorded in the prior year period.

Strong Digital Gaming Metrics iGaming handle grew 27.5% to $19.025B, while sports betting hold improved to 8.1% in 2025.

Risk Factors

Net Loss Widened Net loss attributable to Caesars increased to $(502)M in 2025 from $(211)M in 2024, impacting profitability.

Las Vegas Visitation Decline Las Vegas segment revenues dropped 5.3% to $4.049B due to lower city-wide visitation and unfavorable table games hold.

High Debt Service Burden Substantial $11.9B outstanding debt requires significant cash flow for interest and $1.4B annual rent payments in 2026.

Cybersecurity Incident Fallout Ongoing lawsuits and regulatory inquiries stem from the September 2023 Data Incident affecting loyalty program database members.

Outlook

Digital Footprint Expansion Expect continued growth in Caesars Digital segment as new jurisdictions legalize retail and online sports betting and iGaming.

Capital Expenditure Planning Estimated 2026 capital expenditures range from $625M to $725M, focusing on growth and maintenance projects.

Manage Labor Cost Pressures Focus remains on labor efficiencies across enterprise to manage incremental wage increases impacting operating expenses.

Debt Refinancing Strategy Expect to refinance or replace debt facilities when they mature, contingent upon commercially reasonable financing terms.

Peer Comparison

Revenue (TTM)

WHR

$15.53B

-6.5%

CZR

$11.49B

+2.1%

SLGN

$6.48B

+10.7%

Gross Margin (Latest Quarter)

HGV

89.1%

-94.2pp

CROX

54.7%

-1.1pp

RRR

51.5%

+1.4pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
RSI	$5.92B	61.5	27.5%	2.8%
CZR	$5.43B	-10.8	-13.2%	83.3%
MTN	$5.04B	18.9	53.0%	59.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

1.4%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 27, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data