Caesars (CZR) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
11.2B
Gross Profit
5.8B
51.81%
Operating Income
2.3B
20.23%
Net Income
-211.0M
-1.88%
EPS (Diluted)
-$1.29
Balance Sheet Metrics
Total Assets
32.6B
Total Liabilities
28.2B
Shareholders Equity
4.4B
Debt to Equity
6.45
Cash Flow Metrics
Operating Cash Flow
1.0B
Free Cash Flow
-236.0M
Revenue & Profitability Trend
Caesars Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 11.2B | 11.5B | 10.8B | 9.6B | 3.6B |
| Cost of Goods Sold | 5.4B | 5.4B | 5.4B | 4.6B | 1.8B |
| Gross Profit | 5.8B | 6.1B | 5.4B | 4.9B | 1.8B |
| Operating Expenses | 2.2B | 2.3B | 2.4B | 2.1B | 1.1B |
| Operating Income | 2.3B | 2.6B | 1.9B | 1.7B | 102.0M |
| Pre-tax Income | -124.0M | -60.0M | -565.0M | -1.3B | -1.6B |
| Income Tax | 87.0M | -888.0M | -41.0M | -283.0M | 132.0M |
| Net Income | -211.0M | 828.0M | -910.0M | -1.0B | -1.8B |
| EPS (Diluted) | -$1.29 | $3.64 | -$4.19 | -$4.83 | -$13.50 |
Income Statement Trend
Caesars Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.7B | 2.0B | 2.1B | 6.0B | 6.1B |
| Non-Current Assets | 30.8B | 31.3B | 31.4B | 32.1B | 30.3B |
| Total Assets | 32.6B | 33.4B | 33.5B | 38.0B | 36.4B |
| Liabilities | |||||
| Current Liabilities | 2.3B | 2.7B | 2.7B | 5.3B | 2.5B |
| Non-Current Liabilities | 25.9B | 26.0B | 27.1B | 28.2B | 28.8B |
| Total Liabilities | 28.2B | 28.6B | 29.8B | 33.5B | 31.4B |
| Equity | |||||
| Total Shareholders Equity | 4.4B | 4.7B | 3.8B | 4.5B | 5.0B |
Balance Sheet Composition
Caesars Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -211.0M | 828.0M | -910.0M | -1.0B | -1.8B |
| Operating Cash Flow | 1.0B | 1.4B | 804.0M | 678.0M | -832.0M |
| Investing Activities | |||||
| Capital Expenditures | -742.0M | -1.3B | -952.0M | -520.0M | -164.0M |
| Investing Cash Flow | -728.0M | -1.2B | -757.0M | -1.1B | -6.1B |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -498.0M | -713.0M | -1.3B | -1.1B | 10.6B |
| Free Cash Flow | -236.0M | 515.0M | 12.0M | 340.0M | -781.0M |
Cash Flow Trend
Caesars Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
10.42
Forward P/E
22.08
Price to Book
1.55
Price to Sales
0.55
PEG Ratio
22.08
Profitability Ratios
Profit Margin
-2.08%
Operating Margin
17.54%
Return on Equity
-3.77%
Return on Assets
4.34%
Financial Health
Current Ratio
0.84
Debt to Equity
606.80
Beta
2.31
Per Share Data
EPS (TTM)
-$1.09
Book Value per Share
$19.12
Revenue per Share
$52.79
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| czr | 6.2B | 10.42 | 1.55 | -3.77% | -2.08% | 606.80 |
| Las Vegas Sands | 35.1B | 27.72 | 12.99 | 44.69% | 11.64% | 456.68 |
| Wynn Resorts | 11.6B | 29.70 | -10.72 | -51.73% | 6.17% | -11.06 |
| Boyd Gaming | 6.7B | 13.42 | 4.97 | 35.55% | 13.96% | 311.84 |
| Vail Resorts | 6.1B | 20.96 | 6.83 | 24.16% | 9.81% | 238.86 |
| Red Rock Resorts | 5.8B | 21.54 | 13.44 | 107.68% | 8.01% | 921.45 |
Financial data is updated regularly. All figures are in the company's reporting currency.