Caesars Entertainment, Inc.
CZR- Exchange
- Nasdaq
- Industry
- Hotels & Motels
- SEC CIK
- 0001590895
In the last 90 days, Caesars Entertainment, Inc. insiders filed 1 open-market purchase and 5 sales; 416 institutions reported holding it in 13F filings for Q2 2026, worth $5.94B in total; superinvestors Icahn Capital and Soros Fund Management hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 28, 2026, 12:34 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $502.0M (4.4% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 25, 2025 | Jan 24, 2024 | Jan 24, 2023 | Feb 22, 2022 |
| Revenue | $11.5B | $11.2B | $11.5B | $10.8B | $9.57B |
| Selling, general and administrative | $1.93B | $1.92B | $2.01B | $2.07B | $1.78B |
| Operating income | $1.86B | $2.30B | $2.47B | $1.74B | $1.46B |
| Interest expense | $2.33B | $2.44B | $2.39B | $2.30B | $2.29B |
| Income tax | -$11.0M | $87.0M | -$888.0M | -$41.0M | -$283.0M |
| Net income | -$502.0M | -$278.0M | $786.0M | -$899.0M | -$1.02B |
| EPS, basic | $-2.42 | $-1.29 | $3.65 | $-4.19 | $-4.83 |
| EPS, diluted | $-2.42 | $-1.29 | $3.64 | $-4.19 | $-4.83 |
| Weighted shares, basic | 208.0M | 215.0M | 215.0M | 214.0M | 211.0M |
| Weighted shares, diluted | 208.0M | 215.0M | 216.0M | 214.0M | 211.0M |
| Margins and growth | |||||
| Operating margin | 16.2% | 20.5% | 21.4% | 16.1% | 15.3% |
| Net margin | -4.4% | -2.5% | 6.8% | -8.3% | -10.6% |
| Revenue growth, year over year | +2.1% | −2.5% | +6.5% | +13.1% | +175.5% |
| Net income growth, year over year | – | −135.4% | – | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 25, 2025 | Jan 24, 2024 | Jan 24, 2023 | Feb 22, 2022 |
| Cash and equivalents | $887.0M | $866.0M | $1.00B | $1.04B | $1.07B |
| Accounts receivable | $476.0M | $470.0M | $608.0M | $611.0M | $472.0M |
| Inventory | $43.0M | $45.0M | $46.0M | $59.0M | $42.0M |
| Total current assets | $1.80B | $1.75B | $2.04B | $2.10B | $5.96B |
| Goodwill | $10.4B | $10.6B | $11.0B | $11.0B | $11.1B |
| Intangible assets | $3.98B | $4.13B | $4.52B | $4.71B | $4.92B |
| Total assets | $31.6B | $32.6B | $33.4B | $33.5B | $38.0B |
| Accounts payable | $297.0M | $296.0M | $408.0M | $314.0M | $254.0M |
| Short-term debt | $114.0M | $109.0M | $65.0M | $108.0M | $70.0M |
| Total current liabilities | $2.25B | $2.27B | $2.69B | $2.67B | $5.30B |
| Long-term debt | $11.7B | $12.0B | $12.2B | $12.7B | $13.7B |
| Total liabilities | $28.0B | $28.2B | $28.6B | $29.8B | $33.5B |
| Shareholders' equity | $3.69B | $4.38B | $4.72B | $3.75B | $4.54B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 25, 2025 | Jan 24, 2024 | Jan 24, 2023 | Feb 22, 2022 |
| Operating cash flow | $1.30B | – | – | – | – |
| Capital expenditures | $805.0M | $1.30B | $1.26B | $952.0M | $520.0M |
| Free cash flow | $497.0M | – | – | – | – |
| Depreciation and amortization | $1.42B | $1.32B | $1.26B | $1.21B | $1.13B |
| Stock-based compensation | $95.0M | $94.0M | $104.0M | $101.0M | $82.0M |
| Share buybacks | $229.0M | $191.0M | – | – | – |
| Investing cash flow | -$571.0M | – | – | – | – |
| Financing cash flow | -$763.0M | -$498.0M | – | – | – |
| Net change in cash | -$32.0M | -$127.0M | -$160.0M | -$718.0M | -$2.26B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.8% | 0.8% | 0.9% | 0.9% | 0.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 22, 2026 | 203.8M | −0.1% | SEC |
| Jul 23, 2026 | 203.7M | −2.1% | SEC |
| Apr 23, 2026 | 203.7M | −2.1% | SEC |
| Feb 12, 2026 | 203.5M | −4.0% | SEC |
| Oct 23, 2025 | 204.1M | −3.9% | SEC |
| Jul 24, 2025 | 208.0M | −3.9% | SEC |
| Apr 24, 2025 | 208.0M | −3.9% | SEC |
| Feb 20, 2025 | 212.0M | −2.0% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.