Caesars Entertainment (CZR)
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About
Business overview of Caesars Entertainment (CZR)
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
Key Insights
Critical company metrics and information
Share Price
$38.12Market Cap
$8.10 BillionTotal Outstanding Shares
212.48 Million SharesTotal Employees
51,000Dividend
No dividendIPO Date
September 19, 2014SIC Description
Hotels & MotelsHomepage
https://www.caesars.com
Historical Stock Splits
Execution Date | Split Amount |
---|---|
No Historical Stock Splits |
Cash Flow Statement
October 1, 2023 to September 30, 2024
Metric | Value |
---|---|
Net Cash Flow From Investing Activities, Continuing | $-1.35 Billion |
Net Cash Flow, Continuing | $-89.00 Million |
Net Cash Flow From Financing Activities, Continuing | $-9.00 Million |
Net Cash Flow From Operating Activities, Continuing | $1.27 Billion |
Net Cash Flow From Operating Activities | $1.27 Billion |
Net Cash Flow From Financing Activities | $-9.00 Million |
Net Cash Flow From Investing Activities | $-1.35 Billion |
Net Cash Flow | $-89.00 Million |
Income Statement
October 1, 2023 to September 30, 2024
Metric | Value |
---|---|
Income/Loss From Continuing Operations Before Tax | $1.59 Billion |
Net Income/Loss Attributable To Parent | $-361.00 Million |
Nonoperating Income/Loss | $-2.38 Billion |
Basic Earnings Per Share | $1.68 |
Income/Loss From Continuing Operations After Tax | $-291.00 Million |
Income Tax Expense/Benefit | $84.00 Million |
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0.00 |
Operating Expenses | $9.10 Billion |
Other Operating Expenses | $7.80 Billion |
Operating Income/Loss | $2.17 Billion |
Diluted Earnings Per Share | $1.67 |
Depreciation and Amortization | $1.30 Billion |
Net Income/Loss Attributable To Noncontrolling Interest | $70.00 Million |
Net Income/Loss Available To Common Stockholders, Basic | $-361.00 Million |
Revenues | $11.27 Billion |
Preferred Stock Dividends And Other Adjustments | $0.00 |
Net Income/Loss | $-291.00 Million |
Diluted Average Shares | $216.00 Million |
Benefits Costs and Expenses | $11.63 Billion |
Costs And Expenses | $9.10 Billion |
Basic Average Shares | $216.00 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
Metric | Value |
---|---|
Liabilities | $28.59 Billion |
Noncurrent Liabilities | $26.32 Billion |
Accounts Payable | $268.00 Million |
Intangible Assets | $4.21 Billion |
Current Assets | $1.90 Billion |
Equity | $4.38 Billion |
Other Current Assets | $1.37 Billion |
Other Non-current Liabilities | $13.62 Billion |
Long-term Debt | $12.70 Billion |
Assets | $32.97 Billion |
Current Liabilities | $2.27 Billion |
Inventory | $43.00 Million |
Equity Attributable To Parent | $4.18 Billion |
Other Current Liabilities | $2.00 Billion |
Noncurrent Assets | $31.07 Billion |
Other Non-current Assets | $26.86 Billion |
Equity Attributable To Noncontrolling Interest | $206.00 Million |
Prepaid Expenses | $485.00 Million |
Liabilities And Equity | $32.97 Billion |
Historical Dividends
Announcement Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
No historical dividends |
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