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

    $38.12
  • Market Cap

    $8.10 Billion
  • Total Outstanding Shares

    212.48 Million Shares
  • Total Employees

    51,000
  • Dividend

    No dividend
  • IPO Date

    September 19, 2014
  • SIC Description

    Hotels & Motels
  • Homepage

    https://www.caesars.com

Historical Stock Splits

Execution DateSplit Amount
No Historical Stock Splits

Cash Flow Statement

October 1, 2023 to September 30, 2024
MetricValue
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
MetricValue
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
MetricValue
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 DatePayment DateRecord DateAmountFrequency
No historical dividends

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