financial statements

The full income statement, balance sheet, and cash-flow statement for Caesars Entertainment (CZR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	11.5B YoY+2.1%	11.2B YoY-2.5%	11.5B YoY+6.5%	10.8B YoY+13.1%	9.57B YoY+163.8%
Selling, general & administrative	1.93B YoY+0.3%	1.92B YoY-4.6%	2.01B YoY-2.7%	2.07B YoY+16.0%	1.78B YoY+97.6%
General & administrative	1.93B YoY+0.3%	1.92B YoY-4.6%	2.01B YoY-2.7%	2.07B YoY+16.0%	1.78B YoY+97.6%
Amortization of intangibles	133M YoY-1.5%	135M YoY-6.3%	144M YoY-23.0%	187M YoY+34.5%	139M YoY+148.2%
Provision for credit losses	43.0M YoY-12.2%	49.0M YoY+19.5%	41.0M YoY+64.0%	25.0M YoY-3.8%	26.0M YoY-10.3%
Operating income	1.86B YoY-19.4%	2.30B YoY-6.8%	2.47B YoY+42.2%	1.74B YoY+19.1%	1.46B YoY+481.2%
Interest expense	2.33B YoY-4.5%	2.44B YoY+1.8%	2.39B YoY+4.0%	2.30B YoY-0.7%	2.32B YoY+91.3%
Interest & investment income	20.0M YoY+81.8%	11.0M YoY-8.3%	12.0M YoY+0.0%	12.0M YoY-25.0%	16.0M YoY+60.0%
Other non-operating income	2.00M YoY-92.6%	27.0M YoY+170.0%	10.0M YoY-78.3%	46.0M YoY+123.2%	-198M YoY-212.5%
Pre-tax income	-448M YoY-261.3%	-124M YoY-106.7%	-60.0M YoY+89.4%	-565M YoY+55.5%	-1.27B YoY+21.0%
Income tax	-11.0M YoY-112.6%	87.0M YoY+109.8%	-888M YoY-2065.9%	-41.0M YoY+85.5%	-283M YoY-314.4%
	-437M YoY-107.1%	-211M YoY-125.5%	828M YoY+191.0%	-910M YoY+10.4%	-1.02B YoY+42.2%
Income from continuing operations	—	-278M YoY-135.4%	786M YoY+253.2%	-513M YoY+48.1%	-989M YoY+43.1%
Net income to non-controlling interest	65.0M YoY-3.0%	67.0M YoY+59.5%	42.0M YoY+481.8%	-11.0M YoY-466.7%	3.00M YoY+400.0%
	-$2.42 YoY-87.6%	-$1.29 YoY-135.4%	$3.64 YoY+186.9%	-$4.19 YoY+13.3%	-$4.83 YoY+64.2%
EPS (basic)	-$2.42 YoY-87.6%	-$1.29 YoY-135.3%	$3.65 YoY+187.1%	-$4.19 YoY+13.3%	-$4.83 YoY+64.2%
Weighted-avg shares (basic)	208M YoY-3.3%	215M YoY+0.0%	215M YoY+0.5%	214M YoY+1.4%	211M YoY+62.3%
Weighted-avg shares (diluted)	208M YoY-3.3%	215M YoY-0.5%	216M YoY+0.9%	214M YoY+1.4%	211M YoY+62.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.80B YoY+3.2%	1.75B YoY-14.6%	2.04B YoY-2.7%	2.10B YoY-64.8%	5.96B YoY-1.6%
Cash & equivalents	887M YoY+2.4%	866M YoY-13.8%	1.00B YoY-3.2%	1.04B YoY-3.0%	1.07B YoY-39.8%
Short-term investments	36.1M YoY+0.0%	36.1M YoY+0.0%	36.1M YoY+0.0%	36.1M YoY+0.0%	36.1M YoY+0.0%
Accounts receivable	476M YoY+1.3%	470M YoY-22.7%	608M YoY-0.5%	611M YoY+29.4%	472M YoY+38.0%
Inventory	43.0M YoY-4.4%	45.0M YoY-2.2%	46.0M YoY-22.0%	59.0M YoY+40.5%	42.0M YoY-4.5%
Prepaid expenses	312M YoY+15.1%	271M YoY+2.7%	264M YoY+0.4%	263M YoY-9.3%	290M YoY+14.6%
	31.6B YoY-2.9%	32.6B YoY-2.3%	33.4B YoY-0.5%	33.5B YoY-11.8%	38.0B YoY+4.5%
Property, plant & equipment	14.6B YoY+0.0%	14.6B YoY+0.0%	14.6B YoY+0.0%	14.6B YoY-0.1%	14.6B YoY-0.9%
Operating lease right-of-use	604M YoY+0.0%	604M YoY-2.9%	622M YoY-2.7%	639M YoY-3.5%	662M YoY+44.9%
Goodwill	10.4B YoY-1.5%	10.6B YoY-3.5%	11.0B YoY-0.1%	11.0B YoY-0.7%	11.1B YoY+12.3%
Intangible assets	3.98B YoY-3.6%	4.13B YoY-8.6%	4.52B YoY-4.1%	4.71B YoY-4.2%	4.92B YoY+14.9%
Deferred tax assets	67.0M YoY+8.1%	62.0M YoY+31.9%	47.0M	0.00 YoY-100.0%	1.00M YoY+0.0%
Other non-current assets	852M YoY-22.8%	1.10B YoY+30.2%	848M YoY-16.5%	1.01B YoY-22.6%	1.31B YoY+3.6%
	2.25B YoY-0.8%	2.27B YoY-15.5%	2.69B YoY+0.8%	2.67B YoY-49.6%	5.30B YoY+110.8%
Accounts payable	297M YoY+0.3%	296M YoY-27.5%	408M YoY+29.9%	314M YoY+23.6%	254M YoY+52.1%
Deferred revenue	546M YoY-7.8%	592M YoY-21.0%	749M YoY+0.3%	747M YoY+21.7%	614M YoY+144.6%
Short-term & current debt	114M YoY+4.6%	109M YoY+67.7%	65.0M YoY-39.8%	108M YoY+54.3%	70.0M YoY+4.5%
Current lease liability	20.0M YoY-4.8%	21.0M YoY-8.7%	23.0M YoY-54.0%	50.0M YoY+2.0%	49.0M YoY-7.5%
Other current liabilities	384M YoY+11.6%	344M YoY+0.6%	342M YoY-15.3%	404M YoY+31.2%	308M YoY+6.6%
	28.0B YoY-0.9%	28.2B YoY-1.5%	28.6B YoY-3.8%	29.8B YoY-11.1%	33.5B YoY+6.8%
Long-term debt	11.7B YoY-3.0%	12.0B YoY-1.6%	12.2B YoY-3.4%	12.7B YoY-7.7%	13.7B YoY-2.5%
Non-current lease liability	722M YoY+0.8%	716M YoY-1.6%	728M YoY+2.5%	710M YoY-2.2%	726M YoY+40.7%
Deferred tax liabilities	58.0M YoY-55.4%	130M YoY+27.5%	102M YoY-89.7%	987M YoY-11.2%	1.11B YoY-4.7%
Other non-current liabilities	876M YoY-0.5%	880M YoY+1.0%	871M YoY+2.2%	852M YoY-9.0%	936M YoY-28.2%
	3.50B YoY-15.7%	4.16B YoY-8.7%	4.55B YoY+22.6%	3.71B YoY-17.1%	4.48B YoY-10.7%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	0.00	0.00	0.00	0.00	0.00
Additional paid-in capital	6.71B YoY-2.2%	6.86B YoY-2.0%	7.00B YoY+0.7%	6.95B YoY+1.1%	6.88B YoY+7.8%
Retained earnings	-3.30B YoY-17.9%	-2.80B YoY-11.0%	-2.52B YoY+23.8%	-3.31B YoY-37.3%	-2.41B YoY-73.3%
Treasury stock	0.00	0.00 YoY-100.0%	23.0M YoY+0.0%	23.0M YoY+0.0%	23.0M YoY+155.6%
Accumulated other comprehensive income	98.0M YoY+2.1%	96.0M YoY-1.0%	97.0M YoY+5.4%	92.0M YoY+155.6%	36.0M YoY+5.9%
Non-controlling interest	182M YoY-16.9%	219M YoY+30.4%	168M YoY+342.1%	38.0M YoY-37.7%	61.0M YoY+238.9%
Total equity incl. non-controlling	3.69B YoY-15.8%	4.38B YoY-7.3%	4.72B YoY+25.8%	3.75B YoY-17.4%	4.54B YoY-9.8%
Total liabilities & equity	31.6B YoY-2.9%	32.6B YoY-2.3%	33.4B YoY-0.5%	33.5B YoY-11.8%	38.0B YoY+4.5%
Common shares issued	203M YoY-4.1%	211M YoY-2.1%	216M YoY+0.5%	215M YoY+0.4%	214M YoY+2.8%
Common shares outstanding	203M YoY-4.1%	211M YoY-2.1%	216M YoY+0.5%	215M YoY+0.4%	214M YoY+2.8%
Shares outstanding (cover)	204M YoY-3.9%	212M YoY-1.5%	216M YoY+0.5%	215M YoY+0.4%	214M YoY+2.6%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.30B YoY+21.1%	1.07B YoY-40.6%	1.81B YoY+82.2%	993M YoY-17.2%	1.20B YoY+313.7%
Depreciation & amortization	1.42B YoY+7.0%	1.32B YoY+5.0%	1.26B YoY+4.6%	1.21B YoY+7.0%	1.13B YoY+93.1%
Change in receivables	53.0M YoY+161.6%	-86.0M YoY-204.9%	82.0M YoY-42.7%	143M YoY+5.9%	135M YoY+92.9%
	-571M YoY+18.9%	-704M YoY+43.9%	-1.26B	—	—
Capital expenditure	805M YoY-37.9%	1.30B YoY+2.5%	1.26B YoY+32.8%	952M YoY+83.1%	520M YoY+217.1%
Other investing activities	5.00M	0.00 YoY+100.0%	-36.0M YoY-700.0%	6.00M	0.00 YoY+100.0%
	-763M YoY-53.2%	-498M YoY+30.2%	-713M YoY+44.4%	-1.28B	—
Common stock issued	—	0.00	0.00 YoY-100.0%	1.00M YoY-66.7%	3.00M YoY-99.9%
Common stock repurchased	229M YoY+19.9%	191M	0.00	0.00	—
Net change in cash	-32.0M YoY+74.8%	-127M YoY+20.6%	-160M YoY+77.7%	-718M YoY+68.2%	-2.26B YoY-155.6%
Interest paid	813M YoY-22.7%	1.05B YoY+24.3%	846M YoY+5.1%	805M YoY-3.1%	831M YoY-6.8%
Income taxes paid	81.0M YoY+68.8%	48.0M YoY+84.6%	26.0M YoY+18.2%	22.0M YoY+144.4%	9.00M YoY+228.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	4.77B YoY-32.8%	7.10B YoY-29.8%	10.1B YoY+13.3%	8.93B YoY-55.4%	20.0B YoY+29.3%
P/E	—	—	14.4×	—	—
P/S	0.4× YoY-34.2%	0.6× YoY-27.9%	0.9× YoY+4.0%	0.8× YoY-59.7%	2.1× YoY-51.0%
P/B	1.4× YoY-20.2%	1.7× YoY-22.1%	2.2× YoY-5.7%	2.3× YoY-47.9%	4.5× YoY+44.7%
P/FCF	9.6×	—	14.5×	—	29.4×
Earnings yield	—	—	6.9%	—	—
FCF yield	10.4%	—	6.9%	—	3.4%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: CZR's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CZR filings on SEC EDGAR → Not investment advice.

CZR▼ financial statements

About this data

financial statements