Caesars Entertainment, Inc. (CZR)

Caesars Entertainment Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	10,159	9,999	10,185	9,550	8,518	3,274
Other Revenue	1,215	1,246	1,343	1,271	1,052	354
Revenue	11,374	11,245	11,528	10,821	9,570	3,628
Revenue Growth (YoY)	-0.15%	-2.46%	6.53%	13.07%	163.78%	43.51%
Cost of Revenue	5,555	5,419	5,395	5,401	4,647	1,846
Gross Profit	5,819	5,826	6,133	5,420	4,923	1,782
Selling, General & Admin	2,230	2,227	2,318	2,354	2,091	1,097
Operating Expenses	3,622	3,551	3,579	3,559	3,217	1,680
Operating Income	2,197	2,275	2,554	1,861	1,706	102
Interest Expense	-2,355	-2,377	-2,354	-2,277	-2,311	-1,212
Interest & Investment Income	20	11	12	12	16	10
Currency Exchange Gain (Loss)	-	-	-	-	23	-
Other Non Operating Income (Expenses)	-	-	10	46	-166	162
EBT Excluding Unusual Items	-138	-91	222	-358	-732	-938
Merger & Restructuring Charges	-	-	-	-	-68	-168
Impairment of Goodwill	-182	-182	-14	-78	-	-100
Gain (Loss) on Sale of Investments	-7	-	-	-	-55	14
Gain (Loss) on Sale of Assets	357	351	-	-	-	-
Asset Writedown	-2	-120	-81	-30	-102	-115
Other Unusual Items	-72	-82	-187	-137	-333	-299
Pretax Income	-44	-124	-60	-565	-1,269	-1,606
Income Tax Expense	86	87	-888	-41	-283	132
Earnings From Continuing Operations	-130	-211	828	-524	-986	-1,738
Earnings From Discontinued Operations	-	-	-	-386	-30	-20
Net Income to Company	-130	-211	828	-910	-1,016	-1,758
Minority Interest in Earnings	-65	-67	-42	11	-3	1
Net Income	-195	-278	786	-899	-1,019	-1,757
Net Income to Common	-195	-278	786	-899	-1,019	-1,757
Shares Outstanding (Basic)	212	215	215	214	211	130
Shares Outstanding (Diluted)	212	215	216	214	211	130
Shares Change (YoY)	-1.62%	-0.46%	0.94%	1.42%	62.31%	64.56%
EPS (Basic)	-0.92	-1.29	3.66	-4.20	-4.83	-13.52
EPS (Diluted)	-0.92	-1.29	3.64	-4.20	-4.83	-13.52
Free Cash Flow	65	-221	545	23	652	-746
Free Cash Flow Per Share	0.31	-1.03	2.52	0.11	3.09	-5.74
Gross Margin	51.16%	51.81%	53.20%	50.09%	51.44%	49.12%
Operating Margin	19.32%	20.23%	22.16%	17.20%	17.83%	2.81%
Profit Margin	-1.71%	-2.47%	6.82%	-8.31%	-10.65%	-48.43%
Free Cash Flow Margin	0.57%	-1.97%	4.73%	0.21%	6.81%	-20.56%
EBITDA	3,589	3,599	3,815	3,066	2,832	685
EBITDA Margin	31.55%	32.01%	33.09%	28.33%	29.59%	18.88%
D&A For EBITDA	1,392	1,324	1,261	1,205	1,126	583
EBIT	2,197	2,275	2,554	1,861	1,706	102
EBIT Margin	19.32%	20.23%	22.16%	17.20%	17.83%	2.81%
Revenue as Reported	11,374	11,245	11,528	10,821	9,570	3,628
Advertising Expenses	-	231	259	571	518	64

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q