CZR vs RRR vs LAWIL Stock Comparison

Caesars Entertainment, Red Rock Resorts and Light & Wonder Prices as of Nov 4, 2026 Peers: Industry group
RRR Red Rock Resorts, Inc.
$48.66 -4.7% 1M -10.0% 1Y
Market cap
$2.76B
P/E
16.4x
Revenue (TTM)
$2.00B
Div. yield
0.06%
Casinos Consumer Discretionary
4 wins
LAWIL Light & Wonder, Inc.
$92.45 +10.1% 1M
Market cap
$7.12B
P/E
26.4x
Revenue (TTM)
$3.33B
Div. yield
–
Casinos Consumer Discretionary
5 wins

Head to Head

11 decided of 12

Light & Wonder leads on 5 of the 12 questions below (Light & Wonder 5, Red Rock Resorts 4, Caesars Entertainment 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCZRRRRLAWILLeader
Larger companyMarket capitalisation $5.94B $2.76B $7.12B LAWIL
Cheaper on earningsLower P/E, profitable companies only -11.1x 16.4x 26.4x RRR
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 18.9x 12.5x LAWIL
Faster revenue growthRevenue growth, trailing twelve months +3.1% +0.9% +3.4% LAWIL
More profitableNet margin, trailing twelve months -4.5% 8.4% 8.7% LAWIL
Better return on capitalReturn on invested capital 11.4% 12.7% 9.6% RRR
Less leveragedLower net debt / EBITDA 3.3x 4.4x 4.3x CZR
Higher dividend yieldTrailing dividend yield 0.00% 0.06% — –
Better 1-year returnPrice return, last 12 months +46.7% -10.0% — CZR
Better 5-year returnAnnualised price return, 5 years -22.7%/yr -0.5%/yr — RRR
Less volatileAnnualised volatility, 1 year 39.7% 33.6% — RRR
Higher overall scoreMean of the five percentile scores vs peers 48/100 51/100 67/100 LAWIL

Percentile Scorecard

CZRRRRLAWIL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCZRRRRLAWIL
Valuation 93 #4 of 45 32 #31 of 45 55 #21 of 45
Growth 21 #34 of 43 52 #21 of 43 69 #14 of 43
Profitability 49 #22 of 42 90 #5 of 42 88 #6 of 42
Financial Health 36 #31 of 48 26 #36 of 48 47 #26 of 48
Shareholder Returns 39 #18 of 29 57 #13 of 29 79 #7 of 29
Overall 48 51 67
  • CZR ranked among 48 companies in Gaming and Leisure
  • RRR ranked among 48 companies in Gaming and Leisure
  • LAWIL ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCZRRRRLAWILSPY
1 month -1.0%-4.7%+10.1% -1.0%
3 months -2.5%-20.2%+12.7% -0.4%
6 months +5.8%-8.1%-9.4% +4.5%
Year to date +25.5%-21.5%— +12.4%
1 year +46.7%-10.0%— +13.6%
3 years -33.9%+15.4%— +76.4%
3 years, per year -12.9%+4.9%— +20.8%
5 years -72.4%-2.6%— +63.7%
5 years, per year -22.7%-0.5%— +10.4%
10 years +171.9%+124.7%— +267.7%
10 years, per year +10.5%+8.4%— +13.9%

Risk

MeasureCZRRRRLAWILSPY
Volatility, 1Y 39.7%33.6%— 12.8%
Downside volatility, 1Y 32.7%35.0%— 12.7%
Beta vs S&P 500, 1Y 0.540.45— 1.00
Return / volatility, 1Y 1.18-0.30— 1.06
Max drawdown, 5Y -83.0%-42.4%-19.6% -25.4%
From 52-week high -3.5%-27.7%-9.4% -1.6%
52-week high $30.41$67.26$102.00 $779.14
52-week low $18.14$48.42$82.00 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCZRRRRLAWIL
P/E now vs peer median -11.2xmedian 18.6x 16.7xmedian 18.6x 26.4xmedian 18.6x
P/S now vs peer median 0.5xmedian 1.9x 2.5xmedian 1.9x 2.1xmedian 1.9x
EV/EBITDA now vs peer median 5.2xmedian 10.9x 11.0xmedian 10.9x 10.7xmedian 10.9x
P/FCF now vs peer median 10.3xmedian 12.0x 26.5xmedian 12.0x 12.8xmedian 12.0x
P/B now vs peer median 1.7xmedian 2.5x 17.5xmedian 2.5x 16.8xmedian 2.5x
PEG now vs peer median 0.28median 0.60 1.74median 0.60 0.66median 0.60

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCZRRRRLAWIL
Revenue $11.72B $2.00B $3.33B
Gross profit $5.82B $1.25B $2.49B
Operating income $1.80B $554.72M $678.00M
Net income -$497.00M $320.78M $290.00M
Free cash flow $582.00M $193.01M $596.00M
R&D – – $244.00M
EPS (diluted) $-2.61 $2.87 $3.74
Cash & equivalents $864.00M $136.45M $139.00M
Total debt $11.56B $3.58B $4.98B
Shares (diluted) 204.00M 58.81M 77.50M
Enterprise value $2.35B $2.22B $6.42B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCZRRRRLAWIL
P/E -11.2x 16.7x 26.4x
P/FCF 10.3x 26.5x 12.8x
P/Operating cash flow 4.8x 8.2x 7.6x
P/S 0.5x 2.5x 2.1x
P/B 1.7x 17.5x 16.8x
P/Tangible book -12.2x 24.0x -26.9x
EV/EBITDA 5.2x 11.0x 10.7x
EV/EBIT 9.3x 15.4x 17.6x
EV/Revenue 1.4x 4.3x 3.6x
EV/FCF 28.7x 44.3x 20.1x
EV/Operating cash flow 13.4x 13.7x 12.8x
PEG (3Y EPS CAGR) 0.28 1.74 0.66

Growth

14 metrics
MetricCZRRRRLAWIL
Revenue growth (1Y) 3.1% 0.9% 3.4%
Revenue CAGR (3Y) 0.6% 5.9% 5.8%
Gross profit growth (1Y) 1.9% 1.2% 6.2%
Gross profit CAGR (3Y) -2.1% 4.7% 8.1%
Operating income growth (1Y) -18.0% -6.8% -11.8%
Operating income CAGR (3Y) -9.4% -4.0% 13.8%
Net income growth (1Y) -140.1% -4.9% -27.3%
Net income CAGR (3Y) -39.0% -9.0% 24.3%
EPS growth (1Y) -124.4% 67.0% -20.3%
EPS CAGR (3Y) -40.9% 9.6% 39.8%
Operating cash flow growth (1Y) -4.7% 10.4% 38.1%
Operating cash flow CAGR (3Y) -11.9% 7.6% 39.6%
Free cash flow growth (1Y) 53.2% -34.7% 53.2%
Free cash flow CAGR (3Y) -5.7% 37.0% 79.0%

Profitability

14 metrics
MetricCZRRRRLAWIL
Gross margin 49.7% 62.1% 74.7%
EBITDA margin 27.4% 38.8% 33.5%
Operating margin 15.4% 27.7% 20.3%
Pretax margin -4.1% 18.2% 11.3%
Net margin -4.5% 8.4% 8.7%
FCF margin 5.0% 9.6% 17.9%
Operating cash flow margin 10.6% 31.1% 28.1%
Return on equity -13.3% 118.9% 80.0%
Return on assets -1.5% 7.5% 4.6%
Return on invested capital 11.4% 12.7% 9.6%
Return on capital employed 6.1% 14.3% 12.0%
Asset turnover 0.4x 0.5x 0.5x
Cash conversion (OCF / net income) -2.5x 1.9x 3.2x
Stock comp / revenue 0.8% 1.7% 3.7%

Financial Health

11 metrics
MetricCZRRRRLAWIL
Debt / assets 36.8% 82.0% 78.8%
Debt / equity 3.4x 12.3x 11.8x
Net debt / EBITDA 3.3x 4.4x 4.3x
Debt / FCF 19.9x 18.5x 8.4x
Liabilities / assets 89.0% 93.3% 93.3%
Equity / assets 11.0% 6.7% 6.7%
Interest coverage – 2.8x –
Current ratio 0.8x 0.7x 1.7x
Quick ratio 0.6x 0.5x 1.1x
Cash ratio 0.4x 0.3x 0.2x
Altman Z-score – 1.65 1.81

Shareholder Returns

7 metrics
MetricCZRRRRLAWIL
Dividend yield – 4.2% –
Net buyback yield 3.0% 1.7% 9.3%
Shareholder yield 3.0% 5.9% 9.3%
Payout ratio (earnings) – 55.2% –
Payout ratio (FCF) – 91.8% –
Dividend growth (1Y) – 19.9% –
Dividend CAGR (3Y) – 18.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCZRRRRLAWIL
Forward P/E – 18.9xFY2026 12.5xFY2026
EPS, next fiscal year $-1.01FY2026 $2.58FY2026 $7.40FY2026
EPS growth, next FY – +41.0%FY2026 +10.6%FY2026
EPS growth, the year after – +20.2% +29.3%
Revenue, next fiscal year $11.36BFY2026 $1.96BFY2026 $3.61BFY2026
Revenue growth, next FY -1.1%FY2026 -2.3%FY2026 +8.9%FY2026
Revenue growth, the year after +9.7% +2.9% -5.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCZRRRRLAWIL
Held by institutions 96.6% 90.4% –
Institutions holding 417 246 –
Change in shares held, QoQ -4.0% +2.8% –
Institutions buying 208 123 –
Institutions selling 152 95 –
Buyers to sellers 1.37 1.29 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CZRRRRLAWIL
CZR 1.00 0.29 –
RRR 0.29 1.00 –
LAWIL – – –

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CZR, RRR and LAWIL?

Light & Wonder (LAWIL) is the largest by market capitalisation: Caesars Entertainment (CZR) $5.94B, Red Rock Resorts (RRR) $2.76B, Light & Wonder (LAWIL) $7.12B.

Which stock is cheaper, CZR, RRR and LAWIL?

Red Rock Resorts (RRR) trades on the lowest price-to-earnings ratio (Caesars Entertainment (CZR) -11.1x, Red Rock Resorts (RRR) 16.4x, Light & Wonder (LAWIL) 26.4x). On next year's consensus earnings, Light & Wonder (LAWIL) is cheapest (Red Rock Resorts (RRR) 18.9x, Light & Wonder (LAWIL) 12.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Light & Wonder (LAWIL) grew revenue fastest over the trailing twelve months: Caesars Entertainment (CZR) +3.1%, Red Rock Resorts (RRR) +0.9%, Light & Wonder (LAWIL) +3.4%.

Which company is more profitable?

Light & Wonder (LAWIL) has the highest net margin (Caesars Entertainment (CZR) -4.5%, Red Rock Resorts (RRR) 8.4%, Light & Wonder (LAWIL) 8.7%). On return on invested capital, Red Rock Resorts (RRR) leads (Caesars Entertainment (CZR) 11.4%, Red Rock Resorts (RRR) 12.7%, Light & Wonder (LAWIL) 9.6%).

Which stock has performed better?

Over the past year Caesars Entertainment (CZR) returned the most: Caesars Entertainment (CZR) +46.7%, Red Rock Resorts (RRR) -10.0%. Over five years, Red Rock Resorts (RRR) compounded fastest (Caesars Entertainment (CZR) -22.7%/yr, Red Rock Resorts (RRR) -0.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Caesars Entertainment (CZR) 0.00%, Red Rock Resorts (RRR) 0.06%. Caesars Entertainment (CZR) and Light & Wonder (LAWIL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Red Rock Resorts (RRR) has been the steadiest (Caesars Entertainment (CZR) 39.7%, Red Rock Resorts (RRR) 33.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CZR, RRR and LAWIL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Light & Wonder (LAWIL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.