Caesars Entertainment (CZR) Divestments (2020 - 2022)
Caesars Entertainment (CZR) recorded quarterly Divestments of $468.0 million in Q3 2022, up 1188.37% quarter-over-quarter from -$43.0 million in Q2 2022, and up 187.15% on a YoY basis from $163.0 million in Q3 2021.
Caesars Entertainment (CZR) Divestments (2020 - 2022) Analysis & Trends
Caesars Entertainment's Divestments history runs 3 years deep, the most recent figure standing at $468.0 million for Q3 2022.
- In Q3 2022, Divestments rose 187.15% year-over-year to $468.0 million; the TTM figure through Jun 2023 stood at $468.0 million (up 173.01% YoY), while the FY2022 annual figure was $386.0 million, up 126.17% from the prior year.
- Divestments was $468.0 million for Q3 2022 at Caesars Entertainment, up from -$43.0 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $468.0 million in Q3 2022 to a low of -$916.0 million in Q2 2021.
- Historically, Divestments has averaged -$136.8 million across 3 years, with a median of -$30.5 million in 2021.
- The sharpest annual moves came in 2021 and 2022: Divestments slumped 17800.0% in 2021, then soared 187.15% in 2022.
- A 3-year view of Divestments shows it stood at -$2.0 million in 2020, then sank by 1000.0% to -$22.0 million in 2021, then jumped by 2227.27% to $468.0 million in 2022.
- The last three Divestments figures came in at $468.0 million (Q3 2022), -$43.0 million (Q2 2022), and -$39.0 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | - |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | - |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | - |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | - |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | - |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 50.00 Mn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | - |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 468.00 Mn |
| Jun 30, 2022 | -43.00 Mn |
| Mar 31, 2022 | -39.00 Mn |
| Dec 31, 2021 | -22.00 Mn |
| Sep 30, 2021 | -537.00 Mn |
| Jun 30, 2021 | -916.00 Mn |
| Dec 31, 2020 | -2.00 Mn |
| Sep 30, 2020 | -3.00 Mn |