Caesars Entertainment (CZR) Divestments (2020 - 2022)
Caesars Entertainment (CZR) posted Divestments of $468.0 million for Q3 2022, up 1188.37% on a QoQ basis from -$43.0 million in Q2 2022, and up 187.15% year-over-year from $163.0 million in Q3 2021.
Analysis
Caesars Entertainment (CZR) Divestments (2020 - 2022) Analysis & Trends
Caesars Entertainment has reported Divestments for 3 years, with the latest figure at $468.0 million in Q3 2022.
- On a quarterly basis, Divestments rose 187.15% year-over-year to $468.0 million in Q3 2022; TTM through Jun 2023 was $468.0 million, a 173.01% increase from a year earlier, with the FY2022 full-year figure at $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.
- The five-year high for Divestments was $468.0 million in Q3 2022, with the low at -$916.0 million in Q2 2021.
- Average Divestments over 3 years is -$136.8 million, with a median of -$30.5 million recorded in 2021.
- The sharpest annual moves came in 2021 and 2022: Divestments sank 17800.0% in 2021, then jumped 187.15% in 2022.
- Over 3 years, Divestments stood at -$2.0 million in 2020, then plunged by 1000.0% to -$22.0 million in 2021, then surged 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.02 Bn | 24.64 Bn | 1.81 Bn | - |
| 2 | MGM Resorts International | 10.39 Bn | 7.85 Bn | 3.10 Bn | 506.05 Mn |
| 3 | Wynn Resorts | 9.15 Bn | 7.57 Bn | 1.14 Bn | - |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | - |
| 5 | Churchill Downs | 5.77 Bn | 5.57 Bn | 712.00 Mn | - |
| 6 | Boyd Gaming | 5.62 Bn | 5.30 Bn | 766.76 Mn | - |
| 7 | Red Rock Resorts | 3.16 Bn | 2.56 Bn | 420.02 Mn | - |
| 8 | PENN Entertainment | 2.25 Bn | 1.36 Bn | 1.02 Bn | - |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn | - |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | - |
Historic Data
Download Data
Historic 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 |