Caesars Entertainment (CZR) Divestments (2020 - 2022)
Caesars Entertainment's (CZR) quarterly Divestments came in at $468.0 million in Q3 2022, up 187.15% year-on-year from $163.0 million in Q3 2021, and up 1188.37% quarter-over-quarter from -$43.0 million in Q2 2022.
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.
- 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 grew to $468.0 million in Q3 2022 per CZR's latest filing, from -$43.0 million in the prior quarter.
- Across five years, Divestments topped out at $468.0 million in Q3 2022 and bottomed at -$916.0 million in Q2 2021.
- The 3-year median for Divestments is -$30.5 million (2021), against an average of -$136.8 million.
- Across the five-year window, Divestments slumped 17800.0% in 2021 and surged 187.15% in 2022, its largest moves.
- Year by year, Divestments stood at -$2.0 million in 2020, then tumbled by 1000.0% to -$22.0 million in 2021, then jumped by 2227.27% to $468.0 million in 2022.
- Per Business Quant, the three latest CZR Divestments figures stand at $468.0 million (Q3 2022), -$43.0 million (Q2 2022), and -$39.0 million (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | - |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 610,000.00 |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | - |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | - |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | - |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | - |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | - |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 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 |