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
DateValue
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