Caesars Entertainment (CZR) EBITDA (2013 - 2026)
Caesars Entertainment (CZR) recorded EBITDA of $823 million in Q3 2026, down 4.9% from $865 million a year earlier and down 5.2% from the prior quarter.
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Analysis
Caesars Entertainment (CZR) EBITDA (2013 - 2026) Analysis & Trends
On a TTM basis, Caesars Entertainment's EBITDA came in at $3.21 billion as of Sep 30, 2026, down 11.1% year-over-year; for FY2025, it came in at $3.28 billion, down 9.7% from FY2024.
- Annual EBITDA has a five-year compound annual growth rate of 61.9% (FY2020 to FY2025).
- Across earlier years, EBITDA came in at $3.63 billion in FY2024 (-2.8%), $3.73 billion in FY2023 (+26.8%), $2.94 billion in FY2022 (+6.6%) and $2.76 billion in FY2021 (+839.8%).
- Quarterly EBITDA has ranged from $290 million in Q1 2022 to $1.04 billion in Q3 2023 over the past five years.
- On a year-over-year basis, EBITDA rose in four of the last eight quarters, with an average decline of 2.7%.
- Peak year-over-year performance for EBITDA in the last five years was growth of 211.4% in Q1 2023, against a decline of 39.7% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $868 million (Q2 2026), $847 million (Q1 2026) and $675 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn | 994.00 Mn |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn | -786.00 Mn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 243.96 Mn |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn | 12.17 Mn |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn | 356.11 Mn |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn | 401.29 Mn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | 32.94 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 347.00 Mn |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn | 204.00 Mn |
| 10 | Caesars Entertainment | 5.97 Bn | 2.39 Bn | 1.44 Bn | 823.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 823.00 Mn |
| Jun 30, 2026 | 868.00 Mn |
| Mar 31, 2026 | 847.00 Mn |
| Dec 31, 2025 | 675.00 Mn |
| Sep 30, 2025 | 865.00 Mn |
| Jun 30, 2025 | 890.00 Mn |
| Mar 31, 2025 | 845.00 Mn |
| Dec 31, 2024 | 1.01 Bn |
| Sep 30, 2024 | 970.00 Mn |
| Jun 30, 2024 | 832.00 Mn |
| Mar 31, 2024 | 812.00 Mn |
| Dec 31, 2023 | 854.00 Mn |
| Sep 30, 2023 | 1.04 Bn |
| Jun 30, 2023 | 932.00 Mn |
| Mar 31, 2023 | 903.00 Mn |
| Dec 31, 2022 | 783.00 Mn |
| Sep 30, 2022 | 963.00 Mn |
| Jun 30, 2022 | 908.00 Mn |
| Mar 31, 2022 | 290.00 Mn |
| Dec 31, 2021 | 406.00 Mn |
API Access
Caesars Entertainment EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=CZR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "CZR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();