Caesars Entertainment (CZR) EBITDA Margin (2013 - 2026)
Caesars Entertainment's EBITDA Margin came in at 29.00% for Q2 2026, down 1.61 percentage points from 30.62% a year earlier and down 0.51 percentage points from the prior quarter.
Caesars Entertainment (CZR) EBITDA Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Caesars Entertainment reported EBITDA Margin of 27.94%, down 4.75 percentage points year-over-year; for FY2025, it was 28.51%, down 3.75 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +23.00 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 32.26% in FY2024 (-0.12 pp), 32.38% in FY2023 (+5.18 pp), 27.21% in FY2022 (+0.18 pp) and 27.02% in FY2021 (+21.51 pp).
- The five-year range for quarterly EBITDA Margin is 12.65% (Q1 2022) to 36.23% (Q4 2024).
- Year-over-year, EBITDA Margin has declined for four consecutive quarters, with an average year-over-year change of -1.54 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q3 2021 (a gain of 23.58 percentage points), and the weakest in Q1 2022 (a drop of 14.19 percentage points).
- Business Quant data shows CZR's EBITDA Margin at 29.51% (Q1 2026), 23.15% (Q4 2025) and 30.15% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 31.36% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 0.84% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 5.89% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 11.82% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 26.91% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 24.93% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 17.66% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 29.00% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 19.44% |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 42.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.00% |
| Mar 31, 2026 | 29.51% |
| Dec 31, 2025 | 23.15% |
| Sep 30, 2025 | 30.15% |
| Jun 30, 2025 | 30.62% |
| Mar 31, 2025 | 30.24% |
| Dec 31, 2024 | 36.23% |
| Sep 30, 2024 | 33.75% |
| Jun 30, 2024 | 29.40% |
| Mar 31, 2024 | 29.61% |
| Dec 31, 2023 | 30.23% |
| Sep 30, 2023 | 34.87% |
| Jun 30, 2023 | 32.37% |
| Mar 31, 2023 | 31.91% |
| Dec 31, 2022 | 27.76% |
| Sep 30, 2022 | 33.36% |
| Jun 30, 2022 | 32.19% |
| Mar 31, 2022 | 12.65% |
| Dec 31, 2021 | 15.67% |
| Sep 30, 2021 | 30.09% |
Caesars Entertainment EBITDA Margin 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-margin&ticker=CZR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();