Caesars Entertainment (CZR) EBT Margin (2013 - 2026)
Caesars Entertainment's EBT Margin was -1.77% in Q2 2026, up 0.02 percentage points from -1.79% a year earlier and up 0.70 percentage points from the prior quarter.
Caesars Entertainment (CZR) EBT Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Caesars Entertainment's EBT Margin was -3.72% through Jun 30, 2026, down 3.33 percentage points year-over-year; for FY2025, it was -3.90%, down 2.80 percentage points from FY2024.
- EBT Margin shows a five-year change of +40.37 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was -1.10% in FY2024 (-0.58 pp), -0.52% in FY2023 (+4.70 pp), -5.22% in FY2022 (+8.04 pp) and -13.26% in FY2021 (+31.01 pp).
- The Q2 2026 figure marks the highest quarterly EBT Margin since Q4 2024.
- Compared with a year earlier, EBT Margin was higher in five of the last eight quarters, with an average year-over-year change of -1.28 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q3 2021 (a gain of 42.25 percentage points); the worst was Q4 2025 (a drop of 9.94 percentage points).
- Per Business Quant data, CZR's EBT Margin in the three quarters before Q2 2026 was -2.47% (Q1 2026), -8.40% (Q4 2025) and -2.23% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 14.62% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | -4.98% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | -6.91% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 12.08% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 15.54% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 10.70% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 9.29% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | -1.77% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 24.56% |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 33.47% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.77% |
| Mar 31, 2026 | -2.47% |
| Dec 31, 2025 | -8.40% |
| Sep 30, 2025 | -2.23% |
| Jun 30, 2025 | -1.79% |
| Mar 31, 2025 | -3.11% |
| Dec 31, 2024 | 1.54% |
| Sep 30, 2024 | 1.81% |
| Jun 30, 2024 | -3.25% |
| Mar 31, 2024 | -4.63% |
| Dec 31, 2023 | -1.42% |
| Sep 30, 2023 | 4.64% |
| Jun 30, 2023 | 0.90% |
| Mar 31, 2023 | -6.54% |
| Dec 31, 2022 | -5.53% |
| Sep 30, 2022 | 2.11% |
| Jun 30, 2022 | 3.12% |
| Mar 31, 2022 | -24.35% |
| Dec 31, 2021 | -21.50% |
| Sep 30, 2021 | -11.81% |
Caesars Entertainment EBT 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=ebt-margin&ticker=CZR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();