Caesars Entertainment (CZR) EV to EBITDA (2014 - 2026)
Caesars Entertainment's EV to EBITDA was 1.66 in Q3 2026, up 23.5% from 1.35 a year earlier and up 1.1% from the prior quarter.
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Analysis
Caesars Entertainment (CZR) EV to EBITDA (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Caesars Entertainment's EV to EBITDA was 0.82 through Sep 30, 2026, up 38.2% year-over-year; for FY2025, it came in at 1.23, down 30.3% from FY2024.
- EV to EBITDA has now declined for five consecutive years.
- In earlier years, EV to EBITDA was 1.77 in FY2024 (-28.9%), 2.49 in FY2023 (-7.7%), 2.69 in FY2022 (-60.8%) and 6.87 in FY2021 (-74.4%).
- The Q3 2026 figure marks the highest quarterly EV to EBITDA since Q4 2024.
- Compared with a year earlier, EV to EBITDA has increased for three straight quarters, with an average decline of 16.6% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q3 2026 (growth of 23.5%); the worst was Q4 2021 (a decline of 81.0%).
- Per Business Quant data, CZR's EV to EBITDA in the three quarters before Q3 2026 was 1.65 (Q2 2026), 1.43 (Q1 2026) and 1.23 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.66 |
| Jun 30, 2026 | 1.65 |
| Mar 31, 2026 | 1.43 |
| Dec 31, 2025 | 1.23 |
| Sep 30, 2025 | 1.35 |
| Jun 30, 2025 | 1.38 |
| Mar 31, 2025 | 1.24 |
| Dec 31, 2024 | 1.77 |
| Sep 30, 2024 | 2.39 |
| Jun 30, 2024 | 2.25 |
| Mar 31, 2024 | 2.45 |
| Dec 31, 2023 | 2.49 |
| Sep 30, 2023 | 2.54 |
| Jun 30, 2023 | 2.79 |
| Mar 31, 2023 | 2.69 |
| Dec 31, 2022 | 2.69 |
| Sep 30, 2022 | 2.35 |
| Jun 30, 2022 | 3.02 |
| Mar 31, 2022 | 6.61 |
| Dec 31, 2021 | 7.34 |
API Access
Caesars Entertainment EV to 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=ev-to-ebitda&ticker=CZR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-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=ev-to-ebitda&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();