Caesars Entertainment (CZR) EV to EBITDA (2014 - 2026)
Caesars Entertainment's EV to EBITDA was 1.65 in Q2 2026, up 19.0% from 1.38 a year earlier and up 14.9% from the prior quarter.
Caesars Entertainment (CZR) EV to EBITDA (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Caesars Entertainment's EV to EBITDA was 0.85 through Jun 30, 2026, up 22.0% 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 (-63.3%) and 7.34 in FY2021 (-81.4%).
- The Q2 2026 figure marks the highest quarterly EV to EBITDA since Q4 2024.
- Compared with a year earlier, EV to EBITDA was higher in two of the last eight quarters, with an average decline of 20.2%.
- The best year-over-year quarter for EV to EBITDA over five years was Q2 2026 (growth of 19.0%); the worst was Q3 2021 (a decline of 86.5%).
- Per Business Quant data, CZR's EV to EBITDA in the three quarters before Q2 2026 was 1.43 (Q1 2026), 1.23 (Q4 2025) and 1.35 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 9.62 |
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_KEY
import 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();