Caesars Entertainment (CZR) FCF Margin (2013 - 2026)
Caesars Entertainment (CZR) recorded FCF Margin of 10.16% in Q2 2026, up 2.18 percentage points from 7.98% a year earlier and up 8.90 percentage points from the prior quarter.
Caesars Entertainment (CZR) FCF Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Caesars Entertainment's FCF Margin came in at 5.24% as of Jun 30, 2026, up 4.67 percentage points year-over-year; for FY2025, it was 4.33%, up 6.29 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +24.31 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -1.97% in FY2024 (-6.69 pp), 4.73% in FY2023 (+4.35 pp), 0.38% in FY2022 (-6.72 pp) and 7.10% in FY2021 (+27.08 pp).
- The Q2 2026 figure is the highest quarterly FCF Margin since Q2 2023.
- On a year-over-year basis, FCF Margin has increased for six consecutive quarters, with an average year-over-year change of +2.16 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 27.63 percentage points in Q4 2021, against a drop of 19.67 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.25% (Q1 2026), 5.04% (Q4 2025) and 4.29% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.94 Bn | 11.04 Bn | 1.48 Bn | 11.10% |
| 2 | Flutter Entertainment | 13.84 Bn | 7.21 Bn | 1.71 Bn | 8.07% |
| 3 | DraftKings | 10.19 Bn | 5.85 Bn | 551.45 Mn | 7.40% |
| 4 | Madison Square Garden Sports | 9.98 Bn | 9.58 Bn | 119.21 Mn | 20.67% |
| 5 | Life Time Group Holdings | 9.17 Bn | 8.40 Bn | 412.26 Mn | -6.20% |
| 6 | Wynn Resorts | 7.94 Bn | 2.23 Bn | 758.95 Mn | 18.25% |
| 7 | MGM Resorts International | 7.33 Bn | -1.70 Bn | 1.98 Bn | 7.13% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 19.08% |
| 9 | Caesars Entertainment | 5.93 Bn | 2.38 Bn | 1.50 Bn | 10.16% |
| 10 | Churchill Downs | 5.80 Bn | 5.02 Bn | 419.00 Mn | 16.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.16% |
| Mar 31, 2026 | 1.25% |
| Dec 31, 2025 | 5.04% |
| Sep 30, 2025 | 4.29% |
| Jun 30, 2025 | 7.98% |
| Mar 31, 2025 | -0.18% |
| Dec 31, 2024 | 1.07% |
| Sep 30, 2024 | -6.68% |
| Jun 30, 2024 | 4.42% |
| Mar 31, 2024 | -6.71% |
| Dec 31, 2023 | 4.92% |
| Sep 30, 2023 | 0.87% |
| Jun 30, 2023 | 16.60% |
| Mar 31, 2023 | -3.46% |
| Dec 31, 2022 | 10.24% |
| Sep 30, 2022 | 3.71% |
| Jun 30, 2022 | 3.58% |
| Mar 31, 2022 | -19.90% |
| Dec 31, 2021 | 0.69% |
| Sep 30, 2021 | 6.18% |
Caesars Entertainment FCF 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=fcf-margin&ticker=CZR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();