Caesars Entertainment (CZR) Gross Margin (2013 - 2026)
Caesars Entertainment (CZR) posted Gross Margin of 68.09% for Q2 2026, down 0.7% on a QoQ basis from 68.57% in Q1 2026, and down 140.0% year-over-year from 170.23% in Q2 2025.
Analysis
Caesars Entertainment (CZR) Gross Margin (2013 - 2026) Analysis & Trends
Caesars Entertainment has reported Gross Margin for 14 years, with the latest figure at 68.09% in Q2 2026.
- On a quarterly basis, Gross Margin fell 140.0% year-over-year to 68.09% in Q2 2026; TTM through Jun 2026 was 68.14%, a 154.0% decrease from a year earlier, with the FY2025 full-year figure at 68.64%, down 139.0% from the prior year.
- Gross Margin was 68.09% for Q2 2026 at Caesars Entertainment, down from 68.57% in the prior quarter.
- The five-year high for Gross Margin was 96.36% in Q3 2022, with the low at 67.59% in Q4 2025.
- Average Gross Margin over 5 years is 78.34%, with a median of 70.31% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 61 bps in 2022, then plunged 2729 bps in 2024.
- Over 5 years, Gross Margin stood at 95.99% in 2022, then slipped by 28 bps to 69.35% in 2023, then decreased by 1 bps to 68.81% in 2024, then retreated by 2 bps to 67.59% in 2025, then increased by 1 bps to 68.09% in 2026.
- The last three Gross Margin figures came in at 68.09% (Q2 2026), 68.57% (Q1 2026), and 67.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.02 Bn | 24.64 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 10.39 Bn | 7.85 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 9.15 Bn | 7.57 Bn | 1.14 Bn | 61.15% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 68.09% |
| 5 | Churchill Downs | 5.77 Bn | 5.57 Bn | 712.00 Mn | 72.65% |
| 6 | Boyd Gaming | 5.62 Bn | 5.30 Bn | 766.76 Mn | 74.13% |
| 7 | Red Rock Resorts | 3.16 Bn | 2.56 Bn | 420.02 Mn | 82.32% |
| 8 | PENN Entertainment | 2.25 Bn | 1.36 Bn | 1.02 Bn | 55.14% |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn | 27.09% |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | 97.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.09% |
| Mar 31, 2026 | 68.57% |
| Dec 31, 2025 | 67.59% |
| Sep 30, 2025 | 68.32% |
| Jun 30, 2025 | 69.49% |
| Mar 31, 2025 | 69.18% |
| Dec 31, 2024 | 68.81% |
| Sep 30, 2024 | 71.19% |
| Jun 30, 2024 | 71.13% |
| Mar 31, 2024 | 68.93% |
| Dec 31, 2023 | 69.35% |
| Sep 30, 2023 | 72.24% |
| Jun 30, 2023 | 96.14% |
| Mar 31, 2023 | 96.22% |
| Dec 31, 2022 | 95.99% |
| Sep 30, 2022 | 96.36% |
| Jun 30, 2022 | 96.28% |
| Mar 31, 2022 | 96.16% |
| Dec 31, 2021 | 95.72% |
| Sep 30, 2021 | 95.75% |