Caesars Entertainment (CZR) Gross Margin (2017 - 2026)
Caesars Entertainment (CZR) posted Gross Margin of 50.08% for Q2 2026, down 1.00 percentage points from 51.08% a year earlier and down 0.20 percentage points from the prior quarter.
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Analysis
Caesars Entertainment (CZR) Gross Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Caesars Entertainment was 49.69%, down 1.47 percentage points year-over-year; for FY2025, it was 50.00%, down 1.81 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -2.98 percentage points (FY2020 to FY2025).
- In prior years, Caesars Entertainment's Gross Margin was 51.81% in FY2024 (-1.39 pp), 53.20% in FY2023 (+3.11 pp), 50.09% in FY2022 (-1.35 pp) and 51.44% in FY2021 (-1.53 pp).
- Quarterly Gross Margin has run from a low of 33.04% in Q4 2021 to a high of 57.43% in Q2 2022 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last 11 quarters, with an average year-over-year change of -1.38 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2022, with a gain of 20.84 percentage points; the weakest was Q4 2021, with a drop of 20.02 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 50.28% (Q1 2026), 49.14% (Q4 2025) and 49.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 46.92% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 38.21% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 39.60% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 42.77% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 47.61% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 40.87% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 44.47% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 50.08% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 42.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.08% |
| Mar 31, 2026 | 50.28% |
| Dec 31, 2025 | 49.14% |
| Sep 30, 2025 | 49.25% |
| Jun 30, 2025 | 51.08% |
| Mar 31, 2025 | 50.54% |
| Dec 31, 2024 | 50.13% |
| Sep 30, 2024 | 52.85% |
| Jun 30, 2024 | 53.29% |
| Mar 31, 2024 | 50.91% |
| Dec 31, 2023 | 51.08% |
| Sep 30, 2023 | 54.54% |
| Jun 30, 2023 | 53.84% |
| Mar 31, 2023 | 53.25% |
| Dec 31, 2022 | 53.88% |
| Sep 30, 2022 | 54.10% |
| Jun 30, 2022 | 57.43% |
| Mar 31, 2022 | 39.75% |
| Dec 31, 2021 | 33.04% |
| Sep 30, 2021 | 56.42% |
API Access
Caesars Entertainment Gross 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=gross-margin&ticker=CZR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();