Caesars Entertainment (CZR) Gross Margin (2013 - 2026)

Caesars Entertainment's (CZR) quarterly Gross Margin came in at 96.69% in Q1 2026, up 2751.0% year-on-year from 3.39% in Q1 2025, and up 1358.7% quarter-over-quarter from 7.68% in Q4 2025.

Caesars Entertainment (CZR) Gross Margin (2013 - 2026) Analysis & Trends

Caesars Entertainment's Gross Margin history runs 14 years deep, the most recent figure standing at 96.69% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 2751.0% year-over-year to 96.69% in Q1 2026; TTM through Mar 2026 was 68.28%, a 1945.0% decrease from a year earlier, with the FY2025 full-year figure at 68.64%, down 2620.0% from the prior year.
  • Gross Margin grew to 96.69% in Q1 2026 per CZR's latest filing, from 7.68% in the prior quarter.
  • Across five years, Gross Margin topped out at 96.69% in Q1 2026 and bottomed at 11.13% in Q4 2022.
  • The 5-year median for Gross Margin is 94.67% (2025), against an average of 80.35%.
  • Across the five-year window, Gross Margin soared 10603 bps in 2023 and sank 9761 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 11.13% in 2022, then soared by 953 bps to 94.9% in 2023, then decreased by 5 bps to 89.92% in 2024, then tumbled by 109 bps to 7.68% in 2025, then jumped by 1359 bps to 96.69% in 2026.
  • Per Business Quant, the three latest CZR Gross Margin figures stand at 96.69% (Q1 2026), 7.68% (Q4 2025), and 90.35% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 97.43%
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 97.02%
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 94.08%
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 98.68%
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn 96.69%
7 Vail Resorts 5.23 Bn 5.21 Bn - -
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 95.41%
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 85.38%
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn 87.92%

Historic Data

Download Data
DateValue
Mar 31, 2026 96.69%
Dec 31, 2025 -7.68%
Sep 30, 2025 90.35%
Jun 30, 2025 94.67%
Mar 31, 2025 69.18%
Dec 31, 2024 89.92%
Sep 30, 2024 96.38%
Jun 30, 2024 95.09%
Mar 31, 2024 90.41%
Dec 31, 2023 94.90%
Sep 30, 2023 91.12%
Jun 30, 2023 96.14%
Mar 31, 2023 91.13%
Dec 31, 2022 -11.13%
Sep 30, 2022 96.36%
Jun 30, 2022 96.28%
Mar 31, 2022 96.16%
Dec 31, 2021 -10.65%
Sep 30, 2021 95.75%
Jun 30, 2021 96.84%