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

Caesars Entertainment (CZR) recorded quarterly Gross Margin of 94.56% in Q1 2026, little changed quarter-over-quarter from 94.75% in Q4 2025, and down 3.0% on a YoY basis from 97.49% in Q1 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 94.56% for Q1 2026.

  • In Q1 2026, Gross Margin fell 3.0% year-over-year to 94.56%; the TTM figure through Mar 2026 stood at 93.59% (up 594.0% YoY), while the FY2025 annual figure was 94.65%, up 2461.0% from the prior year.
  • Gross Margin was 94.56% for Q1 2026 at Caesars Entertainment, roughly flat from 94.75% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 172.28% in Q4 2023 to a low of 68.81% in Q4 2024.
  • Historically, Gross Margin has averaged 97.24% across 5 years, with a median of 94.75% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin soared 7718 bps in 2023, then sank 10347 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 95.11% in 2022, then soared by 81 bps to 172.28% in 2023, then tumbled by 60 bps to 68.81% in 2024, then jumped by 38 bps to 94.75% in 2025, then retreated by 0 bps to 94.56% in 2026.
  • The last three Gross Margin figures came in at 94.56% (Q1 2026), 94.75% (Q4 2025), and 90.35% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 95.16%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 74.45%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 94.56%
5 Vail Resorts 4.85 Bn 4.81 Bn - -
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 85.91%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 96.92%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 97.77%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 54.59%
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn 25.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 94.56%
Dec 31, 2025 94.75%
Sep 30, 2025 90.35%
Jun 30, 2025 94.67%
Mar 31, 2025 94.60%
Dec 31, 2024 68.81%
Sep 30, 2024 90.57%
Jun 30, 2024 96.47%
Mar 31, 2024 95.00%
Dec 31, 2023 172.28%
Sep 30, 2023 91.12%
Jun 30, 2023 96.14%
Mar 31, 2023 91.13%
Dec 31, 2022 95.11%
Sep 30, 2022 95.08%
Jun 30, 2022 96.28%
Mar 31, 2022 96.16%
Dec 31, 2021 82.83%
Sep 30, 2021 95.75%
Jun 30, 2021 96.84%