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| Date | Value |
|---|---|
| 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% |