Caesars Entertainment (CZR) Gross Margin (2013 - 2026)
Caesars Entertainment (CZR) posted quarterly Gross Margin of 68.09% for Q2 2026, down 140.0% year-over-year from 170.23% in Q2 2025, and down 0.7% quarter-over-quarter from 68.57% in Q1 2026.
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 68.09% for Q2 2026.
- In Q2 2026, Gross Margin fell 140.0% year-over-year to 68.09%; the TTM figure through Jun 2026 stood at 68.14% (down 154.0% YoY), while the FY2025 annual figure was 68.64%, down 139.0% from the prior year.
- Gross Margin for Q2 2026 stood at 68.09%, down from 68.57% in the prior quarter.
- The five-year high for Gross Margin was 96.28% in Q2 2022, with the low at 67.59% in Q4 2025.
- The 5-year median for Gross Margin is 70.11% (2023), against an average of 72.8%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 8233 bps in 2022, then plunged 2542 bps in 2023.
- Caesars Entertainment's Gross Margin stood at 71.68% in 2022, then declined by 3 bps to 69.35% in 2023, then fell by 1 bps to 68.81% in 2024, then declined by 2 bps to 67.59% in 2025, then climbed by 1 bps to 68.09% in 2026.
- Business Quant data shows CZR's Gross Margin at 68.09% in Q2 2026, 68.57% in Q1 2026, and 67.59% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 61.15% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 74.13% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 68.09% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 97.80% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 36.75% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 82.32% |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 55.14% |
Historic Data
Download 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 | 71.62% |
| Mar 31, 2023 | 70.74% |
| Dec 31, 2022 | 71.68% |
| Sep 30, 2022 | 70.97% |
| Jun 30, 2022 | 96.28% |
| Mar 31, 2022 | 96.16% |
| Dec 31, 2021 | -10.65% |
| Sep 30, 2021 | 95.75% |