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