Caesars Entertainment (CZR) Intangibles (2013 - 2026)
Caesars Entertainment's Intangibles came in at $3.96 billion for Q2 2026, down 2.7% from $4.07 billion a year earlier but up 0.4% from the prior quarter.
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Analysis
Caesars Entertainment (CZR) Intangibles (2013 - 2026) Analysis & Trends
At the end of FY2025, Caesars Entertainment's Intangibles was $3.99 billion, down 3.6% from FY2024.
- Intangibles has declined in each of the last four years, with a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- Going back by year, Intangibles was $4.13 billion in FY2024 (-8.6%), $4.52 billion in FY2023 (-4.1%), $4.71 billion in FY2022 (-4.2%) and $4.92 billion in FY2021 (+14.9%).
- The five-year range for quarterly Intangibles is $3.94 billion (Q1 2026) to $5.25 billion (Q3 2021).
- Year-over-year, Intangibles has declined for 17 consecutive quarters, with an average decline of 6.0% over the last eight quarters.
- The fastest year-over-year change in Intangibles over five years came in Q3 2021 (growth of 17.6%), and the weakest in Q3 2024 (a decline of 9.2%).
- Business Quant data shows CZR's Intangibles at $3.94 billion (Q1 2026), $3.99 billion (Q4 2025) and $4.04 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | - |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 6.48 Bn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 103.64 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 837.44 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 180.73 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 208.23 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 1.26 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 725.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 3.96 Bn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 2.51 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.96 Bn |
| Mar 31, 2026 | 3.94 Bn |
| Dec 31, 2025 | 3.99 Bn |
| Sep 30, 2025 | 4.04 Bn |
| Jun 30, 2025 | 4.07 Bn |
| Mar 31, 2025 | 4.10 Bn |
| Dec 31, 2024 | 4.13 Bn |
| Sep 30, 2024 | 4.21 Bn |
| Jun 30, 2024 | 4.40 Bn |
| Mar 31, 2024 | 4.49 Bn |
| Dec 31, 2023 | 4.52 Bn |
| Sep 30, 2023 | 4.64 Bn |
| Jun 30, 2023 | 4.66 Bn |
| Mar 31, 2023 | 4.68 Bn |
| Dec 31, 2022 | 4.71 Bn |
| Sep 30, 2022 | 4.78 Bn |
| Jun 30, 2022 | 4.81 Bn |
| Mar 31, 2022 | 4.86 Bn |
| Dec 31, 2021 | 4.92 Bn |
| Sep 30, 2021 | 5.25 Bn |
API Access
Caesars Entertainment Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=CZR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "CZR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();