Caesars Entertainment (CZR) Interest Expenses (2013 - 2022)
Caesars Entertainment (CZR) posted Interest Expenses of $569 million for Q3 2022, down 1.7% from $579 million a year earlier but up 1.8% from the prior quarter.
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Analysis
Caesars Entertainment (CZR) Interest Expenses (2013 - 2022) Analysis & Trends
For the trailing twelve months through Sep 30, 2022, Interest Expenses at Caesars Entertainment was $2.24 billion, down 3.2% year-over-year; for FY2021, it came in at $2.3 billion, up 90.9% from FY2020.
- Annual Interest Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 114.2% (FY2016 to FY2021).
- In prior years, Caesars Entertainment's Interest Expenses was $1.2 billion in FY2020 (+320.3%), $286 million in FY2019 (+66.3%), $172 million in FY2018 (+72.4%) and $99.77 million in FY2017 (+95.9%).
- Quarterly Interest Expenses has run from a low of $30.39 million in Q4 2017 to a high of $582 million in Q4 2020 over five years.
- On a year-over-year basis, Interest Expenses has declined in each of the last four quarters, with growth averaging 282.6% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q1 2021, with growth of 764.2%; the weakest was Q1 2020, with a decline of 8.9%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $559 million (Q2 2022), $552 million (Q1 2022) and $561 million (Q4 2021).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 189.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | - |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 4.45 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | - |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 152.18 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 102.13 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | - |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 70.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 569.00 Mn |
| Jun 30, 2022 | 559.00 Mn |
| Mar 31, 2022 | 552.00 Mn |
| Dec 31, 2021 | 561.00 Mn |
| Sep 30, 2021 | 579.00 Mn |
| Jun 30, 2021 | 576.00 Mn |
| Mar 31, 2021 | 579.00 Mn |
| Dec 31, 2020 | 582.00 Mn |
| Sep 30, 2020 | 485.00 Mn |
| Jun 30, 2020 | 68.00 Mn |
| Mar 31, 2020 | 67.00 Mn |
| Dec 31, 2019 | 69.00 Mn |
| Sep 30, 2019 | 72.00 Mn |
| Jun 30, 2019 | 71.80 Mn |
| Mar 31, 2019 | 73.51 Mn |
| Dec 31, 2018 | 75.42 Mn |
| Sep 30, 2018 | 34.09 Mn |
| Jun 30, 2018 | 31.41 Mn |
| Mar 31, 2018 | 31.25 Mn |
| Dec 31, 2017 | 30.39 Mn |
API Access
Caesars Entertainment Interest Expenses 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=interest-expenses&ticker=CZR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();