Caesars Entertainment (CZR) Interest Expenses (2013 - 2022)
Caesars Entertainment (CZR) recorded quarterly Interest Expenses of $569.0 million in Q3 2022, up 1.79% quarter-over-quarter from $559.0 million in Q2 2022, and down 1.73% on a YoY basis from $579.0 million in Q3 2021.
Caesars Entertainment (CZR) Interest Expenses (2013 - 2022) Analysis & Trends
Caesars Entertainment's Interest Expenses history runs 10 years deep, the most recent figure standing at $569.0 million for Q3 2022.
- In Q3 2022, Interest Expenses fell 1.73% year-over-year to $569.0 million; the TTM figure through Jun 2023 stood at $569.0 million (down 74.72% YoY), while the FY2021 annual figure was $2.3 billion, up 90.93% from the prior year.
- Interest Expenses was $569.0 million for Q3 2022 at Caesars Entertainment, up from $559.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $582.0 million in Q4 2020 to a low of $31.3 million in Q1 2018.
- Historically, Interest Expenses has averaged $296.6 million across 5 years, with a median of $75.4 million in 2018.
- The sharpest annual moves came in 2020 and 2021: Interest Expenses fell 8.86% in 2020, then jumped 764.18% in 2021.
- A 5-year view of Interest Expenses shows it stood at $75.4 million in 2018, then retreated by 8.51% to $69.0 million in 2019, then soared by 743.48% to $582.0 million in 2020, then declined by 3.61% to $561.0 million in 2021, then climbed by 1.43% to $569.0 million in 2022.
- The last three Interest Expenses figures came in at $569.0 million (Q3 2022), $559.0 million (Q2 2022), and $552.0 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 152.36 Mn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 28.45 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -111.82 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | - |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 49.48 Mn |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 73.00 Mn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 49.50 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | - |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | - |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 569.00 Mn |
| Sep 30, 2022 | 569.00 Mn |
| Jun 30, 2022 | 559.00 Mn |
| Jun 30, 2022 | 559.00 Mn |
| Mar 31, 2022 | 552.00 Mn |
| Mar 31, 2022 | 552.00 Mn |
| Dec 31, 2021 | 561.00 Mn |
| Dec 31, 2021 | 561.00 Mn |
| Sep 30, 2021 | 579.00 Mn |
| Sep 30, 2021 | 579.00 Mn |
| Jun 30, 2021 | 576.00 Mn |
| Jun 30, 2021 | 576.00 Mn |
| Mar 31, 2021 | 579.00 Mn |
| Mar 31, 2021 | 579.00 Mn |
| Dec 31, 2020 | 582.00 Mn |
| Dec 31, 2020 | 582.00 Mn |
| Sep 30, 2020 | 485.00 Mn |
| Sep 30, 2020 | 485.00 Mn |
| Jun 30, 2020 | 68.00 Mn |
| Jun 30, 2020 | 68.00 Mn |