Caesars Entertainment (CZR) Invested Capital (2013 - 2026)
Caesars Entertainment's Invested Capital came in at $15 billion for Q3 2026, down 4.9% from $15.77 billion a year earlier and down 1.6% from the prior quarter.
Caesars Entertainment (CZR) Invested Capital (2013 - 2026) Analysis & Trends
For FY2025, Caesars Entertainment's Invested Capital was $15.47 billion, down 6.3% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of -4.2% (FY2020 to FY2025).
- Going back by year, Invested Capital was $16.52 billion in FY2024 (-2.9%), $17.01 billion in FY2023 (+3.0%), $16.52 billion in FY2022 (-9.9%) and $18.33 billion in FY2021 (-4.4%).
- The Q3 2026 figure represents the lowest quarterly Invested Capital since Q2 2020.
- Year-over-year, Invested Capital has declined for ten consecutive quarters, with an average decline of 4.9% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2023 (growth of 3.0%), and the weakest in Q3 2022 (a decline of 13.6%).
- Business Quant data shows CZR's Invested Capital at $15.25 billion (Q2 2026), $15.4 billion (Q1 2026) and $15.47 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 26.06 Bn | 12.66 Bn | 1.47 Bn | 15.10 Bn |
| 2 | Flutter Entertainment | 14.35 Bn | 7.74 Bn | 1.52 Bn | 20.47 Bn |
| 3 | Life Time Group Holdings | 10.48 Bn | 9.65 Bn | 419.01 Mn | 4.94 Bn |
| 4 | DraftKings | 9.19 Bn | 4.85 Bn | 551.45 Mn | 1.14 Bn |
| 5 | Wynn Resorts | 8.47 Bn | 2.61 Bn | 655.12 Mn | 9.75 Bn |
| 6 | MGM Resorts International | 8.13 Bn | -1.17 Bn | 1.73 Bn | 9.04 Bn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | -4.80 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 5.40 Bn |
| 9 | Churchill Downs | 6.86 Bn | 6.09 Bn | 207.00 Mn | 6.10 Bn |
| 10 | Caesars Entertainment | 5.96 Bn | 2.38 Bn | 1.44 Bn | 15.00 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.00 Bn |
| Jun 30, 2026 | 15.25 Bn |
| Mar 31, 2026 | 15.40 Bn |
| Dec 31, 2025 | 15.47 Bn |
| Sep 30, 2025 | 15.77 Bn |
| Jun 30, 2025 | 16.25 Bn |
| Mar 31, 2025 | 16.44 Bn |
| Dec 31, 2024 | 16.52 Bn |
| Sep 30, 2024 | 16.92 Bn |
| Jun 30, 2024 | 16.76 Bn |
| Mar 31, 2024 | 16.85 Bn |
| Dec 31, 2023 | 17.01 Bn |
| Sep 30, 2023 | 17.04 Bn |
| Jun 30, 2023 | 17.22 Bn |
| Mar 31, 2023 | 16.61 Bn |
| Dec 31, 2022 | 16.52 Bn |
| Sep 30, 2022 | 16.82 Bn |
| Jun 30, 2022 | 17.45 Bn |
| Mar 31, 2022 | 17.66 Bn |
| Dec 31, 2021 | 18.33 Bn |
Caesars Entertainment Invested Capital 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=invested-capital&ticker=CZR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();