Caesars Entertainment (CZR) Restructuring Costs (2013 - 2020)
Caesars Entertainment's Restructuring Costs was $12.7 million in Q2 2020, up 74.1% from $7.29 million a year earlier and up 36.6% from the prior quarter.
Caesars Entertainment (CZR) Restructuring Costs (2013 - 2020) Analysis & Trends
On a trailing twelve-month basis, Caesars Entertainment's Restructuring Costs was $97.46 million through Jun 30, 2020, up 304.8% year-over-year; for FY2019, it came in at $84.66 million, up 306.2% from FY2018.
- Restructuring Costs shows a five-year compound annual growth rate of 62.8% (FY2014 to FY2019).
- In earlier years, Restructuring Costs was $20.84 million in FY2018 (-77.5%), $92.78 million in FY2017 (+910.2%), $9.18 million in FY2016 (+274.6%) and $2.45 million in FY2015 (-66.9%).
- Quarterly Restructuring Costs has moved between $56,000 (Q2 2016) and $85.46 million (Q2 2017) over five years.
- Compared with a year earlier, Restructuring Costs has increased for five straight quarters, with growth averaging 192.0% over the last eight quarters.
- The best year-over-year quarter for Restructuring Costs over five years was Q1 2016 (growth of 519.0%); the worst was Q2 2018 (a decline of 96.0%).
- Per Business Quant data, CZR's Restructuring Costs in the three quarters before Q2 2020 was $9.29 million (Q1 2020), $63.03 million (Q4 2019) and $12.44 million (Q3 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 12.70 Mn |
| Mar 31, 2020 | 9.29 Mn |
| Dec 31, 2019 | 63.03 Mn |
| Sep 30, 2019 | 12.44 Mn |
| Jun 30, 2019 | 7.29 Mn |
| Mar 31, 2019 | 1.89 Mn |
| Dec 31, 2018 | 10.80 Mn |
| Sep 30, 2018 | 4.09 Mn |
| Jun 30, 2018 | 3.40 Mn |
| Mar 31, 2018 | 2.55 Mn |
| Dec 31, 2017 | 3.61 Mn |
| Sep 30, 2017 | 2.09 Mn |
| Jun 30, 2017 | 85.46 Mn |
| Mar 31, 2017 | 1.61 Mn |
| Dec 31, 2016 | 3.86 Mn |
| Sep 30, 2016 | 4.75 Mn |
| Jun 30, 2016 | 56,000.00 |
| Mar 31, 2016 | 520,000.00 |
| Dec 31, 2015 | 1.74 Mn |
| Sep 30, 2015 | 380,000.00 |
Caesars Entertainment Restructuring Costs 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=restructuring-costs&ticker=CZR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "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=restructuring-costs&ticker=CZR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();