CZRCaesars Entertainment, Inc.
Hotels & Motels
- Revenue
- $11.5B
- 2.1% YoY
- Operating margin
- 16.2%
- 21% YoY
- EBITDA
- $3.3B
- 9.7% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.3×
- $10.8B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear18% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear33% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $9.6B | $10.8B | $11.5B | $11.2B | $11.5B | 2.1% |
| Operating income | $1.5B | $1.7B | $2.5B | $2.3B | $1.9B | 19% |
| Net income | −$1.0B | −$910M | $828M | −$211M | −$437M | 107% |
| Operating cash flow | $1.2B | $993M | $1.8B | $1.1B | $1.3B | 21% |
| Capex | $520M | $952M | $1.3B | $1.3B | $805M | 38% |
| Stock-based comp | $82M | $101M | $104M | $94M | $95M | 1.1% |
| Buybacks | — | $0 | $0 | $191M | $229M | 20% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $835K · 4
- Net
- −$835K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $17M | $7M | 31 | 88 |
| FY2024 | $18M | $8M | 45 | 91 |
| FY2023 | $19M | $15M | 63 | 91 |
| FY2022 | $31M | −$16M | 56 | 71 |
| FY2021 | $23M | $35M | 126 | 96 |