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Caesars Entertainment, Inc. (CZR) Stock: Price, Forecast & Analyst Target

Caesars Entertainment, Inc. (CZR) — MoonshotScore 26/100 (Weak band), calculated Oct 5, 2026. Price $29.71 (+0.21%), as of the Oct 5, 2026 trading session; market cap $6.05B. Expected results Oct 27, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 5.70× (market value Oct 5, 2026; cash Jun 30, 2026) · expected results Oct 27, 2026

$29.71 +$0.0611 (+0.21%) Market Cap $6.05B

Caesars Entertainment, Inc. · CZR · NASDAQ · Consumer Cyclical · Gambling, Resorts & Casinos

Research dated 2026-09-13: Caesars operates the largest regional casino and hotel network in America, pulling revenue from gaming tables, slots, and lodging across properties that span the continent outside Las Vegas. The business model turns on whether the company can service its enormous debt load—debt that dwarfs both its cash and its market capitalization—while regional gaming demand cools.

Price as of Oct 5, 2026

Key Statistics

26 of 100

MoonshotScore v2 · Caesars Entertainment (CZR)

Weak
Business Quality Average (56)
Financial Safety Fragile (14)
Valuation Rich (35)
Growth Durability Flat (58)
Momentum Surging (82)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

A fragile balance sheet; the market is already moving on it. Business Quality: Average; Financial Safety: Fragile; Valuation: Rich; Growth Durability: Flat; Momentum: Surging.

  • quarterly revenue $2.99B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 1 of 8
  • expected results Oct 27, 2026

Holding back: balance-sheet strain

Helping: positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for CZR (30 recorded, newest six shown)
RecordedScoreBand
26Weak
26Weak
26Weak
26Weak
26Weak
26Weak

The score was 26 in the stored Oct 4, 2026 snapshot and remains 26 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Growth Durability +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$29.71
Change on the day+0.21%
52-week range$17.86 – $30.88
Market capitalisation$6.05B
Price / earnings (trailing)35.00
Shares traded on the day1.09M
Beta (volatility vs the S&P 500)1.75

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 5, 2026: low $18, high $30, latest $30. 4 reported quarters marked, 0 above and 4 below the recorded estimate. 1 other dated event marked. $30 $18 high $30 Oct 28, 2025 · Earnings results · reported below the recorded estimate · close $201Feb 17, 2026 · Earnings results · reported below the recorded estimate · close $212Apr 28, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $283Apr 28, 2026 · Earnings results · reported below the recorded estimate · close $284Jul 28, 2026 · Earnings results · reported below the recorded estimate · close $305 Sep 5, 2025 Oct 5, 2026 · $30 $26Sep 5, 2025$26Sep 19, 2025$27Oct 3, 2025$21Oct 17, 2025$20Oct 31, 2025$20Nov 14, 2025$23Nov 28, 2025$25Dec 12, 2025$25Dec 26, 2025$25Jan 9, 2026$23Jan 23, 2026$21Feb 6, 2026$21Feb 20, 2026$26Mar 6, 2026$27Mar 20, 2026$27Apr 2, 2026$27Apr 17, 2026$28May 1, 2026$28May 15, 2026$29May 29, 2026$29Jun 12, 2026$30Jun 26, 2026$30Jul 10, 2026$30Jul 24, 2026$30Aug 7, 2026$30Aug 21, 2026$30Sep 4, 2026$30Sep 18, 2026$30Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · below the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · below the recorded estimate
  • · Earnings results · below the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • With the completion of our Tahoe Master Plan scheduled in June 2026, we will have successfully completed all major large planned regional CapEx projects since the completion of the merger back in 2020. in total, we have invested over $3 billion in CapEx into our regional portfolio over the last 5 years.

    Anthony Carano · Statement from

  • As we look ahead to 2026 in our regional segment, we expect to benefit from a group mix in Arena, the inclusion of Caesars Windsor, the completion of our $200 million Taco Master Plan renovation this month, hosting of select property events around the World Cup and continued return on investment on recent strategic marketing reinvestment.

    Anthony Carano · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Council Score · weighted blend of 2 available disciplines

Council score for Caesars Entertainment (CZR): Split View

37/100 · D

Some lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.

5-Factor Breakdown

Growth Durability Neutral
Momentum Strong
Business Quality Neutral
Financial Safety Negative
Valuation Weak

Legends Council

6 lenses, 6 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Neutral read
Moon AI lens (model) Unfavorable read

Read on: Oct 5, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Negative
Margin of Safety Undervalued
Profit Margin Weak
Revenue Growth Weak
Debt/Equity Negative
ROE Negative
Gross Margin Moderate

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

Two of these lenses read this company more favourably than the MoonshotScore does: Dalio-style lens and Simons-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.

On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the CZR film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Caesars Entertainment (CZR), and what does it report?

Short answer · as of

Caesars is fundamentally a casino operator that happens to own hotels and dining rooms.

Research dated 2026-09-13.

Caesars is fundamentally a casino operator that happens to own hotels and dining rooms. The portfolio breaks into three streams: gaming (slot machines, table games, poker rooms, and digital sports betting), lodging (guest rooms bundled in the same properties), and food and beverage (on-property restaurants, bars, clubs). The financial model shows the real shape: gross margins sit healthily at better than half of revenue, reflecting the raw profitability of casino operations. But the path from gross profit to net loss exposes the burden: a combination of operating costs, interest expense on massive debt, and the underlying softness in consumer gaming spend means that despite healthy underlying casino cash generation, the company cannot reach profitability.

Revenue has held roughly flat for the past few years, oscillating within a narrow band, while losses have widened. This gap tells the story: the business is not shrinking, but the cost structure cannot flex enough to accommodate the headwinds.

Sources (as of 2026-09-13): Business description; Revenue by segment; Trailing twelve-month ratio set; Annual revenue and net result (USD millions); Quarterly income statement (USD thousands); Reported versus estimated, last 8 quarters

2 · Latest results

What do the latest results show for Caesars Entertainment (CZR)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $2.99B.

Research dated 2026-09-13.

The most recent quarter arrived with a loss that beat analyst expectations—not because earnings improved, but because the miss was cushioned by lower-than-expected costs. This is a weak form of outperformance. Revenue ran almost exactly in line with what the street anticipated, but the earnings surprise came from operating expenses coming in lighter than feared. The underlying message: this is not a company that is gaining traction on its core business; it is a company managing downside.

What separates CZR from pure collapse is the strength of operating cash generation. The business still pulls cash out of operations each quarter, and that cash has been used to chip away at capital expenditure as major renovation projects wind down. The company flagged completion of its regional capital program and expected to harvest lower capital intensity in coming periods. That shift from heavy capex to free cash flow harvest is the near-term story to watch—if management can convert operating cash into debt reduction, the leverage picture stabilizes. If not, cash depletion accelerates.

Sources (as of 2026-09-13): Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Trailing twelve-month ratio set; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$2.99B Jun 30, 2026
Latest quarter · SG&A
$521.00M Jun 30, 2026
Latest quarter · FMP standardized operating result
$513.00M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$2.99BNot available$521.00M$513.00M
Mar 31, 2026$2.87BNot available$592.00M$500.00M
Dec 31, 2025$2.92BNot available$564.00M$525.00M
Sep 30, 2025$2.87BNot available$483.00M$503.00M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$2.99B Jul 28, 2026
Latest report · revenue estimate
$2.98B Jul 28, 2026
Latest report · revenue vs estimate
Above estimate Jul 28, 2026
Latest report · EPS vs estimate
Below estimate Jul 28, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 28, 2026$2.99B$2.98B−$0.3000$0.0451
Apr 28, 2026$2.87B$2.85B−$0.4800−$0.1900
Feb 17, 2026$2.92B$2.88B−$1.2300−$0.1800
Oct 28, 2025$2.87B$2.89B−$0.2700−$0.1100

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$2.99B-$41M-$0.30 (diluted)
Q1 FY2026$2.87B-$98M-$0.48 (diluted)
Q4 FY2025$2.92B-$250M-$1.23 (diluted)
Q3 FY2025$2.87B-$55M-$0.27 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Caesars Entertainment (CZR)?

Short answer

Cash and short-term investments were $1.06B at the Jun 30, 2026 balance-sheet date. Operating cash flow was $471.00M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

Caesars' fortress is operating cash flow. Even with revenue flat and the company posting net losses, the casino-hotel machine still converts a meaningful slice of revenue into cash. This resilience is the floor: the company cannot be cut off from financing as long as it can service its debt from operations.

The cliff is leverage and liquidity. Total debt stands at multiples of the market value of the company's equity. Cash on hand covers only a fraction of total borrowing, and the current ratio sits below one, meaning current liabilities exceed current assets by a small margin. The Altman distress score—a composite measure of solvency—sits in the red zone, in territory where bankruptcy risk is material. This is not imminent danger, but the margin for error is gone: a meaningful deterioration in operating cash flow, a spike in interest rates, or a weakening in gaming demand creates a real refinancing risk.

The core vulnerability: interest expense on the debt load consumes a large portion of operating cash flow. The higher interest rates climb, or the longer losses persist, the more the company is forced to choose between maintaining capex and servicing debt. So far, it has chosen to shrink capex and protect debt service. That math only holds as long as the business does not deteriorate further.

Sources (as of 2026-09-13): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Analyst revenue and earnings estimates (average)

Data-derived red flags

  • Financial-distress signal — its Altman Z-Score of 0.52 sits in the distress zone (elevated bankruptcy risk).
  • Negative return on equity (-12.6%) — the business is not currently generating profit on shareholder capital.
  • Inconsistent delivery — missed Wall Street EPS estimates in 7 of the last 8 reported quarters.

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$471.00M Jun 30, 2026
Previous quarter · operating cash flow
$204.00M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$471.00M−$125.00M
Mar 31, 2026$204.00M−$210.00M
Dec 31, 2025$304.00M−$157.00M
Sep 30, 2025$318.00M−$195.00M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Caesars Entertainment (CZR)?

Short answer · as of

The next earnings report is expected on Oct 27, 2026.

Research dated 2026-09-13.

The next inflection point arrives at the coming earnings call, when management will either report stabilizing trends or continue to miss expectations on both top and bottom line. Pay attention to the operating cash flow number relative to interest expense: if the margin narrows, the distress narrative accelerates.

Watch also whether the completion of regional capex projects translates into a material jump in free cash flow. If management was truthful, free cash should turn positive and durable in coming periods. If the company continues to burn cash despite lower capex, it signals that operating performance is worse than reported.

Finally, the analyst community has been downgrading steadily. Most recent actions moved the consensus from buy-rated to hold or sell-equivalent. If the next print beats and stabilizes sentiment, it matters. If it misses, you should expect further downgrades and a lower stock price.

Sources (as of 2026-09-13): Next earnings report; Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions); Analyst actions, most recent per firm; Reported versus estimated, last 8 quarters

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. With the completion of our Tahoe Master Plan scheduled in June 2026, we will have successfully completed all major large planned regional CapEx projects since the completion of the merger back in 2020. in total, we have invested over $3 billion in CapEx into our regional portfolio over the last 5 years.

    Anthony Carano ·

  2. As we look ahead to 2026 in our regional segment, we expect to benefit from a group mix in Arena, the inclusion of Caesars Windsor, the completion of our $200 million Taco Master Plan renovation this month, hosting of select property events around the World Cup and continued return on investment on recent strategic marketing reinvestment.

    Anthony Carano ·

  3. We expect to deliver strong free cash flow in 2026 during the balance of the year as a result of continued operating momentum, lower cash interest expense and lower CapEx.

    Bret Yunker ·

5 · Peer comparison

How does Caesars Entertainment compare with its peers?

Short answer

Caesars Entertainment's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Caesars sits in a crowded peer group of regional gaming operators, all of whom face the same structural headwind: a consumer pulling back on discretionary gaming spend while debt loads remain stubbornly high. Caesars' differentiation, if it has one, is its scale across regions rather than concentration in a single high-margin market. The lack of a Las Vegas fortress means lower average cash generation per property, but also lower exposure to any single market's weakness.

The Caesars Rewards loyalty program and the company's footprint in sports betting and digital gaming are labeled as growth vectors by management, but the scale is still small enough that earnings have not yet moved. These initiatives are real optionality, not current earnings drivers. A peer with a more valuable loyalty base or a faster ramp in sports betting has a genuine edge; Caesars is still in the build phase.

Sources (as of 2026-09-13): Business description; Revenue by segment; Management outlook — dated call excerpts; Annual revenue and net result (USD millions); Analyst revenue and earnings estimates (average)

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Super Group (SGHC) Limited (SGHC) Same industry, near in market value$11.63 Oct 5, 2026$5.72B93 5-pillar Oct 5, 2026
Hilton Grand Vacations Inc. (HGV) Same industry, near in market value$34.20 Oct 5, 2026$2.74B70 5-pillar Oct 5, 2026
Rush Street Interactive, Inc. (RSI) Named competitor$21.45 Oct 5, 2026$4.95B68 5-pillar Oct 5, 2026
Boyd Gaming Corporation (BYD) Same industry, near in market value$69.46 Oct 5, 2026$5.05B68 5-pillar Oct 5, 2026
Choice Hotels International, Inc. (CHH) Named competitor$100.00 Oct 5, 2026$4.66B66 5-pillar Oct 5, 2026
Red Rock Resorts, Inc. (RRR) Named competitor$51.64 Oct 5, 2026$3.02B63 5-pillar Oct 5, 2026
Churchill Downs Incorporated (CHDN) Same industry, near in market value$78.77 Oct 5, 2026$5.30B63 5-pillar Oct 5, 2026
Silgan Holdings Inc. (SLGN) Named competitor$34.84 Oct 5, 2026$3.69B57 5-pillar Oct 5, 2026
Wynn Resorts, Limited (WYNN) Same industry, near in market value$78.22 Oct 5, 2026$7.88B55 5-pillar Oct 5, 2026
Vail Resorts, Inc. (MTN) Same industry, near in market value$141.23 Oct 5, 2026$5.03B54 5-pillar Oct 5, 2026
Brunswick Corporation (BC) Named competitor$65.48 Oct 5, 2026$4.25B52 5-pillar Oct 5, 2026
Marriott Vacations Worldwide Corporation (VAC) Same industry, near in market value$102.60 Oct 5, 2026$3.58B48 5-pillar Oct 5, 2026
Caesars Entertainment (CZR) — this page$29.71$6.05B26

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Consumer Cyclical stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$26.00 – $34.00
Consensus target
$31.11
Median target
$31.00

Consensus record · Captured .

Measured against a quoted price of $29.71 (as of Oct 5, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 15, 2026

Transactions
16
Identified insiders
6
Purchases
0
Sales
16
Other transactions
0

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
98.0% Period end Jun 30, 2026
Reporting holders
467 Period end Jun 30, 2026
Previous quarter · holders
457 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.27,501,706
Pentwater Capital Management LP11,465,000
Vanguard Portfolio Management LLC10,304,031
Vanguard Capital Management LLC8,874,288
Morgan Stanley7,934,764

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Caesars Entertainment (CZR)?

Read these with our analysis →

What Investors Ask About Caesars Entertainment (CZR) — Consumer Cyclical

Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

How does Caesars split its revenue between gaming and non-gaming activities?

The business is gaming-dominant: slot machines, video lottery terminals, and table games represent the bulk of revenue. Hotel rooms and on-property dining contribute meaningful but secondary streams. This mix means that any softening in gaming demand hits the company hard, because gaming margins fund the entire enterprise.

Sources (as of 2026-09-13): Revenue by segment; Business description; Trailing twelve-month ratio set

Does Caesars have enough liquidity to weather an economic slowdown?

Cash on hand represents a small fraction of total debt, and working capital is thin. The company's survival in a slowdown turns on whether operating cash flow remains positive. If consumer gaming spending collapses and operating cash evaporates, refinancing becomes difficult. The current ratio and quick ratio are both below one, a red flag for near-term solvency.

Sources (as of 2026-09-13): Cash, investments and debt; Trailing twelve-month ratio set; Operating cash flow by quarter (USD millions); Cash against market value

What advantage does Caesars have over other regional casino operators?

Caesars' footprint spans multiple regions without concentration in any single market, which diversifies revenue but also means lower average profitability per property. The company operates a proprietary loyalty program that creates a moat on repeat gaming and lodging revenue. It has also begun to scale digital sports betting and online gaming, though these remain small relative to core operations. These factors matter for long-term positioning but have not yet moved the earnings needle.

Sources (as of 2026-09-13): Business description; Revenue by segment; Management outlook — dated call excerpts; Analyst revenue and earnings estimates (average)

Are insiders buying or selling stock at these prices?

Insiders have been net sellers over the recent window, with zero buy transactions and multiple sales. This is not a definitive signal (insiders sell for tax and diversification reasons unrelated to outlook), but combined with the company's financial pressures and analyst downgrades, it is a yellow flag worth monitoring. Management confidence would normally be visible in share accumulation at distressed valuations.

Sources (as of 2026-09-13): Insider transactions, last 180 days; Analyst actions, most recent per firm; Distress and quality screens

What is the CZR stock price today?

The last price recorded on this page for Caesars Entertainment, Inc. (CZR) is $29.71, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the CZR price target?

The analyst consensus price target for Caesars Entertainment, Inc. (CZR) is $31.11 (range $26.00 to $34.00, median $31.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

When are CZR's next earnings?

The next earnings date listed on this page for Caesars Entertainment, Inc. (CZR) is Oct 27, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Claude (claude-haiku-4-5) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Legal name; Business description; Cash, investments and debt; Cash against market value; Reported versus estimated, last 8 quarters

Sources — records for every figure on this page (79 figures)

The 79 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsAnthony Carano (Apr 28, 2026): With the completion of our Tahoe Master Plan scheduled in June 2026, we will have successfully completed all major large planned regional CapEx projects since the completion of the merger back in 2020. in total, we have invested over $3 billion in CapEx into our regional portfolio over the last 5 years. Anthony Carano (Apr 28, 2026): As we look ahead to 2026 in our regional segment, we expect to benefit from a group mix in Arena, the inclusion of Caesars Windsor, the completion of our $200 million Taco Master Plan renovation this month, hosting of select property events around the World Cup and continued return on investment on recent strategic marketing reinvestment. Bret Yunker (Apr 28, 2026): We expect to deliver strong free cash flow in 2026 during the balance of the year as a result of continued operating momentum, lower cash interest expense and lower CapEx.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address100 West Liberty Street, 12TH Floor, Reno, NV, 89501OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "100 West Liberty Street, Reno, NV, 89501, US".

FMP — 67 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$29.71FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T14:54:48.742Z.
px.changeChange on the day+0.21%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$6.05BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T14:54:40.000Z. Captured from FMP at 2026-10-05T14:54:47.753Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$0.0611FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$2.99BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)35.00FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day1.09MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.75FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveThomas Robert ReegFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees50,000FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $9.57B, net result −$1.02B; FY2022 revenue $10.82B, net result −$899.00M; FY2023 revenue $11.53B, net result $786.00M; FY2024 revenue $11.24B, net result −$278.00M; FY2025 revenue $11.49B, net result −$502.00MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsCasino $6.62B · Hotel, Owned $1.95B · Food and Beverage $1.71BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)56.5%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$2.99BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$521.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$513.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$2.87BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$592.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$500.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$2.92BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$564.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$525.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$2.87BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$483.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$503.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-28.revenue_actualRevenue · reported — report date 2026-07-28$2.99BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-28.revenue_estimatedRevenue · estimate — report date 2026-07-28$2.98BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-28.eps_actualEPS · reported — report date 2026-07-28−$0.3000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-28.eps_estimatedEPS · estimate — report date 2026-07-28$0.0451Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-28.revenue_actualRevenue · reported — report date 2026-04-28$2.87BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-28.revenue_estimatedRevenue · estimate — report date 2026-04-28$2.85BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-28.eps_actualEPS · reported — report date 2026-04-28−$0.4800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-28.eps_estimatedEPS · estimate — report date 2026-04-28−$0.1900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-17.revenue_actualRevenue · reported — report date 2026-02-17$2.92BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-17.revenue_estimatedRevenue · estimate — report date 2026-02-17$2.88BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-17.eps_actualEPS · reported — report date 2026-02-17−$1.2300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-17.eps_estimatedEPS · estimate — report date 2026-02-17−$0.1800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-28.revenue_actualRevenue · reported — report date 2025-10-28$2.87BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-28.revenue_estimatedRevenue · estimate — report date 2025-10-28$2.89BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-28.eps_actualEPS · reported — report date 2025-10-28−$0.2700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-28.eps_estimatedEPS · estimate — report date 2025-10-28−$0.1100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$1.06BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$471.00MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$124.00MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$24.86BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value1.79×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$471.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$204.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$125.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$210.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$304.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$157.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$318.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$195.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$26.00 – $34.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$31.11FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$31.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP16 transactions · 0 purchases, 16 sales, 0 other transactions · 6 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 15, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership98.0%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holdersReporting holders467FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders457FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot27,501,706FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesPentwater Capital Management LP — shares in provider snapshot11,465,000FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesVanguard Portfolio Management LLC — shares in provider snapshot10,304,031FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesVanguard Capital Management LLC — shares in provider snapshot8,874,288FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesMorgan Stanley — shares in provider snapshot7,934,764FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 5 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 27, 2026UNRECORDEDStored earnings-calendar observation — Captured 2026-09-14
earn.historyReported versus estimated, recent quartersEPS beat 1 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-04
px.range5252-week range$17.86 – $30.88UNRECORDEDStored company-profile observation — Captured 2026-10-04
fin.scoresDistress and quality screensAltman Z 0.52 · Piotroski F 7UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE -12.6% · ROA -1.4% · current ratio 0.85 · earnings yield -7.3% · free-cash-flow yield 10.1%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments5.70×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $1.06B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
earn.history.depth.2026-07-28.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($2.99B) with the recorded estimate ($2.98B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-28.eps_actual.comparisonLatest report · EPS vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS (−$0.3000) with the recorded estimate ($0.0451) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v226 of 100 · Weak · pillars 56 / 14 / 35 / 58 / 82OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement26 (stored snapshot Oct 4, 2026) → 26 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-28. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-28.revenue_actual, earn.history.depth.2026-07-28.revenue_estimated, earn.history.depth.2026-07-28.revenue_actual.comparison, earn.history.depth.2026-07-28.eps_actual.comparison, earn.history.depth.2026-07-28.eps_actual, earn.history.depth.2026-07-28.eps_estimated, earn.history.depth.2026-04-28.revenue_actual, earn.history.depth.2026-04-28.revenue_estimated, earn.history.depth.2026-04-28.eps_actual, earn.history.depth.2026-04-28.eps_estimated, earn.history.depth.2026-02-17.revenue_actual, earn.history.depth.2026-02-17.revenue_estimated, earn.history.depth.2026-02-17.eps_actual, earn.history.depth.2026-02-17.eps_estimated, earn.history.depth.2025-10-28.revenue_actual, earn.history.depth.2025-10-28.revenue_estimated, earn.history.depth.2025-10-28.eps_actual, earn.history.depth.2025-10-28.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Legal name
Caesars Entertainment, Inc.
2026-02-17OFFICIALSEC EDGAR — 10-K filed 2026-02-17
Business description
Caesars Entertainment, Inc. stands as a prominent gaming and lodging enterprise with extensive operations throughout the United States. The company manages numerous casinos, offering diverse gambling options like poker, keno, horse racing, and digital sports wagering platforms. Beyond its gaming ventures, Caesars provides a broad spectrum of leisure and accommodation services, including dining establishments, bars, nightclubs, lounges, hotels, and various entertainment facilities. Additionally, it offers staffing and management support, sells merchandise such as accessories and souvenirs via its retail outlets, and operates online sports betting and iGaming services. By the close of 2021, its portfolio encompassed 52 properties located across 16 U.S. states, which were either owned, leased, or managed. These establishments collectively featured approximately 55,700 slot machines, video lottery terminals, and electronic gaming tables; 2,900 traditional table games; and 47,700 guest rooms. Established in 1937, Caesars Entertainment, Inc. maintains its corporate headquarters in Reno, Nevada.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Cash, investments and debt
Total debt: $24.86B; Liquidity basis: cash and short-term investments; Total liabilities: $28.19B; Cash and short-term investments: $1.06B; Cash and investments: $1.19B; Long-term investments: $124.00M; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$23.80B; Total debt: $24.86B; Cash and investments: $1.06B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-28 — EPS actual: -$0.3 per share, EPS estimated: $0.04511 per share, Revenue actual: $2.99B, Revenue estimated: $2.98B
  • Reported 2026-04-28 — EPS actual: -$0.48 per share, EPS estimated: -$0.19 per share, Revenue actual: $2.87B, Revenue estimated: $2.85B
  • Reported 2026-02-17 — EPS actual: -$1.23 per share, EPS estimated: -$0.18 per share, Revenue actual: $2.92B, Revenue estimated: $2.88B
  • Reported 2025-10-28 — EPS actual: -$0.27 per share, EPS estimated: -$0.11 per share, Revenue actual: $2.87B, Revenue estimated: $2.89B
  • Reported 2025-07-29 — EPS actual: -$0.39 per share, EPS estimated: $0.07 per share, Revenue actual: $2.91B, Revenue estimated: $2.86B
  • Reported 2025-04-29 — EPS actual: -$0.54 per share, EPS estimated: -$0.19 per share, Revenue actual: $2.79B, Revenue estimated: $2.79B
  • Reported 2025-02-25 — EPS actual: $0.05 per share, EPS estimated: -$0.15 per share, Revenue actual: $2.80B, Revenue estimated: $2.81B
  • Reported 2024-10-29 — EPS actual: -$0.04 per share, EPS estimated: $0.21 per share, Revenue actual: $2.87B, Revenue estimated: $2.93B
2026-07-28FMPFinancial Modeling Prep (FMP) earnings
Revenue by segment
Casino: $6.62B; Hotel, Owned: $1.95B; Food and Beverage: $1.71B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Trailing twelve-month ratio set
Quick ratio: 0.83; Current ratio: 0.85; Debt to equity: 7.36; Net margin: -3.8%; Gross margin: 56.5%; Operating margin: 17.5%; Return on assets: -1.4%; Return on equity: -12.6%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $11.49B, Period end: 2025-12-31, Net result: -$502.00M
  • FY2024 — R&D: $0, Revenue: $11.24B, Period end: 2024-12-31, Net result: -$278.00M
  • FY2023 — R&D: $0, Revenue: $11.53B, Period end: 2023-12-31, Net result: $786.00M
  • FY2022 — R&D: $0, Revenue: $10.82B, Period end: 2022-12-31, Net result: -$899.00M
  • FY2021 — R&D: $0, Revenue: $9.57B, Period end: 2021-12-31, Net result: -$1.02B
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: -$0.3 per share, SG&A: $521.00M, EPS basic: -$0.3 per share, EPS basis: diluted, Revenue: $2.99B, EPS diluted: -$0.3 per share, Net result: -$41.00M, Gross profit: $2.99B, Operating result: $513.00M
  • Quarter ended 2026-03-31 — EPS: -$0.48 per share, SG&A: $592.00M, EPS basic: -$0.48 per share, EPS basis: diluted, Revenue: $2.87B, EPS diluted: -$0.48 per share, Net result: -$98.00M, Gross profit: $1.44B, Operating result: $500.00M
  • Quarter ended 2025-12-31 — EPS: -$1.23 per share, SG&A: $564.00M, EPS basic: -$1.23 per share, EPS basis: diluted, Revenue: $2.92B, EPS diluted: -$1.23 per share, Net result: -$250.00M, Gross profit: $1.09B, Operating result: $525.00M
  • Quarter ended 2025-09-30 — EPS: -$0.27 per share, SG&A: $483.00M, EPS basic: -$0.27 per share, EPS basis: diluted, Revenue: $2.87B, EPS diluted: -$0.27 per share, Net result: -$55.00M, Gross profit: $1.06B, Operating result: $503.00M
  • Quarter ended 2025-06-30 — EPS: -$0.39 per share, SG&A: $477.00M, EPS basic: -$0.39 per share, EPS basis: diluted, Revenue: $2.91B, EPS diluted: -$0.39 per share, Net result: -$82.00M, Gross profit: $1.49B, Operating result: $526.00M
  • Quarter ended 2025-03-31 — EPS: -$0.54 per share, SG&A: $483.00M, EPS basic: -$0.54 per share, EPS basis: diluted, Revenue: $2.79B, EPS diluted: -$0.54 per share, Net result: -$115.00M, Gross profit: $1.41B, Operating result: $488.00M
  • Quarter ended 2024-12-31 — EPS: $0.0512 per share, SG&A: $477.00M, EPS basic: $0.0512 per share, EPS basis: diluted, Revenue: $2.80B, EPS diluted: $0.0512 per share, Net result: $11.00M, Gross profit: $1.40B, Operating result: $669.00M
  • Quarter ended 2024-09-30 — EPS: -$0.0419 per share, SG&A: $478.00M, EPS basic: -$0.0419 per share, EPS basis: diluted, Revenue: $2.87B, EPS diluted: -$0.0419 per share, Net result: -$9.00M, Gross profit: $1.52B, Operating result: $644.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$125.00M, Operating cash flow: $471.00M
  • Quarter ended 2026-03-31 — Capital expenditure: -$210.00M, Operating cash flow: $204.00M
  • Quarter ended 2025-12-31 — Capital expenditure: -$157.00M, Operating cash flow: $304.00M
  • Quarter ended 2025-09-30 — Capital expenditure: -$195.00M, Operating cash flow: $318.00M
  • Quarter ended 2025-06-30 — Capital expenditure: -$230.00M, Operating cash flow: $462.00M
  • Quarter ended 2025-03-31 — Capital expenditure: -$223.00M, Operating cash flow: $241.00M
  • Quarter ended 2024-12-31 — Capital expenditure: -$279.00M, Operating cash flow: $309.00M
  • Quarter ended 2024-09-30 — Capital expenditure: -$424.00M, Operating cash flow: $271.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Management outlook — dated call excerpts
Captured record · 3 entries
  • Call of 2026-04-28 — Quote: With the completion of our Tahoe Master Plan scheduled in June 2026, we will have successfully completed all major large planned regional CapEx projects since the completion of the merger back in 2020. in total, we have invested over $3 billion in CapEx into our regional portfolio over the last 5 years., Speaker: Anthony Carano
  • Call of 2026-04-28 — Quote: As we look ahead to 2026 in our regional segment, we expect to benefit from a group mix in Arena, the inclusion of Caesars Windsor, the completion of our $200 million Taco Master Plan renovation this month, hosting of select property events around the World Cup and continued return on investment on recent strategic marketing reinvestment., Speaker: Anthony Carano
  • Call of 2026-04-28 — Quote: We expect to deliver strong free cash flow in 2026 during the balance of the year as a result of continued operating momentum, lower cash interest expense and lower CapEx., Speaker: Bret Yunker

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-04-28OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Distress and quality screens
Altman Z-score: 0.52; Piotroski F-score: 7

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-13FMPFinancial Modeling Prep (FMP) financial scores
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2025 — EPS average: -$1.33 per share, Revenue average: $11.46B, Revenue low: $11.42B, Revenue high: $11.49B, Analysts (revenue): 12
  • FY2026 — EPS average: -$0.89 per share, Revenue average: $11.87B, Revenue low: $11.85B, Revenue high: $11.93B, Analysts (revenue): 12
  • FY2027 — EPS average: $0.22 per share, Revenue average: $12.15B, Revenue low: $12.00B, Revenue high: $12.43B, Analysts (revenue): 13
  • FY2028 — EPS average: $0.17 per share, Revenue average: $12.20B, Revenue low: $11.88B, Revenue high: $13.09B, Analysts (revenue): 8
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Next earnings report
Date: 2026-10-27; EPS estimate: -$0.07 per share; Revenue estimate: $2.98B

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst actions, most recent per firm
Captured record · 10 entries
  • 2026-07-29 — Firm: Macquarie, Action: maintain, Rating: Neutral, Previous rating: Neutral
  • 2026-07-29 — Firm: TD Cowen, Action: downgrade, Rating: Hold, Previous rating: Buy
  • 2026-07-09 — Firm: Barclays, Action: downgrade, Rating: Equal Weight, Previous rating: Overweight
  • 2026-06-15 — Firm: Stifel, Action: downgrade, Rating: Hold, Previous rating: Buy
  • 2026-06-02 — Firm: Wells Fargo, Action: maintain, Rating: Equal Weight, Previous rating: Equal Weight
  • 2026-06-01 — Firm: Deutsche Bank, Action: downgrade, Rating: Hold, Previous rating: Buy
  • 2026-05-29 — Firm: CBRE, Action: downgrade, Rating: Hold, Previous rating: Buy
  • 2026-05-29 — Firm: Susquehanna, Action: downgrade, Rating: Neutral, Previous rating: Positive
  • 2026-05-29 — Firm: JP Morgan, Action: downgrade, Rating: Neutral, Previous rating: Overweight
  • 2026-05-29 — Firm: Truist Securities, Action: downgrade, Rating: Hold, Previous rating: Buy

One row per firm — the firm's most recent action in our feed. Other data vendors may carry firms ours does not.

2026-07-29FMPFinancial Modeling Prep (FMP) analyst grades
Insider transactions, last 180 days
Net shares: -595,003; Window days: 180; Price low: $29.19; Price high: $29.72; Buy transactions: 0; Distinct insiders: 5; Sell transactions: 12; Other transactions: 0; Total transactions: 12; Unknown direction transactions: 0

Purchase and sale counts require explicit provider transaction types, without a conflicting acquisition/disposition direction. Other transactions retain their provider type; awards, exercises, gifts and in-kind transactions are not counted as purchases or sales. Net shares sums acquired minus disposed shares across direction-known records, including other transaction types; unknown directions are excluded. It is not net purchases or a verified change in beneficial ownership. Named-insider counts, same-day clusters and positive reported prices cover all retained records. Filing dates are used only when transaction dates are absent. Neither timing nor price establishes motive or whether a transaction was on the open market.

2026-08-27FMPFinancial Modeling Prep (FMP) insider transactions, from Form 4 filings
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.