CZR Caesars Entertainment margins

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Relative Growth: Rel. Growth: 22
Relative Strength: Rel. Strength: 64
Relative Valuation: Rel. Valuation: 55
Relative Profitability: Rel. Profitability: 42
Gross margin
53.2%
Operating margin
15.9%
EBITDA margin
27.6%
Net margin
-4%

Currently, Caesars Entertainment has a gross margin of 53.2%, an operating margin of 15.9%, an EBITDA margin of 27.6%, and a net margin of -4%; its net margin is negative at -4%. All available margins contracted year over year, led by operating margin with a decline of 4.6 percentage points.

CZR margin history

Gross, operating, EBITDA and net margin trends

Caesars Entertainment's margins averaged 54.96% gross, 19.1% operating, 30.26% EBITDA, and -1.19% net during the last 3 years. All four current margins are lower than their three-year averages.

CZR margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all declined, with operating margin showing the largest decrease at 4.6 percentage points.

Gross margin expansion
-1.5pp
Operating margin expansion
-4.6pp
EBITDA margin expansion
-4.4pp
Net margin expansion
-2.3pp

CZR Gross margin

Across the last 3 years, Caesars Entertainment's gross margin came to 54.96%. The current gross margin stands at 53.2%, 1.8 percentage points below its three-year average. Gross margin was highest at 57% in Dec 2023 and lowest at 53.2% in Jun 2026.

CZR Operating margin

Over the last 3 years, Caesars Entertainment had an average operating margin of 19.1%. At present, Caesars Entertainment's current operating margin is 15.9%, which is 3.2 percentage points below its three-year average. Looking back over the last 3 years, Caesars Entertainment's operating margin reached 21.4% at its highest point in Dec 2023 and 15.9% at its lowest in Jun 2026.

CZR EBITDA margin

In the last 3 years, Caesars Entertainment had an average EBITDA margin of 30.26%. Caesars Entertainment's current EBITDA margin is 27.6% and is 2.7 percentage points below its three-year average. Looking back over the last 3 years, Caesars Entertainment's EBITDA margin reached 32% at its highest point in Jun 2025 and 27.6% at its lowest in Jun 2026.

CZR Net margin

The average net margin for Caesars Entertainment was -1.19% during the last 3 years. At present, the current net margin for Caesars Entertainment is -4%, 2.8 percentage points below its three-year average. The net margin for Caesars Entertainment moved between -4.4% in Dec 2025 and 6.8% in Dec 2023.

CZR margin group comparison

Margins compared with peer-group, industry and sector averages

Caesars Entertainment's gross margin of 53.2% is higher than the Consumer Cyclical sector, the industry and its peers average. Looking at the Consumer Cyclical sector average of 36.3%, Caesars Entertainment's gross margin is 47% higher.

CZR margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Caesars Entertainment's gross margin?

The current gross margin for CZR is 53.2% as of Jun 30, 2026.

What is Caesars Entertainment's operating margin?

For the period ending Jun 30, 2026, CZR recorded an operating margin of 15.9%.

What is Caesars Entertainment's EBITDA margin?

The current EBITDA margin for CZR is 27.6% as of Jun 30, 2026.

What is Caesars Entertainment's net margin?

As of Jun 30, 2026, CZR has a net margin of -4%.

What are the average margins of CZR?

Caesars Entertainment's average margins over the last 3 years were 55.0% gross, 19.1% operating, 30.3% EBITDA, and -1.2% net.

What are the highest historical margins of CZR?

Over this 5-year history, CZR peaked at 57.8% gross in Sep 2023, 21.4% operating in Dec 2023, 32% EBITDA in Jun 2025, and 6.8% net in Dec 2023.

What are the lowest historical margins of CZR?

Caesars Entertainment's lowest recorded margins during the past 5 years were 50.8% gross in Jun 2022, 12% operating in Jun 2022, 18.3% EBITDA in Mar 2022, and -14.1% net in Jun 2022.