Currently, Caesars Entertainment has a gross margin of 53%, an operating margin of 15.4%, an EBITDA margin of 27.1%, and a net margin of -4.5%; its net margin is negative at -4.5%. All available margins contracted year over year, led by EBITDA margin with a decline of 4 percentage points.
Caesars Entertainment's margins averaged 54.8% gross, 18.79% operating, 30% EBITDA, and -1.47% net during the last 3 years. All four current margins are lower than their three-year averages.
Year over year, gross, operating, EBITDA, and net margins all declined, with EBITDA margin showing the largest decrease at 4 percentage points.
Across the last 3 years, Caesars Entertainment's gross margin came to 54.8%. The current gross margin stands at 53%, 1.8 percentage points below its three-year average. Gross margin was highest at 57% in Dec 2023 and lowest at 53% in Sep 2026.
Over the last 3 years, Caesars Entertainment had an average operating margin of 18.79%. At present, Caesars Entertainment's current operating margin is 15.4%, which is 3.4 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 15.4% at its lowest in Sep 2026.
In the last 3 years, Caesars Entertainment had an average EBITDA margin of 30%. Caesars Entertainment's current EBITDA margin is 27.1% and is 2.9 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 27.1% at its lowest in Sep 2026.
The average net margin for Caesars Entertainment was -1.47% during the last 3 years. At present, the current net margin for Caesars Entertainment is -4.5%, 3 percentage points below its three-year average. The net margin for Caesars Entertainment moved between -4.5% in Sep 2026 and 6.8% in Dec 2023.
Caesars Entertainment's gross margin of 53% 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 46% higher.
The current gross margin for CZR is 53% as of Sep 30, 2026.
For the period ending Sep 30, 2026, CZR recorded an operating margin of 15.4%.
The current EBITDA margin for CZR is 27.1% as of Sep 30, 2026.
As of Sep 30, 2026, CZR has a net margin of -4.5%.
Caesars Entertainment's average margins over the last 3 years were 54.8% gross, 18.8% operating, 30.0% EBITDA, and -1.5% net.
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.
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.