Stocks Consumer discretionary CZR
NASDAQ · Consumer discretionaryCaesars Entertainment, Inc. (CZR)
Caesars Entertainment, Inc. brought in $11.7B of revenue over the twelve months to September 30, 2026, up 3.1% from a year earlier. It posted a net loss of $533M. Operating cash flow minus capital spending left $497M of free cash flow in fiscal 2025. At September 30, 2026 it held $864M in cash against $11.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 27, 2026.
Key facts about Caesars Entertainment, Inc.
- Net worth
- Caesars Entertainment, Inc. has a market value (market cap) of $6B at the latest share price, and shareholders' equity of $3.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $11.5B (+2.1% year on year), with a net loss of $502M. Over the 12 months to September 30, 2026: revenue $11.7B, net loss $533M.
- Cash flow
- In fiscal 2025 operations brought in $1.3B of cash; after $805M of capital spending, free cash flow was $497M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 27, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Caesars Entertainment, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Caesars Entertainment, Inc. does
Caesars Entertainment, Inc. is registered with the SEC under industry code SIC 7011 (Hotels & Motels). Its shares trade on NASDAQ under the ticker CZR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $11.5B | -$502M | -$2.42 | $497M |
| 2024 | $11.2B | -$278M | -$1.29 | -$221M |
| 2023 | $11.5B | $786M | $3.64 | $545M |
| 2022 | $10.8B | -$899M | -$4.19 | $41M |
| 2021 | $9.6B | -$1B | -$4.83 | $679M |
| 2020 | $3.6B | -$1.8B | -$13.50 | -$725M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CZR ranks in Consumer discretionary
Latest SEC filings
What Caesars Entertainment, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 27, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 2.5% to $2.9B versus the same quarter last year; diluted EPS -$0.61 versus -$0.27.
- October 27, 2026
- September 23, 2026
- September 22, 2026Additional proxy material DEFA14A
- September 22, 2026Other event 8-K
- September 17, 2026Additional proxy material DEFA14A
- September 17, 2026Executive or director change8-KCaesars Entertainment announced board resignations, an FTC regulatory inquiry on its merger, and a proxy deadline clarification.
- August 26, 2026Merger proxy statement DEFM14A
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 12, 2026Passive stake changed SCHEDULE 13G/A
What is CZR worth? A DCF from its reported cash flow
Insider trades
What the people running Caesars Entertainment, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $9.8M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 15, 2026 | Tomick David PDirector | Sold | 7,142 | $212.2K |
| September 14, 2026 | Tomick David PDirector | Sold | 7,000 | $207.6K |
| September 11, 2026 | Tomick David PDirector | Sold | 7,000 | $207.8K |
| September 10, 2026 | Tomick David PDirector | Sold | 7,000 | $207.7K |
| August 27, 2026 | Jones Blackhurst Janis LDirector | Sold | 33,899 | $1M |
| August 19, 2026 | Yunker BretChief Financial Officer | Sold | 208,134 | $6.2M |
| August 14, 2026 | Jones JoshChief Marketing Officer | Sold | 59,507 | $1.8M |
| June 12, 2026 | Pegram Michael EDirector | Soldindirect | 16,897 | $497.7K |
Who owns CZR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Pentwater Capital Management LP13G, passive with 1 related filers | 5.6% | August 14, 2026 |
| Vanguard Portfolio Management13G, passive | 5.1% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.08% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 412 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 27,501,706 | +2,088,242 |
| Pentwater Capital Management LP | 11,465,000 | +8,815,000 |
| Vanguard Portfolio Management LLC | 10,304,031 | -40,334 |
| Vanguard Capital Management LLC | 8,874,288 | +44,990 |
| Morgan Stanley | 7,934,764 | +2,357,453 |
| State Street Corp | 6,684,986 | +58,237 |
| Balyasny Asset Management L.P. | 5,979,100 | +4,379,172 |
| Kite Lake Capital Management (UK) LLP | 5,510,000 | +4,980,000 |
| Geode Capital Management, LLC | 3,668,045 | -14,683 |
| Mizuho Markets Americas LLC | 3,400,000 | +1,800,000 |
| Whitebox Advisors LLC | 3,379,426 | +3,266,261 |
| Bank of America Corp | 3,186,528 | -1,734,433 |
| Charles Schwab Investment Management Inc | 2,828,273 | +72,960 |
| Goldman Sachs Group Inc | 2,656,519 | -15,758 |
| Norges Bank | 2,573,940 | new |
| Icahn Carl C | 2,440,109 | 0 |
| Arini Capital Management Ltd | 2,371,084 | -1,492,480 |
| UBS Group AG | 2,149,322 | +1,145,905 |
| Healthcare of Ontario Pension Plan Trust Fund | 2,000,000 | -2,000,000 |
| Nomura Holdings Inc | 1,895,595 | +1,022,471 |
Insiders
9 insiders reported holding 1,475,032 shares in total, about $43.2M at the last price.
| Holder | Shares |
|---|---|
| Reeg ThomasChief Executive Officer, Director | 648,074362,231 held indirectly |
| Carano Anthony L.President and COO | 309,861 |
| Carano Gary L.Exec. Chairman of the Board, Director | 281,540 |
| Lepori StephanieCAO and Chief Admin Officer | 81,650 |
| Mather CourtneyDirector | 48,805 |
| Biumi BonnieDirector | 43,149 |
| Tomick David PDirector | 25,4197,650 held indirectly |
| Fahrenkopf Frank J JrDirector | 18,271 |
| Quatmann Edmund L JrChief Legal Officer | 18,263 |
Questions about CZR
What does Caesars Entertainment, Inc. do?
Caesars Entertainment, Inc. is a company in the Consumer discretionary sector, listed on NASDAQ as CZR. Its shares trade on NASDAQ under the ticker CZR.
What is Caesars Entertainment, Inc.'s net worth?
Caesars Entertainment, Inc. has a market value (market cap) of $6B at the latest share price, and shareholders' equity of $3.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Caesars Entertainment, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $533M on revenue of $11.7B.
How much revenue does Caesars Entertainment, Inc. make?
Over the twelve months to September 30, 2026 Caesars Entertainment, Inc. reported revenue of $11.7B. That is 3.1% more than a year earlier.
When did Caesars Entertainment, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 27, 2026. It covers the period to September 30, 2026.
When is Caesars Entertainment, Inc.'s next earnings report?
Caesars Entertainment, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Caesars Entertainment, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.