Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah’s, Tropicana, Bally’s, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
1973
24K+
LTM Revenue $11.3B
LTM EBITDA $3.8B
$33.0B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Caesars Entertainment has a last 12-month revenue of $11.3B and a last 12-month EBITDA of $3.8B.
In the most recent fiscal year, Caesars Entertainment achieved revenue of $11.5B and an EBITDA of $3.6B.
Caesars Entertainment expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Caesars Entertainment valuation multiples based on analyst estimatesFY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $10.8B | $11.5B | $11.3B | $11.3B | XXX |
Gross Profit | $4.9B | $5.4B | $6.1B | XXX | XXX |
Gross Margin | 45% | 47% | 54% | XXX | XXX |
EBITDA | $2.9B | $3.6B | $3.8B | $3.8B | XXX |
EBITDA Margin | 27% | 31% | 34% | 34% | XXX |
Net Profit | -$1.0B | -$899M | $786M | XXX | XXX |
Net Margin | -9% | -8% | 7% | XXX | XXX |
Net Debt | $12.7B | $11.7B | $11.3B | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of February 14, 2025, Caesars Entertainment's stock price is $40.
Caesars Entertainment has current market cap of $8.4B, and EV of $33.0B.
See Caesars Entertainment trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$33.0B | $8.4B | XXX | XXX | XXX | XXX | $-1.16 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of February 14, 2025, Caesars Entertainment has market cap of $8.4B and EV of $33.0B.
Caesars Entertainment's trades at 2.9x LTM EV/Revenue multiple, and 8.7x LTM EBITDA.
Analysts estimate Caesars Entertainment's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Caesars Entertainment and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $33.0B | XXX | XXX | XXX |
EV/Revenue | 2.9x | XXX | XXX | XXX |
EV/EBITDA | 8.8x | XXX | XXX | XXX |
P/E | -29.6x | XXX | XXX | XXX |
P/E/Growth | n/a | XXX | XXX | XXX |
EV/FCF | 71.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpCaesars Entertainment's NTM/LTM revenue growth is 3%
Caesars Entertainment's revenue per employee for the last fiscal year averaged $0.5M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Caesars Entertainment's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Caesars Entertainment's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Caesars Entertainment and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | -2% | XXX | XXX | XXX | XXX |
EBITDA Margin | 34% | XXX | XXX | XXX | XXX |
EBITDA Growth | 6% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 37% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.5M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 17% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
Opex to Revenue | 31% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
---|---|---|---|---|---|---|
2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
High Roller Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
Ainsworth Game Technology | XXX | XXX | XXX | XXX | XXX | XXX |
Aristocrat Leisure | XXX | XXX | XXX | XXX | XXX | XXX |
BlueBet Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Caesars Entertainment acquired XXX companies to date.
Last acquisition by Caesars Entertainment was XXXXXXXX, XXXXX XXXXX XXXXXX . Caesars Entertainment acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign UpWhen was Caesars Entertainment founded? | Caesars Entertainment was founded in 1973. |
Where is Caesars Entertainment headquartered? | Caesars Entertainment is headquartered in United States of America. |
How many employees does Caesars Entertainment have? | As of today, Caesars Entertainment has 24K+ employees. |
Who is the CEO of Caesars Entertainment? | Caesars Entertainment's CEO is Mr. Thomas R. Reeg. |
Is Caesars Entertainment publicy listed? | Yes, Caesars Entertainment is a public company listed on NAS. |
What is the stock symbol of Caesars Entertainment? | Caesars Entertainment trades under CZR ticker. |
When did Caesars Entertainment go public? | Caesars Entertainment went public in 2014. |
Who are competitors of Caesars Entertainment? | Similar companies to Caesars Entertainment include e.g. High Roller Technologies, Ainsworth Game Technology, Aristocrat Leisure, BlueBet Holdings. |
What is the current market cap of Caesars Entertainment? | Caesars Entertainment's current market cap is $8.4B |
What is the current revenue of Caesars Entertainment? | Caesars Entertainment's last 12-month revenue is $11.3B. |
What is the current EBITDA of Caesars Entertainment? | Caesars Entertainment's last 12-month EBITDA is $3.8B. |
What is the current EV/Revenue multiple of Caesars Entertainment? | Current revenue multiple of Caesars Entertainment is 2.9x. |
What is the current EV/EBITDA multiple of Caesars Entertainment? | Current EBITDA multiple of Caesars Entertainment is 8.7x. |
What is the current revenue growth of Caesars Entertainment? | Caesars Entertainment revenue growth between 2023 and 2024 was -2%. |
Is Caesars Entertainment profitable? | Yes, Caesars Entertainment is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.