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Caesars Entertainment Valuation Multiples
Discover revenue and EBITDA valuation multiples for Caesars Entertainment and similar public comparables like Endeavour Group, Atour Lifestyle Holdings, Vail Resorts, Entain and more.
Caesars Entertainment Overview
About Caesars Entertainment
Caesars Entertainment includes about 50 domestic gaming properties across the Las Vegas (47% of the estimated 2025 EBITDAR before corporate expenses) and regional (49%) markets. Additionally, the company hosts managed properties and digital assets that produced marginal EBITDA in 2024. 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.
Founded
1973
HQ
Employees
50.0K
Website
Financials (LTM)
EV
$29B
Caesars Entertainment Financials
Caesars Entertainment reported last 12-month revenue of $12B and EBITDA of $2B.
In the same LTM period, Caesars Entertainment generated $2B in EBITDA and had net loss of ($384M).
Revenue (LTM)
Caesars Entertainment P&L
In the most recent fiscal year, Caesars Entertainment reported revenue of $11B and EBITDA of $3B.
Caesars Entertainment expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $12B | XXX | $11B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $6B | XXX | XXX | XXX |
| Gross Margin | — | XXX | 50% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $3B | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 29% | XXX | XXX | XXX |
| EBIT Margin | 17% | XXX | 18% | XXX | XXX | XXX |
| Net Profit | ($384M) | XXX | ($502M) | XXX | XXX | XXX |
| Net Margin | (3%) | XXX | (4%) | XXX | XXX | XXX |
| Net Debt | — | — | $11B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Caesars Entertainment Stock Performance
Caesars Entertainment has current market cap of $5B, and enterprise value of $29B.
Market Cap Evolution
Caesars Entertainment's stock price is $24.64.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $29B | $5B | 0.0% | XXX | XXX | XXX | $-2.47 |
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Start Free TrialCaesars Entertainment Valuation Multiples
Caesars Entertainment trades at 2.5x EV/Revenue multiple, and 12.7x EV/EBITDA.
EV / Revenue (LTM)
Caesars Entertainment Financial Valuation Multiples
As of March 30, 2026, Caesars Entertainment has market cap of $5B and EV of $29B.
Equity research analysts estimate Caesars Entertainment's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Caesars Entertainment has a P/E ratio of (13.1x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV (current) | $29B | XXX | $29B | XXX | XXX | XXX |
| EV/Revenue | 2.5x | XXX | 2.5x | XXX | XXX | XXX |
| EV/EBITDA | 12.7x | XXX | 8.8x | XXX | XXX | XXX |
| EV/EBIT | 14.8x | XXX | 14.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 5.1x | XXX | XXX | XXX |
| P/E | (13.1x) | XXX | (10.0x) | XXX | XXX | XXX |
| EV/FCF | 42.4x | XXX | 47.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Caesars Entertainment Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Caesars Entertainment Margins & Growth Rates
Caesars Entertainment's revenue in the last 12 month grew by 2%.
Caesars Entertainment's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Caesars Entertainment's rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Caesars Entertainment's rule of X is 26% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Caesars Entertainment Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 29% | XXX | XXX | XXX |
| EBITDA Growth | 4% | XXX | (29%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 22% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 26% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 17% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 32% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Caesars Entertainment Public Comps
See public comps and valuation multiples for other Casinos & Gambling and Accommodation comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Endeavour Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Atour Lifestyle Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Vail Resorts | XXX | XXX | XXX | XXX | XXX | XXX |
| Entain | XXX | XXX | XXX | XXX | XXX | XXX |
| Choice Hotels | 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 M&A Activity
Caesars Entertainment acquired XXX companies to date.
Last acquisition by Caesars Entertainment was on XXXXXXXX, XXXXX. Caesars Entertainment acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Caesars Entertainment
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialCaesars Entertainment Investment Activity
Caesars Entertainment invested in XXX companies to date.
Caesars Entertainment made its latest investment on XXXXXXXX, XXXXX. Caesars Entertainment invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Caesars Entertainment
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Caesars Entertainment
| When was Caesars Entertainment founded? | Caesars Entertainment was founded in 1973. |
| Where is Caesars Entertainment headquartered? | Caesars Entertainment is headquartered in United States. |
| How many employees does Caesars Entertainment have? | As of today, Caesars Entertainment has over 50K employees. |
| Who is the CEO of Caesars Entertainment? | Caesars Entertainment's CEO is Thomas R. Reeg. |
| Is Caesars Entertainment publicly listed? | Yes, Caesars Entertainment is a public company listed on Nasdaq. |
| 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? | Caesars Entertainment main competitors are Endeavour Group, Atour Lifestyle Holdings, Vail Resorts, Entain. |
| What is the current market cap of Caesars Entertainment? | Caesars Entertainment's current market cap is $5B. |
| What is the current revenue of Caesars Entertainment? | Caesars Entertainment's last 12 months revenue is $12B. |
| What is the current revenue growth of Caesars Entertainment? | Caesars Entertainment revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of Caesars Entertainment? | Current revenue multiple of Caesars Entertainment is 2.5x. |
| Is Caesars Entertainment profitable? | Yes, Caesars Entertainment is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Caesars Entertainment? | Caesars Entertainment's last 12 months EBITDA is $2B. |
| What is Caesars Entertainment's EBITDA margin? | Caesars Entertainment's last 12 months EBITDA margin is 20%. |
| What is the current EV/EBITDA multiple of Caesars Entertainment? | Current EBITDA multiple of Caesars Entertainment is 12.7x. |
| What is the current FCF of Caesars Entertainment? | Caesars Entertainment's last 12 months FCF is $685M. |
| What is Caesars Entertainment's FCF margin? | Caesars Entertainment's last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of Caesars Entertainment? | Current FCF multiple of Caesars Entertainment is 42.4x. |
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