Caesars Historical Income Statement

CZR Stock  USD 35.82  1.75  4.66%   
Historical analysis of Caesars Entertainment income statement accounts such as Interest Expense of 2.2 B, Selling General Administrative of 2.1 B or Total Revenue of 12.1 B can show how well Caesars Entertainment performed in making a profits. Evaluating Caesars Entertainment income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Caesars Entertainment's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Caesars Entertainment latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Caesars Entertainment is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.

About Caesars Income Statement Analysis

Caesars Entertainment Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Caesars Entertainment shareholders. The income statement also shows Caesars investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Caesars Entertainment Income Statement Chart

Caesars Entertainment Income Statement is one of the three primary financial statements used for reporting Caesars's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Caesars Entertainment revenue and expense. Caesars Entertainment Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Caesars Entertainment's Cost Of Revenue is relatively stable compared to the past year. As of 05/01/2024, Total Operating Expenses is likely to grow to about 3.8 B, while EBITDA is likely to drop slightly above 3.7 B.

Total Revenue

Total revenue comprises all receipts Caesars Entertainment generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Caesars Entertainment minus its cost of goods sold. It is profit before Caesars Entertainment operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Caesars Entertainment. It is also known as Caesars Entertainment overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Caesars Entertainment's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Caesars Entertainment current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.At this time, Caesars Entertainment's Cost Of Revenue is relatively stable compared to the past year. As of 05/01/2024, Total Operating Expenses is likely to grow to about 3.8 B, while EBITDA is likely to drop slightly above 3.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B5.4B6.1B6.4B
Total Revenue9.6B10.8B11.5B12.1B

Caesars Entertainment income statement Correlations

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0.990.970.961.00.990.970.940.990.990.99-0.39-0.570.04-0.8-0.260.22-0.490.1-0.280.7-0.22-0.43-0.24-0.880.86
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0.90.850.820.930.940.90.990.960.910.89-0.13-0.30.31-0.88-0.250.25-0.410.09-0.260.7-0.33-0.4-0.21-0.880.78
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0.990.980.981.00.991.00.940.910.971.0-0.45-0.63-0.03-0.77-0.250.21-0.490.09-0.270.66-0.19-0.43-0.23-0.840.83
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-0.67-0.73-0.75-0.6-0.57-0.65-0.37-0.3-0.5-0.63-0.680.90.760.10.170.030.39-0.060.18-0.36-0.190.350.190.44-0.58
-0.1-0.18-0.20.010.04-0.060.250.310.11-0.03-0.10.870.76-0.440.020.220.140.00.01-0.02-0.40.170.06-0.09-0.1
-0.71-0.72-0.69-0.79-0.8-0.76-0.85-0.88-0.81-0.77-0.750.070.1-0.440.22-0.30.29-0.090.22-0.420.440.390.170.6-0.51
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0.190.170.170.210.220.20.250.250.230.210.190.080.030.22-0.3-0.46-0.510.91-0.550.17-0.2-0.01-0.58-0.210.15
-0.49-0.5-0.5-0.49-0.49-0.5-0.44-0.41-0.47-0.49-0.510.310.390.140.290.38-0.51-0.470.43-0.46-0.21-0.010.420.48-0.42
0.110.10.090.090.10.090.10.090.10.090.09-0.05-0.060.0-0.09-0.620.91-0.47-0.710.12-0.010.04-0.74-0.140.12
-0.27-0.28-0.27-0.27-0.28-0.27-0.26-0.26-0.27-0.27-0.280.130.180.010.220.98-0.550.43-0.71-0.190.160.00.990.27-0.24
0.720.630.620.680.70.660.710.70.730.660.67-0.24-0.36-0.02-0.42-0.230.17-0.460.12-0.19-0.310.0-0.23-0.90.77
-0.16-0.12-0.11-0.21-0.22-0.18-0.28-0.33-0.25-0.19-0.16-0.2-0.19-0.40.440.22-0.2-0.21-0.010.16-0.310.020.180.23-0.13
-0.47-0.5-0.42-0.43-0.43-0.43-0.41-0.4-0.43-0.43-0.430.40.350.170.39-0.04-0.01-0.010.040.00.00.02-0.070.24-0.48
-0.24-0.24-0.24-0.23-0.24-0.23-0.21-0.21-0.23-0.23-0.250.160.190.060.170.98-0.580.42-0.740.99-0.230.18-0.070.26-0.22
-0.88-0.8-0.78-0.86-0.88-0.84-0.9-0.88-0.91-0.84-0.830.220.44-0.090.60.28-0.210.48-0.140.27-0.90.230.240.26-0.91
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Click cells to compare fundamentals

Caesars Entertainment Account Relationship Matchups

Caesars Entertainment income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization257.6M583M1.2B1.4B1.3B1.3B
Interest Expense286.2M1.2B2.3B2.3B2.4B2.2B
Selling General Administrative542.7M1.1B2.1B2.4B2.0B2.1B
Total Revenue2.5B3.5B9.6B10.8B11.5B12.1B
Gross Profit1.3B1.7B4.9B5.4B6.1B6.4B
Other Operating Expenses2.1B3.4B7.9B9.0B9.0B9.4B
Operating Income410.0M222M1.5B1.7B2.5B2.6B
Ebit410.0M222M1.5B1.7B2.6B3.4B
Ebitda667.5M805M2.6B3.1B3.8B3.7B
Cost Of Revenue1.2B1.8B4.6B5.4B5.4B5.7B
Total Operating Expenses893.6M1.7B3.2B3.6B3.6B3.8B
Income Before Tax125.0M(1.6B)(1.3B)(565M)(60M)(63M)
Total Other Income Expense Net(285.0M)(1.9B)(2.7B)(2.3B)(272M)(285.6M)
Net Income81.0M(1.8B)(986M)(524M)786M825.3M
Income Tax Expense44.0M126M(283M)(41M)(888M)(932.4M)
Net Income Applicable To Common Shares81M(1.8B)(1.0B)(899M)(809.1M)(768.6M)
Net Income From Continuing Ops(1.2B)(1.8B)(986M)(524M)828M869.4M
Tax Provision(141M)126M(283M)(41M)(888M)(843.6M)
Interest Income174.3M277.5M16M12M10.8M10.3M
Net Interest Income(1.4B)(1.2B)(2.3B)(2.3B)(2.3B)(2.5B)
Reconciled Depreciation221.5M583M1.1B1.2B1.3B732.3M

Pair Trading with Caesars Entertainment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caesars Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caesars Entertainment will appreciate offsetting losses from the drop in the long position's value.

Moving against Caesars Stock

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The ability to find closely correlated positions to Caesars Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caesars Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caesars Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caesars Entertainment to buy it.
The correlation of Caesars Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caesars Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caesars Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Caesars Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Caesars Entertainment is a strong investment it is important to analyze Caesars Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Caesars Entertainment's future performance. For an informed investment choice regarding Caesars Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.
Note that the Caesars Entertainment information on this page should be used as a complementary analysis to other Caesars Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Caesars Entertainment's price analysis, check to measure Caesars Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caesars Entertainment is operating at the current time. Most of Caesars Entertainment's value examination focuses on studying past and present price action to predict the probability of Caesars Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caesars Entertainment's price. Additionally, you may evaluate how the addition of Caesars Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Caesars Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caesars Entertainment. If investors know Caesars will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caesars Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.417
Earnings Share
3.64
Revenue Per Share
53.619
Quarterly Revenue Growth
0.001
Return On Assets
0.0477
The market value of Caesars Entertainment is measured differently than its book value, which is the value of Caesars that is recorded on the company's balance sheet. Investors also form their own opinion of Caesars Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Caesars Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caesars Entertainment's market value can be influenced by many factors that don't directly affect Caesars Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caesars Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesars Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesars Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.