Caesars Historical Income Statement
| CZR Stock | USD 33.40 0.07 0.21% |
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.
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.
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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
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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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Caesars Entertainment whose combined shares represent less than 50% of the total outstanding shares issued by Caesars Entertainment have a minority interest in Caesars Entertainment.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 closely tied 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 EBITDA is relatively stable compared to the past year. As of 12/26/2024, Cost Of Revenue is likely to grow to about 5.7 B, while Income Before Tax is likely to drop (63 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.9B | 5.4B | 6.1B | 6.4B | Total Revenue | 9.6B | 10.8B | 11.5B | 12.1B |
Caesars Entertainment income statement Correlations
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Caesars Entertainment Account Relationship Matchups
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High Negative Relationship
Caesars Entertainment income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 597M | 1.2B | 1.3B | 1.3B | 1.3B | |
| Interest Expense | 286.2M | 1.2B | 2.3B | 2.3B | 2.4B | 2.2B | |
| Selling General Administrative | 542.7M | 1.1B | 2.1B | 2.4B | 2.0B | 2.1B | |
| Total Revenue | 2.5B | 3.5B | 9.6B | 10.8B | 11.5B | 12.1B | |
| Gross Profit | 1.3B | 1.7B | 4.9B | 5.4B | 6.1B | 6.4B | |
| Other Operating Expenses | 2.1B | 3.4B | 7.9B | 9.0B | 9.1B | 9.5B | |
| Operating Income | 410.0M | 222M | 1.5B | 1.7B | 2.5B | 2.6B | |
| Ebit | 667.4M | (404M) | 1.7B | 1.8B | 2.3B | 3.4B | |
| Ebitda | 667.5M | 193M | 2.8B | 3.1B | 3.6B | 3.6B | |
| Cost Of Revenue | 1.2B | 1.8B | 4.6B | 5.4B | 5.4B | 5.7B | |
| Total Operating Expenses | 893.6M | 1.7B | 3.2B | 3.6B | 3.7B | 3.8B | |
| Income Before Tax | 125.0M | (1.6B) | (1.3B) | (565M) | (60M) | (63M) | |
| Total Other Income Expense Net | (285.0M) | (1.2B) | (2.7B) | (2.3B) | (2.5B) | (2.4B) | |
| Net Income | 81.0M | (1.8B) | (986M) | (524M) | 786M | 825.3M | |
| Income Tax Expense | 44.0M | 126M | (283M) | (41M) | (888M) | (932.4M) | |
| Net Income Applicable To Common Shares | 81M | (1.8B) | (1.0B) | (899M) | (809.1M) | (768.6M) | |
| Net Income From Continuing Ops | (1.2B) | (1.8B) | (986M) | (524M) | 828M | 869.4M | |
| Tax Provision | (141M) | 126M | (283M) | (41M) | (888M) | (843.6M) | |
| Interest Income | 174.3M | 277.5M | 16M | 12M | 10.8M | 10.3M | |
| Net Interest Income | (1.4B) | (1.2B) | (2.3B) | (2.3B) | (2.3B) | (2.5B) | |
| Reconciled Depreciation | 221.5M | 583M | 1.1B | 1.2B | 1.3B | 732.3M |
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
| 0.88 | BH | Biglari Holdings | PairCorr |
| 0.86 | CSV | Carriage Services | PairCorr |
| 0.81 | EAT | Brinker International | PairCorr |
| 0.79 | WH | Wyndham Hotels Resorts | PairCorr |
| 0.77 | EXPE | Expedia Group | PairCorr |
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.Additional Tools for Caesars Stock Analysis
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.