Caesars Entertainment Corporation (CZR)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -228,000 | -165,000 | 764,000 | 786,000 | 710,000 | 688,000 | -355,000 | -899,000 | -1,185,000 | -1,470,000 | -1,276,000 | -1,019,000 | -1,140,000 | -1,833,000 | -2,004,000 | -1,757,000 | -1,215,219 | -252,219 | -133,283 | 80,946 |
| Revenue (ttm) | US$ in thousands | 10,022,000 | 9,652,000 | 9,059,000 | 9,002,000 | 8,914,000 | 8,808,000 | 8,788,000 | 8,497,000 | 8,297,000 | 8,000,000 | 7,631,000 | 7,022,000 | 6,554,000 | 6,226,000 | 4,375,334 | 3,638,781 | 2,733,905 | 1,646,701 | 2,153,324 | 2,331,508 |
| Net profit margin | -2.27% | -1.71% | 8.43% | 8.73% | 7.96% | 7.81% | -4.04% | -10.58% | -14.28% | -18.38% | -16.72% | -14.51% | -17.39% | -29.44% | -45.80% | -48.29% | -44.45% | -15.32% | -6.19% | 3.47% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-228,000K ÷ $10,022,000K
= -2.27%
The net profit margin of Caesars Entertainment Corporation has exhibited fluctuating trends over the reporting periods provided in the data. It started at a positive level of 3.47% on December 31, 2019, then turned negative in subsequent periods, reaching its lowest point of -48.29% on December 31, 2020.
The company's net profit margin remained negative for the following quarters, indicating challenges in generating profits relative to its revenue during this period. However, there was a notable improvement in profitability from the second quarter of 2023 onwards, with the net profit margin turning positive and gradually increasing.
By the end of December 31, 2024, the net profit margin had recovered to a moderate level of -2.27%. This recovery may suggest that the company implemented strategies to enhance efficiency and profitability, reflecting a positive trend in its financial performance. Nevertheless, Caesars Entertainment Corporation should continue monitoring its net profit margin to ensure sustained profitability in the future.
Peer comparison
Dec 31, 2024