Caesars Entertainment Corporation (CZR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,304,000 | 2,472,000 | 1,739,000 | 1,460,000 | -383,000 |
| Revenue | US$ in thousands | 11,218,000 | 9,002,000 | 8,497,000 | 7,105,000 | 2,245,000 |
| Operating profit margin | 20.54% | 27.46% | 20.47% | 20.55% | -17.06% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,304,000K ÷ $11,218,000K
= 20.54%
Caesars Entertainment Corporation's operating profit margin has shown significant fluctuations over the years based on the provided data. The margin was negative at -17.06% as of December 31, 2020, indicating operational inefficiencies or financial challenges. However, there was a remarkable improvement in the following years, with the margin increasing to 20.55% by December 31, 2021.
Subsequently, the company maintained a relatively stable operating profit margin, hovering around the 20% mark in the years 2022 and 2024. Notably, there was a notable increase in profitability by December 31, 2023, where the operating profit margin reached 27.46%.
Overall, the positive trend in operating profit margins from 2020 to 2024 suggests that Caesars Entertainment Corporation implemented strategies to enhance operational efficiency and profitability. However, it is essential for the company to monitor and sustain these improvements to ensure long-term financial health and stability.
Peer comparison
Dec 31, 2024