Caesars Entertainment Corporation (CZR)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 32,590,000 | 33,366,000 | 33,527,000 | 38,031,000 | 36,385,000 |
| Operating ROA | 7.07% | 7.41% | 5.19% | 3.84% | -1.05% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $2,304,000K ÷ $32,590,000K
= 7.07%
Caesars Entertainment Corporation's operating return on assets (ROA) has shown a positive trend over the years, reflecting improved operational efficiency and profitability. From a negative figure of -1.05% on December 31, 2020, the company has made significant progress, with a notable increase to 3.84% by December 31, 2021. Subsequently, the operating ROA continued to grow to 5.19% by December 31, 2022, and further improved to 7.41% by December 31, 2023. Although there was a slight decrease to 7.07% by December 31, 2024, the overall trend indicates that Caesars Entertainment has effectively utilized its assets to generate operating income. This positive trajectory suggests that the company is efficiently managing its resources and is on a path towards sustainable profitability.
Peer comparison
Dec 31, 2024