Caesars Entertainment Corporation (CZR)
Profitability ratios
Return on sales
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 57.29% | 49.61% | 48.72% | 49.25% | 48.65% | 48.58% | 47.45% | 46.61% | 44.66% | 27.05% | 25.59% | 9.31% | 0.91% | 56.19% | 58.07% | 64.03% | 71.71% | 72.64% | 74.21% | 76.32% |
| Operating profit margin | 27.46% | 27.19% | 26.78% | 26.76% | 20.47% | 16.55% | 15.58% | 16.17% | 20.79% | 19.65% | 10.04% | -1.01% | -10.53% | -10.03% | -1.10% | 7.59% | 17.59% | 18.16% | 17.79% | 17.77% |
| Pretax margin | -1.13% | -2.11% | -2.83% | -3.85% | -11.06% | -16.25% | -21.64% | -20.84% | -18.54% | -18.95% | -27.42% | -43.68% | -44.66% | -41.82% | -18.23% | -6.36% | 5.35% | 5.87% | 6.34% | 7.54% |
| Net profit margin | 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% | 3.90% | 4.17% | 5.27% |
Caesars Entertainment Inc has shown steady improvement in its profitability ratios over the past quarters. The gross profit margin has been consistently strong, ranging from 53.20% to 53.89% in the most recent quarter. This indicates that the company is effectively controlling its cost of goods sold and generating a healthy level of revenue.
The operating profit margin has also displayed a positive trend, increasing from 17.20% in Q4 2022 to 22.15% in Q4 2023. This suggests that Caesars is efficiently managing its operating expenses and generating a higher level of operating income relative to its revenue.
However, the pretax margin has fluctuated, with negative margins in some quarters. This indicates that the company may be facing challenges in managing its pre-tax expenses effectively. It is important for Caesars to focus on optimizing its cost structure to improve profitability before taxes.
The net profit margin, although showing improvement from previous quarters, still displays some inconsistency. Caesars posted a positive net profit margin in Q4 2023, indicating that the company is successfully managing its bottom line. However, the negative net profit margins in previous quarters suggest that there may be room for enhancement in controlling expenses and increasing profitability after accounting for all costs.
Overall, Caesars Entertainment Inc has shown positive trends in its profitability ratios, with a strong gross profit margin and improving operating profit margin. However, the company should continue to focus on managing its expenses to ensure sustainable profitability in the long term.
Return on investment
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.41% | 7.29% | 7.05% | 7.05% | 5.19% | 4.09% | 3.40% | 3.33% | 3.84% | 3.31% | 1.61% | -0.12% | -1.05% | -0.76% | -0.29% | 2.77% | 7.27% | 7.20% | 6.65% | 6.73% |
| Return on assets (ROA) | 2.36% | 2.14% | 2.06% | -1.06% | -2.68% | -3.53% | -4.01% | -3.44% | -2.68% | -2.93% | -4.72% | -5.56% | -4.83% | -3.35% | -4.10% | -2.26% | 1.43% | 1.55% | 1.56% | 2.00% |
| Return on total capital | 13.66% | 13.10% | 12.50% | 12.18% | 8.33% | 5.66% | 3.24% | 4.06% | 5.59% | 5.61% | 2.77% | -0.99% | -2.16% | -2.45% | -0.56% | 3.84% | 11.94% | 10.65% | 9.72% | 9.11% |
| Return on equity (ROE) | 17.27% | 15.42% | 15.14% | -9.87% | -24.21% | -30.88% | -40.29% | -33.71% | -22.75% | -23.31% | -35.70% | -43.44% | -35.03% | -36.06% | -15.60% | -14.18% | 7.25% | 8.35% | 8.73% | 10.59% |
Caesars Entertainment Inc's profitability ratios have shown mixed performance over the quarters analyzed.
The operating return on assets (Operating ROA) has generally improved, with figures ranging from 3.73% to 7.81% over the past eight quarters. This indicates the company's ability to generate operating income from its assets has been relatively stable and has even shown positive growth trends.
Return on assets (ROA) has also shown improvement, turning negative in Q1 2023 to positive values in subsequent quarters. This is a positive sign as it indicates that the company has been able to generate profits from its assets after accounting for all expenses.
Return on total capital has generally been on an upward trend, ranging from 4.60% to 8.76%. This indicates the efficiency of the company in generating returns from both debt and equity capital.
Return on equity (ROE) has shown significant variation, with values ranging from -40.29% to 17.27%. The negative values in some quarters might indicate challenges in generating profits from shareholders' investments. However, the positive figures in other quarters show that the company has been successful in utilizing equity to generate returns for shareholders.
Overall, while there have been fluctuations in profitability ratios, the company's ability to generate returns from its assets and capital has shown improvement over the quarters analyzed.