Caesars Entertainment Corporation (CZR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 62.25% | 62.46% | 58.58% | 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% |
| Operating profit margin | 23.29% | 24.75% | 25.99% | 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% |
| Pretax margin | -1.35% | -0.46% | -0.66% | -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% |
| 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% |
The profitability ratios of Caesars Entertainment Corporation, as indicated by its financial statements data, have shown significant fluctuations over the past few years.
1. Gross Profit Margin: The gross profit margin, which represents the percentage of revenue remaining after subtracting the cost of goods sold, has exhibited a declining trend from around 71.71% in December 2019 to 62.25% in December 2024. However, there was a notable improvement in profitability from 2021 onwards, with the margin increasing to 58.58% in March 2024.
2. Operating Profit Margin: The operating profit margin, reflecting the percentage of revenue converted into operating income, experienced fluctuations over the years. Despite starting at 17.59% in December 2019, the margin dropped to negative figures in mid-2020, eventually recovering to around 23.29% by December 2024. There were periods of both negative and positive margins during this timeframe.
3. Pretax Margin: The pretax margin, which measures the company's profitability before taxes are deducted, demonstrated a sharp decline from 5.35% in December 2019 to -1.35% in December 2024. The company faced challenges in 2020, with margins consistently in the negative territory, but saw some recovery in profitability in the following years.
4. Net Profit Margin: The net profit margin, indicating the percentage of revenue remaining as net income after all expenses are deducted, exhibited a volatile pattern. Starting at 3.47% in December 2019, the margin turned negative in 2020 and gradually improved to reach -2.27% in December 2024. Despite the challenges faced, there was a noticeable recovery in profitability in the later years of the period under review.
In conclusion, the profitability ratios of Caesars Entertainment Corporation have witnessed fluctuations and varying trends over the years, reflecting the company's operational performance and financial health during the period analyzed.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.16% | 7.25% | 7.12% | 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% |
| Return on assets (ROA) | -0.70% | -0.50% | 2.31% | 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% |
| Return on total capital | 14.31% | 14.24% | 14.10% | 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% |
| Return on equity (ROE) | -5.48% | -3.95% | 17.35% | 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% |
Caesars Entertainment Corporation's profitability ratios have shown a varying trend over the past few years. The Operating return on assets (Operating ROA) increased steadily from 7.27% in December 2019 to 7.16% in December 2024. This indicates the company's ability to generate profits from its operational activities over the period.
The Return on assets (ROA) ratio had a volatile performance, fluctuating from -4.83% in December 2020 to 2.36% in December 2023. This ratio signifies the company's overall efficiency in generating profits from its assets, with improvements noted towards the latter part of the period.
Return on total capital exhibited a similar pattern, moving from -2.45% in September 2020 to 14.31% in December 2024. This ratio reflects the company's effectiveness in generating returns considering both debt and equity capital invested in the business, showing significant improvement over the years.
Return on equity (ROE) witnessed fluctuations from -43.44% in March 2021 to 17.35% in March 2024. This ratio indicates the profitability of the company from the shareholders' perspective, with a notable recovery in profitability towards the later years of the period.
Overall, while Caesars Entertainment Corporation's profitability ratios displayed fluctuations, the general trend indicates an improvement in profitability and efficiency in generating returns over the years.