Caesars Entertainment includes about 50 domestic gaming properties across the Las Vegas (48% of 2025 EBITDAR) and regional (49%) markets. Additionally, the company hosts managed properties and digital assets that produced marginal EBITDA in 2025. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
The chart shows the growth of an initial investment of $10,000 in Caesars Entertainment, Inc. Common Stock, comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
Caesars Entertainment, Inc. Common Stock (CZR) has returned 12.46% so far this year and 18.85% over the past 12 months. Looking at the last ten years, CZR has achieved an annualized return of 14.93%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
CZR
1M5.28%
6M-3.32%
YTD12.46%
1Y18.85%
5Y-22.70%
10Y14.93%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Caesars Entertainment, Inc. Common Stock (CZR) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
-12.25%
22.49%
8.25%
-1.08%
2025
7.10%
-4.74%
-25.62%
9.07%
-2.25%
6.33%
-5.99%
1.71%
4.06%
-25.56%
16.12%
1.65%
2024
-5.78%
-1.98%
0.83%
-18.59%
0.68%
11.01%
0.53%
-5.31%
12.51%
-3.96%
-4.82%
-13.19%
2023
21.27%
-1.91%
-3.27%
-7.34%
-9.95%
25.11%
15.63%
-4.63%
-16.70%
-14.80%
9.39%
4.83%
2022
-18.56%
10.51%
-7.24%
-15.17%
-24.28%
-24.14%
19.30%
-4.58%
-23.30%
35.47%
12.29%
-18.51%
2021
-5.67%
32.22%
-8.91%
10.50%
8.89%
-3.65%
-16.78%
15.06%
9.43%
-4.68%
-17.96%
1.70%
2020
0.37%
-7.29%
-46.81%
48.62%
20.15%
6.59%
155.35%
49.33%
22.27%
-20.59%
49.55%
6.42%
2019
38.91%
-6.20%
-1.47%
6.97%
-6.98%
34.93%
-0.42%
-2.70%
1.48%
4.69%
5.16%
3.98%
2018
10.28%
-9.29%
-11.07%
2.71%
7.52%
-14.06%
6.10%
-10.92%
0.49%
-16.92%
-0.93%
-22.67%
2017
4.68%
5.59%
0.53%
16.84%
-2.23%
6.67%
2.07%
-6.83%
15.09%
0.78%
1.92%
-3.80%
2016
2.40%
6.23%
5.20%
-9.92%
-16.95%
18.63%
-5.08%
4.90%
13.33%
Performance Indicators
The charts below present risk-adjusted performance metrics for Caesars Entertainment, Inc. Common Stock (CZR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CZR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Caesars Entertainment, Inc. Common Stock volatility is 3.24%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Liabilities And Equity (USD)
31.64B
32.59B
33.37B
33.53B
38.03B
36.39B
25.35B
25.78B
25.51B
14.89B
12.20B
23.54B
24.69B
28.00B
Equity Attributable To Parent (USD)
3.50B
4.16B
4.55B
3.71B
4.48B
5.02B
2.13B
3.25B
3.23B
-3.18B
987.00M
-5.00B
-3.12B
-411.70M
Equity Attributable To Noncontrolling Interest (USD)
The Louisiana Energy Conference (LEC) will hold its 26th annual event in New Orleans from May 26-28, 2026, at the Four Seasons Hotel. The conference will feature over 30 panels with approximately 100 companies discussing traditional oil and gas topics as well as future energy developments including LNG, carbon capture, renewables, and AI. Registration is now open with the first 100 investment professionals receiving free attendance.
GlobeNewswire Inc.•Al Petrie Advisors
AI Insight
Mentioned as undergoing full transformation and redevelopment in the conference venue area, suggesting positive economic activity and improvement
The S&P 500 fell 1.50%, Nasdaq dropped 1.98%, and the Dow lost 0.96% on March 20, 2026, as war-driven oil volatility, rising yields, and record options expiration pressured markets. Nike hit a 52-week low amid challenging conditions, while Planet Labs surged 26% on strong earnings. The Fed is unlikely to cut rates as inflation concerns from soaring oil prices persist, putting pressure on growth stocks.
The Motley Fool•Josh Kohn-Lindquist
AI Insight
Extended outperformance relative to the S&P 500 amid continued buyout rumors, suggesting positive momentum and investor interest.
Diameter Capital Partners acquired 850,000 shares of Caesars Entertainment for approximately $19.88 million in Q4 2025. Despite carrying $12 billion in debt and reporting net losses, Caesars has outperformed the S&P 500 this year with shares up 16% versus the market's 4% decline. Growth is being driven by strong digital segment performance, which more than doubled year-over-year, offsetting softer legacy casino operations.
The Motley Fool•Jonathan Ponciano
AI Insight
Stock has significantly outperformed the broader market (up 16% YTD vs S&P 500 down 4%), digital segment EBITDA more than doubled year-over-year, and attracted institutional investment from Diameter Capital. However, sentiment is tempered by ongoing net losses, high debt levels ($12 billion), and declining adjusted EBITDA.
Caesars Entertainment shares have surged nearly 20% on takeover speculation, with billionaire Tilman Fertitta reportedly in talks to acquire the casino giant at roughly $34 per share, compared to current trading around $28. While the company showed revenue growth in Q4 2025, it reported a wider-than-expected loss and faces a high debt load. Analysts remain optimistic with a Moderate Buy consensus, but the stock's gains are heavily dependent on deal confirmation, leaving it vulnerable to pullbacks if negotiations fail.
Investing.com•Jennifer Ryan Woods
AI Insight
Stock surged ~55% in a month driven by takeover rumors and improved Q4 earnings sentiment. Consensus price target of $33.65 suggests 20% upside from current levels. Digital segment showed record performance. However, sentiment is conditional on deal materialization and tempered by persistent losses and high debt.
Prediction market traders on Kalshi are pricing in a 68% probability that Caesars Entertainment will be acquired in 2026, with multiple potential bidders including management and billionaire Tilman Fertitta. However, the article cautions that buying stocks based on M&A rumors is risky, and investors should focus on the company's fundamentals including debt reduction and asset improvements rather than speculative takeover scenarios.
The Motley Fool•Todd Shriber
AI Insight
While acquisition rumors provide upside potential, the article emphasizes significant risks including high debt burden ($11.9B), complex regulatory challenges, and the speculative nature of M&A bets. The author advises caution and recommends focusing on fundamentals rather than takeover speculation.
Sea Cliff Partners Management fully liquidated its $16.42 million stake in Caesars Entertainment in Q4 2025, selling 607,700 shares. Despite $11.5 billion in revenue, Caesars reported a $502 million net loss for the year and carries nearly $12 billion in debt, making the stock highly sensitive to macro conditions and consumer spending volatility.
The Motley Fool•Jonathan Ponciano
AI Insight
Institutional investor exit signals loss of confidence. Despite revenue growth to $11.5B, the company reported a worsening net loss of $502M (vs. $278M prior year), carries $12B in debt, and stock underperformed S&P 500 by 29% over the past year. High leverage and earnings volatility create significant risk.
Nut Tree Capital Management liquidated its entire 2 million share stake in Caesars Entertainment (worth $54.05 million) in Q4 2025, representing a complete exit from a position that previously comprised 12.5% of the fund's assets. The stock has declined 52% over the past year and underperformed the S&P 500 by 64.25 percentage points. While the company showed strong digital division growth (21% YoY to $1.4 billion), the analyst suggests current shareholders consider selling given high volatility, while potential buyers should wait for further price declines.
The Motley Fool•Robert Izquierdo
AI Insight
Major institutional investor (Nut Tree Capital) completely exited its 12.5% position, stock down 52% YoY and underperforming S&P 500 by 64.25 percentage points, currently trading at $18.95 with high volatility (beta ~2). Despite strong digital division growth, the analyst recommends current shareholders consider selling and advises new investors to wait for lower prices.
Multiple major M&A activities and bankruptcies dominate the market: Funko surges 25% after investor urges sale exploration; Caesars Entertainment weighs takeover offers including from billionaire Tilman Fertitta; Netflix loses Warner Bros. bidding war to Paramount Skydance's $111B offer; GSK acquires 35Pharma for $950M; and iPic Theaters files for Chapter 11 bankruptcy.
Benzinga•Caroline Ryan
AI Insight
Weighing multiple takeover offers including from billionaire Tilman Fertitta; company showing strong operating metrics with $2.92B quarterly revenue and record $85M adjusted EBITDA at digital division, supporting valuation confidence.
Caesars Entertainment shares jumped 19% after reports that billionaire Tilman Fertitta's Fertitta Entertainment is among multiple parties interested in acquiring the casino operator. The company is also exploring a management-led buyout alternative. Caesars reported strong Q4 results with $2.92 billion in revenue and record $85 million adjusted EBITDA in its digital segment, demonstrating solid cash generation and growth potential.
Benzinga•Benzinga Senior Editor
AI Insight
Stock surged 19% on takeover interest from multiple bidders. Company demonstrated strong operational metrics with record digital EBITDA of $85 million (up from $20 million YoY), revenue beat expectations at $2.92 billion, and improved same-store EBITDA. These factors indicate strong fundamentals and multiple acquisition pathways, all supporting positive investor sentiment.
Vici Properties, a casino and hospitality-focused REIT, is highlighted as an attractive high-yield dividend opportunity with a 6% yield, strong profitability margins, and consistent dividend growth. The company owns 54 casinos and 127 million square feet of gaming and hospitality space across North America, generating $2.8 billion in revenue for the first nine months of 2025 with a 66.44% payout ratio that allows room for future dividend increases.
The Motley Fool•James Hires
AI Insight
Mentioned as a primary tenant/operator of Vici Properties' casino properties, but not the focus of the investment recommendation.
