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Caesars Entertainment (LTS:0A78) Net Margin % : -5.76% (As of Mar. 2024)


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What is Caesars Entertainment Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Caesars Entertainment's Net Income for the three months ended in Mar. 2024 was $-158 Mil. Caesars Entertainment's Revenue for the three months ended in Mar. 2024 was $2,742 Mil. Therefore, Caesars Entertainment's net margin for the quarter that ended in Mar. 2024 was -5.76%.

The historical rank and industry rank for Caesars Entertainment's Net Margin % or its related term are showing as below:

LTS:0A78' s Net Margin % Range Over the Past 10 Years
Min: -48.43   Med: 2.96   Max: 15.86
Current: 6.68


LTS:0A78's Net Margin % is ranked better than
59.54% of 823 companies
in the Travel & Leisure industry
Industry Median: 4.73 vs LTS:0A78: 6.68

Caesars Entertainment Net Margin % Historical Data

The historical data trend for Caesars Entertainment's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caesars Entertainment Net Margin % Chart

Caesars Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 -48.43 -10.65 -8.31 6.82

Caesars Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.81 31.96 2.47 -2.55 -5.76

Competitive Comparison of Caesars Entertainment's Net Margin %

For the Resorts & Casinos subindustry, Caesars Entertainment's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Caesars Entertainment's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's Net Margin % distribution charts can be found below:

* The bar in red indicates where Caesars Entertainment's Net Margin % falls into.



Caesars Entertainment Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Caesars Entertainment's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=786/11528
=6.82 %

Caesars Entertainment's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-158/2742
=-5.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Caesars Entertainment  (LTS:0A78) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Caesars Entertainment Net Margin % Related Terms

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Caesars Entertainment (LTS:0A78) Business Description

Traded in Other Exchanges
Address
100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (58% of 2022 EBITDAR before corporate and digital expenses) and regional (59%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced material EBITDA losses in 2022. Caesars' U.S. 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 U.S. portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.

Caesars Entertainment (LTS:0A78) Headlines

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