Caesars Entertainment annual debt-to-equity ratio
2013
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2021
2022
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2024
2025
Caesars Entertainment Debt-to-Equity Ratio Growth & History (CZR)
Caesars Entertainment's debt-to-equity ratio was 3.62 for fiscal 2025.
View full Caesars Entertainment company overviewCaesars Entertainment annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.62 | 0.50 | +16.13% |
| 2024 | 2024-12-31 | 3.11 | 0.23 | +8.08% |
| 2023 | 2023-12-31 | 2.88 | −0.78 | −21.36% |
| 2022 | 2022-12-31 | 3.66 | 0.40 | +12.36% |
| 2021 | 2021-12-31 | 3.26 | 0.33 | +11.27% |
| 2020 | 2020-12-31 | 2.93 | −0.04 | −1.35% |
| 2019 | 2019-12-31 | 2.97 | −0.20 | −6.28% |
| 2018 | 2018-12-31 | 3.17 | 0.84 | +36.22% |
| 2017 | 2017-12-31 | 2.33 | −0.38 | −14.01% |
| 2016 | 2016-12-31 | 2.71 | −0.52 | −16.21% |
| 2015 | 2015-12-31 | 3.23 | −1.89 | −36.87% |
| 2014 | 2014-12-31 | 5.12 | 2.86 | +126.41% |
| 2013 | 2013-12-31 | 2.26 | — | — |
Caesars Entertainment quarterly debt-to-equity ratio
Q4.13
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
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Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
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Q1.21
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Q3.21
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Q1.22
Q2.22
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Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.36 | 0.91 | +14.04% |
| Q1 2026 | 2026-03-31 | 7.30 | 1.11 | +17.88% |
| Q4 2025 | 2025-12-31 | 3.62 | 0.50 | +16.13% |
| Q3 2025 | 2025-09-30 | 6.57 | 0.49 | +8.12% |
| Q2 2025 | 2025-06-30 | 6.46 | 0.63 | +10.80% |
| Q1 2025 | 2025-03-31 | 6.19 | 0.50 | +8.80% |
| Q4 2024 | 2024-12-31 | 3.11 | 0.23 | +8.08% |
| Q3 2024 | 2024-09-30 | 6.08 | 0.65 | +11.87% |
| Q2 2024 | 2024-06-30 | 5.83 | 0.28 | +4.98% |
| Q1 2024 | 2024-03-31 | 5.69 | −1.43 | −20.12% |
| Q4 2023 | 2023-12-31 | 2.88 | −0.78 | −21.36% |
| Q3 2023 | 2023-09-30 | 5.43 | −1.21 | −18.18% |
| Q2 2023 | 2023-06-30 | 5.55 | −1.64 | −22.85% |
| Q1 2023 | 2023-03-31 | 7.12 | 0.18 | +2.53% |
| Q4 2022 | 2022-12-31 | 3.66 | 0.40 | +12.36% |
| Q3 2022 | 2022-09-30 | 6.64 | 1.13 | +20.59% |
| Q2 2022 | 2022-06-30 | 7.20 | 2.08 | +40.60% |
| Q1 2022 | 2022-03-31 | 6.95 | 1.20 | +20.91% |
| Q4 2021 | 2021-12-31 | 3.26 | 0.33 | +11.27% |
| Q3 2021 | 2021-09-30 | 5.51 | −2.75 | −33.27% |
| Q2 2021 | 2021-06-30 | 5.12 | 2.79 | +120.13% |
| Q1 2021 | 2021-03-31 | 5.75 | 1.37 | +31.32% |
| Q4 2020 | 2020-12-31 | 2.93 | −0.04 | −1.35% |
| Q3 2020 | 2020-09-30 | 8.25 | 4.93 | +147.98% |
| Q2 2020 | 2020-06-30 | 2.33 | −1.23 | −34.54% |
| Q1 2020 | 2020-03-31 | 4.38 | 0.72 | +19.66% |
| Q4 2019 | 2019-12-31 | 2.97 | −0.20 | −6.28% |
| Q3 2019 | 2019-09-30 | 3.33 | 0.46 | +16.19% |
| Q2 2019 | 2019-06-30 | 3.55 | 1.35 | +61.53% |
| Q1 2019 | 2019-03-31 | 3.66 | 1.37 | +59.94% |
| Q4 2018 | 2018-12-31 | 3.17 | 0.84 | +36.22% |
| Q3 2018 | 2018-09-30 | 2.86 | 0.26 | +9.89% |
| Q2 2018 | 2018-06-30 | 2.20 | −0.50 | −18.57% |
| Q1 2018 | 2018-03-31 | 2.29 | −1.58 | −40.89% |
| Q4 2017 | 2017-12-31 | 2.33 | −0.38 | −14.01% |
| Q3 2017 | 2017-09-30 | 2.61 | −0.06 | −2.18% |
| Q2 2017 | 2017-06-30 | 2.70 | −0.07 | −2.65% |
| Q1 2017 | 2017-03-31 | 3.87 | 0.84 | +27.79% |
| Q4 2016 | 2016-12-31 | 2.71 | −0.52 | −16.21% |
| Q3 2016 | 2016-09-30 | 2.67 | −2.38 | −47.14% |
| Q2 2016 | 2016-06-30 | 2.77 | −2.35 | −45.81% |
| Q1 2016 | 2016-03-31 | 3.03 | −2.29 | −43.05% |
| Q4 2015 | 2015-12-31 | 3.23 | −1.89 | −36.87% |
| Q3 2015 | 2015-09-30 | 5.04 | 0.21 | +4.32% |
| Q2 2015 | 2015-06-30 | 5.12 | — | — |
| Q1 2015 | 2015-03-31 | 5.31 | — | — |
| Q4 2014 | 2014-12-31 | 5.12 | 2.86 | +126.41% |
| Q3 2014 | 2014-09-30 | 4.83 | — | — |
| Q4 2013 | 2013-12-31 | 2.26 | — | — |
Caesars Entertainment debt-to-equity ratio trends
Over the last five fiscal years, Caesars Entertainment's debt-to-equity ratio increased from 2.93 to 3.62, a change of 0.69. The latest reported quarter, Q2 2026, shows 7.36.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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