CZR (Caesars Entertainment) Debt-to-EBITDA : (As of Jun. 2026)

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CZR Caesars Entertainment Inc CZR
80 GF Score
Price $29.65
GF Value $36.14
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Caesars Entertainment Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Caesars Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $114 Mil. Caesars Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $24,742 Mil. Caesars Entertainment's annualized EBITDA for the quarter that ended in Jun. 2026 was $3,512 Mil. Caesars Entertainment's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 7.08.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Caesars Entertainment's Debt-to-EBITDA or its related term are showing as below:

CZR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.27   Med: 8.14   Max: 147.98
Current: 7.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Caesars Entertainment was 147.98. The lowest was 5.27. And the median was 8.14.

CZR's Debt-to-EBITDA is ranked worse than
86.47% of 658 companies
in the Travel & Leisure industry
Industry Median: 2.44 vs CZR: 7.60

Caesars Entertainment  (NAS:CZR) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Caesars Entertainment Debt-to-EBITDA Related Terms

Caesars Entertainment Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Caesars Entertainment's Debt-to-EBITDA 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.

Caesars Entertainment Debt-to-EBITDA Chart

Caesars Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Caesars Entertainment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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CZR vs BYD, MTN, VAC: Debt-to-EBITDA Comparison

For the Resorts & Casinos subindustry, Caesars Entertainment's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Caesars Entertainment's Debt-to-EBITDA falls into.


CZR
80GF Score
Caesars Entertainment Inc CZR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Caesars Entertainment Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Caesars Entertainment's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(134 + 25488) / 3293
=7.78

Caesars Entertainment's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(114 + 24742) / 3512
=7.08

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is Caesars Entertainment (CZR) Overvalued in 2026?

Based on GuruFocus' analysis, Caesars Entertainment stock appears to be undervalued. The current stock price of $29.65 is trading 18% below its estimated GF Value™ of $36.14. GuruFocus considers Caesars Entertainment to be Modestly Undervalued.

Key valuation signals for CZR:

  • Debt-to-EBITDA:
  • GF Value™: $36.14 vs. price of $29.65 (18% below fair value)
  • GF Score™: 80/100 with 8 warning signs

No single metric tells the full story. See the CZR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Caesars Entertainment Business Description

Address 100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment's stand-alone portfolio 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. 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 portfolio is set to expand to more than 60 casinos with the proposed acquisition of Caesars by Fertitta Entertainment and its Golden Nugget resorts.
80GF Score

Get the complete analysis for CZR

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.65
Price
$36.14
GF Value