CZR (Caesars Entertainment) Debt-to-Equity: 7.37 (As of Jun. 2026) — 34% Above Median

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CZR Caesars Entertainment Inc CZR
80 GF Score
Price $30.11
GF Value $36.21
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Caesars Entertainment Debt-to-Equity?

Caesars Entertainment CZR -0.07% 80 Debt-to-Equity is 7.37 as of Jun. 2026, which is 34% above its 10-year median of 5.51. GuruFocus rates CZR with a GF Score™ of 80/100 and a GF Value™ of $36.21 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 724 Travel & Leisure companies, Caesars Entertainment ranks worse than 96.82% on this metric.

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 Total Stockholders Equity for the quarter that ended in Jun. 2026 was $3,375 Mil. Caesars Entertainment's debt to equity for the quarter that ended in Jun. 2026 was 7.36.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

CZR' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.2   Med: 5.51   Max: 8.25
Current: 7.37

During the past 13 years, the highest Debt-to-Equity Ratio of Caesars Entertainment was 8.25. The lowest was 2.20. And the median was 5.51.

CZR's Debt-to-Equity is ranked worse than
96.82% of 724 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs CZR: 7.37

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

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Caesars Entertainment Debt-to-Equity Related Terms


Caesars Entertainment Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Caesars Entertainment's Debt-to-Equity 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-Equity Chart

Caesars Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.86 6.85 5.51 6.03 7.11

Caesars Entertainment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 6.46 6.57 7.11 7.30 7.37

CZR vs BYD, MTN, HGV: Debt-to-Equity Comparison

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

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

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


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

Debt to Equity measures the financial leverage a company has.

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

Caesars Entertainment's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 7.37 mean?
Caesars Entertainment (CZR) has a Debt-to-Equity of 7.37 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Caesars Entertainment and its competitors. This is 34% above median its historical median of 5.51. Over the past decade, Caesars Entertainment's Debt-to-Equity has ranged from 2.20 to 8.25. According to the industry distribution chart, Caesars Entertainment ranks #701 out of 724 companies in the Travel & Leisure industry, placing it in the top 96.8%.
Is Caesars Entertainment's Debt-to-Equity too high?
Caesars Entertainment's current Debt-to-Equity of 7.37 is 34% above median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 8.25. The Travel & Leisure industry median Debt-to-Equity is 0.43. Caesars Entertainment's value of 7.37 is 1614% above this industry median. Based on the distribution chart, Caesars Entertainment ranks #701 out of 724 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Caesars Entertainment has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caesars Entertainment's Debt-to-Equity compare to BYD and MTN?
According to the Travel & Leisure industry distribution chart, Caesars Entertainment ranks #701 out of 724 companies for Debt-to-Equity. This places Caesars Entertainment in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Caesars Entertainment's value of 7.37 is 1614% above this benchmark. Historically, Caesars Entertainment's own Debt-to-Equity has ranged from 2.20 to 8.25 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 0.43, Caesars Entertainment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 724 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caesars Entertainment's current Debt-to-Equity of 7.37 is 1614% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Caesars Entertainment and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caesars Entertainment's current Debt-to-Equity is 7.37, which is 34% above median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caesars Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Caesars Entertainment (CZR) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.21, compared to a current price of $30.11 — trading 16.9% below its estimated fair value. The current Debt-to-Equity is 7.37, which is 34% above median its 10-year median of 5.51 and 1614% above the Travel & Leisure industry median of 0.43. Caesars Entertainment's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Caesars Entertainment (CZR), the current Debt-to-Equity is 7.37 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Caesars Entertainment (CZR) Overvalued in 2026?

Based on GuruFocus' analysis, Caesars Entertainment stock appears to be undervalued. The current stock price of $30.11 is trading 16.9% below its estimated GF Value™ of $36.21. GuruFocus considers Caesars Entertainment to be Modestly Undervalued.

Key valuation signals for CZR:

  • Debt-to-Equity: 7.37 (34% above median its 10-year median of 5.51)
  • GF Value™: $36.21 vs. price of $30.11 (16.9% below fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 1614% above the Travel & Leisure median (#701 of 724)

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

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

$30.11
Price
$36.21
GF Value