Caesars Entertainment (FRA:2ER) Tax Rate % : -11.81% (As of Mar. 2024)

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What is Caesars Entertainment Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Caesars Entertainment's Tax Expense for the three months ended in Mar. 2024 was €14 Mil. Caesars Entertainment's Pre-Tax Income for the three months ended in Mar. 2024 was €-117 Mil. Therefore, Caesars Entertainment's Tax Rate % for the quarter that ended in Mar. 2024 was -11.81%.

Caesars Entertainment Tax Rate % Historical Data

The historical data trend for Caesars Entertainment's Tax Rate % 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.

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Caesars Entertainment Tax Rate % Chart

Caesars Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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35.20

-8.22

22.30

7.26

1,480.00

Caesars Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															26.49	-3,469.23	33.81	-40.00	-11.81

Caesars Entertainment Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Caesars Entertainment's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-814.296	/	-55.02
	=	1,480.00 %

Caesars Entertainment's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	13.8	/	-116.84
	=	-11.81 %

Caesars Entertainment Tax Rate % Related Terms

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Caesars Entertainment (FRA:2ER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Caesars Entertainment Inc (FRA:2ER) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CZR:USA 2ER:Germany

Address

100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501

Website

https://www.caesars.com

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 (FRA:2ER) Headlines

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