Caesars Entertainment vs Wynn Resorts
Caesars Entertainment is the larger business, with $11.49bn of revenue in fiscal 2025 against $7.14bn for Wynn Resorts (1.6 times as much). Caesars Entertainment grew faster (2.1% against 0.1%). Wynn Resorts kept more of each dollar of sales as profit: a net margin of 4.6% against -4.4%.
| Latest fiscal year | Caesars EntertainmentCZR, 2025 | Wynn ResortsWYNN, 2025 |
|---|---|---|
| Revenue | $11.49bn | $7.14bn |
| Revenue growth | 2.1% | 0.1% |
| Net income | −$502m | $327m |
| Operating margin | 16.2% | 15.7% |
| Net margin | -4.4% | 4.6% |
| Return on equity | -13.1% | — |
| Free cash flow | $497m | $692m |
| Cash | $887m | $1.46bn |
| Total debt | $11.90bn | $10.63bn |
| Debt to equity | 339.8% | — |
| Dividend per share | — | — |
| Dividend yield | — | 2.3% |
| Share buybacks | $229m | $380m |
| Employees | 50,000 | 28,500 |
| Market value | $5.94bn | $8.02bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 28 (Weak) | 39 (Weak) |
| Insider trades, 12 months | 0 buys, 16 sales | 0 buys, 0 sales |