The Filing Desk

Caesars Entertainment vs Wynn Resorts

Caesars Entertainment CZR · Wynn Resorts WYNN · Casinos & Gaming

Caesars Entertainment reported revenue of $11.5 billion in fiscal 2025, 1.6 times Wynn Resorts' $7.1 billion in fiscal 2025. Caesars Entertainment's revenue grew 2.1% in its latest year, and Wynn Resorts' grew 0.1%. Caesars Entertainment had an operating margin of 16.2%, against 15.7% at Wynn Resorts. Free cash flow was $497 million at Caesars Entertainment and $692 million at Wynn Resorts.

Side by side

Caesars EntertainmentWynn Resorts
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$11.5B$7.1B
Revenue growth2.1%0.1%
Revenue growth a year, last 5 years25.9%27.8%
Gross margin——
Operating margin16.2%15.7%
Net margin−4.4%4.6%
Free cash flow$497M$692M
Free cash flow margin4.3%9.7%
Return on capital9.6%11.6%
Net debt to EBITDA3.4x5.3x
Dividends and buybacks$229M$555M
Change in diluted share count−3.3%−5.5%
Last close$28.99$74.20
P/E at the last close—17.8×
Insider trades, last 12 monthsbought $18,690, sold $18.4 million—
Piotroski F-score6 of 85 of 8
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
Caesars EntertainmentWynn Resorts
Operating margin
Percent of revenue
Caesars EntertainmentWynn Resorts
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Caesars EntertainmentWynn Resorts

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Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Caesars Entertainment and Wynn Resorts pages.