← Caesars Entertainment, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $24.8m | $73.9m | $95.2m | $81.0m | ($1.8b) | ($1.0b) | ($899.0m) | $786.0m | ($278.0m) | ($502.0m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $24.8m | $73.9m | $95.2m | $81.0m | ($1.8b) | ($1.0b) | ($910.0m) | $828.0m | ($211.0m) | ($437.0m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | ($989.0m) | ($513.0m) | $786.0m | ($278.0m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($1.8b) | ($986.0m) | ($524.0m) | $828.0m | ($211.0m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | ($1.0m) | $3.0m | ($11.0m) | $42.0m | $67.0m | $65.0m | |
| Depreciation, Depletion and Amortization | $63.4m | $105.9m | $157.4m | $221.5m | $583.0m | $1.1b | $1.2b | $1.3b | $1.3b | $1.4b | |
| Amortization of Debt Issuance Costs and Discounts | $3.5m | $6.3m | $5.6m | $7.6m | $80.0m | $177.0m | $139.0m | $48.0m | $30.0m | $27.0m | |
| Amortization of Intangible Assets | — | — | — | — | $56.0m | $139.0m | $187.0m | $144.0m | $135.0m | $133.0m | |
| Depreciation | $63.4m | $105.9m | $157.4m | $221.5m | $583.0m | $987.0m | $1.0b | $1.1b | $1.2b | $1.3b | |
| Deferred Income Tax Expense (Benefit) | $11.3m | ($113.1m) | $33.8m | ($1.6m) | — | — | — | — | — | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $744k | $11.4m | $11.7m | $8.2m | $16.0m | $45.0m | $27.0m | $27.0m | $17.0m | $17.0m | |
| Share-based Payment Arrangement, Expense | $3.3m | $6.3m | $13.1m | $19.7m | $78.0m | $82.0m | $101.0m | $104.0m | $94.0m | $95.0m | |
| Equity Method Investment, Other than Temporary Impairment | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | $0 | — | $0 | $0 | — | — | $108.0m | $95.0m | — | — | |
| Goodwill, Impairment Loss | — | $34.9m | $9.8m | — | $100.0m | — | $78.0m | $14.0m | $182.0m | $160.0m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $22.0m | $102.0m | $30.0m | $81.0m | $120.0m | $22.0m | |
| Impairment of Intangible Assets, Finite-lived | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | $3.1m | — | — | $22.0m | $102.0m | $30.0m | $81.0m | $120.0m | $22.0m | |
| Gain (Loss) on Extinguishment of Debt | ($155k) | ($38.4m) | ($162k) | ($7.5m) | ($197.0m) | ($236.0m) | ($85.0m) | ($200.0m) | ($89.0m) | ($4.0m) | |
| Gain (Loss) on Disposition of Assets | — | — | — | $49.6m | $7.0m | ($11.0m) | ($5.0m) | ($22.0m) | $359.0m | ($17.0m) | |
| Income (Loss) from Equity Method Investments | — | ($367k) | ($213k) | ($2.4m) | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($836k) | ($319k) | ($835k) | $49.6m | ($7.0m) | $11.0m | $5.0m | $22.0m | $554.0m | $17.0m | |
| Income Tax Expense (Benefit) | $13.2m | ($117.3m) | $40.4m | $44.0m | $126.0m | ($283.0m) | ($41.0m) | ($888.0m) | $87.0m | ($11.0m) | |
| Other Nonoperating Income (Expense) | ($51.1m) | ($138.2m) | ($174.5m) | ($285.0m) | $176.0m | ($198.0m) | $46.0m | $10.0m | $27.0m | $2.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $4.9m | $19.1m | ($6.1m) | ($4.6m) | $70.0m | $135.0m | $143.0m | $82.0m | ($86.0m) | $53.0m | |
| Increase (Decrease) in Inventories | ($687k) | ($105k) | ($596k) | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | $3.2m | — | — | — | — | — | — | — | — | — | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | $1.6m | — | $29.0m | $26.0m | $25.0m | $41.0m | $49.0m | $43.0m | |
| Proceeds from Stock Options Exercised | $385k | $2.9m | $154k | $0 | $1.0m | $3.0m | $1.0m | $0 | $0 | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | ($100k) | ($43k) | — | $9.0m | ($127.0m) | $73.0m | $0 | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | $129.0m | $21.0m | $0 | $0 | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | ($54.0m) | $5.0m | $7.0m | $1.0m | |
| General and Administrative Expense | $130.2m | $241.1m | $349.6m | $476.8m | $882.0m | $1.8b | $2.1b | $2.0b | $1.9b | $1.9b | |
| Goodwill | $66.8m | $747.1m | $1.0b | $909.7m | $9.7b | $11.1b | $11.0b | $11.0b | $10.6b | $10.4b | |
| Insured Event, Gain (Loss) | — | — | — | — | — | $21.0m | $38.0m | — | — | — | |
| Investment Income, Interest | — | — | — | — | — | — | $12.0m | $12.0m | $11.0m | $20.0m | |
| Nonoperating Income (Expense) | — | — | — | — | ($1.2b) | ($2.7b) | ($2.3b) | ($2.5b) | ($2.4b) | ($2.3b) | |
| Operating Costs and Expenses | $793.8m | $1.3b | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $1.6m | $319k | $835k | ($49.6m) | $0 | ($30.0m) | ($386.0m) | $0 | $0 | $17.0m | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | $90.0m | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $97.6m | $130.2m | $323.3m | $312.5m | ($582.0m) | $1.2b | $993.0m | $1.8b | $1.1b | $1.3b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $47.4m | $83.5m | $147.4m | $170.8m | $163.0m | $520.0m | $952.0m | $1.3b | $1.3b | $805.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $6.4b | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | ($6.0m) | $0 | $6.0m | ($36.0m) | $0 | $5.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($41.1m) | ($1.4b) | ($1.3b) | $369.5m | ($6.0m) | ($1.5b) | $386.0m | $0 | $0 | ($571.0m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $73.0m | $208.0m | $846.0m | $33.0m | $9.8b | $1.3b | $1.5b | $5.5b | $7.5b | $1.6b | |
| Proceeds from Issuance of Common Stock | — | — | — | — | $2.7b | $3.0m | $1.0m | $0 | $0 | — | |
| Payments for Repurchase of Common Stock | — | — | $9.1m | $0 | $0 | — | $0 | $0 | $191.0m | $229.0m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | $116.0m | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($73.7m) | $1.4b | $1.0b | ($712.2m) | $10.6b | $591.0m | $0 | $0 | ($498.0m) | ($763.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($20.1m) | $84.3m | $98.9m | ($30.1m) | $4.0b | ($2.3b) | ($718.0m) | ($160.0m) | ($127.0m) | ($32.0m) | |
| Restricted Cash and Investments, Current | — | — | $24.9m | $3.5m | $2.0b | $319.0m | — | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $47.7m | $84.6m | $166.0m | $277.2m | $892.0m | $1.9b | $2.0b | $846.0m | $1.1b | $813.0m | |
| Income Taxes Paid, Net | $1.7m | $246k | $4.1m | $51.1m | ($7.0m) | $9.0m | $22.0m | $26.0m | $48.0m | $81.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.