CZR vs MAR
Caesars Entertainment, Inc. and Marriott International Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CZR | MAR |
|---|---|---|
| Revenue | $11.5B | $26.2B |
| Net income | $-502.0M | $2.6B |
| Gross margin | · | · |
| Net margin | −3.8% | 9.9% |
| Return on equity | −13.1% | · |
| Diluted EPS | −$2.42 | $9.51 |
| Dividend / share | · | $2.64 |
| Payout ratio | · | 27.6% |
| Free cash flow | $497.0M | $2.6B |
| Equity | $3.5B | $-3.8B |
| Net debt / equity | 3.11× | · |
| Current ratio | 0.80× | 0.43× |
| Revenue CAGR 5y | 25.9% | 19.9% |
| Profit CAGR 5y | · | · |
MAR bills 2.3× the revenue of CZR, and CZR closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CZR | MAR |
|---|---|---|
| FY2025 | $11.5B | $26.2B |
| FY2024 | $11.2B | $25.1B |
| FY2023 | $11.5B | $23.7B |
| FY2022 | $10.8B | $20.8B |
| FY2021 | $9.6B | $13.9B |
| FY2020 | $3.6B | $10.6B |
| FY2019 | $2.5B | $21.0B |
| FY2018 | $2.1B | $20.8B |
| FY2017 | $1.5B | $20.5B |
| FY2016 | $900.5M | $15.4B |
Bottom line
| Fiscal year | CZR | MAR |
|---|---|---|
| FY2025 | $-502.0M | $2.6B |
| FY2024 | $-278.0M | $2.4B |
| FY2023 | $786.0M | $3.1B |
| FY2022 | $-899.0M | $2.4B |
| FY2021 | $-1.0B | $1.1B |
| FY2020 | $-1.8B | $-267.0M |
| FY2019 | $81.0M | $1.3B |
| FY2018 | $95.0M | $1.9B |
| FY2017 | $73.4M | $1.5B |
| FY2016 | $24.5M | $808.0M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$14,700,000,000 | MAR |
| FY2024 | −$13,855,000,000 | MAR |
| FY2023 | −$12,185,000,000 | MAR |
| FY2022 | −$9,952,000,000 | MAR |
| FY2021 | −$4,287,000,000 | MAR |
| FY2020 | −$6,943,000,000 | MAR |
| FY2019 | −$18,444,000,000 | MAR |
| FY2018 | −$18,702,000,000 | MAR |
| FY2017 | −$18,971,202,000 | MAR |
| FY2016 | −$14,506,535,000 | MAR |
| FY2015 | −$13,766,216,000 | MAR |
| FY2014 | −$13,434,177,000 | MAR |
| FY2013 | −$12,536,814,000 | MAR |
| FY2012 | −$11,517,730,000 | MAR |
MAR has reported the higher revenue in every one of these 14 fiscal years. The gap has widened since the earliest year compared.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −13.7 pp | MAR |
| FY2024 | −11.3 pp | MAR |
| FY2023 | −5.8 pp | MAR |
| FY2022 | −19.8 pp | MAR |
| FY2021 | −18.5 pp | MAR |
| FY2020 | −45.9 pp | MAR |
| FY2019 | −2.9 pp | MAR |
| FY2018 | −4.6 pp | MAR |
| FY2017 | −2.2 pp | MAR |
| FY2016 | −2.5 pp | MAR |
| FY2014 | −9.4 pp | MAR |
| FY2013 | +2.7 pp | CZR |
| FY2012 | −5.2 pp | MAR |
The higher net margin has changed hands between CZR and MAR over this period.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CZR's net margin has been more volatile than MAR's over the 13 comparable fiscal years — 14.1 percentage points of standard deviation against 3.7.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CZR and MAR over these 13 fiscal years — CZR led in 1 and MAR in 12.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MAR's return on equity has been more volatile than CZR's over the 6 comparable fiscal years — 86.6 percentage points of standard deviation against 24.7.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MAR led in return on equity in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.