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Side-by-side financial comparison of Caesars Entertainment (CZR) and RAVE RESTAURANT GROUP, INC. (RAVE). Click either name above to swap in a different company.

Caesars Entertainment is the larger business by last-quarter revenue ($2.9B vs $3.0M, roughly 958.6× RAVE RESTAURANT GROUP, INC.). RAVE RESTAURANT GROUP, INC. runs the higher net margin — 20.9% vs -8.6%, a 29.5% gap on every dollar of revenue. On growth, RAVE RESTAURANT GROUP, INC. posted the faster year-over-year revenue change (6.0% vs 4.2%). Caesars Entertainment produced more free cash flow last quarter ($147.0M vs $297.0K). Over the past eight quarters, Caesars Entertainment's revenue compounded faster (3.1% CAGR vs 1.3%).

Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada, that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020.

RAVE Restaurant Group, Inc. is a U.S.-headquartered restaurant franchising and operation enterprise, owning well-known casual dining brands including Pizza Inn and Pie Five Pizza. It offers pizza, pasta, salads and supporting menu items, primarily operates in the North American market with both company-owned and franchised outlets, targeting consumers looking for affordable, family-friendly casual meal options.

CZR vs RAVE — Head-to-Head

Bigger by revenue
CZR
CZR
958.6× larger
CZR
$2.9B
$3.0M
RAVE
Growing faster (revenue YoY)
RAVE
RAVE
+1.8% gap
RAVE
6.0%
4.2%
CZR
Higher net margin
RAVE
RAVE
29.5% more per $
RAVE
20.9%
-8.6%
CZR
More free cash flow
CZR
CZR
$146.7M more FCF
CZR
$147.0M
$297.0K
RAVE
Faster 2-yr revenue CAGR
CZR
CZR
Annualised
CZR
3.1%
1.3%
RAVE

Income Statement — Q4 2025 vs Q2 2026

Metric
CZR
CZR
RAVE
RAVE
Revenue
$2.9B
$3.0M
Net Profit
$-250.0M
$637.0K
Gross Margin
Operating Margin
11.4%
24.4%
Net Margin
-8.6%
20.9%
Revenue YoY
4.2%
6.0%
Net Profit YoY
-2372.7%
4.9%
EPS (diluted)
$-1.22
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CZR
CZR
RAVE
RAVE
Q4 25
$2.9B
$3.0M
Q3 25
$2.9B
$3.2M
Q2 25
$2.9B
$3.2M
Q1 25
$2.8B
$3.0M
Q4 24
$2.8B
$2.9M
Q3 24
$2.9B
$3.0M
Q2 24
$2.8B
$3.4M
Q1 24
$2.7B
$3.0M
Net Profit
CZR
CZR
RAVE
RAVE
Q4 25
$-250.0M
$637.0K
Q3 25
$-55.0M
$645.0K
Q2 25
$-82.0M
$847.0K
Q1 25
$-115.0M
$722.0K
Q4 24
$11.0M
$607.0K
Q3 24
$-9.0M
$526.0K
Q2 24
$-122.0M
$880.0K
Q1 24
$-158.0M
$654.0K
Operating Margin
CZR
CZR
RAVE
RAVE
Q4 25
11.4%
24.4%
Q3 25
17.9%
23.4%
Q2 25
18.1%
38.8%
Q1 25
17.5%
32.0%
Q4 24
23.9%
23.1%
Q3 24
22.4%
20.0%
Q2 24
17.9%
35.2%
Q1 24
17.7%
28.8%
Net Margin
CZR
CZR
RAVE
RAVE
Q4 25
-8.6%
20.9%
Q3 25
-1.9%
20.1%
Q2 25
-2.8%
26.9%
Q1 25
-4.1%
24.3%
Q4 24
0.4%
21.2%
Q3 24
-0.3%
17.2%
Q2 24
-4.3%
26.2%
Q1 24
-5.8%
22.1%
EPS (diluted)
CZR
CZR
RAVE
RAVE
Q4 25
$-1.22
$0.04
Q3 25
$-0.27
$0.05
Q2 25
$-0.39
$0.06
Q1 25
$-0.54
$0.05
Q4 24
$0.04
$0.04
Q3 24
$-0.04
$0.04
Q2 24
$-0.56
$0.06
Q1 24
$-0.73
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CZR
CZR
RAVE
RAVE
Cash + ST InvestmentsLiquidity on hand
$887.0M
$10.9M
Total DebtLower is stronger
$11.9B
Stockholders' EquityBook value
$3.5B
$15.5M
Total Assets
$31.6B
$17.5M
Debt / EquityLower = less leverage
3.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CZR
CZR
RAVE
RAVE
Q4 25
$887.0M
$10.9M
Q3 25
$836.0M
$10.6M
Q2 25
$982.0M
$9.9M
Q1 25
$884.0M
$8.7M
Q4 24
$866.0M
$8.9M
Q3 24
$802.0M
$8.4M
Q2 24
$830.0M
$7.8M
Q1 24
$726.0M
$6.3M
Total Debt
CZR
CZR
RAVE
RAVE
Q4 25
$11.9B
Q3 25
$11.9B
Q2 25
$12.3B
Q1 25
$12.3B
Q4 24
$12.3B
Q3 24
$12.7B
Q2 24
$12.4B
Q1 24
$12.4B
Stockholders' Equity
CZR
CZR
RAVE
RAVE
Q4 25
$3.5B
$15.5M
Q3 25
$3.8B
$14.8M
Q2 25
$3.9B
$14.2M
Q1 25
$4.1B
$13.3M
Q4 24
$4.2B
$13.8M
Q3 24
$4.2B
$13.3M
Q2 24
$4.3B
$12.7M
Q1 24
$4.4B
$11.8M
Total Assets
CZR
CZR
RAVE
RAVE
Q4 25
$31.6B
$17.5M
Q3 25
$31.9B
$17.0M
Q2 25
$32.5B
$16.6M
Q1 25
$32.4B
$15.7M
Q4 24
$32.6B
$16.1M
Q3 24
$33.0B
$16.3M
Q2 24
$33.1B
$15.8M
Q1 24
$33.1B
$15.0M
Debt / Equity
CZR
CZR
RAVE
RAVE
Q4 25
3.40×
Q3 25
3.15×
Q2 25
3.15×
Q1 25
3.04×
Q4 24
2.96×
Q3 24
3.04×
Q2 24
2.89×
Q1 24
2.82×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CZR
CZR
RAVE
RAVE
Operating Cash FlowLast quarter
$304.0M
$306.0K
Free Cash FlowOCF − Capex
$147.0M
$297.0K
FCF MarginFCF / Revenue
5.0%
9.8%
Capex IntensityCapex / Revenue
5.4%
0.3%
Cash ConversionOCF / Net Profit
0.48×
TTM Free Cash FlowTrailing 4 quarters
$497.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CZR
CZR
RAVE
RAVE
Q4 25
$304.0M
$306.0K
Q3 25
$318.0M
$608.0K
Q2 25
$462.0M
$1.2M
Q1 25
$218.0M
$927.0K
Q4 24
$309.0M
$711.0K
Q3 24
$232.0M
$530.0K
Q2 24
$454.0M
$1.5M
Q1 24
$80.0M
$1.0M
Free Cash Flow
CZR
CZR
RAVE
RAVE
Q4 25
$147.0M
$297.0K
Q3 25
$123.0M
$600.0K
Q2 25
$232.0M
$1.2M
Q1 25
$-5.0M
Q4 24
$30.0M
$667.0K
Q3 24
$-192.0M
Q2 24
$125.0M
$1.5M
Q1 24
$-184.0M
$996.0K
FCF Margin
CZR
CZR
RAVE
RAVE
Q4 25
5.0%
9.8%
Q3 25
4.3%
18.7%
Q2 25
8.0%
38.5%
Q1 25
-0.2%
Q4 24
1.1%
23.2%
Q3 24
-6.7%
Q2 24
4.4%
44.9%
Q1 24
-6.7%
33.6%
Capex Intensity
CZR
CZR
RAVE
RAVE
Q4 25
5.4%
0.3%
Q3 25
6.8%
0.2%
Q2 25
7.9%
0.4%
Q1 25
8.0%
0.0%
Q4 24
10.0%
1.5%
Q3 24
14.8%
0.0%
Q2 24
11.6%
0.2%
Q1 24
9.6%
1.0%
Cash Conversion
CZR
CZR
RAVE
RAVE
Q4 25
0.48×
Q3 25
0.94×
Q2 25
1.45×
Q1 25
1.28×
Q4 24
28.09×
1.17×
Q3 24
1.01×
Q2 24
1.72×
Q1 24
1.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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