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Side-by-side financial comparison of Caesars Entertainment (CZR) and State Street Corporation (STT). Click either name above to swap in a different company.

State Street Corporation is the larger business by last-quarter revenue ($3.7B vs $2.9B, roughly 1.3× Caesars Entertainment). State Street Corporation runs the higher net margin — 20.4% vs -2.9%, a 23.3% gap on every dollar of revenue. On growth, State Street Corporation posted the faster year-over-year revenue change (7.5% vs 2.7%). Over the past eight quarters, State Street Corporation's revenue compounded faster (8.1% CAGR vs 0.7%).

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.

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

CZR vs STT — Head-to-Head

Bigger by revenue
STT
STT
1.3× larger
STT
$3.7B
$2.9B
CZR
Growing faster (revenue YoY)
STT
STT
+4.8% gap
STT
7.5%
2.7%
CZR
Higher net margin
STT
STT
23.3% more per $
STT
20.4%
-2.9%
CZR
Faster 2-yr revenue CAGR
STT
STT
Annualised
STT
8.1%
0.7%
CZR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CZR
CZR
STT
STT
Revenue
$2.9B
$3.7B
Net Profit
$-83.0M
$747.0M
Gross Margin
Operating Margin
17.4%
25.0%
Net Margin
-2.9%
20.4%
Revenue YoY
2.7%
7.5%
Net Profit YoY
15.3%
-4.6%
EPS (diluted)
$-0.48
$2.41

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
STT
STT
Q1 26
$2.9B
Q4 25
$2.9B
$3.7B
Q3 25
$2.9B
$3.5B
Q2 25
$2.9B
$3.4B
Q1 25
$2.8B
$3.3B
Q4 24
$2.8B
$3.4B
Q3 24
$2.9B
$3.3B
Q2 24
$2.8B
$3.2B
Net Profit
CZR
CZR
STT
STT
Q1 26
$-83.0M
Q4 25
$-250.0M
$747.0M
Q3 25
$-55.0M
$861.0M
Q2 25
$-82.0M
$693.0M
Q1 25
$-115.0M
$644.0M
Q4 24
$11.0M
$783.0M
Q3 24
$-9.0M
$730.0M
Q2 24
$-122.0M
$711.0M
Operating Margin
CZR
CZR
STT
STT
Q1 26
17.4%
Q4 25
11.4%
25.0%
Q3 25
17.9%
31.1%
Q2 25
18.1%
25.8%
Q1 25
17.5%
25.0%
Q4 24
23.9%
28.1%
Q3 24
22.4%
28.4%
Q2 24
17.9%
28.6%
Net Margin
CZR
CZR
STT
STT
Q1 26
-2.9%
Q4 25
-8.6%
20.4%
Q3 25
-1.9%
24.3%
Q2 25
-2.8%
20.1%
Q1 25
-4.1%
19.6%
Q4 24
0.4%
22.9%
Q3 24
-0.3%
22.4%
Q2 24
-4.3%
22.3%
EPS (diluted)
CZR
CZR
STT
STT
Q1 26
$-0.48
Q4 25
$-1.22
$2.41
Q3 25
$-0.27
$2.78
Q2 25
$-0.39
$2.17
Q1 25
$-0.54
$2.04
Q4 24
$0.04
$2.43
Q3 24
$-0.04
$2.26
Q2 24
$-0.56
$2.15

Balance Sheet & Financial Strength

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

Metric
CZR
CZR
STT
STT
Cash + ST InvestmentsLiquidity on hand
$867.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$27.8B
Total Assets
$366.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CZR
CZR
STT
STT
Q1 26
$867.0M
Q4 25
$887.0M
Q3 25
$836.0M
Q2 25
$982.0M
Q1 25
$884.0M
Q4 24
$866.0M
Q3 24
$802.0M
Q2 24
$830.0M
Total Debt
CZR
CZR
STT
STT
Q1 26
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
Stockholders' Equity
CZR
CZR
STT
STT
Q1 26
Q4 25
$3.5B
$27.8B
Q3 25
$3.8B
$27.6B
Q2 25
$3.9B
$27.3B
Q1 25
$4.1B
$26.7B
Q4 24
$4.2B
$25.3B
Q3 24
$4.2B
$25.8B
Q2 24
$4.3B
$24.8B
Total Assets
CZR
CZR
STT
STT
Q1 26
Q4 25
$31.6B
$366.0B
Q3 25
$31.9B
$371.1B
Q2 25
$32.5B
$376.7B
Q1 25
$32.4B
$372.7B
Q4 24
$32.6B
$353.2B
Q3 24
$33.0B
$338.5B
Q2 24
$33.1B
$325.6B
Debt / Equity
CZR
CZR
STT
STT
Q1 26
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×

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
STT
STT
Operating Cash FlowLast quarter
$10.0B
Free Cash FlowOCF − Capex
$9.8B
FCF MarginFCF / Revenue
266.6%
Capex IntensityCapex / Revenue
7.3%
Cash ConversionOCF / Net Profit
13.44×
TTM Free Cash FlowTrailing 4 quarters
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CZR
CZR
STT
STT
Q1 26
Q4 25
$304.0M
$10.0B
Q3 25
$318.0M
$7.9B
Q2 25
$462.0M
$-8.4B
Q1 25
$218.0M
$2.4B
Q4 24
$309.0M
$-7.4B
Q3 24
$232.0M
$2.7B
Q2 24
$454.0M
$-7.6B
Free Cash Flow
CZR
CZR
STT
STT
Q1 26
Q4 25
$147.0M
$9.8B
Q3 25
$123.0M
$7.7B
Q2 25
$232.0M
$-8.8B
Q1 25
$-5.0M
$2.2B
Q4 24
$30.0M
$-7.7B
Q3 24
$-192.0M
$2.5B
Q2 24
$125.0M
$-7.9B
FCF Margin
CZR
CZR
STT
STT
Q1 26
Q4 25
5.0%
266.6%
Q3 25
4.3%
216.0%
Q2 25
8.0%
-254.1%
Q1 25
-0.2%
66.1%
Q4 24
1.1%
-225.1%
Q3 24
-6.7%
75.9%
Q2 24
4.4%
-246.2%
Capex Intensity
CZR
CZR
STT
STT
Q1 26
Q4 25
5.4%
7.3%
Q3 25
6.8%
6.9%
Q2 25
7.9%
9.3%
Q1 25
8.0%
6.9%
Q4 24
10.0%
7.3%
Q3 24
14.8%
7.2%
Q2 24
11.6%
6.7%
Cash Conversion
CZR
CZR
STT
STT
Q1 26
Q4 25
13.44×
Q3 25
9.18×
Q2 25
-12.18×
Q1 25
3.72×
Q4 24
28.09×
-9.49×
Q3 24
3.71×
Q2 24
-10.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CZR
CZR

Casino$1.7B58%
Hotel$487.0M17%
Food and beverage$424.0M15%
Other$293.0M10%

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

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