Gambling, Resorts & Casinos
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4 / 10Stock Comparison
CZR vs PENN vs MGM vs WYNN
Revenue, margins, valuation, and 5-year total return — side by side.
Gambling, Resorts & Casinos
Gambling, Resorts & Casinos
Gambling, Resorts & Casinos
CZR vs PENN vs MGM vs WYNN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Gambling, Resorts & Casinos | Gambling, Resorts & Casinos | Gambling, Resorts & Casinos | Gambling, Resorts & Casinos |
| Market Cap | $5.66B | $2.24B | $9.75B | $11.14B |
| Revenue (TTM) | $11.56B | $6.96B | $17.72B | $7.29B |
| Net Income (TTM) | $-485M | $-843M | $183M | $425M |
| Gross Margin | 43.9% | 30.6% | 44.2% | 28.5% |
| Operating Margin | 17.8% | -7.9% | 5.2% | 15.7% |
| Forward P/E | — | 23.0x | 22.1x | 20.8x |
| Total Debt | $26.34B | $8.38B | $56.16B | $12.29B |
| Cash & Equiv. | $887M | $687M | $2.06B | $1.46B |
CZR vs PENN vs MGM vs WYNN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Caesars Entertainme… (CZR) | 100 | 243.9 | +143.9% |
| PENN Entertainment,… (PENN) | 100 | 51.1 | -48.9% |
| MGM Resorts Interna… (MGM) | 100 | 221.8 | +121.8% |
| Wynn Resorts, Limit… (WYNN) | 100 | 128.3 | +28.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CZR vs PENN vs MGM vs WYNN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CZR plays a supporting role in this comparison — it may shine differently against other peers.
PENN is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 5.8%, EPS growth -184.4%, 3Y rev CAGR 2.8%
- 5.8% revenue growth vs WYNN's 0.1%
MGM is the clearest fit if your priority is long-term compounding.
- 81.8% 10Y total return vs CZR's 302.6%
WYNN carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 3 yrs, beta 1.23, yield 1.6%
- Lower volatility, beta 1.23, current ratio 1.63x
- Beta 1.23, yield 1.6%, current ratio 1.63x
- Lower P/E (20.8x vs 23.0x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 5.8% revenue growth vs WYNN's 0.1% | |
| Value | Lower P/E (20.8x vs 23.0x) | |
| Quality / Margins | 5.8% margin vs PENN's -12.1% | |
| Stability / Safety | Beta 1.23 vs PENN's 1.34 | |
| Dividends | 1.6% yield; 3-year raise streak; the other 3 pay no meaningful dividend | |
| Momentum (1Y) | +28.2% vs CZR's +2.5% | |
| Efficiency (ROA) | 3.3% ROA vs PENN's -5.7%, ROIC 9.3% vs 1.8% |
CZR vs PENN vs MGM vs WYNN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CZR vs PENN vs MGM vs WYNN — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
WYNN leads in 4 of 6 categories
CZR leads 0 • PENN leads 0 • MGM leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
WYNN leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MGM is the larger business by revenue, generating $17.7B annually — 2.5x PENN's $7.0B. WYNN is the more profitable business, keeping 5.8% of every revenue dollar as net income compared to PENN's -12.1%. On growth, WYNN holds the edge at +9.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $11.6B | $7.0B | $17.7B | $7.3B |
| EBITDAEarnings before interest/tax | $3.5B | -$105M | $2.0B | $1.8B |
| Net IncomeAfter-tax profit | -$485M | -$843M | $183M | $425M |
| Free Cash FlowCash after capex | $538M | -$169M | $1.7B | $872M |
| Gross MarginGross profit ÷ Revenue | +43.9% | +30.6% | +44.2% | +28.5% |
| Operating MarginEBIT ÷ Revenue | +17.8% | -7.9% | +5.2% | +15.7% |
| Net MarginNet income ÷ Revenue | -4.2% | -12.1% | +1.0% | +5.8% |
| FCF MarginFCF ÷ Revenue | +4.7% | -2.4% | +9.8% | +12.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +2.7% | +8.2% | +4.2% | +9.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +11.1% | +37.5% | -5.9% | +50.7% |
Valuation Metrics
Evenly matched — CZR and PENN each lead in 2 of 6 comparable metrics.
Valuation Metrics
At 34.0x trailing earnings, WYNN trades at a 32% valuation discount to MGM's 50.1x P/E. On an enterprise value basis, CZR's 8.9x EV/EBITDA is more attractive than MGM's 31.6x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $5.7B | $2.2B | $9.8B | $11.1B |
| Enterprise ValueMkt cap + debt − cash | $31.1B | $9.9B | $63.8B | $22.0B |
| Trailing P/EPrice ÷ TTM EPS | -11.48x | -2.88x | 50.14x | 34.03x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 22.95x | 22.10x | 20.79x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 8.90x | 13.81x | 31.61x | 12.36x |
| Price / SalesMarket cap ÷ Revenue | 0.49x | 0.32x | 0.56x | 1.56x |
| Price / BookPrice ÷ Book value/share | 1.57x | 1.33x | 3.08x | — |
| Price / FCFMarket cap ÷ FCF | 10.88x | — | 5.85x | 16.10x |
Profitability & Efficiency
WYNN leads this category, winning 4 of 8 comparable metrics.
Profitability & Efficiency
MGM delivers a 5.3% return on equity — every $100 of shareholder capital generates $5 in annual profit, vs $-35 for PENN. PENN carries lower financial leverage with a 4.58x debt-to-equity ratio, signaling a more conservative balance sheet compared to MGM's 17.14x.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -12.6% | -34.7% | +5.3% | — |
| ROA (TTM)Return on assets | -1.5% | -5.7% | +0.4% | +3.3% |
| ROICReturn on invested capital | +5.4% | +1.8% | +1.7% | +9.3% |
| ROCEReturn on capital employed | +7.0% | +2.0% | +2.6% | +9.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 | 5 | 5 |
| Debt / EquityFinancial leverage | 7.15x | 4.58x | 17.14x | — |
| Net DebtTotal debt minus cash | $25.5B | $7.7B | $54.1B | $10.8B |
| Cash & Equiv.Liquid assets | $887M | $687M | $2.1B | $1.5B |
| Total DebtShort + long-term debt | $26.3B | $8.4B | $56.2B | $12.3B |
| Interest CoverageEBIT ÷ Interest expense | 0.90x | -1.02x | 1.52x | 2.82x |
Total Returns (Dividends Reinvested)
WYNN leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MGM five years ago would be worth $9,551 today (with dividends reinvested), compared to $1,936 for PENN. Over the past 12 months, WYNN leads with a +28.2% total return vs CZR's +2.5%. The 3-year compound annual growth rate (CAGR) favors WYNN at -0.9% vs CZR's -15.0% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +17.9% | +12.9% | +4.4% | -12.6% |
| 1-Year ReturnPast 12 months | +2.5% | +6.7% | +20.1% | +28.2% |
| 3-Year ReturnCumulative with dividends | -38.6% | -35.3% | -12.3% | -2.6% |
| 5-Year ReturnCumulative with dividends | -73.7% | -80.6% | -4.5% | -13.0% |
| 10-Year ReturnCumulative with dividends | +302.6% | +11.9% | +81.8% | +34.8% |
| CAGR (3Y)Annualised 3-year return | -15.0% | -13.5% | -4.3% | -0.9% |
Risk & Volatility
Evenly matched — MGM and WYNN each lead in 1 of 2 comparable metrics.
Risk & Volatility
WYNN is the less volatile stock with a 1.23 beta — it tends to amplify market swings less than PENN's 1.34 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MGM currently trades 93.1% from its 52-week high vs WYNN's 79.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.27x | 1.34x | 1.28x | 1.23x |
| 52-Week HighHighest price in past year | $31.58 | $20.61 | $40.94 | $134.72 |
| 52-Week LowLowest price in past year | $17.95 | $11.65 | $29.19 | $82.20 |
| % of 52W HighCurrent price vs 52-week peak | +88.0% | +81.4% | +93.1% | +79.3% |
| RSI (14)Momentum oscillator 0–100 | 54.5 | 55.1 | 50.0 | 55.4 |
| Avg Volume (50D)Average daily shares traded | 4.6M | 4.4M | 4.4M | 1.6M |
Analyst Outlook
WYNN leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: CZR as "Buy", PENN as "Buy", MGM as "Buy", WYNN as "Buy". Consensus price targets imply 33.8% upside for WYNN (target: $143) vs 4.2% for MGM (target: $40). WYNN is the only dividend payer here at 1.57% yield — a key consideration for income-focused portfolios.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $30.57 | $19.88 | $39.71 | $143.00 |
| # AnalystsCovering analysts | 30 | 47 | 36 | 45 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | +1.6% |
| Dividend StreakConsecutive years of raises | 0 | — | 0 | 3 |
| Dividend / ShareAnnual DPS | — | — | — | $1.68 |
| Buyback YieldShare repurchases ÷ mkt cap | +4.0% | +15.8% | +12.6% | +3.4% |
WYNN leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 2 categories are tied.
CZR vs PENN vs MGM vs WYNN: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CZR or PENN or MGM or WYNN a better buy right now?
For growth investors, PENN Entertainment, Inc.
(PENN) is the stronger pick with 5. 8% revenue growth year-over-year, versus 0. 1% for Wynn Resorts, Limited (WYNN). Wynn Resorts, Limited (WYNN) offers the better valuation at 34. 0x trailing P/E (20. 8x forward), making it the more compelling value choice. Analysts rate Caesars Entertainment, Inc. (CZR) a "Buy" — based on 30 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CZR or PENN or MGM or WYNN?
On trailing P/E, Wynn Resorts, Limited (WYNN) is the cheapest at 34.
0x versus MGM Resorts International at 50. 1x. On forward P/E, Wynn Resorts, Limited is actually cheaper at 20. 8x.
03Which is the better long-term investment — CZR or PENN or MGM or WYNN?
Over the past 5 years, MGM Resorts International (MGM) delivered a total return of -4.
5%, compared to -80. 6% for PENN Entertainment, Inc. (PENN). Over 10 years, the gap is even starker: CZR returned +302. 6% versus PENN's +11. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CZR or PENN or MGM or WYNN?
By beta (market sensitivity over 5 years), Wynn Resorts, Limited (WYNN) is the lower-risk stock at 1.
23β versus PENN Entertainment, Inc. 's 1. 34β — meaning PENN is approximately 9% more volatile than WYNN relative to the S&P 500. On balance sheet safety, PENN Entertainment, Inc. (PENN) carries a lower debt/equity ratio of 5% versus 17% for MGM Resorts International — giving it more financial flexibility in a downturn.
05Which is growing faster — CZR or PENN or MGM or WYNN?
By revenue growth (latest reported year), PENN Entertainment, Inc.
(PENN) is pulling ahead at 5. 8% versus 0. 1% for Wynn Resorts, Limited (WYNN). On earnings-per-share growth, the picture is similar: Wynn Resorts, Limited grew EPS -27. 8% year-over-year, compared to -184. 4% for PENN Entertainment, Inc.. Over a 3-year CAGR, WYNN leads at 23. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CZR or PENN or MGM or WYNN?
Wynn Resorts, Limited (WYNN) is the more profitable company, earning 4.
6% net margin versus -12. 1% for PENN Entertainment, Inc. — meaning it keeps 4. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CZR leads at 18. 1% versus 3. 9% for PENN. At the gross margin level — before operating expenses — MGM leads at 44. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CZR or PENN or MGM or WYNN more undervalued right now?
On forward earnings alone, Wynn Resorts, Limited (WYNN) trades at 20.
8x forward P/E versus 23. 0x for PENN Entertainment, Inc. — 2. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for WYNN: 33. 8% to $143. 00.
08Which pays a better dividend — CZR or PENN or MGM or WYNN?
In this comparison, WYNN (1.
6% yield) pays a dividend. CZR, PENN, MGM do not pay a meaningful dividend and should not be held primarily for income.
09Is CZR or PENN or MGM or WYNN better for a retirement portfolio?
For long-horizon retirement investors, Wynn Resorts, Limited (WYNN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.
23), 1. 6% yield). Both have compounded well over 10 years (WYNN: +34. 8%, PENN: +11. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CZR and PENN and MGM and WYNN?
Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
WYNN pays a dividend while CZR, PENN, MGM do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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