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Penn Entertainment, Inc. (PENN)

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Penn Entertainment, Inc. (PENN) reported revenue of $1.9 billion for Q2 FY2026, the quarter ended 30 June 2026, up 5.2% on the same quarter a year earlier. Net income was $33 million, and diluted earnings per share $0.24. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue$1.9 billionup 5.2%
Net income$33 million
Diluted EPS$0.24
QuarterQ2 FY2026ended 30 June 2026

Penn Entertainment (PENN) in brief

Penn Entertainment (PENN) reported revenue of $7.0 billion for fiscal 2025, the year ended 31 December 2025, up 5.8% on the year before.
Read moreNet loss was $843 million and the diluted loss per share $5.83. Revenue was $6.6 billion in fiscal 2024, $6.4 billion in fiscal 2023, $6.4 billion in fiscal 2022 and $5.9 billion in fiscal 2021. Net income in the same years was a loss of $312 million, a loss of $490 million, $222 million and $421 million. Over the twelve months to 30 June 2026, Penn Entertainment reported revenue of $7.2 billion and net loss of $907 million. Revenue grew 14.2% a year, compounded, over the five years to fiscal 2025. Penn Entertainment had 134 million shares outstanding at the latest filed count. At 30 June 2026 it carried $2.8 billion of debt and $887 million of cash. At the close of 9 October 2026 the market cap of Penn Entertainment was $2.1 billion.

Ratios

From the filings

ROE-48.7%
ROCE-12.1%
Operating margin-7.9%
Net margin-12.7%
FCF margin1.3%
Interest cover-1.30
Debt to equity1.51
Cash conversionn/a
Share count, 1 year-8.2%
Sales CAGR, 3 years2.8%
Profit CAGR, 3 yearsn/a
EPS, TTM-$6.36

At the close of 9 October 2026

Price$15.47
Market cap$2.1 billion
Stock P/En/a
Price to book1.11
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales0.29
52-week high$22.06
52-week low$11.76
Price, 1 year-8.4%
Price CAGR, 3 years-10.7%
Price CAGR, 5 years-26.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Penn Entertainment, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
PENNgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on PENN

Filings21 in twelve months: 12 current reports (8-K), about 5 material agreement; 4 results of operations; 4 regulation FD disclosure; 3 new financial obligation; 2 officer or director change
Planned insider sales1 Form 144 notice in twelve months, $115,891; latest 17 November 2025
Options tapeput/call 0.63 by open interest at the 9 October 2026 close; the straddle prices a 5.4% move to 16 October 2026
13F holders8 of the followed funds hold it; largest Geode Capital Management; 6 Schedule 13D or 13G filings in twelve months
Insider trading1 sale and 4 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest16.9 million shares short, 5.09 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue1,6191,3951,6071,6631,6391,6691,6721,7651,7171,8061,7791,857
Operating income-786-308-21.474.567.5-48.142.877.5-776-17.597.1132
Operating margin-49%-22%-1%4%4%-3%3%4%-45%-1%5%7%
Interest expense119120121122123121120108110109108108
Pre-tax income-887-408-128-30.3-34.7-149159-11.9-860-1085.939.7
Tax raten/an/an/an/an/an/a30%n/an/an/a147%18%
Net income-725-358-115-26.8-36.7-133112-17.4-865-72.9-2.333.1
Net margin-45%-26%-7%-2%-2%-8%7%-1%-50%-4%-0%2%
Diluted EPS-$4.80-$2.37-$0.76-$0.18-$0.24-$0.88$0.68-$0.12-$6.03-$0.55-$0.02$0.24
Operating cash flow217-84.8-68.715017510341.9178181107122241
Capital expenditure75.015241.488.213222112515917319094.697.4
Free cash flow142-237-11062.242.6-118-83.318.88.2-83.227.8143
Buybacks0.00.00.00.00.00.025.090.315485.00.00.0
Shares outstanding152m152m152m153m153m153m151m146m133m134m134m134m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022 †FY2023FY2024FY2025TTM
Revenue2,5912,8383,0343,1483,5885,3013,5795,9056,4026,3636,5786,9617,160
Operating income257468543446634572-4101,060974-69072.5-674-565
Operating margin9.9%16.5%17.9%14.2%17.7%10.8%-11.5%17.9%15.2%-10.8%1.1%-9.7%-7.9%
Interest expense425443459467539536546567760470487448436
Pre-tax income-15356.6121-25.189.986.1-834539175-500-341-821-922
Income tax30.555.911.3-499-3.643.0-165119-46.4-8.2-28.024.6-13.7
Effective tax raten/a98.8%9.4%n/a-4.0%49.9%n/a22.0%-26.5%n/an/an/an/a
Net income-1840.710947393.543.9-670421222-490-312-843-907
Net margin-7.1%0.0%3.6%15.0%2.6%0.8%-18.7%7.1%3.5%-7.7%-4.7%-12.1%-12.7%
Diluted EPS-$2.34$0.01$1.19$5.07$0.93$0.37-$5.00$2.48$1.29-$3.22-$2.05-$5.83-$6.36
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2023FY2024FY2025Share
latest year
Northeast2,7382,7562,76939.8%
Interactive7199601,30318.7%
Midwest1,1731,1721,18117.0%
South1,2161,1691,16716.8%
West5285255437.8%
NortheastInteractiveMidwestSouthWest
6,375FY20236,582FY20246,964FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Gaming4,9065,1705,35076.9%
Other79973891213.1%
Food and beverage4114204466.4%
Hotel2472502533.6%
GamingOtherFood and beverageHotel
6,363FY20236,578FY20246,961FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022 †FY2023FY2024FY2025TTM
Operating cash flown/a414408478353704339896878456359508651
Capital expenditure14513797.299.392.6191137244263360483648555
Free cash flown/a27731137826051320265261595.9-123-14096.1
Free cash flow marginn/a9.8%10.2%12.0%7.3%9.7%5.6%11.0%9.6%1.5%-1.9%-2.0%1.3%
Cash from investingn/a-781-79.3-222-1,423-608-234-1,222-259-743-541-351-51.2
Cash from financingn/a396-340-2071,272-1221,310340-853-263-186-166-380
Depreciation and amortisation267259271267269414367344568435434447463
Share-based compensation10.78.26.97.812.014.914.535.158.185.952.960.960.7
Buybacksn/an/a0.024.850.024.90.00.06011500.0354239
Diluted shares, weighted78m91m91m93m100m118m134m176m177m152m152m145m137m
Shares outstanding at period end79m81m91m91m117m116m156mn/an/an/an/an/a134m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022 †FY2023FY2024FY2025TTM
Funded by
Shareholders' equity-708-678-543-73.17311,8532,6564,0983,5983,2022,8631,8341,861
Non-controlling interestn/an/an/a0.00.0-0.8-0.4-0.7-1.1-2.5-4.3-6.5-7.5
Debt1,2681,7351,3301,2152,3502,4192,4322,8402,8182,7982,7972,9042,815
Operating lease liabilitiesn/an/an/an/a0.04,4514,3664,3219693,9443,6543,5923,484
Finance lease liabilitiesn/an/an/an/a0.02192123074,9342,0622,0622,0172,008
Other liabilities4,0654,0824,1884,0937,8805,2545,0025,3065,1854,0603,8893,9273,909
Total liabilities and equity4,6255,1394,9745,23510,96114,19414,66716,87217,50216,06415,26214,26814,069
Owned
Fixed assets2,6702,9802,8202,7576,8695,1204,5294,5824,5163,5143,7053,7173,492
Goodwill8749129901,0081,2281,2711,1572,8222,6902,6952,5631,7871,766
Intangible assets4193914354231,8572,0261,5141,8731,7391,6181,5301,4051,390
Cash and equivalents2092372302784804371,8541,8641,6241,072707687887
Receivables41.645.261.962.810788.796.4195247319257254246
Inventoryn/an/an/an/an/an/an/an/a11.1n/an/an/an/a
Other assets4115734387074215,2515,5175,5366,6766,8466,5006,4196,288
Total assets4,6255,1394,9745,23510,96114,19414,66716,87217,50216,06415,26214,26814,069
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded9.4%14.2%2.8%6.1%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-11.1%-24.1%-46.0%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Penn Entertainment's revenue in fiscal 2025?

Penn Entertainment (PENN) reported revenue of $7.0 billion for fiscal 2025, the year ended 31 December 2025, up 5.8% on the year before.

How much did Penn Entertainment earn in fiscal 2025?

Net loss was $843 million for fiscal 2025, and the diluted loss per share $5.83.

What is Penn Entertainment's market cap?

The market cap of Penn Entertainment was $2.1 billion at the close of 9 October 2026.

How much debt does Penn Entertainment have?

At 30 June 2026 Penn Entertainment carried $2.8 billion of debt and $887 million of cash.

Peers: Restaurants, Hotels, Motels

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Marriott International Inc. MAR$95.4 billion37.92n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$73.7 billion47.95n/a23.3%8.7%n/a0.2%
InterContinental Hotels Group PLC IHG *$24.4 billion33.05n/a23.1%5.4%n/a1.1%
Las Vegas Sands Corp. LVS$23.4 billion14.07297.2%21.5%18.1%23.572.8%
Hyatt Hotels Corp. H$15.7 billion197.462.4%n/a5.8%1.110.4%
Wynn Resorts Ltd. WYNN$7.8 billion18.65n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.4 billion17.7316.9%5.7%3.2%2.410.0%
Caesars Entertainment, Inc. CZR$6.0 billionn/a-13.8%15.9%2.4%3.50n/a
Wyndham Hotels & Resorts, Inc. WH$5.5 billion27.2343.3%30.2%-2.1%5.532.2%
Boyd Gaming Corp. BYD$5.0 billion3.0372.7%16.4%1.7%1.051.0%
Choice Hotels International Inc. CHH$4.8 billion14.92230.9%25.2%2.6%14.081.1%
Travel & Leisure Co. TNL$3.8 billion17.12n/a13.7%4.5%n/a3.7%
All 36 in Restaurants, Hotels, Motels
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$166.5 billion19.11n/a46.2%6.3%n/a3.0%
Starbucks Corp. SBUX$103.5 billion52.16n/a7.8%4.5%n/a2.7%
Marriott International Inc. MAR$95.4 billion37.92n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$73.7 billion47.95n/a23.3%8.7%n/a0.2%
Chipotle Mexican Grill Inc. CMG$40.0 billion28.9764.5%14.7%7.3%0.00n/a
Yum! Brands, Inc. YUM$39.5 billion18.22n/a31.0%10.3%n/a2.0%
InterContinental Hotels Group PLC IHG *$24.4 billion33.05n/a23.1%5.4%n/a1.1%
Las Vegas Sands Corp. LVS$23.4 billion14.07297.2%21.5%18.1%23.572.8%
Darden Restaurants Inc. DRI$22.4 billion19.3257.2%11.7%8.1%0.793.0%
Hyatt Hotels Corp. H$15.7 billion197.462.4%n/a5.8%1.110.4%
Aramark ARMK$14.5 billion38.4211.3%4.4%11.0%1.800.8%
Texas Roadhouse, Inc. TXRH$10.6 billion25.8326.5%7.7%9.9%0.031.7%
Brinker International, Inc. EAT$8.2 billion17.80109.8%10.7%7.9%0.950.6%
Wynn Resorts Ltd. WYNN$7.8 billion18.65n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.4 billion17.7316.9%5.7%3.2%2.410.0%
Cava Group, Inc. CAVA$6.3 billion97.587.9%5.2%26.8%0.00n/a
Caesars Entertainment, Inc. CZR$6.0 billionn/a-13.8%15.9%2.4%3.50n/a
Dutch Bros Inc. BROS$5.9 billion52.8511.6%9.6%29.6%0.25n/a
Wyndham Hotels & Resorts, Inc. WH$5.5 billion27.2343.3%30.2%-2.1%5.532.2%
Cheesecake Factory Inc. CAKE$5.4 billion29.3934.4%5.3%5.7%1.081.0%
Boyd Gaming Corp. BYD$5.0 billion3.0372.7%16.4%1.7%1.051.0%
Choice Hotels International Inc. CHH$4.8 billion14.92230.9%25.2%2.6%14.081.1%
Travel & Leisure Co. TNL$3.8 billion17.12n/a13.7%4.5%n/a3.7%
Wingstop Inc. WING$3.3 billion29.04n/a27.9%7.6%n/a0.9%
Park Hotels & Resorts Inc. PK$3.1 billionn/a-5.3%2.0%-1.4%1.276.6%
Red Rock Resorts, Inc. RRR$2.9 billion17.5098.7%27.7%0.9%20.832.0%
Shake Shack Inc. SHAK$2.8 billion71.197.3%3.6%17.3%0.46n/a
Hilton Grand Vacations Inc. HGV$2.7 billion19.5213.7%9.9%5.4%4.42n/a
Sunstone Hotel Investors, Inc. SHO$2.1 billion51.362.2%9.1%7.3%0.523.2%
Penn Entertainment, Inc. PENN$2.1 billionn/a-48.7%-7.9%6.1%1.51n/a
Monarch Casino & Resort Inc. MCRI$2.0 billion18.3319.9%25.1%5.1%0.001.0%
Xenia Hotels & Resorts, Inc. XHR$1.7 billionn/a-0.7%6.7%1.6%1.223.1%
Cracker Barrel OLD Country Store, Inc. CBRL$1.3 billion41.046.6%-0.4%-4.7%0.711.7%
BJs Restaurants Inc. BJRI$1.3 billion31.9910.3%2.7%3.5%0.110.8%
Wendy's Co. WEN$1.2 billion9.47104.6%13.6%-1.0%22.8210.7%
Papa Johns International Inc. PZZA$649 million24.99n/a4.3%-5.6%n/a9.3%
17 companies share its SEC industry code (Hotels & Motels); the rest are the names nearest in size in its wider industry, Restaurants, Hotels, Motels, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20266 August 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 202526 February 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 202512 May 2025EDGAR
10-K31 December 202427 February 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 20248 August 2024EDGAR
10-Q31 March 20242 May 2024EDGAR

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