Saturday 31 October 2026 Export PENN’s income statement to Excel — free account

PENN Entertainment, Inc.

PENN Consumer Cyclical Resorts & Casinos

PENN Entertainment, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.0 billion, up 5.82% from fiscal 2024. In the quarter to June 2026, revenue grew 5.24%, EPS grew 308.3%, free cash flow grew 9,546.2% and total debt fell 1.37%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

15.84 0.51 +3.33%

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Market cap: $2.1B
P/E: 0.0×
Fwd P/E: 15.1×
Dividend yield: —
F-score: 5/9
Altman Z: 0.26
Beneish M: −2.99
Dividend safety: n/a

Overview Business Profile Financial Analysis

Insider Decisions trades per month

Total buys 1.00

Total sells 0.12

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	3	—	—	—	1	—	—	—	—	—	—	—
Sell	1	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 1.32%

Capital & Financial Ratios $m

Market Cap 2,060.00

Revenue 7,160.00

Net Income (908.70)

Free Cash Flow 37.90

Net Debt 6,216.60

Current Ratio 0.89

Debt/Equity 3.83

P/E ratio 0.00

Fwd P/E 15.10

P/S ratio 0.30

P/B ratio 1.14

Past 5Y EPS Growth —

This Y EPS Growth 115.24%

Next Y EPS Growth 67.37%

Next Y revenue growth 6.64%

Next 5Y EPS Growth (6.42%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 3.78%

10-year low 10-year high

P/B against its own 10 years 36.33%

10-year low 10-year high

EV/Sales against its own 10 years 3.93%

10-year low 10-year high

EV/FCF against its own 10 years 97.22%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	1.24	0.62 0.62

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,072	707	687	887
Receivables	319	257	254	246
Inventory	—	—	—	—
Other	43	39	74	52
	1,659	1,154	1,166	1,324

	2023	2024	2025	Q'26
Payables	37	51	54	62
ST’ Debt	89	82	84	80
Other	—	—	—	—
	1,490	1,415	1,476	1,495

Compound Annual Growth %

	10y	5y	3y
Sales	9.39%	14.23%	2.83%
Cash Flow	2.08%	8.45%	(16.67%)
Earnings	0.00%	0.00%	0.00%
Book Value	0.00%	(7.20%)	(20.20%)

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 0.35 Actual 0.44

−0.33 −0.11 0.10 0.32 0.54

Q3 FY25 Miss −0.12

Q4 FY25 Beat +0.30

Q1 FY26 Beat +0.06

Q2 FY26 Beat +0.09

Q3 FY26 — Nov 5

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q3 FY25	−0.10	−0.22	Miss by 0.12
Q4 FY25	−0.23	0.07	Beat by 0.30
Q1 FY26	0.05	0.11	Beat by 0.06
Q2 FY26	0.35	0.44	Beat by 0.09
Q3 FY26	0.21	—	Reports 5 November 2026

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.02)	0.24	—	—	—
’25	0.68	(0.12)	(6.03)	(0.55)	(5.83)
’24	(0.76)	(0.18)	(0.24)	(0.88)	(2.05)
’23	3.05	0.48	(4.80)	(2.37)	(3.22)
’22	0.29	0.15	0.72	0.13	1.29
’21	0.55	1.17	0.52	0.26	2.48
’20	(5.26)	(1.69)	0.93	0.07	(5.00)

Fiscal quarters ending in the months shown.

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,779	1,857	—	—	—
’25	1,673	1,765	1,717	1,806	6,961
’24	1,607	1,663	1,639	1,669	6,578
’23	1,673	1,675	1,619	1,395	6,363
’22	1,564	1,627	1,625	1,586	6,402
’21	1,275	1,546	1,512	1,573	5,905
’20	1,116	306	1,130	1,027	3,579

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	122	241	—	—	—
’25	42	178	181	107	508
’24	(69)	150	175	103	359
’23	148	176	217	(85)	456
’22	225	212	324	118	878
’21	181	324	274	117	896
’20	(33)	(98)	352	118	339

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	28	123	—	—	—
’25	(83)	(1)	(1)	(92)	(177)
’24	(110)	45	10	(127)	(181)
’23	85	95	137	(242)	74
’22	163	150	258	40	611
’21	155	267	200	8	629
’20	(76)	(129)	328	90	213

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	Trend	10 yrs	2026e	2027e	2028e	Next 3/yr
												Ten-year view		Analyst estimates Powerpack
Price, $
Price, $	Low	11.93	13.00	17.30	16.72	3.75	43.36	25.49	18.35	13.50	13.24		+1.2%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	High	17.40	31.65	36.90	26.45	99.24	142.00	53.36	36.26	26.53	23.08		+3.2%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
People
People	Employees	18,808	18,754	25,750	28,300	18,321	21,973	21,875	23,333	23,118	23,441		+2.5%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	Revenue/emp, $m	0.16	0.17	0.14	0.19	0.20	0.27	0.29	0.27	0.28	0.30		+7.0%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
Income, $m
Income, $m	Revenue	3,034	3,148	3,588	5,301	3,579	5,905	6,402	6,363	6,578	6,961		+9.7%	7,423	7,739	8,005	+4.8%
	Gross margin, %	42.07	42.41	42.92	44.27	47.80	46.69	43.27	37.12	32.89	33.79		(8.3) pt	Powerpack PENN Entertainment, Inc.’s next three years, line by line Analysts expect revenue to grow 4.8% a year to 2028 — slower than the 9.7% of the last 9 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	121	(25)	90	86	(834)	539	175	(500)	(341)	(821)		n/m
	EBT margin, %	3.98	(0.80)	2.51	1.62	(23.31)	9.13	2.74	(7.85)	(5.19)	(11.79)		(15.8) pt
	Net income	109	473	94	43	(669)	421	222	(491)	(313)	(845)		n/m
	Depreciation	278	274	275	422	383	367	577	443	442	455		+5.6%
Per share, $
Per share, $	Revenue	36.59	34.63	36.95	45.82	26.71	37.21	39.71	41.83	43.25	48.14		+3.1%
	Earnings	1.21	5.53	0.96	0.38	(5.00)	2.64	1.37	(3.22)	(2.05)	(5.83)		n/m
	Cash flow	4.92	5.26	3.63	6.08	2.53	5.65	5.45	3.00	2.36	3.51		(3.7%)
	Capex	(0.99)	(1.09)	(0.95)	(1.74)	(0.94)	(1.68)	(1.66)	(2.51)	(3.55)	(4.74)		+19.0%
	Free cash flow	3.93	4.16	2.68	4.34	1.59	3.97	3.79	0.49	(1.19)	(1.23)		n/m
	Book value	(6.55)	(0.80)	7.53	16.01	19.82	25.82	22.31	21.04	18.79	12.64		n/m
	Shares, m	83	91	97	116	134	159	161	152	152	145		+6.4%
Valuation, ×
Valuation, ×	P/E	11.56	5.56	16.96	69.08	0.00	19.42	21.21	0.00	0.00	0.00		14.4
	P/S	0.39	0.89	0.51	0.56	3.23	1.39	0.74	0.62	0.46	0.31		0.9
	P/B	0.00	0.00	2.50	1.60	4.40	2.02	1.32	1.23	1.05	1.17		1.5
	EV/Sales	1.93	2.32	3.04	1.71	5.80	2.24	1.55	1.59	1.45	1.25		2.3
	EV/FCF	18.01	19.30	41.86	17.61	95.20	21.13	16.32	146.61	(51.20)	(46.82)		27.8
Cash, $m
Cash, $m	Operating cash flow	408	478	353	704	339	896	878	456	359	508		+2.5%
	Capex	(82)	(99)	(92)	(202)	(126)	(267)	(267)	(382)	(541)	(685)		+26.6%
	Free cash flow	326	379	261	502	213	629	611	74	(181)	(177)		n/m
Balance, $m
Balance, $m	Working capital	(137)	(129)	(61)	(263)	1,225	1,090	855	169	(261)	(309)		+9.5%
	Total debt	4,930	4,789	9,561	6,528	11,023	6,834	6,812	7,256	7,220	7,248		+4.4%
	Net debt	4,700	4,511	9,081	6,090	9,169	4,970	5,188	6,184	6,513	6,562		+3.8%
	Shareholders’ equity	(543)	(73)	731	1,852	2,656	4,097	3,597	3,200	2,858	1,828		n/m
Returns, %
Returns, %	ROA	2.16	9.27	1.15	0.35	(4.64)	2.67	1.29	(2.92)	(1.99)	(5.71)		(7.9) pt
	ROIC	8.16	6.28	4.04	4.50	(2.17)	7.30	6.93	(4.60)	0.48	(5.02)		(13.2) pt
	ROE	(17.90)	(153.59)	28.42	3.40	(29.86)	12.55	5.81	(14.46)	(10.28)	(35.98)		(18.1) pt

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CZR Caesars Entertainment, Inc.	$5.9B	— (loss-making)	— (loss-making)	+2.96% (above 0%: growing)	n/m	+29.79% (above 0%: growing)	53.26%	17.14%	Compare
MTN Vail Resorts, Inc.	$5.5B	39.2×	26.2×	+2.50% (above 0%: growing)	n/m	+29.42% (above 0%: growing)	(8.85%)	(75.09%)	Compare
RRR Red Rock Resorts, Inc.	$5.2B	16.9×	23.9×	−3.04% (below 0%: shrinking)	−29.17% (below 0%: shrinking)	−76.90% (below 0%: shrinking)	61.83%	26.65%	Compare
BYD Boyd Gaming Corporation	$5.1B	3.2×	10.7×	+0.04% (above 0%: growing)	−4.89% (below 0%: shrinking)	−235.57% (below 0%: shrinking)	50.29%	19.40%	Compare
VAC Marriott Vacations Worldwide Corporation	$4.0B	— (loss-making)	14.5×	+5.94% (above 0%: growing)	+11.62% (above 0%: growing)	+123.53% (above 0%: growing)	90.83%	12.20%	Compare
HGV Hilton Grand Vacations Inc.	$2.8B	21.5×	12.0×	+7.27% (above 0%: growing)	−42.31% (below 0%: shrinking)	+318.52% (above 0%: growing)	36.75%	6.70%	Compare
PENN PENN Entertainment, Inc.	$2.1B	— (loss-making)	15.1×	+5.24% (above 0%: growing)	n/m	+9,546.15% (above 0%: growing)	37.18%	7.09%
MCRI Monarch Casino & Resort, Inc.	$2.0B	17.3×	16.5×	+4.15% (above 0%: growing)	+23.81% (above 0%: growing)	−1.37% (below 0%: shrinking)	55.71%	27.09%	Compare
MLCO Melco Resorts & Entertainment Limited	$1.5B	6.5×	11.3×	−5.72% (below 0%: shrinking)	+50.00% (above 0%: growing)	+513.61% (above 0%: growing)	34.83%	10.20%	Compare
Median of peers	$4.6B	17.1×	14.5×	+2.73%	+3.37%	+29.61%	51.77%	14.67%

All 17 Resorts & Casinos stocks →

Pay and ownership Proxy statement filed 27 April 2026

Chief executive’s pay

Year	Total pay	Actually paid	$100 invested
2025	24.13m	10.38m	17.08
2024	26.68m	13.21m	22.95
2023	15.54m	10.19m	30.13
2022	14.08m	(10.07m)	34.39
2021	65.89m	7.96m	60.03

Ownership

Directors and executive officers, together 3.24%

BlackRock, Inc. 13.20%

The Vanguard Group, Inc. 12.30%

Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement