PENN Entertainment financials
$14.61−4.13%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.96B | $6.58B | $6.36B | $6.40B | $5.91B | $3.58B | $5.30B | $3.59B | $3.15B | $3.03B |
| Gross profit | $2.35B | $2.16B | $2.36B | $2.77B | $2.76B | $1.71B | $2.35B | $1.54B | $1.34B | $1.28B |
| Gross margin | 33.8% | 32.9% | 37.1% | 43.3% | 46.7% | 47.8% | 44.3% | 42.9% | 42.4% | 42.1% |
| Operating income | -$673.6M | $72.5M | $233.0M | $974.0M | $1.06B | -$410.2M | $571.9M | $634.1M | $445.7M | $543.0M |
| Net income | -$843.1M | -$311.5M | -$490.0M | $222.1M | $420.8M | -$669.5M | $43.9M | $93.5M | $473.5M | $100.6M |
| Net margin | −12.1% | −4.7% | −7.7% | 3.5% | 7.1% | −18.7% | 0.8% | 2.6% | 15.0% | 3.3% |
| Diluted EPS | $-5.83 | $-2.05 | $-3.22 | $1.29 | $2.48 | $-5.00 | $0.37 | $0.93 | $5.07 | $1.19 |
| EBITDA | $718.6M | $595.2M | $798.7M | $1.66B | $1.56B | $700.2M | $1.26B | $921.0M | $553.5M | $814.2M |
| Operating cash flow | $508.2M | $359.3M | $455.9M | $878.2M | $896.1M | $338.8M | $696.9M | $352.8M | $484.6M | $436.7M |
| Free cash flow | -$139.5M | -$123.4M | $95.9M | $614.8M | $652.0M | $201.8M | $506.3M | $260.2M | $385.3M | $336.4M |
| Diluted shares | 144.6M | 152.1M | 152.1M | 176.6M | 175.5M | 134.0M | 117.8M | 100.3M | 93.4M | 91.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $686.6M | $706.6M | $1.07B | $1.62B | $1.86B | $1.85B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $7.29B | $7.27B | $7.30B | $6.81B | $6.83B | $6.45B |
| Total assets | $14.27B | $15.26B | $16.06B | $17.50B | $16.87B | $14.67B |
| Total liabilities | $12.44B | $12.40B | $12.86B | $13.91B | $12.78B | $12.01B |
| Shareholders' equity | $1.83B | $2.86B | $3.20B | $3.60B | $4.10B | $2.66B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology