PENN Consumer Cyclical

PENN Entertainment, Inc.

$17.07+0.29%

Price as of close on Nov 3, 2026 · Financials updated Oct 10, 2026

Basics

Sector: Consumer Cyclical
Industry: Resorts & Casinos
Country: United States
Market cap: 2.3B USD
Enterprise value: 3.9B USD
Full-time employees: 23,441

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.39 vs a peer median of 0.63), less short-term liquidity (current ratio 0.89 vs a peer median of 1.48) and more debt relative to equity (1.51× vs a peer median of 0.46×)higher risk: bigger price swings (beta 1.39 vs peers 0.63), less liquidity (current ratio 0.89 vs peers 1.48) and more debt vs equity (1.51× vs peers 0.46×)

Ranks #1,448 of 1,502 consumer cyclical companies (bottom 4%)

See how it ranks against its peers

Worth knowing

Investment surge. Capital spending 9.3% of revenue, up from 4.1% in 2022.
PENN Entertainment is spending 9.3% of revenue on facilities and equipment, up from 4.1% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.
Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $33M profit in the quarter to June 2026.
PENN Entertainment reported a net loss over the last twelve months, but its most recent quarter was profitable ($33M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.
More volatile share price. Beta 1.39: tends to move more than the market.
PENN Entertainment's shares have swung more with the market than most peers' (beta 1.39, above the market's 1.0).

StockQuotient Score

16/ 100

Oct 5 16 → Nov 4 16

Valuation

Is the price right?

10/100

Weak▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 11 → 10

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ Earnings yield
▼ EBITDA yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-39.6%

SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.34Sector median: 0.0439 · MAD: 0.0329

EBITDA yield-2.5%

SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.90Sector median: 0.0877 · MAD: 0.0461

Free cash flow yield2.5%

Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingReported value20% base weight · Z-score -0.66Sector median: 0.0614 · MAD: 0.0545

Other data (not scored)

Book yield81.3%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5650 · MAD: 0.3500

Growth

Is it growing?

38/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growthUnavailable

The loss per share widened33% base weight · Z-score -1.22Sector median: 0.0420 · MAD: 0.2537

3-year revenue growth3.0%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.20Sector median: 0.0425 · MAD: 0.0636

Revenue growth6.1%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.37Sector median: 0.0373 · MAD: 0.0653

Profitability

Does it earn well?

4/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ ROA
▼ ROIC
▼ Operating margin

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin-7.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -3.09Sector median: 0.0638 · MAD: 0.0461

Return on assets-6.4%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score -3.27Sector median: 0.0331 · MAD: 0.0254

Return on invested capital-11.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -3.19Sector median: 0.0733 · MAD: 0.0600

Other data (not scored)

Gross margin35.2%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.3025 · MAD: 0.1399

Return on equity-48.7%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0746 · MAD: 0.0674

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Beta
▼ Current ratio
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.39

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -2.53Sector median: 0.6345 · MAD: 0.2980

Current ratio0.89×

SEC filings · latest balance sheetReported value33% base weight · Z-score -1.07Sector median: 1.4800 · MAD: 0.5570

Debt / equity1.51×

SEC filings · latest balance sheetReported value33% base weight · Z-score -2.95Sector median: 0.4646 · MAD: 0.3556

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about PENN Entertainment

Is PENN Entertainment getting weaker?: Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is unchanged at 16/100 since Oct 28, 2026.
How is PENN Entertainment valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 10/100 against 1,612 consumer cyclical peers. Earnings yield -39.6% vs a peer median of 4.4% (weaker than 100% of peers).Earnings yield -39.6% vs peers 4.4% (weaker than 100% of peers).
Is PENN Entertainment growing?: More slowly than most of its peers. Growth scores 38/100 against 1,612 consumer cyclical peers. Revenue growth 6.1% vs a peer median of 3.7% (stronger than 61% of peers).Revenue growth 6.1% vs peers 3.7% (stronger than 61% of peers).
How profitable is PENN Entertainment?: Less profitable than most of its peers. Profitability scores 4/100 against 1,612 consumer cyclical peers. Return on assets -6.4% vs a peer median of 3.3% (weaker than 100% of peers).Return on assets -6.4% vs peers 3.3% (weaker than 100% of peers).
How risky is PENN Entertainment?: Higher risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Beta 1.39 vs a peer median of 0.63 (weaker than 89% of peers).Beta 1.39 vs peers 0.63 (weaker than 89% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

Worth watching: PENN Entertainment is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.

	Previous quarter	Latest quarter	Change
Revenue (12 months)	7.1B USD	7.2B USD	+1.3%
Net income (12 months)	−957.2M USD	−906.7M USD	−5.3%
Operating margin	-8.8%	-7.9%	+0.9 pts
Debt	2.9B USD	2.8B USD	−4.6%
Cash	708.0M USD	887.2M USD	+25.3%
Shares outstanding	133.8M	134.1M	+0.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Consumer Cyclical · 182 companies

Valuations in Consumer Cyclical are within their usual range since 2016.

36% of months since 2016 were valued lower than now.
15% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +0% and earnings +10% (medians): prices and earnings moved broadly together.
Median price-to-sales is −55% vs the whole market, against a usual −41%.

2016Shaded: most expensive fifth of its range2026

Shown for Consumer Cyclical: too few Resorts & Casinos companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Operating margin	17.9%	15.2%	-10.8%	1.1%	-9.7%	▼ 11 pts
Net margin	7.1%	3.5%	-7.7%	-4.7%	-12.1%	▼ 7.4 pts
Return on assets (ROA)	2.5%	1.3%	-3.1%	-2.0%	-5.9%	▼ 3.9 pts
Return on equity (ROE)	10.3%	6.2%	-15.3%	-10.9%	-46.0%	▼ 35 pts
Free cash flow margin	11.0%	9.6%	1.5%	-1.9%	-2.0%	▼ 0.1 pts
Current ratio	1.96×	1.74×	1.11×	0.82×	0.79×	▼ 3.1%
Debt to equity	0.69×	0.78×	0.87×	0.98×	1.58×	▲ 62%
Interest coverage	1.87×	1.28×	-1.47×	0.15×	-1.50×	▼ >999%

PENN price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

Sanrio Company, Ltd.8136.T96/ 100

Track & Field Co S.A.TFCO4.SA92/ 100

Pop Mart International Group Limited9992.HK91/ 100

Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.39 vs a peer median of 0.63), less short-term liquidity (current ratio 0.89 vs a peer median of 1.48) and more debt relative to equity (1.51× vs a peer median of 0.46×)higher risk: bigger price swings (beta 1.39 vs peers 0.63), less liquidity (current ratio 0.89 vs peers 1.48) and more debt vs equity (1.51× vs peers 0.46×)

Ranks #1,448 of 1,502 consumer cyclical companies (bottom 4%)

See how it ranks against its peers

Worth knowing

Investment surge. Capital spending 9.3% of revenue, up from 4.1% in 2022.

PENN Entertainment is spending 9.3% of revenue on facilities and equipment, up from 4.1% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.

Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $33M profit in the quarter to June 2026.

PENN Entertainment reported a net loss over the last twelve months, but its most recent quarter was profitable ($33M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.

More volatile share price. Beta 1.39: tends to move more than the market.

PENN Entertainment's shares have swung more with the market than most peers' (beta 1.39, above the market's 1.0).

Questions investors ask about PENN Entertainment

Is PENN Entertainment getting weaker?

Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is unchanged at 16/100 since Oct 28, 2026.

How is PENN Entertainment valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 10/100 against 1,612 consumer cyclical peers. Earnings yield -39.6% vs a peer median of 4.4% (weaker than 100% of peers).Earnings yield -39.6% vs peers 4.4% (weaker than 100% of peers).

Is PENN Entertainment growing?

More slowly than most of its peers. Growth scores 38/100 against 1,612 consumer cyclical peers. Revenue growth 6.1% vs a peer median of 3.7% (stronger than 61% of peers).Revenue growth 6.1% vs peers 3.7% (stronger than 61% of peers).

How profitable is PENN Entertainment?

Less profitable than most of its peers. Profitability scores 4/100 against 1,612 consumer cyclical peers. Return on assets -6.4% vs a peer median of 3.3% (weaker than 100% of peers).Return on assets -6.4% vs peers 3.3% (weaker than 100% of peers).

How risky is PENN Entertainment?

Higher risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Beta 1.39 vs a peer median of 0.63 (weaker than 89% of peers).Beta 1.39 vs peers 0.63 (weaker than 89% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

7.1B USD

7.2B USD

+1.3%

Net income (12 months)

−957.2M USD

−906.7M USD

−5.3%

Operating margin

-8.8%

-7.9%

+0.9 pts

Debt

2.9B USD

2.8B USD

−4.6%

Cash

708.0M USD

887.2M USD

+25.3%

Shares outstanding

133.8M

134.1M

+0.2%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Operating margin

17.9%

15.2%

-10.8%

1.1%

-9.7%

▼ 11 pts

Net margin

7.1%

3.5%

-7.7%

-4.7%

-12.1%

▼ 7.4 pts

Return on assets (ROA)

2.5%

1.3%

-3.1%

-2.0%

-5.9%

▼ 3.9 pts

Return on equity (ROE)

10.3%

6.2%

-15.3%

-10.9%

-46.0%

▼ 35 pts

Free cash flow margin

11.0%

9.6%

1.5%

-1.9%

-2.0%

▼ 0.1 pts

Current ratio

1.96×

1.74×

1.11×

0.82×

0.79×

▼ 3.1%

Debt to equity

0.69×

0.78×

0.87×

0.98×

1.58×

▲ 62%

Interest coverage

1.87×

1.28×

-1.47×

0.15×

-1.50×

▼ >999%