PENN vs CNTY vs LAWIL Stock Comparison

PENN Entertainment, Century Casinos and Light & Wonder Prices as of Oct 29, 2026 Peers: Industry group
LAWIL Light & Wonder, Inc.
$92.45 +10.1% 1M
Market cap
$7.12B
P/E
26.4x
Revenue (TTM)
$3.35B
Div. yield
–
Casinos Consumer Discretionary
5 wins

Head to Head

10 decided of 12

Light & Wonder leads on 5 of the 12 questions below (Light & Wonder 5, PENN Entertainment 4, Century Casinos 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPENNCNTYLAWILLeader
Larger companyMarket capitalisation $2.10B $14.10M $7.12B LAWIL
Cheaper on earningsLower P/E, profitable companies only -2.3x -0.3x 26.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.2x — 12.5x LAWIL
Faster revenue growthRevenue growth, trailing twelve months +6.1% — +4.8% PENN
More profitableNet margin, trailing twelve months -12.7% — 8.1% LAWIL
Better return on capitalReturn on invested capital -11.9% -22.5% 9.5% LAWIL
Less leveragedLower net debt / EBITDA -18.9x 36.3x 4.5x PENN
Higher dividend yieldTrailing dividend yield 0.00% 0.00% — –
Better 1-year returnPrice return, last 12 months -7.7% -69.0% — PENN
Better 5-year returnAnnualised price return, 5 years -26.5%/yr -46.8%/yr — PENN
Less volatileAnnualised volatility, 1 year 52.2% 51.5% — CNTY
Higher overall scoreMean of the five percentile scores vs peers 49/100 41/100 63/100 LAWIL

Percentile Scorecard

PENNCNTYLAWIL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPENNCNTYLAWIL
Valuation 61 #18 of 45 14 #39 of 45 48 #24 of 45
Growth 19 #35 of 43 43 #25 of 43 64 #16 of 43
Profitability 27 #31 of 42 15 #36 of 42 88 #6 of 42
Financial Health 47 #26 of 48 36 #31 of 48 34 #32 of 48
Shareholder Returns 89 #4 of 28 96 #2 of 28 82 #6 of 28
Overall 49 41 63
  • PENN ranked among 48 companies in Gaming and Leisure
  • CNTY ranked among 48 companies in Gaming and Leisure
  • LAWIL ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPENNCNTYLAWILSPY
1 month +4.9%-41.1%+10.1% +0.7%
3 months -25.3%-46.6%+12.7% +3.7%
6 months -12.2%-56.3%-9.4% +7.1%
Year to date +3.9%-52.6%— +12.8%
1 year -7.7%-69.0%— +11.9%
3 years -21.6%-85.9%— +85.2%
3 years, per year -7.8%-47.9%— +22.8%
5 years -78.6%-95.7%— +67.6%
5 years, per year -26.5%-46.8%— +10.9%
10 years +17.5%-90.2%— +262.0%
10 years, per year +1.6%-20.7%— +13.7%

Risk

MeasurePENNCNTYLAWILSPY
Volatility, 1Y 52.2%51.5%— 12.7%
Downside volatility, 1Y 46.1%57.4%— 12.6%
Beta vs S&P 500, 1Y 1.031.01— 1.00
Return / volatility, 1Y -0.15-1.34— 0.94
Max drawdown, 5Y -84.3%-96.0%-19.6% -25.4%
From 52-week high -30.5%-69.0%-9.4% -1.2%
52-week high $22.06$2.03$102.00 $779.14
52-week low $11.76$0.63$82.00 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePENNCNTYLAWIL
P/E now vs peer median -2.3xmedian 17.4x -0.3xmedian 17.4x 26.4xmedian 17.4x
P/S now vs peer median 0.3xmedian 1.9x —median 1.9x 2.1xmedian 1.9x
EV/EBITDA now vs peer median -39.5xmedian 10.8x 38.7xmedian 10.8x 10.9xmedian 10.8x
P/FCF now vs peer median 21.4xmedian 11.7x -2.2xmedian 11.7x 12.8xmedian 11.7x
P/B now vs peer median 1.1xmedian 2.5x -0.1xmedian 2.5x 23.6xmedian 2.5x
PEG now vs peer median 0.04median 0.55 0.00median 0.55 -4.35median 0.55

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPENNCNTYLAWIL
Revenue $7.16B – $3.35B
Gross profit $2.47B – $2.49B
Operating income -$565.10M – $665.00M
Net income -$908.20M -$49.53M $271.00M
Free cash flow $96.10M -$7.94M $555.00M
R&D – – $250.00M
EPS (diluted) $-6.61 $-1.98 $3.45
Cash & equivalents $887.20M $60.18M $148.00M
Total debt $2.77B $1.32B $20.38B
Shares (diluted) 137.10M 28.20M 78.50M
Enterprise value -$840.80M -$252.66M $6.43B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPENNCNTYLAWIL
P/E -2.3x -0.3x 26.4x
P/FCF 21.4x -2.2x 12.8x
P/Operating cash flow 3.2x 2.4x 8.1x
P/S 0.3x – 2.1x
P/B 1.1x -0.1x 23.6x
P/Tangible book 4.4x -0.1x -16.8x
EV/EBITDA -39.5x 38.7x 10.9x
EV/EBIT -7.0x -6.1x 18.2x
EV/Revenue 0.6x – 3.6x
EV/FCF 41.0x -36.1x 21.8x
EV/Operating cash flow 6.1x 39.0x 13.7x
PEG (3Y EPS CAGR) 0.04 0.00 -4.35

Growth

14 metrics
MetricPENNCNTYLAWIL
Revenue growth (1Y) 6.1% – 4.8%
Revenue CAGR (3Y) 3.0% – 7.0%
Gross profit growth (1Y) 25.4% – 8.7%
Gross profit CAGR (3Y) -2.8% – 9.2%
Operating income growth (1Y) -504.5% – -4.9%
Operating income CAGR (3Y) -39.6% – 18.3%
Net income growth (1Y) -1,067% 60.1% -22.3%
Net income CAGR (3Y) -47.9% -135.1% -12.6%
EPS growth (1Y) -1,203% 53.9% -14.9%
EPS CAGR (3Y) -51.9% -140.9% -6.1%
Operating cash flow growth (1Y) 30.8% -37.9% 44.5%
Operating cash flow CAGR (3Y) -5.2% -39.0% 75.0%
Free cash flow growth (1Y) 168.6% 68.9% 67.7%
Free cash flow CAGR (3Y) -42.1% -28.6% 46.3%

Profitability

14 metrics
MetricPENNCNTYLAWIL
Gross margin 34.6% – 74.4%
EBITDA margin -1.4% – 33.0%
Operating margin -7.9% – 19.9%
Pretax margin -12.9% – 10.4%
Net margin -12.7% – 8.1%
FCF margin 1.3% – 16.6%
Operating cash flow margin 9.1% – 26.4%
Return on equity -49.3% – 88.4%
Return on assets -6.4% -4.4% 4.3%
Return on invested capital -11.9% -22.5% 9.5%
Return on capital employed -4.5% -4.5% 11.8%
Asset turnover 0.5x – 0.5x
Cash conversion (OCF / net income) -0.7x -0.1x 3.3x
Stock comp / revenue 0.8% – 3.8%

Financial Health

11 metrics
MetricPENNCNTYLAWIL
Debt / assets 19.7% 29.8% 80.6%
Debt / equity 1.5x -2.6x 17.0x
Net debt / EBITDA -18.9x 36.3x 4.5x
Debt / FCF 28.9x -41.4x 9.2x
Liabilities / assets 86.8% 111.4% 95.3%
Equity / assets 13.2% -11.4% 4.7%
Interest coverage – – –
Current ratio 0.9x 1.2x 1.7x
Quick ratio 0.8x 0.9x 1.1x
Cash ratio 0.6x 0.8x 0.2x
Altman Z-score 0.32 – 1.75

Shareholder Returns

7 metrics
MetricPENNCNTYLAWIL
Dividend yield – – –
Net buyback yield 11.6% 22.1% 10.9%
Shareholder yield 11.6% 22.1% 10.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPENNCNTYLAWIL
Forward P/E 18.2xFY2026 – 12.5xFY2026
EPS, next fiscal year $0.84FY2026 $-1.63FY2026 $7.40FY2026
EPS growth, next FY – – +10.6%FY2026
EPS growth, the year after +85.7% – +29.3%
Revenue, next fiscal year $7.14BFY2026 $569.46MFY2026 $3.61BFY2026
Revenue growth, next FY +2.6%FY2026 -0.6%FY2026 +8.9%FY2026
Revenue growth, the year after +1.8% +9.8% -5.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPENNCNTYLAWIL
Held by institutions 100.0% 51.7% –
Institutions holding 380 50 –
Change in shares held, QoQ +1.5% -5.4% –
Institutions buying 196 14 –
Institutions selling 109 12 –
Buyers to sellers 1.80 1.17 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PENNCNTYLAWIL
PENN 1.00 0.17 –
CNTY 0.17 1.00 –
LAWIL – – –

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PENN, CNTY and LAWIL?

Light & Wonder (LAWIL) is the largest by market capitalisation: PENN Entertainment (PENN) $2.10B, Century Casinos (CNTY) $14.10M, Light & Wonder (LAWIL) $7.12B.

Which company is growing faster?

PENN Entertainment (PENN) grew revenue fastest over the trailing twelve months: PENN Entertainment (PENN) +6.1%, Light & Wonder (LAWIL) +4.8%.

Which company is more profitable?

Light & Wonder (LAWIL) has the highest net margin (PENN Entertainment (PENN) -12.7%, Light & Wonder (LAWIL) 8.1%). On return on invested capital, Light & Wonder (LAWIL) leads (PENN Entertainment (PENN) -11.9%, Century Casinos (CNTY) -22.5%, Light & Wonder (LAWIL) 9.5%).

Which stock has performed better?

Over the past year PENN Entertainment (PENN) returned the most: PENN Entertainment (PENN) -7.7%, Century Casinos (CNTY) -69.0%. Over five years, PENN Entertainment (PENN) compounded fastest (PENN Entertainment (PENN) -26.5%/yr, Century Casinos (CNTY) -46.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Century Casinos (CNTY) has been the steadiest (PENN Entertainment (PENN) 52.2%, Century Casinos (CNTY) 51.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PENN, CNTY and LAWIL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Light & Wonder (LAWIL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.