PENN Entertainment (PENN) Change in Intangibles (2018 - 2025)
PENN Entertainment's (PENN) quarterly Change in Intangibles came in at $8.4 million in Q4 2025, down 1.18% year-on-year from $8.5 million in Q4 2024, and down 8.7% quarter-over-quarter from $9.2 million in Q3 2025.
PENN Entertainment (PENN) Change in Intangibles (2018 - 2025) Analysis & Trends
PENN Entertainment has disclosed Change in Intangibles across 8 years of filings, most recently posting $8.4 million for Q4 2025.
- Change in Intangibles for Q4 2025 came in at $8.4 million, down 1.18% year-over-year; the trailing twelve-month figure through Dec 2025 was $58.3 million (up 14.54% YoY), and the FY2025 annual result was $37.7 million, down 34.89% from the prior year.
- Change in Intangibles came in at $8.4 million for Q4 2025 at PENN Entertainment, down from $9.2 million in the prior quarter.
- In the past five years, Change in Intangibles ranged from a high of $32.2 million in Q3 2024 to a low of $1.9 million in Q3 2021.
- The 5-year median for Change in Intangibles is $5.1 million (2022), against an average of $8.1 million.
- Across the five-year window, Change in Intangibles jumped 496.3% in 2024 and tumbled 71.43% in 2025, its largest moves.
- PENN Entertainment's Change in Intangibles stood at $3.6 million in 2021, then soared by 36.11% to $4.9 million in 2022, then dropped by 2.04% to $4.8 million in 2023, then surged by 77.08% to $8.5 million in 2024, then declined by 1.18% to $8.4 million in 2025.
- The last three Change in Intangibles figures came in at $8.4 million (Q4 2025), $9.2 million (Q3 2025), and $8.5 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | - |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | - |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | - |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | - |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | - |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | - |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | - |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.40 Mn |
| Dec 31, 2025 | 8.40 Mn |
| Sep 30, 2025 | 9.20 Mn |
| Sep 30, 2025 | 9.20 Mn |
| Dec 31, 2024 | 8.50 Mn |
| Dec 31, 2024 | 8.50 Mn |
| Sep 30, 2024 | 32.20 Mn |
| Sep 30, 2024 | 32.20 Mn |
| Dec 31, 2023 | 4.80 Mn |
| Dec 31, 2023 | 4.80 Mn |
| Sep 30, 2023 | 5.40 Mn |
| Sep 30, 2023 | 5.40 Mn |
| Dec 31, 2022 | 4.90 Mn |
| Dec 31, 2022 | 4.90 Mn |
| Sep 30, 2022 | 2.20 Mn |
| Sep 30, 2022 | 2.20 Mn |
| Dec 31, 2021 | 3.60 Mn |
| Dec 31, 2021 | 3.60 Mn |
| Sep 30, 2021 | 1.90 Mn |
| Sep 30, 2021 | 1.90 Mn |