PENN Entertainment (PENN) Debt to Equity (2009 - 2026)

PENN Entertainment's (PENN) quarterly Debt to Equity came in at $1.61 in Q1 2026, up 81.81% year-on-year from $0.88 in Q1 2025, and up 1.61% quarter-over-quarter from $1.58 in Q4 2025.

PENN Entertainment (PENN) Debt to Equity (2009 - 2026) Analysis & Trends

PENN Entertainment has disclosed Debt to Equity across 18 years of filings, most recently posting $1.61 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $1.61, up 81.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.61 (up 81.81% YoY), and the FY2025 annual result was $1.58, up 62.98% from the prior year.
  • Debt to Equity came in at $1.61 for Q1 2026 at PENN Entertainment, up from $1.58 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.61 in Q1 2026 to a low of $0.66 in Q2 2023.
  • The 5-year median for Debt to Equity is $0.88 (2025), against an average of $0.95.
  • Across the five-year window, Debt to Equity slipped 18.0% in 2022 and jumped 81.81% in 2026, its largest moves.
  • PENN Entertainment's Debt to Equity stood at $0.77 in 2022, then grew by 11.93% to $0.86 in 2023, then increased by 12.14% to $0.97 in 2024, then soared by 62.98% to $1.58 in 2025, then gained by 1.61% to $1.61 in 2026.
  • The last three Debt to Equity figures came in at $1.61 (Q1 2026), $1.58 (Q4 2025), and $1.45 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn -49.69
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 0.90
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 3.28
5 Vail Resorts 4.85 Bn 4.81 Bn - 4.55
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 24.86
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 1.16
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 1.61
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.61
Dec 31, 2025 1.58
Sep 30, 2025 1.45
Jun 30, 2025 0.94
Mar 31, 2025 0.88
Dec 31, 2024 0.97
Sep 30, 2024 0.90
Jun 30, 2024 0.90
Mar 31, 2024 0.90
Dec 31, 2023 0.86
Sep 30, 2023 0.80
Jun 30, 2023 0.66
Mar 31, 2023 0.67
Dec 31, 2022 0.77
Sep 30, 2022 0.77
Jun 30, 2022 0.74
Mar 31, 2022 0.71
Dec 31, 2021 0.67
Sep 30, 2021 0.90
Jun 30, 2021 0.80