PENN Entertainment (PENN) EBITDA Margin (2009 - 2026)
PENN Entertainment (PENN) reported EBITDA Margin of 13.43% for Q2 2026, up 2.78 percentage points from 10.65% a year earlier and up 1.40 percentage points from the prior quarter.
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Analysis
PENN Entertainment (PENN) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, PENN Entertainment's EBITDA Margin came in at -1.42%, down 9.93 percentage points year-over-year; for FY2025, it was -3.26%, down 10.95 percentage points from FY2024.
- EBITDA Margin has a five-year change of -2.04 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 7.69% in FY2024 (+11.70 pp), -4.01% in FY2023 (-28.09 pp), 24.08% in FY2022 (+0.30 pp) and 23.78% in FY2021 (+24.99 pp).
- The Q2 2026 figure ranks as the highest quarterly EBITDA Margin since Q2 2023.
- Year over year, EBITDA Margin has now increased in each of the last three quarters, with an average year-over-year change of +3.99 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q3 2024 (a gain of 52.78 percentage points); the low point was Q3 2023 (a drop of 59.59 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.03% (Q1 2026), 5.35% (Q4 2025) and -38.56% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 31.36% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 0.84% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 5.89% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 11.82% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 26.91% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 24.93% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 17.66% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 29.00% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 19.44% |
| 10 | PENN Entertainment | 1.96 Bn | -985.32 Mn | 690.50 Mn | 13.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.43% |
| Mar 31, 2026 | 12.03% |
| Dec 31, 2025 | 5.35% |
| Sep 30, 2025 | -38.56% |
| Jun 30, 2025 | 10.65% |
| Mar 31, 2025 | 9.02% |
| Dec 31, 2024 | 3.54% |
| Sep 30, 2024 | 10.75% |
| Jun 30, 2024 | 11.04% |
| Mar 31, 2024 | 5.43% |
| Dec 31, 2023 | -14.13% |
| Sep 30, 2023 | -42.03% |
| Jun 30, 2023 | 18.87% |
| Mar 31, 2023 | 18.32% |
| Dec 31, 2022 | 24.80% |
| Sep 30, 2022 | 17.56% |
| Jun 30, 2022 | 27.83% |
| Mar 31, 2022 | 26.22% |
| Dec 31, 2021 | 20.59% |
| Sep 30, 2021 | 21.35% |
API Access
PENN Entertainment EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=PENN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "PENN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=PENN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();