PENN Entertainment (PENN) Goodwill & Intangibles (2009 - 2026)
PENN Entertainment's Goodwill & Intangibles was $3.16 billion in Q2 2026, down 24.1% from $4.16 billion a year earlier and down 0.7% from the prior quarter.
PENN Entertainment (PENN) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Goodwill & Intangibles at PENN Entertainment came in at $3.19 billion, down 22.0% from FY2024.
- Goodwill & Intangibles has now declined for four consecutive years, though with a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- In earlier years, Goodwill & Intangibles was $4.09 billion in FY2024 (-5.1%), $4.31 billion in FY2023 (-2.6%), $4.43 billion in FY2022 (-5.7%) and $4.7 billion in FY2021 (+75.8%).
- The Q2 2026 figure marks the lowest quarterly Goodwill & Intangibles since Q3 2021.
- Compared with a year earlier, Goodwill & Intangibles has declined for 12 straight quarters, with an average decline of 13.3% over the last eight quarters.
- The best year-over-year quarter for Goodwill & Intangibles over five years was Q1 2022 (growth of 76.5%); the worst was Q2 2026 (a decline of 24.1%).
- Per Business Quant data, PENN's Goodwill & Intangibles in the three quarters before Q2 2026 was $3.18 billion (Q1 2026), $3.19 billion (Q4 2025) and $3.29 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 10 | PENN Entertainment | 1.98 Bn | -969.24 Mn | 690.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.16 Bn |
| Mar 31, 2026 | 3.18 Bn |
| Dec 31, 2025 | 3.19 Bn |
| Sep 30, 2025 | 3.29 Bn |
| Jun 30, 2025 | 4.16 Bn |
| Mar 31, 2025 | 4.09 Bn |
| Dec 31, 2024 | 4.09 Bn |
| Sep 30, 2024 | 4.29 Bn |
| Jun 30, 2024 | 4.25 Bn |
| Mar 31, 2024 | 4.27 Bn |
| Dec 31, 2023 | 4.31 Bn |
| Sep 30, 2023 | 4.41 Bn |
| Jun 30, 2023 | 5.18 Bn |
| Mar 31, 2023 | 5.15 Bn |
| Dec 31, 2022 | 4.43 Bn |
| Sep 30, 2022 | 4.42 Bn |
| Jun 30, 2022 | 4.64 Bn |
| Mar 31, 2022 | 4.71 Bn |
| Dec 31, 2021 | 4.70 Bn |
| Sep 30, 2021 | 2.73 Bn |
PENN Entertainment Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=PENN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=PENN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();