Cash Flow Statement
Growth Metrics

PENN Entertainment (PENN) Gross Margin (2017 - 2025)

PENN Entertainment (PENN) has disclosed Gross Margin for 15 consecutive years, with 44.8% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 29649.0% to 44.8% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 50.49% through Dec 2025, down 6828.0% year-over-year, with the annual reading at 50.49% for FY2025, 4883.0% down from the prior year.
  • Gross Margin hit 44.8% in Q4 2025 for PENN Entertainment, down from 83.45% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 251.69% in Q4 2024 to a low of 44.8% in Q4 2025.
  • Historically, Gross Margin has averaged 89.72% across 5 years, with a median of 84.26% in 2024.
  • Biggest five-year swings in Gross Margin: skyrocketed 14452bps in 2022 and later tumbled -29649bps in 2025.
  • Year by year, Gross Margin stood at 88.84% in 2021, then skyrocketed by 163bps to 233.36% in 2022, then crashed by -35bps to 152.19% in 2023, then soared by 65bps to 251.69% in 2024, then crashed by -118bps to 44.8% in 2025.
  • Business Quant data shows Gross Margin for PENN at 44.8% in Q4 2025, 83.45% in Q3 2025, and 84.02% in Q2 2025.