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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

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

PENN Entertainment's Gross Margin history spans 15 years, with the latest figure at 51.8% for Q4 2025.

  • For Q4 2025, Gross Margin fell 3200.0% year-over-year to 51.8%; the TTM value through Dec 2025 reached 50.49%, down 2569.0%, while the annual FY2025 figure was 50.49%, 3453.0% down from the prior year.
  • Gross Margin for Q4 2025 was 51.8% at PENN Entertainment, up from 18.15% in the prior quarter.
  • Across five years, Gross Margin topped out at 175.92% in Q4 2021 and bottomed at 45.47% in Q4 2022.
  • The 5-year median for Gross Margin is 71.39% (2023), against an average of 69.22%.
  • The largest annual shift saw Gross Margin skyrocketed 19956bps in 2021 before it plummeted -22138bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 175.92% in 2021, then tumbled by -126bps to 45.47% in 2022, then surged by 282bps to 82.95% in 2023, then grew by 1bps to 83.8% in 2024, then crashed by -38bps to 51.8% in 2025.
  • Per Business Quant, the three most recent readings for PENN's Gross Margin are 51.8% (Q4 2025), 18.15% (Q3 2025), and 84.02% (Q2 2025).