PENN Entertainment (PENN) Intangibles (2009 - 2026)
PENN Entertainment (PENN) reported Intangibles of $1.4 billion for Q1 2026, down 8.24% on a YoY basis from $1.5 billion in Q1 2025, and little changed sequentially from $1.4 billion in Q4 2025.
PENN Entertainment (PENN) Intangibles (2009 - 2026) Analysis & Trends
PENN Entertainment (PENN) has 18 years of Intangibles data on file, last reported at $1.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Intangibles fell 8.24% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (down 8.24% YoY), and the FY2025 full-year result was $1.4 billion, down 8.18% from the prior year.
- Intangibles was little changed at $1.4 billion in Q1 2026, from $1.4 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $2.2 billion in Q1 2023 to a low of $7.0 million in Q2 2025.
- A 5-year average of $1.6 billion and a median of $1.6 billion in 2023 frame the typical range for Intangibles.
- Across the five-year window, Intangibles grew 23.3% in 2022 and tumbled 99.56% in 2025, its largest moves.
- Tracing PENN's Intangibles over 5 years: stood at $1.7 billion in 2022, then decreased by 6.94% to $1.6 billion in 2023, then slipped by 5.46% to $1.5 billion in 2024, then declined by 8.18% to $1.4 billion in 2025, then slipped by 0.47% to $1.4 billion in 2026.
- Business Quant data shows PENN's Intangibles at $1.4 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | - |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 1.31 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 215.77 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 99.68 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 259.78 Mn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 3.94 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 299.51 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 1.63 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 79.71 Mn |
| 10 | PENN Entertainment | 2.74 Bn | 2.03 Bn | 1.45 Bn | 1.40 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.40 Bn |
| Dec 31, 2025 | 1.40 Bn |
| Sep 30, 2025 | 1.51 Bn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 1.52 Bn |
| Dec 31, 2024 | 1.53 Bn |
| Sep 30, 2024 | 1.62 Bn |
| Jun 30, 2024 | 1.61 Bn |
| Mar 31, 2024 | 1.61 Bn |
| Dec 31, 2023 | 1.62 Bn |
| Sep 30, 2023 | 1.72 Bn |
| Jun 30, 2023 | 2.22 Bn |
| Mar 31, 2023 | 2.23 Bn |
| Dec 31, 2022 | 1.74 Bn |
| Sep 30, 2022 | 1.75 Bn |
| Jun 30, 2022 | 1.84 Bn |
| Mar 31, 2022 | 1.86 Bn |
| Dec 31, 2021 | 1.87 Bn |
| Sep 30, 2021 | 1.55 Bn |
| Jun 30, 2021 | 1.53 Bn |