PENN Entertainment (PENN) Net Margin (2009 - 2026)
PENN Entertainment (PENN) recorded Net Margin of 1.78% in Q2 2026, up 2.77 percentage points from -0.99% a year earlier and up 1.91 percentage points from the prior quarter.
PENN Entertainment (PENN) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, PENN Entertainment's Net Margin came in at -12.66% as of Jun 30, 2026, down 11.54 percentage points year-over-year; for FY2025, it was -12.11%, down 7.38 percentage points from FY2024.
- Annual Net Margin has a five-year change of +6.60 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -4.74% in FY2024 (+2.97 pp), -7.70% in FY2023 (-11.17 pp), 3.47% in FY2022 (-3.66 pp) and 7.13% in FY2021 (+25.83 pp).
- The Q2 2026 figure is the highest quarterly Net Margin since Q1 2025.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +3.30 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 42.52 percentage points in Q3 2024, against a drop of 52.36 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.13% (Q1 2026), -4.04% (Q4 2025) and -50.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 10.97% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | -4.68% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | -6.33% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 10.15% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 11.70% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 7.54% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 6.57% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | -2.07% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 17.54% |
| 10 | PENN Entertainment | 1.96 Bn | -985.32 Mn | 690.50 Mn | 1.78% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.78% |
| Mar 31, 2026 | -0.13% |
| Dec 31, 2025 | -4.04% |
| Sep 30, 2025 | -50.35% |
| Jun 30, 2025 | -0.99% |
| Mar 31, 2025 | 6.68% |
| Dec 31, 2024 | -7.99% |
| Sep 30, 2024 | -2.24% |
| Jun 30, 2024 | -1.61% |
| Mar 31, 2024 | -7.14% |
| Dec 31, 2023 | -25.66% |
| Sep 30, 2023 | -44.76% |
| Jun 30, 2023 | 4.68% |
| Mar 31, 2023 | 30.75% |
| Dec 31, 2022 | 1.31% |
| Sep 30, 2022 | 7.60% |
| Jun 30, 2022 | 1.60% |
| Mar 31, 2022 | 3.31% |
| Dec 31, 2021 | 2.86% |
| Sep 30, 2021 | 5.70% |
PENN Entertainment Net 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=net-margin&ticker=PENN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=PENN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();