PENN Entertainment (PENN) Operating Leases (2019 - 2026)
PENN Entertainment (PENN) posted Operating Leases of $3.5 billion for Q1 2026, down 2.77% sequentially from $3.6 billion in Q4 2025, and down 2.35% YoY from $3.6 billion in Q1 2025.
PENN Entertainment (PENN) Operating Leases (2019 - 2026) Analysis & Trends
PENN Entertainment has reported Operating Leases for 8 years, with the latest figure at $3.5 billion in Q1 2026.
- Quarterly Operating Leases fell 2.35% year-over-year to $3.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.5 billion (down 2.35% YoY) and the FY2025 annual result came in at $3.6 billion, down 1.69% from the prior year.
- Operating Leases declined to $3.5 billion in Q1 2026 per PENN's latest filing, from $3.6 billion in the prior quarter.
- Over five years, Operating Leases peaked at $6.1 billion in Q1 2023 and troughed at $7.0 million in Q4 2023.
- A 5-year average of $4.1 billion and a median of $3.8 billion in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2024: Operating Leases slumped 99.44% in 2022, then surged 52104.29% in 2024.
- Over 5 years, Operating Leases stood at $26.1 million in 2022, then tumbled by 73.18% to $7.0 million in 2023, then soared by 52104.29% to $3.7 billion in 2024, then fell by 1.69% to $3.6 billion in 2025, then dropped by 2.77% to $3.5 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $3.5 billion, $3.6 billion, and $3.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.73 Bn | 27.35 Bn | 1.81 Bn |
| 2 | MGM Resorts International | 11.04 Bn | 8.50 Bn | 3.10 Bn |
| 3 | Wynn Resorts | 10.35 Bn | 8.77 Bn | 1.14 Bn |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn |
| 5 | Caesars Entertainment | 6.06 Bn | 5.00 Bn | 2.04 Bn |
| 6 | Vail Resorts | 5.45 Bn | 5.08 Bn | - |
| 7 | Marriott Vacations Worldwide | 3.89 Bn | 3.59 Bn | 1.29 Bn |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn |
| 9 | Red Rock Resorts | 3.52 Bn | 2.92 Bn | 420.02 Mn |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.90 Bn |
| Mar 31, 2026 | 3.49 Bn |
| Dec 31, 2025 | 3.59 Bn |
| Sep 30, 2025 | 3.53 Bn |
| Jun 30, 2025 | 3.50 Bn |
| Mar 31, 2025 | 3.58 Bn |
| Dec 31, 2024 | 3.65 Bn |
| Sep 30, 2024 | 4.03 Bn |
| Jun 30, 2024 | 3.79 Bn |
| Mar 31, 2024 | 3.87 Bn |
| Dec 31, 2023 | 7.00 Mn |
| Sep 30, 2023 | 5.97 Bn |
| Jun 30, 2023 | 6.07 Bn |
| Mar 31, 2023 | 6.10 Bn |
| Dec 31, 2022 | 26.10 Mn |
| Sep 30, 2022 | 5.89 Bn |
| Jun 30, 2022 | 5.94 Bn |
| Mar 31, 2022 | 5.94 Bn |
| Dec 31, 2021 | 4.63 Bn |
| Sep 30, 2021 | 4.60 Bn |