PENN Entertainment (PENN) Operating Leases (2019 - 2026)

PENN Entertainment (PENN) reported Operating Leases of $3.5 billion for Q1 2026, down 2.35% on a YoY basis from $3.6 billion in Q1 2025, and down 2.77% sequentially from $3.6 billion in Q4 2025.

PENN Entertainment (PENN) Operating Leases (2019 - 2026) Analysis & Trends

PENN Entertainment (PENN) has 8 years of Operating Leases data on file, last reported at $3.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 2.35% year-over-year to $3.5 billion; the trailing twelve-month figure through Mar 2026 stood at $3.5 billion (down 2.35% YoY), and the FY2025 full-year result was $3.6 billion, down 1.69% from the prior year.
  • Operating Leases declined to $3.5 billion in Q1 2026, from $3.6 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $6.1 billion in Q1 2023 to a low of $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.
  • Across the five-year window, Operating Leases plunged 99.44% in 2022 and soared 52104.29% in 2024, its largest moves.
  • Tracing PENN's Operating Leases over 5 years: stood at $26.1 million in 2022, then plunged by 73.18% to $7.0 million in 2023, then soared by 52104.29% to $3.7 billion in 2024, then slipped by 1.69% to $3.6 billion in 2025, then retreated by 2.77% to $3.5 billion in 2026.
  • Business Quant data shows PENN's Operating Leases at $3.5 billion in Q1 2026, $3.6 billion in Q4 2025, and $3.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn
7 Vail Resorts 5.23 Bn 5.21 Bn -
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn
10 PENN Entertainment 2.74 Bn 2.03 Bn 1.45 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 4.53 Bn