PENN Entertainment (PENN) Operating Leases (2019 - 2026)
PENN Entertainment's (PENN) quarterly Operating Leases came in at $3.9 billion in Q1 2026, down 0.56% year-on-year from $3.9 billion in Q1 2025, and up 8.21% quarter-over-quarter from $3.6 billion in Q4 2025.
PENN Entertainment (PENN) Operating Leases (2019 - 2026) Analysis & Trends
PENN Entertainment has disclosed Operating Leases across 8 years of filings, most recently posting $3.9 billion for Q1 2026.
- Operating Leases for Q1 2026 came in at $3.9 billion, down 0.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.9 billion (down 0.56% YoY), and the FY2025 annual result was $3.6 billion, down 1.69% from the prior year.
- Operating Leases came in at $3.9 billion for Q1 2026 at PENN Entertainment, up 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.
- The 5-year median for Operating Leases is $3.9 billion (2024), against an average of $4.1 billion.
- Across the five-year window, Operating Leases slumped 99.44% in 2022 and soared 52104.29% in 2024, its largest moves.
- PENN Entertainment's Operating Leases stood at $26.1 million in 2022, then tumbled by 73.18% to $7.0 million in 2023, then jumped by 52104.29% to $3.7 billion in 2024, then dropped by 1.69% to $3.6 billion in 2025, then increased by 8.21% to $3.9 billion in 2026.
- The last three Operating Leases figures came in at $3.9 billion (Q1 2026), $3.6 billion (Q4 2025), and $3.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.89 Bn |
| Dec 31, 2025 | 3.59 Bn |
| Sep 30, 2025 | 3.53 Bn |
| Jun 30, 2025 | 3.50 Bn |
| Mar 31, 2025 | 3.91 Bn |
| Dec 31, 2024 | 3.65 Bn |
| Sep 30, 2024 | 3.71 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 |