PENN Entertainment (PENN) Operating Margin (2009 - 2026)
PENN Entertainment (PENN) reported Operating Margin of 5.46% for Q1 2026, up 290.0% on a YoY basis from 1.4% in Q1 2025, and up 663.31% sequentially from 0.97% in Q4 2025.
PENN Entertainment (PENN) Operating Margin (2009 - 2026) Analysis & Trends
PENN Entertainment (PENN) has 18 years of Operating Margin data on file, last reported at 5.46% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 290.0% year-over-year to 5.46%; the trailing twelve-month figure through Mar 2026 stood at 8.76% (down 1082.0% YoY), and the FY2025 full-year result was 9.68%, down 1078.0% from the prior year.
- Operating Margin rose to 5.46% in Q1 2026, from 0.97% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 18.67% in Q1 2022 to a low of 48.56% in Q3 2023.
- A 5-year average of 0.88% and a median of 4.39% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 5697 bps in 2023 and soared 5268 bps in 2024, its largest moves.
- Tracing PENN's Operating Margin over 5 years: stood at 15.32% in 2022, then sank by 244 bps to 22.1% in 2023, then jumped by 87 bps to 2.88% in 2024, then surged by 66 bps to 0.97% in 2025, then soared by 663 bps to 5.46% in 2026.
- Business Quant data shows PENN's Operating Margin at 5.46% in Q1 2026, 0.97% in Q4 2025, and 45.21% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 25.22% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 6.76% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 15.22% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 16.44% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 17.42% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 41.00% |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 6.54% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 28.32% |
| 10 | PENN Entertainment | 2.74 Bn | 2.03 Bn | 1.45 Bn | 5.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.46% |
| Dec 31, 2025 | -0.97% |
| Sep 30, 2025 | -45.21% |
| Jun 30, 2025 | 4.39% |
| Mar 31, 2025 | 2.56% |
| Dec 31, 2024 | -2.88% |
| Sep 30, 2024 | 4.12% |
| Jun 30, 2024 | 4.48% |
| Mar 31, 2024 | -1.33% |
| Dec 31, 2023 | -22.10% |
| Sep 30, 2023 | -48.56% |
| Jun 30, 2023 | 12.27% |
| Mar 31, 2023 | 11.90% |
| Dec 31, 2022 | 15.32% |
| Sep 30, 2022 | 8.41% |
| Jun 30, 2022 | 18.59% |
| Mar 31, 2022 | 18.67% |
| Dec 31, 2021 | 14.38% |
| Sep 30, 2021 | 15.82% |
| Jun 30, 2021 | 24.45% |