Cash Flow Statement
Growth Metrics

PENN Entertainment (PENN) Operating Margin (2016 - 2026)

PENN Entertainment's Operating Margin history spans 18 years, with the latest figure at 5.46% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 290.0% to 5.46% in Q1 2026 year-over-year; TTM through Mar 2026 was 8.76%, a 1082.0% decrease, with the full-year FY2025 number at 9.68%, down 1078.0% from a year prior.
  • Operating Margin hit 5.46% in Q1 2026 for PENN Entertainment, up from 0.97% in the prior quarter.
  • Over the last five years, Operating Margin for PENN hit a ceiling of 18.67% in Q1 2022 and a floor of 48.56% in Q3 2023.
  • Historically, Operating Margin has averaged 0.88% across 5 years, with a median of 4.39% in 2025.
  • Biggest five-year swings in Operating Margin: plummeted -5697bps in 2023 and later surged 5268bps in 2024.
  • Tracing PENN's Operating Margin over 5 years: stood at 15.32% in 2022, then plummeted by -244bps to 22.1% in 2023, then soared by 87bps to 2.88% in 2024, then skyrocketed by 66bps to 0.97% in 2025, then surged by 663bps to 5.46% in 2026.
  • Business Quant data shows Operating Margin for PENN at 5.46% in Q1 2026, 0.97% in Q4 2025, and 45.21% in Q3 2025.