PENN Entertainment (PENN) Return on Invested Capital [ROIC] (2010 - 2026)
PENN Entertainment's Return on Invested Capital [ROIC] came in at -11.87% for Q2 2026, down 14.33 percentage points from 2.46% a year earlier but up 1.02 percentage points from the prior quarter.
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Analysis
PENN Entertainment (PENN) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, PENN Entertainment's Return on Invested Capital [ROIC] was -13.02%, down 14.16 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -5.87 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 1.15% in FY2024 (+12.15 pp), -11.00% in FY2023 (-25.75 pp), 14.75% in FY2022 (+0.74 pp) and 14.01% in FY2021 (+21.15 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -15.09% (Q2 2024) to 15.25% (Q4 2022).
- Year-over-year, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -1.34 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2021 (a gain of 21.81 percentage points), and the weakest in Q4 2023 (a drop of 26.36 percentage points).
- Business Quant data shows PENN's Return on Invested Capital [ROIC] at -12.89% (Q1 2026), -14.16% (Q4 2025) and -13.32% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 26.06 Bn | 12.66 Bn | 1.47 Bn | 14.92% |
| 2 | Flutter Entertainment | 14.35 Bn | 7.74 Bn | 1.52 Bn | -4.82% |
| 3 | Life Time Group Holdings | 10.48 Bn | 9.65 Bn | 419.01 Mn | 8.63% |
| 4 | DraftKings | 9.19 Bn | 4.85 Bn | 551.45 Mn | -15.70% |
| 5 | Wynn Resorts | 8.47 Bn | 2.61 Bn | 655.12 Mn | 9.51% |
| 6 | MGM Resorts International | 8.13 Bn | -1.17 Bn | 1.73 Bn | 13.52% |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | - |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 9.62% |
| 9 | Churchill Downs | 6.86 Bn | 6.09 Bn | 207.00 Mn | 9.02% |
| 10 | PENN Entertainment | 2.34 Bn | -988.04 Mn | 679.50 Mn | 2.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.83% |
| Jun 30, 2026 | -11.87% |
| Mar 31, 2026 | -12.89% |
| Dec 31, 2025 | -14.16% |
| Sep 30, 2025 | -13.32% |
| Jun 30, 2025 | 2.46% |
| Mar 31, 2025 | 2.44% |
| Dec 31, 2024 | 1.16% |
| Sep 30, 2024 | -2.89% |
| Jun 30, 2024 | -15.09% |
| Mar 31, 2024 | -13.21% |
| Dec 31, 2023 | -11.11% |
| Sep 30, 2023 | -2.10% |
| Jun 30, 2023 | 10.50% |
| Mar 31, 2023 | 11.93% |
| Dec 31, 2022 | 15.25% |
| Sep 30, 2022 | 14.78% |
| Jun 30, 2022 | 9.30% |
| Mar 31, 2022 | 12.10% |
| Dec 31, 2021 | 13.06% |
API Access
PENN Entertainment Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PENN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "PENN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PENN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();