PENN Entertainment (PENN) Tax Rate (2009 - 2026)
PENN Entertainment (PENN) reported Tax Rate of 17.88% for Q2 2026, up 71.67 percentage points from -53.78% a year earlier but down 129.57 percentage points from the prior quarter.
PENN Entertainment (PENN) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, PENN Entertainment's Tax Rate came in at 1.49%, up 117.23 percentage points year-over-year; for FY2025, it came in at -3.00%, down 11.20 percentage points from FY2024.
- Tax Rate has a five-year change of -22.79 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 8.20% in FY2024 (+6.56 pp), 1.64% in FY2023 (+28.11 pp), -26.47% in FY2022 (-48.47 pp) and 22.00% in FY2021 (+2.21 pp).
- Five-year quarterly Tax Rate spans a low of -53.78% in Q2 2025 and a high of 309.52% in Q3 2022.
- Year over year, Tax Rate has now increased in each of the last four quarters, with an average year-over-year change of +18.27 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q3 2022 (a gain of 279.81 percentage points); the low point was Q3 2023 (a drop of 291.29 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 147.46% (Q1 2026), 32.16% (Q4 2025) and -0.62% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 19.09% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | - |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | - |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 15.96% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 24.66% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 8.15% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 21.94% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | - |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | - |
| 10 | PENN Entertainment | 1.96 Bn | -985.32 Mn | 690.50 Mn | 17.88% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.88% |
| Mar 31, 2026 | 147.46% |
| Mar 31, 2025 | 29.96% |
| Jun 30, 2023 | 30.76% |
| Mar 31, 2023 | 24.61% |
| Dec 31, 2022 | 60.38% |
| Jun 30, 2022 | 68.33% |
| Mar 31, 2022 | 47.98% |
| Dec 31, 2021 | 15.95% |
| Sep 30, 2021 | 29.71% |
| Jun 30, 2021 | 21.09% |
| Mar 31, 2021 | 18.48% |
| Dec 31, 2020 | 35.86% |
| Sep 30, 2019 | 30.96% |
| Jun 30, 2019 | 26.47% |
| Mar 31, 2019 | 26.52% |
| Sep 30, 2018 | 20.13% |
| Jun 30, 2018 | 22.02% |
| Mar 31, 2018 | 25.67% |
| Jun 30, 2017 | 26.71% |
PENN Entertainment Tax Rate 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=tax-rate&ticker=PENN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PENN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();