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Companies / Consumer Discretionary / PENN Entertainment, Inc.
PENN

PENN Entertainment, Inc.

Ticker PENNWYOMISSING, PAFiscal year ends DecemberBook value per share $13.85Diluted shares 134.4M

PENN Entertainment, Inc. (Nasdaq: PENN) operates casinos, racetracks, retail sportsbooks and online gaming and sports media businesses across North America. Its retail properties offer slot machines, table games, sports betting, dining, hotels and racing, while its digital portfolio includes theScore Bet sportsbook,… From the company’s description.

In fiscal 2025, PENN Entertainment, Inc. reported revenue of $6.96B, up 5.8% from fiscal 2024, and a net loss of $845.30M. Its operating margin was −9.7%, and operations generated $508.20M in cash. Over the twelve months to Jun 30, 2026, revenue was $7.16B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$6.96BFY2025
+5.8% year over year
Last 12 mo $7.16B
-9.68%FY2025
−10.8 percentage points
Last 12 mo -7.89%
$-845.30MFY2025
−169.8% year over year
Last 12 mo $-908.70M
4.03%FY2025
+11.5 percentage points
Last 12 mo -48.71%
Cash & financing
$508.20MFY2025
+41.4% year over year
Last 12 mo $651.20M
$-139.50MFY2025
−13.0% year over year
Last 12 mo $96.10M
3.98FY2025
Was 2.54× a year earlier
Last 12 mo 3.85
144.6MFY2025
−4.9% year over year
Last 12 mo 134.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What PENN Entertainment, Inc. does

In the company’s own words

PENN Entertainment, Inc. (Nasdaq: PENN) operates casinos, racetracks, retail sportsbooks and online gaming and sports media businesses across North America. Its retail properties offer slot machines, table games, sports betting, dining, hotels and racing, while its digital portfolio includes theScore Bet sportsbook, Hollywood Casino iCasino products, theScore sports media app and PENN Game Studios content. Customers include casino and racetrack guests, online sports bettors and iCasino players, and sports media audiences. PENN reports five segments: Northeast, South, West and Midwest, which primarily comprise retail gaming, food and beverage, and hotel operations, and Interactive, which includes online gaming, retail sportsbook management, media and related activities. As of December 31, 2025, the company owned, managed or held interests in 42 gaming and racing properties across 19 states and operated online sportsbooks in 22 jurisdictions and iCasino in five jurisdictions in the U.S. and Canada. Its PENN Play loyalty program has more than 33 million members. Major brands include Hollywood Casino, Ameristar, Boomtown, L’Auberge and theScore. Its website is www.pennentertainment.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Services
Headquarters
WYOMISSING, PA
Fiscal year end
December
CIK
921738
SIC
7011

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.72B$705.02M$3.13B$5.55B$7.97B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns PENN Entertainment, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

258
funds hold it
2 of 35
superinvestors hold it
$1.10B
held by funds, at market
40.4%
of shares held by funds

Superinvestors in PENN Entertainment, Inc. · what they did last quarter

David EinhornDECREASED -3.0%
DME Capital Management (Greenlight)
3.2%of 13F portfolio
Prem WatsaUNCHANGED
Fairfax Financial Holdings
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · PENN Entertainment, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.15%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets
Invesco Small Cap Value Fund
VSCAX · AIM Sector Funds (Invesco Sector Funds)
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do PENN Entertainment, Inc. and its peers compare on margins and cash generation over ten years?”
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