PENN Entertainment, Inc.
PENNNasdaqConsumer Discretionary · Hotels & Motels · PA · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $6.96B | $6.58B | $6.36B | $6.40B | $5.91B | $3.58B |
| Operating income | −$673.6M | $72.5M | −$690.2M | $974.0M | $1.06B | −$410.2M |
| Net income | −$843.1M | −$311.5M | −$490.0M | $222.1M | $420.8M | −$669.5M |
| Total assets | $14.27B | $15.26B | $16.06B | $17.50B | $16.87B | $14.67B |
| Total liabilities | $12.44B | $12.40B | $12.86B | $13.91B | $12.78B | $12.01B |
| Equity | $1.83B | $2.86B | $3.20B | $3.60B | $4.10B | $2.66B |
| EPS (diluted) | $-5.83 | $-2.05 | $-3.22 | $1.29 | $2.48 | $-5.00 |
| Shares out. | 152.9M | 152.4M | 152.6M | 168.3M | 156.5M | 116.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −9.7%
- Net margin
- −12.1%
- Return on equity
- −46.0%
- Return on assets
- −5.9%
- Return on capital (ROCE)
- −5.3%
- Liabilities / assets
- 87.2%
- Debt / equity
- 6.78×
- Book value / share
- $11.99
- Revenue growth (YoY)
- 5.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -0.65distress
- Accruals / assets
- −9.5%clean
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Feb 25, 2016
- NT 10-Qmissed a reporting deadline ↗Nov 9, 2015
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Capital Management LlcPassive (13G)Apr 30, 2026
- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Fmr LlcPassive (13G)Feb 12, 2025
- Hg Vora Capital Management, LlcActivist (13D)Jan 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 16.9M | 5.8 | -0.2% |
| Apr 30, 2026 | 16.9M | 3.1 | -9.2% |
| Apr 15, 2026 | 18.7M | 6.1 | -12.8% |
| Mar 31, 2026 | 21.4M | 5.8 | -1.8% |
| Mar 13, 2026 | 21.8M | 4.9 | +1.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligationMay 28, 2026
- Results of operationsApr 23, 2026
- Entered a material agreement · New financial obligationApr 16, 2026
- Entered a material agreement · New financial obligationMar 16, 2026
- Results of operationsFeb 26, 2026
- Entered a material agreement · Director / officer change · Regulation FD disclosureFeb 23, 2026
- Director / officer change · Regulation FD disclosureJan 9, 2026
- Amended charter or bylawsDec 10, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KFORM 8-KMay 28, 2026
- SCHEDULE 13GApr 30, 2026
- 10-QApr 29, 2026
- SCHEDULE 13GApr 29, 2026
- ARSApr 27, 2026
- DEFA14AApr 27, 2026
- DEF 14AApr 27, 2026
- S-3ASRApr 24, 2026
- 8-KApr 23, 2026
- 8-KFORM 8-KApr 16, 2026
- SCHEDULE 13G/AMar 27, 2026
- 8-KFORM 8-KMar 16, 2026
- 4Mar 11, 2026
- 4Mar 11, 2026
- 4Mar 11, 2026
Event-driven situations (4)
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