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PENN NATIONAL GAMING INC

EDGAR

PENN Quarterly report (10-Q) · filed 2026-08-06

225 filing records in this dataset, filed from 1996-05-23 to 2026-08-06. Reported financial figures are available; chart coverage varies by period.

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Watchlist

Latest quarter

Revenue

1.64 billion USD

2024 Q3 · USD

Exact inputs and evidence

Revenue: 1639200000 USD Source

Operating margin

4.12%

2024 Q3 · %

Exact inputs and evidence

Operating Income: 67500000 USD Source
Revenue: 1639200000 USD Source

Operating cash flow

175 million USD

2024 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: 256400000 USD Source
Operating Cash Flow: 81700000 USD Source

Cash and cash equivalents: 887 million USD 2026-06-30 Source
Exact value

887200000 USD
Long-term debt including current maturities: 2.81 billion USD 2026-06-30 Source
Exact value

2814700000 USD
Shares outstanding: 157 million shares 2021-09-30 Source
Exact value

157045294 shares

Reported share-count change

1.15% · 1.79 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

155253918 shares · 2020-09-30· Source
157045294 shares · 2021-09-30· Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 8 of 11 periods available· newest 2023-12-31
Operating income: 10 of 11 periods available· newest 2025-12-31
Net income: 10 of 11 periods available· newest 2025-12-31
Operating cash flow: 10 of 11 periods available· newest 2025-12-31
Capital expenditure: 7 of 11 periods available· newest 2022-12-31
Total assets: 10 of 11 periods available· newest 2025-12-31
Total liabilities: 9 of 11 periods available· newest 2025-12-31
Current assets: 9 of 11 periods available· newest 2025-12-31
Current liabilities: 9 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 10 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
Shares outstanding: 4 of 11 periods available· newest 2020-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Net income
−USD 531.6 million

Prior period

−USD 311.5 million

2024-01-01 – 2024-12-31
Current period

−USD 843.1 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-843100000 − -311500000 = -531600000 USD

-311500000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-843100000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · PENN NATIONAL GAMING INC · 2025-12-31 PENN NATIONAL GAMING INC (edgar:921738) Year-over-year change in Net income: -531600000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -843100000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#1748222 Filing: 000092173826000008 Input fundies:NetIncome: -311500000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#1749052 Filing: 000092173826000008
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+41.4%

Prior period

USD 359.3 million

2024-01-01 – 2024-12-31
Current period

USD 508.2 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

508200000 − 359300000 = 148900000 USD

359300000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
508200000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · PENN NATIONAL GAMING INC · 2025-12-31 PENN NATIONAL GAMING INC (edgar:921738) Year-over-year change in Operating cash flow: 148900000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 508200000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#2066676 Filing: 000092173826000008 Input fundies:OperatingCashFlow: 359300000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#2067292 Filing: 000092173826000008
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Revenue, Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2023 2023-01-01 – 2023-12-31

Revenue USD 6.36 billion 100% of revenue
Operating costs Derived USD 7.05 billion 111% of revenue
Operating income −USD 690.2 million −11% of revenue
Tax, interest and other Derived −USD 200.2 million −3.1% of revenue
Net income −USD 490 million −7.7% of revenue

Cash

Operating cash flow USD 455.9 million 7.2% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2016 14%82%
2017 Net income was higher than operating income, so the split is not drawn.
2018 15%82%
2019 10%89%
2020 Operating loss: operating costs were 111% of revenue.
2021 11%82%
2022 12%85%
2023 Operating loss: operating costs were 111% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2016 2016-01-01 – 2016-12-31	3034380000	2491364000 Derived	543016000	433706000 Derived	109310000	310715000 Derived	Source 2016-01-01 – 2016-12-31: 3034380000 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: 543016000 USD Inspect Operating Income Open source 2016-01-01 – 2016-12-31: 109310000 USD Inspect Net Income Open source 2016-01-01 – 2016-12-31: 407960000 USD Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 97245000 USD Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	3148000000	2702300000 Derived	445700000	-27700000 Derived	473400000	378500000 Derived	Source 2017-01-01 – 2017-12-31: 3148000000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: 445700000 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: 473400000 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: 477800000 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 99300000 USD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	3587900000	2953800000 Derived	634100000	540600000 Derived	93500000	260200000 Derived	Source 2018-01-01 – 2018-12-31: 3587900000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 634100000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: 93500000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: 352800000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 92600000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	5301400000	4729500000 Derived	571900000	528000000 Derived	43900000	513300000 Derived	Source 2019-01-01 – 2019-12-31: 5301400000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 571900000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: 43900000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 703900000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 190600000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	3578700000	3988900000 Derived	-410200000	259300000 Derived	-669500000	201800000 Derived	Source 2020-01-01 – 2020-12-31: 3578700000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -410200000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -669500000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 338800000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 137000000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	5905000000	4845400000 Derived	1059600000	638800000 Derived	420800000	652000000 Derived	Source 2021-01-01 – 2021-12-31: 5905000000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 1059600000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: 420800000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 896100000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 244100000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	6401700000	5427700000 Derived	974000000	751900000 Derived	222100000	614800000 Derived	Source 2022-01-01 – 2022-12-31: 6401700000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 974000000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: 222100000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: 878200000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 263400000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	6362900000	7053100000 Derived	-690200000	-200200000 Derived	-490000000	Unavailable	Source 2023-01-01 – 2023-12-31: 6362900000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: -690200000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: -490000000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: 455900000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 6.4B 2023

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Revenue	3034380000	Revenue: 3034380000 Open source
20172017-12-31	Revenue	3148000000	Revenue: 3148000000 Open source
20182018-12-31	Revenue	3587900000	Revenue: 3587900000 Open source
20192019-12-31	Revenue	5301400000	Revenue: 5301400000 Open source
20202020-12-31	Revenue	3578700000	Revenue: 3578700000 Open source
20212021-12-31	Revenue	5905000000	Revenue: 5905000000 Open source
20222022-12-31	Revenue	6401700000	Revenue: 6401700000 Open source
20232023-12-31	Revenue	6362900000	Revenue: 6362900000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-0.6% 2023

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Year over year	No prior comparable period	Revenue: 3034380000 Open source
20172017-12-31	Year over year	3.7%	Revenue: 3148000000 Open source Revenue: 3034380000 Open source
20182018-12-31	Year over year	14%	Revenue: 3587900000 Open source Revenue: 3148000000 Open source
20192019-12-31	Year over year	47.8%	Revenue: 5301400000 Open source Revenue: 3587900000 Open source
20202020-12-31	Year over year	-32.5%	Revenue: 3578700000 Open source Revenue: 5301400000 Open source
20212021-12-31	Year over year	65%	Revenue: 5905000000 Open source Revenue: 3578700000 Open source
20222022-12-31	Year over year	8.4%	Revenue: 6401700000 Open source Revenue: 5905000000 Open source
20232023-12-31	Year over year	-0.6%	Revenue: 6362900000 Open source Revenue: 6401700000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -10.8% 2023

Net margin -7.7% 2023

Free cash flow margin 9.6% 2022

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Operating margin	17.9%	Operating Income: 543016000 Open source Revenue: 3034380000 Open source
20172017-12-31	Operating margin	14.2%	Operating Income: 445700000 Open source Revenue: 3148000000 Open source
20182018-12-31	Operating margin	17.7%	Operating Income: 634100000 Open source Revenue: 3587900000 Open source
20192019-12-31	Operating margin	10.8%	Operating Income: 571900000 Open source Revenue: 5301400000 Open source
20202020-12-31	Operating margin	-11.5%	Operating Income: -410200000 Open source Revenue: 3578700000 Open source
20212021-12-31	Operating margin	17.9%	Operating Income: 1059600000 Open source Revenue: 5905000000 Open source
20222022-12-31	Operating margin	15.2%	Operating Income: 974000000 Open source Revenue: 6401700000 Open source
20232023-12-31	Operating margin	-10.8%	Operating Income: -690200000 Open source Revenue: 6362900000 Open source
20162016-12-31	Net margin	3.6%	Net Income: 109310000 Open source Revenue: 3034380000 Open source
20172017-12-31	Net margin	15%	Net Income: 473400000 Open source Revenue: 3148000000 Open source
20182018-12-31	Net margin	2.6%	Net Income: 93500000 Open source Revenue: 3587900000 Open source
20192019-12-31	Net margin	0.8%	Net Income: 43900000 Open source Revenue: 5301400000 Open source
20202020-12-31	Net margin	-18.7%	Net Income: -669500000 Open source Revenue: 3578700000 Open source
20212021-12-31	Net margin	7.1%	Net Income: 420800000 Open source Revenue: 5905000000 Open source
20222022-12-31	Net margin	3.5%	Net Income: 222100000 Open source Revenue: 6401700000 Open source
20232023-12-31	Net margin	-7.7%	Net Income: -490000000 Open source Revenue: 6362900000 Open source
20162016-12-31	Free cash flow margin	10.2%	Revenue: 3034380000 Open source Operating Cash Flow: 407960000 Open source Capital Expenditure: 97245000 Open source
20172017-12-31	Free cash flow margin	12%	Revenue: 3148000000 Open source Operating Cash Flow: 477800000 Open source Capital Expenditure: 99300000 Open source
20182018-12-31	Free cash flow margin	7.3%	Revenue: 3587900000 Open source Operating Cash Flow: 352800000 Open source Capital Expenditure: 92600000 Open source
20192019-12-31	Free cash flow margin	9.7%	Revenue: 5301400000 Open source Operating Cash Flow: 703900000 Open source Capital Expenditure: 190600000 Open source
20202020-12-31	Free cash flow margin	5.6%	Revenue: 3578700000 Open source Operating Cash Flow: 338800000 Open source Capital Expenditure: 137000000 Open source
20212021-12-31	Free cash flow margin	11%	Revenue: 5905000000 Open source Operating Cash Flow: 896100000 Open source Capital Expenditure: 244100000 Open source
20222022-12-31	Free cash flow margin	9.6%	Revenue: 6401700000 Open source Operating Cash Flow: 878200000 Open source Capital Expenditure: 263400000 Open source
20232023-12-31	Free cash flow margin	Not reported	Revenue: 6362900000 Open source Operating Cash Flow: 455900000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 455.9M 2023

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Operating cash flow	407960000	Operating Cash Flow: 407960000 Open source
20172017-12-31	Operating cash flow	477800000	Operating Cash Flow: 477800000 Open source
20182018-12-31	Operating cash flow	352800000	Operating Cash Flow: 352800000 Open source
20192019-12-31	Operating cash flow	703900000	Operating Cash Flow: 703900000 Open source
20202020-12-31	Operating cash flow	338800000	Operating Cash Flow: 338800000 Open source
20212021-12-31	Operating cash flow	896100000	Operating Cash Flow: 896100000 Open source
20222022-12-31	Operating cash flow	878200000	Operating Cash Flow: 878200000 Open source
20232023-12-31	Operating cash flow	455900000	Operating Cash Flow: 455900000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 614.8M 2022

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Free cash flow	310715000	Operating Cash Flow: 407960000 Open source Capital Expenditure: 97245000 Open source
20172017-12-31	Free cash flow	378500000	Operating Cash Flow: 477800000 Open source Capital Expenditure: 99300000 Open source
20182018-12-31	Free cash flow	260200000	Operating Cash Flow: 352800000 Open source Capital Expenditure: 92600000 Open source
20192019-12-31	Free cash flow	513300000	Operating Cash Flow: 703900000 Open source Capital Expenditure: 190600000 Open source
20202020-12-31	Free cash flow	201800000	Operating Cash Flow: 338800000 Open source Capital Expenditure: 137000000 Open source
20212021-12-31	Free cash flow	652000000	Operating Cash Flow: 896100000 Open source Capital Expenditure: 244100000 Open source
20222022-12-31	Free cash flow	614800000	Operating Cash Flow: 878200000 Open source Capital Expenditure: 263400000 Open source
20232023-12-31	Free cash flow	Unavailable	Operating Cash Flow: 455900000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

80.1% 2023

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Liabilities / assets	Not reported	Total Assets: 4974484000 Open source
20172017-12-31	Liabilities / assets	101.4%	Total Liabilities: 5307958000 Open source Total Assets: 5234800000 Open source
20182018-12-31	Liabilities / assets	93.3%	Total Liabilities: 10229800000 Open source Total Assets: 10961000000 Open source
20192019-12-31	Liabilities / assets	87%	Total Liabilities: 12342600000 Open source Total Assets: 14194500000 Open source
20202020-12-31	Liabilities / assets	81.9%	Total Liabilities: 12011500000 Open source Total Assets: 14667300000 Open source
20212021-12-31	Liabilities / assets	75.7%	Total Liabilities: 12775000000 Open source Total Assets: 16872100000 Open source
20222022-12-31	Liabilities / assets	79.5%	Total Liabilities: 13905500000 Open source Total Assets: 17502100000 Open source
20232023-12-31	Liabilities / assets	80.1%	Total Liabilities: 12864600000 Open source Total Assets: 16064200000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

1.11× 2023

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Current assets / current liabilities	Not reported	No source recorded
20172017-12-31	Current assets / current liabilities	0.76×	Current Assets: 401032000 Open source Current Liabilities: 530009000 Open source
20182018-12-31	Current assets / current liabilities	0.92×	Current Assets: 677600000 Open source Current Liabilities: 738400000 Open source
20192019-12-31	Current assets / current liabilities	0.71×	Current Assets: 642800000 Open source Current Liabilities: 905600000 Open source
20202020-12-31	Current assets / current liabilities	2.42×	Current Assets: 2085000000 Open source Current Liabilities: 860000000 Open source
20212021-12-31	Current assets / current liabilities	1.96×	Current Assets: 2223600000 Open source Current Liabilities: 1133200000 Open source
20222022-12-31	Current assets / current liabilities	1.74×	Current Assets: 2013400000 Open source Current Liabilities: 1158700000 Open source
20232023-12-31	Current assets / current liabilities	1.11×	Current Assets: 1659000000 Open source Current Liabilities: 1490000000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2016 2016-01-01 – 2016-12-31	USD 109.31 million Exact value Exact value: 109310000 USD 2016-01-01 – 2016-12-31: 109310000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2016-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: 109310000 USD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:NetIncome: 109310000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173819000011/penn1231201810k.htm#3008033 Filing: 000092173819000011 The citation records this snapshot. The page link may show a newer release later.	USD 407.96 million Exact value Exact value: 407960000 USD 2016-01-01 – 2016-12-31: 407960000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2016-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 407960000 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 407960000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173819000011/penn1231201810k.htm#2554778 Filing: 000092173819000011 The citation records this snapshot. The page link may show a newer release later.	USD 97.25 million Exact value Exact value: 97245000 USD 2016-01-01 – 2016-12-31: 97245000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · PENN NATIONAL GAMING INC · 2016-12-31 PENN NATIONAL GAMING INC (edgar:921738) Capital Expenditure: 97245000 USD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 97245000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173819000011/penn1231201810k.htm#4488731 Filing: 000092173819000011 The citation records this snapshot. The page link may show a newer release later.	USD 310.72 million Calculation and evidence 407960000 − 97245000 USD Exact free cash flow: 310715000 USD 2016-01-01 – 2016-12-31: 407960000 USD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 97245000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · PENN NATIONAL GAMING INC · 2016-12-31 PENN NATIONAL GAMING INC (edgar:921738) Free cash flow: 310715000 USD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 407960000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173819000011/penn1231201810k.htm#2554778 Filing: 000092173819000011 Input fundies:CapitalExpenditure: 97245000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173819000011/penn1231201810k.htm#4488731 Filing: 000092173819000011 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	USD 473.4 million Exact value Exact value: 473400000 USD 2017-01-01 – 2017-12-31: 473400000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2017-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: 473400000 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: 473400000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173820000009/penn1231201910k.htm#2185558 Filing: 000092173820000009 The citation records this snapshot. The page link may show a newer release later.	USD 477.8 million Exact value Exact value: 477800000 USD 2017-01-01 – 2017-12-31: 477800000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2017-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 477800000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 477800000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173820000009/penn1231201910k.htm#2481197 Filing: 000092173820000009 The citation records this snapshot. The page link may show a newer release later.	USD 99.3 million Exact value Exact value: 99300000 USD 2017-01-01 – 2017-12-31: 99300000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · PENN NATIONAL GAMING INC · 2017-12-31 PENN NATIONAL GAMING INC (edgar:921738) Capital Expenditure: 99300000 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 99300000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173820000009/penn1231201910k.htm#4616630 Filing: 000092173820000009 The citation records this snapshot. The page link may show a newer release later.	USD 378.5 million Calculation and evidence 477800000 − 99300000 USD Exact free cash flow: 378500000 USD 2017-01-01 – 2017-12-31: 477800000 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 99300000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · PENN NATIONAL GAMING INC · 2017-12-31 PENN NATIONAL GAMING INC (edgar:921738) Free cash flow: 378500000 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 477800000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173820000009/penn1231201910k.htm#2481197 Filing: 000092173820000009 Input fundies:CapitalExpenditure: 99300000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173820000009/penn1231201910k.htm#4616630 Filing: 000092173820000009 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	USD 93.5 million Exact value Exact value: 93500000 USD 2018-01-01 – 2018-12-31: 93500000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2018-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: 93500000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: 93500000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173821000009/penn-20201231.htm#1658311 Filing: 000092173821000009 The citation records this snapshot. The page link may show a newer release later.	USD 352.8 million Exact value Exact value: 352800000 USD 2018-01-01 – 2018-12-31: 352800000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2018-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 352800000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 352800000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173821000009/penn-20201231.htm#1949413 Filing: 000092173821000009 The citation records this snapshot. The page link may show a newer release later.	USD 92.6 million Exact value Exact value: 92600000 USD 2018-01-01 – 2018-12-31: 92600000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · PENN NATIONAL GAMING INC · 2018-12-31 PENN NATIONAL GAMING INC (edgar:921738) Capital Expenditure: 92600000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 92600000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173821000009/penn-20201231.htm#3885977 Filing: 000092173821000009 The citation records this snapshot. The page link may show a newer release later.	USD 260.2 million Calculation and evidence 352800000 − 92600000 USD Exact free cash flow: 260200000 USD 2018-01-01 – 2018-12-31: 352800000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 92600000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · PENN NATIONAL GAMING INC · 2018-12-31 PENN NATIONAL GAMING INC (edgar:921738) Free cash flow: 260200000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 352800000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173821000009/penn-20201231.htm#1949413 Filing: 000092173821000009 Input fundies:CapitalExpenditure: 92600000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173821000009/penn-20201231.htm#3885977 Filing: 000092173821000009 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	USD 43.9 million Exact value Exact value: 43900000 USD 2019-01-01 – 2019-12-31: 43900000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2019-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: 43900000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: 43900000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173822000011/penn-20211231.htm#4035018 Filing: 000092173822000011 The citation records this snapshot. The page link may show a newer release later.	USD 703.9 million Exact value Exact value: 703900000 USD 2019-01-01 – 2019-12-31: 703900000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2019-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 703900000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 703900000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173822000011/penn-20211231.htm#2162738 Filing: 000092173822000011 The citation records this snapshot. The page link may show a newer release later.	USD 190.6 million Exact value Exact value: 190600000 USD 2019-01-01 – 2019-12-31: 190600000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · PENN NATIONAL GAMING INC · 2019-12-31 PENN NATIONAL GAMING INC (edgar:921738) Capital Expenditure: 190600000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 190600000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173822000011/penn-20211231.htm#4258384 Filing: 000092173822000011 The citation records this snapshot. The page link may show a newer release later.	USD 513.3 million Calculation and evidence 703900000 − 190600000 USD Exact free cash flow: 513300000 USD 2019-01-01 – 2019-12-31: 703900000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 190600000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · PENN NATIONAL GAMING INC · 2019-12-31 PENN NATIONAL GAMING INC (edgar:921738) Free cash flow: 513300000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 703900000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173822000011/penn-20211231.htm#2162738 Filing: 000092173822000011 Input fundies:CapitalExpenditure: 190600000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173822000011/penn-20211231.htm#4258384 Filing: 000092173822000011 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 669.5 million Exact value Exact value: -669500000 USD 2020-01-01 – 2020-12-31: -669500000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2020-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: -669500000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -669500000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#4163627 Filing: 000092173823000010 The citation records this snapshot. The page link may show a newer release later.	USD 338.8 million Exact value Exact value: 338800000 USD 2020-01-01 – 2020-12-31: 338800000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2020-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 338800000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 338800000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#2266247 Filing: 000092173823000010 The citation records this snapshot. The page link may show a newer release later.	USD 137 million Exact value Exact value: 137000000 USD 2020-01-01 – 2020-12-31: 137000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · PENN NATIONAL GAMING INC · 2020-12-31 PENN NATIONAL GAMING INC (edgar:921738) Capital Expenditure: 137000000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 137000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#4400481 Filing: 000092173823000010 The citation records this snapshot. The page link may show a newer release later.	USD 201.8 million Calculation and evidence 338800000 − 137000000 USD Exact free cash flow: 201800000 USD 2020-01-01 – 2020-12-31: 338800000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 137000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · PENN NATIONAL GAMING INC · 2020-12-31 PENN NATIONAL GAMING INC (edgar:921738) Free cash flow: 201800000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 338800000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#2266247 Filing: 000092173823000010 Input fundies:CapitalExpenditure: 137000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#4400481 Filing: 000092173823000010 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	USD 420.8 million Exact value Exact value: 420800000 USD 2021-01-01 – 2021-12-31: 420800000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2021-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: 420800000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: 420800000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173824000012/penn-20231231.htm#3406390 Filing: 000092173824000012 The citation records this snapshot. The page link may show a newer release later.	USD 896.1 million Exact value Exact value: 896100000 USD 2021-01-01 – 2021-12-31: 896100000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2021-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 896100000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 896100000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173824000012/penn-20231231.htm#2097189 Filing: 000092173824000012 The citation records this snapshot. The page link may show a newer release later.	USD 244.1 million Exact value Exact value: 244100000 USD 2021-01-01 – 2021-12-31: 244100000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · PENN NATIONAL GAMING INC · 2021-12-31 PENN NATIONAL GAMING INC (edgar:921738) Capital Expenditure: 244100000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 244100000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#4399124 Filing: 000092173823000010 The citation records this snapshot. The page link may show a newer release later.	USD 652 million Calculation and evidence 896100000 − 244100000 USD Exact free cash flow: 652000000 USD 2021-01-01 – 2021-12-31: 896100000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 244100000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · PENN NATIONAL GAMING INC · 2021-12-31 PENN NATIONAL GAMING INC (edgar:921738) Free cash flow: 652000000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 896100000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173824000012/penn-20231231.htm#2097189 Filing: 000092173824000012 Input fundies:CapitalExpenditure: 244100000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#4399124 Filing: 000092173823000010 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	USD 222.1 million Exact value Exact value: 222100000 USD 2022-01-01 – 2022-12-31: 222100000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2022-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: 222100000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: 222100000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173825000008/penn-20241231.htm#3374045 Filing: 000092173825000008 The citation records this snapshot. The page link may show a newer release later.	USD 878.2 million Exact value Exact value: 878200000 USD 2022-01-01 – 2022-12-31: 878200000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2022-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 878200000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 878200000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173825000008/penn-20241231.htm#2094821 Filing: 000092173825000008 The citation records this snapshot. The page link may show a newer release later.	USD 263.4 million Exact value Exact value: 263400000 USD 2022-01-01 – 2022-12-31: 263400000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · PENN NATIONAL GAMING INC · 2022-12-31 PENN NATIONAL GAMING INC (edgar:921738) Capital Expenditure: 263400000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 263400000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#4397767 Filing: 000092173823000010 The citation records this snapshot. The page link may show a newer release later.	USD 614.8 million Calculation and evidence 878200000 − 263400000 USD Exact free cash flow: 614800000 USD 2022-01-01 – 2022-12-31: 878200000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 263400000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · PENN NATIONAL GAMING INC · 2022-12-31 PENN NATIONAL GAMING INC (edgar:921738) Free cash flow: 614800000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 878200000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173825000008/penn-20241231.htm#2094821 Filing: 000092173825000008 Input fundies:CapitalExpenditure: 263400000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173823000010/penn-20221231.htm#4397767 Filing: 000092173823000010 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−USD 490 million Exact value Exact value: -490000000 USD 2023-01-01 – 2023-12-31: -490000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2023-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: -490000000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: -490000000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#1749883 Filing: 000092173826000008 The citation records this snapshot. The page link may show a newer release later.	USD 455.9 million Exact value Exact value: 455900000 USD 2023-01-01 – 2023-12-31: 455900000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2023-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 455900000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 455900000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#2067909 Filing: 000092173826000008 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2024 2024-01-01 – 2024-12-31	−USD 311.5 million Exact value Exact value: -311500000 USD 2024-01-01 – 2024-12-31: -311500000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2024-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: -311500000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: -311500000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#1749052 Filing: 000092173826000008 The citation records this snapshot. The page link may show a newer release later.	USD 359.3 million Exact value Exact value: 359300000 USD 2024-01-01 – 2024-12-31: 359300000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2024-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 359300000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 359300000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#2067292 Filing: 000092173826000008 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2025 2025-01-01 – 2025-12-31	−USD 843.1 million Exact value Exact value: -843100000 USD 2025-01-01 – 2025-12-31: -843100000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENN NATIONAL GAMING INC · 2025-12-31 PENN NATIONAL GAMING INC (edgar:921738) Net Income: -843100000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: -843100000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#1748222 Filing: 000092173826000008 The citation records this snapshot. The page link may show a newer release later.	USD 508.2 million Exact value Exact value: 508200000 USD 2025-01-01 – 2025-12-31: 508200000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENN NATIONAL GAMING INC · 2025-12-31 PENN NATIONAL GAMING INC (edgar:921738) Operating Cash Flow: 508200000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T11:43:34Z Snapshot: 3b6726f905f6232608853fa1153e077b58adce59eab70d76a586a7e06da4ce4d Dimensions: Consolidated View: https://fundies.io/companies/edgar/921738/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 508200000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/921738/000092173826000008/penn-20251231.htm#2066676 Filing: 000092173826000008 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

225 filings · 12,986 latest values · 12,986 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0000921738, 921738, PENN, edgar:921738

Also known as PENN Entertainment, Inc., PENN NATIONAL GAMING INC, PENN NATIONAL GAMING, INC., Penn National Gaming, Inc.

PENN NATIONAL GAMING INC

Latest quarter

Revenue

Operating margin

Operating cash flow

Reported share-count change

Company performance

What changed year over year

Net income

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Where revenue goes

2023 2023-01-01 – 2023-12-31

Cash

Share of revenue by period

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Cash generation