PENN Entertainment, Inc.
PENNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
6,578
Cost of Revenue
4,415
Gross Profit
2,164
Gross Margin
32.9%
Operating Income
73
Operating Margin
1.1%
Net Income
-312
Net Margin
-4.7%
EPS (Basic)
$-2.05
EPS (Diluted)
$-2.05
EBITDA
563
EBITDA Margin
8.6%
2023
12/31/2023
Revenue
6,363
Cost of Revenue
4,001
Gross Profit
2,362
Gross Margin
37.1%
Operating Income
-690
Operating Margin
-10.8%
Net Income
-490
Net Margin
-7.7%
EPS (Basic)
$-3.22
EPS (Diluted)
$-3.22
EBITDA
400
EBITDA Margin
6.3%
2022
12/31/2022
Revenue
6,402
Cost of Revenue
3,632
Gross Profit
2,770
Gross Margin
43.3%
Operating Income
974
Operating Margin
15.2%
Net Income
222
Net Margin
3.5%
EPS (Basic)
$1.37
EPS (Diluted)
$1.29
EBITDA
1,501
EBITDA Margin
23.4%
2021
12/31/2021
Revenue
5,905
Cost of Revenue
3,148
Gross Profit
2,757
Gross Margin
46.7%
Operating Income
1,060
Operating Margin
17.9%
Net Income
421
Net Margin
7.1%
EPS (Basic)
$2.65
EPS (Diluted)
$2.48
EBITDA
1,446
EBITDA Margin
24.5%
2020
12/31/2020
Revenue
3,579
Cost of Revenue
1,868
Gross Profit
1,711
Gross Margin
47.8%
Operating Income
-410
Operating Margin
-11.5%
Net Income
-670
Net Margin
-18.7%
EPS (Basic)
$-4.99
EPS (Diluted)
$-4.99
EBITDA
77
EBITDA Margin
2.1%