PENN Entertainment (PENN) Revenue & Revenue Breakdown


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PENN Entertainment Revenue Highlights


Latest Revenue (Y)

$6.36B

Latest Revenue (Q)

$1.61B

Main Segment (Y)

Casino

Main Geography (Y)

Northeast Segment

PENN Entertainment Revenue by Period


PENN Entertainment Revenue by Year

DateRevenueChange
2023-12-31$6.36B-0.61%
2022-12-31$6.40B8.41%
2021-12-31$5.91B65.00%
2020-12-31$3.58B-32.50%
2019-12-31$5.30B47.76%
2018-12-31$3.59B13.98%
2017-12-31$3.15B3.74%
2016-12-31$3.03B6.91%
2015-12-31$2.84B9.57%
2014-12-31$2.59B-11.25%
2013-12-31$2.92B0.67%
2012-12-31$2.90B5.73%
2011-12-31$2.74B11.51%
2010-12-31$2.46B3.79%
2009-12-31$2.37B-2.22%
2008-12-31$2.42B-0.56%
2007-12-31$2.44B3.63%
2006-12-31$2.35B66.48%
2005-12-31$1.41B23.83%
2004-12-31$1.14B-1.92%
2003-12-31$1.16B76.87%
2002-12-31$657.55M26.60%
2001-12-31$519.39M76.59%
2000-12-31$294.12M71.50%
1999-12-31$171.50M11.29%
1998-12-31$154.10M38.21%
1997-12-31$111.50M77.55%
1996-12-31$62.80M8.84%
1995-12-31$57.70M25.43%
1994-12-31$46.00M9.00%
1993-12-31$42.20M-

PENN Entertainment generated $6.36B in revenue during NA 2023, up -0.61% compared to the previous quarter, and up 177.34% compared to the same period a year ago.

PENN Entertainment Revenue by Quarter

DateRevenueChange
2024-03-31$1.61B15.16%
2023-12-31$1.40B-13.83%
2023-09-30$1.62B-3.31%
2023-06-30$1.67B0.09%
2023-03-31$1.67B5.53%
2022-12-31$1.59B-2.42%
2022-09-30$1.63B-0.12%
2022-06-30$1.63B4.01%
2022-03-31$1.56B-0.53%
2021-12-31$1.57B4.02%
2021-09-30$1.51B-2.20%
2021-06-30$1.55B21.25%
2021-03-31$1.27B24.09%
2020-12-31$1.03B-9.06%
2020-09-30$1.13B269.79%
2020-06-30$305.50M-72.63%
2020-03-31$1.12B-16.78%
2019-12-31$1.34B-0.98%
2019-09-30$1.35B2.37%
2019-06-30$1.32B3.16%
2019-03-31$1.28B11.02%
2018-12-31$1.16B46.30%
2018-09-30$789.65M-4.51%
2018-06-30$826.91M1.33%
2018-03-31$816.09M6.12%
2017-12-31$769.04M-4.62%
2017-09-30$806.25M1.23%
2017-06-30$796.46M2.61%
2017-03-31$776.22M4.48%
2016-12-31$742.91M-2.96%
2016-09-30$765.60M-0.50%
2016-06-30$769.42M1.71%
2016-03-31$756.45M3.06%
2015-12-31$733.97M-0.72%
2015-09-30$739.30M5.47%
2015-06-30$700.96M5.54%
2015-03-31$664.14M1.96%
2014-12-31$651.36M0.84%
2014-09-30$645.94M-0.95%
2014-06-30$652.15M1.73%
2014-03-31$641.08M-0.56%
2013-12-31$644.70M-9.76%
2013-09-30$714.43M-6.16%
2013-06-30$761.37M-4.62%
2013-03-31$798.25M7.32%
2012-12-31$743.81M5.20%
2012-09-30$707.04M-0.77%
2012-06-30$712.55M-3.19%
2012-03-31$736.06M8.81%
2011-12-31$676.45M-4.85%
2011-09-30$710.90M3.35%
2011-06-30$687.88M3.13%
2011-03-31$667.02M5.84%
2010-12-31$630.22M-1.26%
2010-09-30$638.26M6.68%
2010-06-30$598.31M1.01%
2010-03-31$592.32M6.57%
2009-12-31$555.81M-10.42%
2009-09-30$620.43M6.82%
2009-06-30$580.82M-5.13%
2009-03-31$612.23M7.20%
2008-12-31$571.09M-7.57%
2008-09-30$617.89M-0.43%
2008-06-30$620.59M1.16%
2008-03-31$613.49M4.72%
2007-12-31$585.84M-

PENN Entertainment generated $1.61B in revenue during Q1 2024, up 15.16% compared to the previous quarter, and up 101.34% compared to the same period a year ago.

PENN Entertainment Revenue Breakdown


PENN Entertainment Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Food and Beverage$410.90M$396.70M$323.30M$224.40M$512.00M
Occupancy$247.30M$262.00M$231.10M$146.80M$311.00M
Product and Service, Other$798.90M$541.30M$405.30M$156.40M$178.40M
Casino$4.91B$5.20B$4.95B$3.05B$4.27B
Racing----$31.30M

PENN Entertainment's latest annual revenue breakdown by segment (product or service), as of Dec 23: Casino (77.10%), Product and Service, Other (12.56%), Food and Beverage (6.46%), and Occupancy (3.89%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Food and Beverage$103.00M$101.20M$104.60M$102.60M$102.50M$52.70M$101.30M$100.60M$95.90M$91.10M$87.60M$81.60M$63.00M$54.00M$52.20M$13.10M$105.10M$130.70M$129.40M$126.70M
Occupancy$58.20M$58.40M$70.70M$64.30M$53.90M$31.90M$74.20M$71.80M$60.00M$61.90M$67.70M$57.70M$43.80M$38.40M$38.70M$9.10M$60.60M$74.10M$85.30M$80.24M
Casino$1.26B$1.04B$1.25B$1.29B$1.32B$1.32B$1.33B$1.29B$1.30B$1.26B$1.31B$1.08B$895.40M$993.60M$259.20M$902.90M$1.08B$1.09B$1.06B-
Product and Service, Other$187.40M$338.30M$160.50M$148.40M$151.70M$3.00M$132.00M$128.90M$117.10M$117.90M$100.30M$101.00M$86.10M$39.60M$45.20M$24.10M$47.50M$45.30M$44.30M$45.41M
Advertising--$19.80M$45.50M$27.20M---------------
Retail--$11.70M$21.20M$13.40M---------------
Racing-----------------$7.60M$7.00M$8.60M

PENN Entertainment's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Casino (78.31%), Product and Service, Other (11.66%), Food and Beverage (6.41%), and Occupancy (3.62%).

PENN Entertainment Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
West Segment$528.50M$581.90M$521.40M$302.50M$642.50M
South Segment$1.22B$1.31B$1.32B$849.60M$1.12B
Northeast Segment$2.74B$2.70B$2.55B$1.64B$2.40B

PENN Entertainment's latest annual revenue breakdown by geography, as of Dec 23: Northeast Segment (61.08%), South Segment (27.13%), and West Segment (11.79%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
South Segment$298.50M$285.10M$308.20M$308.30M$314.80M$304.40M$329.80M$338.60M$341.40M$339.90M$318.20M$368.20M$295.90M$249.20M$255.60M$121.50M$223.30M$268.20M$276.60M$282.19M
West Segment$128.80M$133.70M$135.10M$130.00M$129.70M$130.70M$156.50M$153.80M$140.90M$138.70M$145.70M$140.40M$96.60M$79.50M$78.70M$17.70M$126.60M$158.10M$161.50M$164.25M
Northeast Segment$684.70M$662.90M$687.00M$688.00M$700.50M$667.10M$685.40M$684.90M$658.50M$656.60M$672.40M$652.50M$570.90M$470.80M$545.10M$102.70M$520.70M$621.30M$628.90M$599.09M

PENN Entertainment's latest quarterly revenue breakdown by geography, as of Mar 24: Northeast Segment (61.57%), South Segment (26.84%), and West Segment (11.58%).

PENN Entertainment Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MGMMGM Resorts$16.16B$4.33B
CZRCaesars Entertainment$11.53B$2.83B
WYNNWynn Resorts$6.53B$1.73B
PENNPENN Entertainment$6.36B$1.61B
BYDBoyd Gaming$3.74B$967.51M
DKNGDraftKings$3.67B$1.10B

PENN Revenue FAQ


PENN Entertainment's yearly revenue for 2023 was $6.36B, representing a decrease of -0.61% compared to 2022. The company's yearly revenue for 2022 was $6.4B, representing an increase of 8.41% compared to 2021. PENN's yearly revenue for 2021 was $5.9B, representing an increase of 65.00% compared to 2020.

PENN Entertainment's quarterly revenue for Q1 2024 was $1.61B, a 15.16% increase from the previous quarter (Q4 2023), and a -3.97% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.4B, a -13.83% decrease from the previous quarter (Q3 2023), and a -12.00% decrease year-over-year (Q4 2022). PENN's quarterly revenue for Q3 2023 was $1.62B, a -3.31% decrease from the previous quarter (Q2 2023), and a -0.34% decrease year-over-year (Q3 2022).

PENN Entertainment's revenue growth rate for the last 3 years (2021-2023) was 7.75%, and for the last 5 years (2019-2023) was 20.02%.

PENN Entertainment's revenue streams in c 23 are Food and Beverage, Occupancy, Product and Service, Other, and Casino. Food and Beverage generated $410.9M in revenue, accounting 6.46% of the company's total revenue, up 3.58% year-over-year. Occupancy generated $247.3M in revenue, accounting 3.89% of the company's total revenue, down -5.61% year-over-year. Product and Service, Other generated $798.9M in revenue, accounting 12.56% of the company's total revenue, up 47.59% year-over-year. Casino generated $4.91B in revenue, accounting 77.10% of the company's total revenue, down -5.69% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of PENN Entertainment was Casino. This segment made a revenue of $4.91B, representing 77.10% of the company's total revenue.