Penn National Gaming Inc (PENN)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -311,500 | -536,300 | -1,224,400 | -1,119,200 | -490,100 | -111,200 | 737,100 | 684,800 | 222,100 | 246,300 | 208,900 | 381,500 | 420,800 | 386,900 | 442,700 | 29,600 | -670,000 | -773,600 | -871,600 | -605,653 |
| Revenue (ttm) | US$ in thousands | 6,578,100 | 6,304,500 | 6,284,700 | 6,296,500 | 6,362,900 | 6,553,100 | 6,558,700 | 6,510,800 | 6,401,700 | 6,388,600 | 6,275,400 | 6,194,300 | 5,905,000 | 5,359,900 | 4,977,800 | 3,737,500 | 3,578,700 | 3,892,500 | 4,117,300 | 5,134,890 |
| Net profit margin | -4.74% | -8.51% | -19.48% | -17.77% | -7.70% | -1.70% | 11.24% | 10.52% | 3.47% | 3.86% | 3.33% | 6.16% | 7.13% | 7.22% | 8.89% | 0.79% | -18.72% | -19.87% | -21.17% | -11.79% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-311,500K ÷ $6,578,100K
= -4.74%
The net profit margin of Penn National Gaming Inc has shown fluctuations over the measured periods. The net profit margin was negative in the first half of 2020, indicating that the company was incurring losses relative to its revenue. However, there was a significant turnaround in the net profit margin in the later quarters of 2020 and throughout 2021, with positive margins indicating the company was generating profits.
In the subsequent periods up to 2023, the net profit margin remained positive, showcasing continued profitability for the company. The highest net profit margins were recorded in the middle of 2023, indicating a strong performance during that period.
However, there was a notable decline in profitability in the latter part of 2023 and into 2024, as the net profit margin turned negative again. This could suggest challenges or increased expenses affecting the company's ability to generate profits during this period.
Overall, the net profit margin trend reflects both positive and negative phases in Penn National Gaming Inc's profitability over the analyzed period. It is essential for the company to closely monitor its expenses and revenue streams to sustain profitability and mitigate potential downturns in the future.
Peer comparison
Dec 31, 2024