Penn National Gaming Inc (PENN)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 62.26% | 67.98% | 67.12% | 67.73% | 69.97% | 68.97% | 70.45% | 70.77% | 69.71% | 68.83% | 67.29% | 59.18% | 40.29% | 51.11% | 53.86% | 61.11% | 74.17% | 75.90% | 77.90% | 80.03% |
| Operating profit margin | -10.85% | -2.12% | 11.96% | 13.53% | 15.21% | 14.98% | 16.88% | 18.32% | 17.94% | 17.78% | 18.29% | 9.82% | -11.46% | -13.32% | -12.99% | -3.33% | 10.79% | 13.39% | 14.53% | 15.89% |
| Pretax margin | -7.83% | -0.59% | 12.04% | 11.65% | 2.74% | 2.77% | 5.70% | 8.51% | 9.13% | 9.41% | 10.23% | -0.40% | -23.32% | -24.54% | -24.76% | -13.18% | 1.64% | 2.03% | 1.88% | 2.09% |
| Net profit margin | -7.70% | -1.70% | 11.24% | 10.52% | 3.47% | 3.86% | 3.33% | 6.16% | 7.13% | 7.22% | 8.89% | 0.81% | -18.71% | -19.86% | -21.16% | -11.79% | 0.83% | 1.85% | 1.91% | 2.20% |
PENN Entertainment Inc's profitability ratios show fluctuations over the past eight quarters. The gross profit margin has been gradually declining, indicating a decrease in the company's ability to generate profits from its core operations. The operating profit margin has also been on a downward trend, suggesting that the company's operating expenses are increasing relative to its revenue.
The pretax margin experienced significant volatility, with negative margins in some quarters, reflecting challenges in managing expenses and generating pre-tax profits. The net profit margin, a key measure of overall profitability, has shown inconsistency with negative margins in some quarters. This indicates that PENN Entertainment Inc has struggled to convert its revenue into net income efficiently.
Overall, PENN Entertainment Inc faces challenges in maintaining consistent profitability, as evidenced by the declining trend in gross and operating profit margins, as well as the fluctuations in pretax and net profit margins. Management should closely monitor expenses and revenue generation to improve overall profitability in the future.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -4.30% | -0.86% | 4.61% | 5.17% | 5.57% | 5.46% | 5.93% | 6.28% | 6.28% | 6.05% | 6.04% | 2.46% | -2.80% | -3.50% | -3.73% | -1.23% | 4.03% | 4.78% | 4.62% | 4.77% |
| Return on assets (ROA) | -3.05% | -0.69% | 4.33% | 4.02% | 1.27% | 1.40% | 1.17% | 2.11% | 2.49% | 2.46% | 2.94% | 0.20% | -4.56% | -5.22% | -6.08% | -4.34% | 0.31% | 0.66% | 0.61% | 0.66% |
| Return on total capital | -0.48% | 8.32% | 20.53% | 21.33% | 14.81% | 13.83% | 15.48% | 16.83% | 16.43% | 18.56% | 20.37% | 10.65% | -5.90% | -8.25% | -10.66% | -3.49% | 14.92% | 16.13% | 15.08% | 15.36% |
| Return on equity (ROE) | -15.30% | -3.19% | 17.51% | 16.40% | 6.17% | 6.81% | 5.55% | 9.65% | 10.27% | 12.59% | 14.96% | 1.09% | -25.21% | -29.35% | -57.83% | -47.37% | 2.37% | 4.87% | 4.58% | 4.78% |
Operating return on assets (Operating ROA) for PENN Entertainment Inc has shown a declining trend from Q1 2023 to Q4 2023, indicating a decrease in the company's operating efficiency in generating profits from its assets. However, the values are relatively stable within the range of 2.26% to 6.28%.
Return on assets (ROA) for the company has been negative in Q1 and Q4 2023, suggesting that the company's overall efficiency in generating profits from its total assets has been weak during these periods. The positive ROA values in Q2 and Q3 2023 indicate an improvement in this aspect, with Q2 2023 showing the highest return on assets at 4.33%.
Return on total capital reflects the company's ability to generate returns from both debt and equity capital invested in its operations. The values have fluctuated over the quarters but have generally remained positive. Q1 2023 and Q4 2023 show lower returns compared to Q2 and Q3 2023, with Q4 2023 having the lowest return on total capital at 4.63%.
Return on equity (ROE) indicates the company's ability to generate profits from shareholders' equity. The ROE has shown variability across quarters, with Q1 and Q4 2023 reporting negative returns, indicating a potential concern for shareholders. Q3 2023 exhibited the highest ROE at 17.51%, suggesting that the company was most efficient in utilizing shareholders' equity to generate profits during that period.