Penn National Gaming Inc (PENN)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 15,261,700 | 15,514,500 | 15,538,000 | 15,614,400 | 16,064,200 | 16,168,600 | 17,028,000 | 17,040,000 | 17,502,100 | 17,535,100 | 17,880,800 | 18,071,100 | 16,872,100 | 15,748,700 | 15,078,200 | 14,888,200 | 14,667,300 | 14,812,000 | 14,321,500 | 13,938,400 |
| ROA | -2.04% | -3.46% | -7.88% | -7.17% | -3.05% | -0.69% | 4.33% | 4.02% | 1.27% | 1.40% | 1.17% | 2.11% | 2.49% | 2.46% | 2.94% | 0.20% | -4.57% | -5.22% | -6.09% | -4.35% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-311,500K ÷ $15,261,700K
= -2.04%
Penn National Gaming Inc's return on assets (ROA) has exhibited volatility over the period from March 31, 2020, to December 31, 2024. The ROA started in negative territory, decreasing from -4.35% on March 31, 2020, to a low of -7.88% on June 30, 2024. However, there have been sporadic improvements in ROA during certain quarters, such as the positive ROA values reported on March 31, 2021, and onwards. Despite these fluctuations, the company's ROA seems to have slightly recovered towards the end of the period, standing at -2.04% on December 31, 2024. Overall, Penn National Gaming Inc's ROA performance indicates variability in the company's ability to generate profits from its assets during the period under review.
Peer comparison
Dec 31, 2024