PENN Entertainment ROA 2024

PENN Entertainment ROA

-0.03

PENN Entertainment Dividend yield

Ticker

PENN

ISIN

US7075691094

WKN

905441

In 2024, PENN Entertainment's return on assets (ROA) was -0.03, a -341.35% increase from the 0.01 ROA in the previous year.

PENN Entertainment Aktienanalyse

What does PENN Entertainment do?

Penn National Gaming Inc is a leading company in the gaming and entertainment industry. The company's history dates back to 1971 when it was founded as Hollywood Park. Over the years, the company expanded its portfolio of locations and casinos and eventually changed its name to Penn National Gaming Inc. Penn National Gaming Inc's business model focuses on creating unique and diverse experiences for its customers. The company currently has over 40 locations in the United States, including casinos, gaming halls, and racetracks. One of the important divisions of Penn National Gaming Inc is the casino business, which offers a variety of classic games such as blackjack, roulette, poker, and modern slot machines. The company also has an online casino platform that is currently available to players in selected states in the USA. Another important division is the entertainment business, which includes venues such as Hipodromo Argentino de Palermo in Argentina, Mahoning Valley Race Course in Ohio, and Hollywood Casino Tunica that regularly host concerts and shows. Additionally, the company has a stake in Barstool Sports, a leading media and entertainment company specializing in sports reporting, online content, and podcasts. The goal is to provide an integrated experience that incorporates Barstool Sports media solutions into Penn's gambling portfolio. Another business area is the horse racing tracks. The company operates several racetracks, including Hollywood Casino Bangor Raceway in Maine, Mahoning Valley Race Course in Ohio, and Plainridge Park Racecourse in Massachusetts. In recent years, the company has diversified its business areas by investing in sports betting and online gaming. One of the current developments is the acquisition of Score Media and Gaming Inc., a company involved in sports betting and online gaming. The goal of this acquisition is to expand Penn National Gaming Inc's sports betting and online gaming offerings in Canada and establish a strong presence in this market. In summary, Penn National Gaming Inc is a versatile company that focuses on providing exciting gambling and entertainment experiences. With its various divisions and products, the company reaches a wide audience worldwide and creates unique experiences for its customers. The recent investments in sports betting and online gaming demonstrate the company's commitment to further diversify and explore new business areas. PENN Entertainment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding PENN Entertainment's Return on Assets (ROA)

PENN Entertainment's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing PENN Entertainment's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider PENN Entertainment's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in PENN Entertainment’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about PENN Entertainment Stock

What is the Return on Assets (ROA) of PENN Entertainment this year?

The Return on Assets (ROA) of PENN Entertainment is -0.03 undefined this year.

What was the ROA of PENN Entertainment compared to the previous year?

The ROA of PENN Entertainment has increased by -341.35% compared to the previous year.

What consequences do high ROA have for investors of PENN Entertainment?

A high ROA is advantageous for investors of PENN Entertainment, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in PENN Entertainment?

A low ROA can be unfavorable for investors of PENN Entertainment as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of PENN Entertainment affect the company?

An increase in ROA of PENN Entertainment can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of PENN Entertainment impact the company?

A reduction in the ROA of PENN Entertainment can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of PENN Entertainment?

Some factors that can influence the ROA of PENN Entertainment include revenue, operating costs, asset structure, and industry average.

Why is the ROA of PENN Entertainment important for investors?

The ROA of PENN Entertainment is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can PENN Entertainment take to improve ROA?

To improve ROA, PENN Entertainment can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does PENN Entertainment pay?

Over the past 12 months, PENN Entertainment paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, PENN Entertainment is expected to pay a dividend of 0 USD.

What is the dividend yield of PENN Entertainment?

The current dividend yield of PENN Entertainment is .

When does PENN Entertainment pay dividends?

PENN Entertainment pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of PENN Entertainment?

PENN Entertainment paid dividends every year for the past 0 years.

What is the dividend of PENN Entertainment?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is PENN Entertainment located?

PENN Entertainment is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von PENN Entertainment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of PENN Entertainment from 5/23/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.

When did PENN Entertainment pay the last dividend?

The last dividend was paid out on 5/23/2024.

What was the dividend of PENN Entertainment in the year 2023?

In the year 2023, PENN Entertainment distributed 0 USD as dividends.

In which currency does PENN Entertainment pay out the dividend?

The dividends of PENN Entertainment are distributed in USD.

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Andere Kennzahlen von PENN Entertainment

Our stock analysis for PENN Entertainment Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of PENN Entertainment Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.