RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

PENN Entertainment EBIT 2024

PENN Entertainment EBIT

288.64 M USD

PENN Entertainment Dividend yield

Ticker

PENN

ISIN

US7075691094

WKN

905441

In 2024, PENN Entertainment's EBIT was 288.64 M USD, a -24.36% increase from the 381.6 M USD EBIT recorded in the previous year.

The PENN Entertainment EBIT history

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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.

EBIT Details

Analyzing PENN Entertainment's EBIT

PENN Entertainment's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of PENN Entertainment's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

PENN Entertainment's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in PENN Entertainment’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about PENN Entertainment Stock

How much did PENN Entertainment achieve in EBIT for the current year?

In the current year, PENN Entertainment has achieved an EBIT of 288.64 M USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company PENN Entertainment.

How has the EBIT of PENN Entertainment developed in recent years?

The EBIT of PENN Entertainment has increased by -24.361% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company PENN Entertainment?

The EBIT of PENN Entertainment is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

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 5/4/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/4/2024.

When did PENN Entertainment pay the last dividend?

The last dividend was paid out on 5/4/2024.

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.