PENN Entertainment Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	686.6	706.6	1,072	1,624	1,864
Cash & Short-Term Investments	686.6	706.6	1,072	1,624	1,864
Cash Growth	-2.83%	-34.07%	-34.00%	-12.87%	0.55%
Accounts Receivable	126.1	136.3	171.5	115.6	78.5
Other Receivables	120.7	113.3	137.3	123.4	103.7
Receivables	246.8	249.6	308.8	239	182.2
Prepaid Expenses	151.7	152.3	225.6	106.1	132.3
Restricted Cash	27	16	21.5	19	15
Other Current Assets	54	29.9	31.3	25.3	30.2
Total Current Assets	1,166	1,154	1,659	2,013	2,224
Property, Plant & Equipment	9,608	9,696	9,820	10,619	9,435
Long-Term Investments	79.4	86.2	110.2	280.3	361.2
Goodwill	1,787	2,563	2,695	2,690	2,823
Other Intangible Assets	1,405	1,530	1,618	1,739	1,873
Other Long-Term Assets	223.9	232	162	161.2	157
Total Assets	14,269	15,262	16,064	17,502	16,872
Accounts Payable	54.2	50.8	36.6	40.1	53.3
Accrued Expenses	608.2	570.3	787	671.8	679.6
Current Portion of Long-Term Debt	38.2	38.2	47.6	56.2	99.5
Current Portion of Leases	477.5	418.8	383.9	257.7	181.9
Other Current Liabilities	297.4	337	234.9	132.9	118.9
Total Current Liabilities	1,476	1,415	1,490	1,159	1,133
Long-Term Debt	2,849	2,733	2,718	2,721	2,637
Long-Term Leases	7,908	8,060	8,393	9,874	8,686
Long-Term Unearned Revenue	34.1	42.6	39	46.5	52.2
Long-Term Deferred Tax Liabilities	87.8	61	117.6	33.9	189.1
Other Long-Term Liabilities	87.1	92.4	107.3	71.4	76.8
Total Liabilities	12,441	12,403	12,865	13,906	12,775
Common Stock	1.8	1.8	1.8	1.7	1.7
Additional Paid-In Capital	4,653	4,542	4,437	4,220	4,240
Retained Earnings	-1,490	-647	-335.5	154.5	-86.5
Treasury Stock	-1,137	-779.5	-779.5	-629.5	-28.4
Comprehensive Income & Other	-193.3	-255	-121.3	-168.6	-54.4
Total Common Equity	1,834	2,863	3,202	3,578	4,072
Minority Interest	-6.5	-4.3	-2.5	-1.1	-0.7
Shareholders' Equity	1,828	2,858	3,200	3,597	4,097
Total Liabilities & Equity	14,269	15,262	16,064	17,502	16,872
Total Debt	11,272	11,249	11,542	12,909	11,605
Net Cash (Debt)	-10,586	-10,543	-10,470	-11,285	-9,741
Net Cash Per Share	-73.21	-69.31	-68.84	-63.90	-55.51
Filing Date Shares Outstanding	126.83	147.44	149.42	150.32	166.05
Total Common Shares Outstanding	126.25	147.19	149.11	151.25	167.94
Working Capital	-309.4	-260.7	169	854.7	1,090
Book Value Per Share	14.53	19.45	21.48	23.66	24.25
Tangible Book Value	-1,357	-1,230	-1,111	-850.1	-623.1
Tangible Book Value Per Share	-10.75	-8.36	-7.45	-5.62	-3.71
Land	120	125.5	137.2	137.1	147.6
Buildings	325.7	323.4	323.2	324.6	327.3
Machinery	1,996	1,853	1,846	1,754	1,715
Construction In Progress	427.1	491.4	172.8	166.8	70.7
Leasehold Improvements	752.7	584.4	521.2	353.5	292

Source: S&P Global Market Intelligence. Standard template. Financial Sources.