PENN Q4 2022 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q4 2022 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.6B+0.8% YoY

Gross Profit

$670M42.3% margin

Operating Income

$243M15.3% margin

Net Income

$21M1.3% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$118M

Free Cash Flow

$40M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$17.5B

Total Liabilities

$13.9B

Stockholders' Equity

$3.6B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.6B	+0.8%
Gross Profit	$670M	$657M	+1.9%
Operating Income	$243M	$226M	+7.4%
Net Income	$21M	$45M	-53.8%

Revenue Segments

Casino

$1.3B80%

Product and Service, Other

$163M10%

Food and Beverage

$99M6%

Occupancy

$56M4%

Geographic Segments

Northeast Segment

$667M42%

South Segment

$304M19%

Midwest Segment

$282M18%

Interactive Segment

$208M13%

West Segment

$131M8%