The historical rank and industry rank for PENN Entertainment's Pretax Margin % or its related term are showing as below:
BSP:P2EN34'
s Pretax Margin % Range Over the Past 10 Years
Min: -23.31 Med: 1.81 Max: 9.13
Current: -20.8
BSP:P2EN34's Pretax Margin % is ranked worse than 84.45% of 823
companies
in the Travel & Leisure industry
Industry Median: 6.34
vs BSP:P2EN34: -20.80
PENN Entertainment Pretax Margin % Historical Data
The historical data trend for PENN Entertainment's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of PENN Entertainment's Pretax Margin %
For the Resorts & Casinos subindustry, PENN Entertainment's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PENN Entertainment's Pretax Margin % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PENN Entertainment's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PENN Entertainment's Pretax Margin % falls into.
PENN Entertainment Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
PENN Entertainment's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PENN Entertainment (BSP:P2EN34) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
PENN Entertainment Pretax Margin % Related Terms
Thank you for viewing the detailed overview of PENN Entertainment's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
PENN Entertainment (BSP:P2EN34) Business Description
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands (such as Hollywood Casino and Ameristar), with land-based casinos representing 90% of total sales in 2022 (10% was from the interactive segment, which includes sports, iGaming, and media revenue). The retail portfolio generates high-30% EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch Nov. 14, 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.
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