Penn National Gaming

Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. The Company operates through three segments: Northeast, South/West, and Midwest. The Northeast segment consists of the following properties: Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, and Plainridge Park Casino. It also includes the Company’s Casino Rama management service contract.

The South/West segment consists of the following properties: Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort, and Tropicana Las Vegas, as well as the Hollywood Casino Jamul-San Diego project with the Jamul Tribe, which it operates under a management contract. The Midwest segment consists of the following properties: Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Lawrenceburg, Hollywood Casino St. Louis, and Prairie State Gaming, and includes the Company’s 50% investment in Kansas Entertainment, which owns the Hollywood Casino at Kansas Speedway.

Company Growth (employees)
Type
Public
HQ
Wyomissing, US
Founded
1972
Size (employees)
18,808 (est)
Penn National Gaming was founded in 1972 and is headquartered in Wyomissing, US

Penn National Gaming Office Locations

Penn National Gaming has an office in Wyomissing
Wyomissing, US (HQ)
200 825 Berkshire Blvd

Penn National Gaming Data and Metrics

Penn National Gaming Financial Metrics

Penn National Gaming's revenue was reported to be $818.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

818.1 m

Net income (Q1, 2017)

5.1 m

EBIT (Q1, 2017)

140.3 m

Market capitalization (15-Aug-2017)

1.9 b

Cash (31-Mar-2017)

259.5 m
Penn National Gaming's current market capitalization is $1.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.9 b2.6 b2.8 b3 b

Revenue growth, %

(11%)10%7%

General and administrative expense

463 m

Operating expense total

3.7 b2.8 b2.4 b2.5 b

EBIT

(772 m)(240.4 m)467.8 m543 m

EBIT margin, %

(26%)(9%)16%18%

Interest expense

97.1 m46 m443.1 m459.2 m

Interest income

1.4 m3.7 m11.5 m24.2 m

Pre tax profit

56.6 m

Income tax expense

(121.5 m)(38.6 m)55.9 m11.3 m

Net Income

(794.3 m)(233.2 m)686 k109.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

689.8 m683.7 m702 m739.2 m778.9 m797 m813.5 m811.2 m818.1 m

General and administrative expense

107.9 m116.5 m116.1 m118.6 m107.6 m116.5 m110 m114.4 m125.8 m

Operating expense total

107.9 m116.5 m116.1 m118.6 m107.6 m116.5 m110 m114.4 m125.8 m

EBIT

23.4 m22.8 m23.5 m34.7 m142.2 m140.5 m149.3 m139.3 m140.3 m

EBIT margin, %

3%3%3%5%18%18%18%17%17%

Interest expense

(10.9 m)(11.2 m)(12.2 m)(12.3 m)(111.4 m)(116.5 m)(114.7 m)(114.3 m)(115 m)

Interest income

790 k1 m1.9 m2.4 m3.1 m5.2 m6.6 m8.2 m2.6 m

Income tax expense

8.8 m8 m9.3 m11.2 m35.4 m7.7 m10.8 m(9.5 m)2.2 m

Net Income

4.2 m11 m16.9 m4.9 m23.7 m34 m46.5 m5.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

293 m208.7 m237 m229.5 m

Accounts Receivable

631 m

Current Assets

508.9 m386 m372.5 m399.3 m

PP&E

497.5 m769.1 m3 b2.8 b

Goodwill

492.4 m277.6 m911.9 m989.7 m

Total Assets

2.2 b2.2 b5.1 b5 b

Accounts Payable

22.6 m43.1 m72.8 m35.1 m

Current Liabilities

361.5 m435.5 m557.8 m536.3 m

Non-Current Liabilities

1.1 b1.2 b5.3 b5 b

Total Liabilities

1.4 b1.7 b5.8 b5.5 b

Common Stock

775 k786 k830 k932 k

Additional Paid-in Capital

887.6 m918.4 m988.7 m1 b

Retained Earnings

(363.4 m)(1.6 b)(1.5 b)

Total Equity

758.4 m554.5 m(678 m)

Financial Leverage

2.9 x4 x-7.6 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

251.3 m230.7 m237.7 m233.1 m223.5 m214.2 m221.4 m201.8 m259.5 m

Current Assets

497.1 m404.1 m417.2 m406.6 m373.7 m340.4 m342.7 m353 m417.1 m

PP&E

557 m745.4 m802.5 m835.5 m3 b2.9 b2.9 b2.8 b2.8 b

Goodwill

492.5 m491 m276.2 m274.8 m911.9 m911.9 m911.9 m993.6 m989.9 m

Total Assets

2.3 b2.5 b2.3 b2.3 b5.1 b5.1 b5.1 b5.3 b4.9 b

Accounts Payable

60.8 m41.7 m66.6 m73.4 m68.2 m68.1 m68.9 m60.8 m29.3 m

Current Liabilities

395.7 m440.3 m454.9 m491.5 m534.9 m530.3 m540.6 m552.9 m467.1 m

Non-Current Liabilities

1.1 b1.2 b1.3 b1.2 b5.3 b5.2 b5.2 b5.3 b5 b

Common Stock

781 k781 k791 k795 k826 k834 k849 k855 k931 k

Additional Paid-in Capital

908.3 m911.6 m929.6 m936.4 m980.9 m992.6 m1 b1 b1 b

Retained Earnings

(121.6 m)(113.6 m)(352.4 m)(335.5 m)(1.6 b)(1.6 b)(1.6 b)(1.5 b)(1.5 b)

Total Equity

787.8 m798.2 m575 m599.2 m(676.2 m)(649.1 m)

Financial Leverage

2.9 x3.1 x4 x3.9 x-7.6 x-7.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(794.3 m)(233.2 m)686 k109.3 m

Depreciation and Amortization

298.3 m179 m259.5 m271.2 m

Accounts Receivable

5 m10 m710 k(5.9 m)

Inventories

912 k(13 m)10.3 m(485 k)

Accounts Payable

(2.2 m)2 m2.1 m(7.5 m)

Cash From Operating Activities

440.8 m220 m399 m404.8 m

Cash From Investing Activities

(415 m)(375.5 m)(781 m)(79.3 m)

Long-term Borrowings

(4.1 b)(49.5 m)(115.2 m)(407.7 m)

Cash From Financing Activities

6.7 m71.2 m410.4 m(333 m)

Income Taxes Paid

69.8 m23.2 m5.1 m19.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

4.2 m11 m16.9 m4.9 m23.7 m34 m46.5 m5.1 m

Depreciation and Amortization

47.2 m40.3 m42.9 m41.8 m66.1 m66 m66.2 m67.9 m70.2 m

Accounts Payable

60.8 m41.7 m66.6 m73.4 m68.2 m68.1 m68.9 m60.8 m29.3 m
USDY, 2017

Revenue/Employee

43.5 k

Penn National Gaming Market Value History

Traffic Overview of Penn National Gaming

Penn National Gaming Online and Social Media Presence

Penn National Gaming News and Updates

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