Pinnacle Entertainment

Pinnacle Entertainment is a dynamic and growing casino entertainment company with nearly 15,000 team members. In 2013, Pinnacle acquired Ameristar Casinos, expanding its portfolio to operate in nine states with 16 locations including 14 casinos and two racetracks. Our company’s culture is guided by our values - Integrity, Care, Excellence, Innovation and Ownership. It’s through these values that we fulfill our commitment to remain focused on doing the very best for our team members, guests and shareholders. At Pinnacle Entertainment, the future is at the forefront. We focus on thoughtful organic growth in our existing locations and expanding our family of destinations by seeking new opportunities and partnerships.  It’s through talented and dedicated team members that we achieve our mission of becoming the Best Casino Entertainment Company in the World ®. Creating an environment where everyone can bring their best self to work every day, is a top priority.

Type
Public
HQ
Las Vegas, US
Founded
1938
Size (employees)
14,726 (est)
Website
pnkinc.com
Pinnacle Entertainment was founded in 1938 and is headquartered in Las Vegas, US

Pinnacle Entertainment Office Locations

Pinnacle Entertainment has an office in Las Vegas
Las Vegas, US (HQ)
3980 Howard Hughes Pkwy

Pinnacle Entertainment Financials and Metrics

Pinnacle Entertainment Financials

Pinnacle Entertainment's revenue was reported to be $2.4 b in FY, 2016
USD

Revenue (Q2, 2017)

653.6 m

Net income (Q2, 2017)

8.4 m

EBIT (Q2, 2017)

106.5 m

Market capitalization (11-Dec-2017)

1.9 b

Cash (30-Jun-2017)

159.1 m

EV

1.8 b
Pinnacle Entertainment's current market capitalization is $1.9 b.
USDFY, 2016

Revenue

2.4 b

Net Income

(457.4 m)
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

580 m566.2 m595.2 m640 m653.6 m

General and administrative expense

104.9 m127 m109 m112.6 m114.7 m

Operating expense total

104.9 m127 m109 m112.6 m114.7 m

EBIT

105.7 m(433.8 m)97.3 m111 m106.5 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

121.3 m119.4 m154.8 m149.2 m159.1 m

Inventories

9.7 m9.4 m10.3 m10.4 m10.6 m

Current Assets

190.5 m199.5 m226.4 m221.2 m237.2 m

Goodwill

914.5 m581.6 m611.6 m610.9 m610.9 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

41 m(447.9 m)(448.4 m)17.2 m25.6 m

Depreciation and Amortization

54.1 m108.1 m162.4 m56 m112.2 m

Cash From Operating Activities

85.5 m87.1 m165.6 m20.2 m91 m

Capital Expenditures

(21.9 m)(47.6 m)(73.1 m)(16.9 m)(38.7 m)
Y, 2017

EV/EBIT

16.8 x

EV/CFO

19.6 x

EV/FCF

34.1 x
Show all financial metrics

Pinnacle Entertainment Market Value History

Pinnacle Entertainment's Web-traffic and Trends

Pinnacle Entertainment Company Life and Culture

You may also be interested in