Penn Entertainment vs Wynn Resorts
Wynn Resorts reported revenue of $7.1 billion in fiscal 2025, about the same as Penn Entertainment's $7.0 billion in fiscal 2025. Penn Entertainment's revenue grew 5.8% in its latest year, and Wynn Resorts' grew 0.1%. Penn Entertainment had an operating margin of -9.7%, against 15.7% at Wynn Resorts. Free cash flow was −$140 million at Penn Entertainment and $692 million at Wynn Resorts.
Side by side
| Penn Entertainment | Wynn Resorts | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $7.0B | $7.1B |
| Revenue growth | 5.8% | 0.1% |
| Revenue growth a year, last 5 years | 14.2% | 27.8% |
| Gross margin | — | — |
| Operating margin | −9.7% | 15.7% |
| Net margin | −12.1% | 4.6% |
| Free cash flow | −$140M | $692M |
| Free cash flow margin | −2.0% | 9.7% |
| Return on capital | −8.1% | 11.6% |
| Net debt to EBITDA | — | 5.3x |
| Dividends and buybacks | $354M | $555M |
| Change in diluted share count | −4.9% | −5.5% |
| Last close | $14.90 | $74.20 |
| P/E at the last close | — | 17.8× |
| Insider trades, last 12 months | bought $1.0 million, sold $115,891 | — |
| Piotroski F-score | 4 of 8 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Penn EntertainmentWynn Resorts
Operating margin
Percent of revenue
Penn EntertainmentWynn Resorts
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Penn EntertainmentWynn Resorts
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Penn Entertainment and Wynn Resorts pages.