PENN vs WYNN
Penn Entertainment, Inc. and Wynn Resorts Ltd., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PENN | WYNN |
|---|---|---|
| Revenue | $7.0B | $7.1B |
| Net income | $-843.1M | $327.3M |
| Gross margin | · | · |
| Net margin | −12.1% | 5.7% |
| Return on equity | −35.9% | · |
| Diluted EPS | −$5.83 | $3.14 |
| Dividend / share | · | · |
| Payout ratio | · | 53.4% |
| Free cash flow | · | $692.2M |
| Equity | $1.8B | $-275.5M |
| Net debt / equity | 1.20× | · |
| Current ratio | 0.79× | 1.63× |
| Revenue CAGR 5y | 14.2% | 27.8% |
| Profit CAGR 5y | · | · |
PENN and WYNN book revenue within 15% of each other, and PENN closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | PENN | WYNN |
|---|---|---|
| FY2025 | $7.0B | $7.1B |
| FY2024 | $6.6B | $7.1B |
| FY2023 | $6.4B | $6.5B |
| FY2022 | $6.4B | $3.8B |
| FY2021 | $5.9B | $3.8B |
| FY2020 | $3.6B | $2.1B |
| FY2019 | $5.3B | $6.6B |
| FY2018 | $3.6B | $6.7B |
| FY2017 | $3.3B | $6.1B |
| FY2016 | $3.2B | $4.3B |
Bottom line
| Fiscal year | PENN | WYNN |
|---|---|---|
| FY2025 | $-843.1M | $327.3M |
| FY2024 | $-311.5M | $501.1M |
| FY2023 | $-490.0M | $730.0M |
| FY2022 | $222.1M | $-423.9M |
| FY2021 | $420.8M | $-755.8M |
| FY2020 | $-669.5M | $-2.1B |
| FY2019 | $43.9M | $123.0M |
| FY2018 | $93.5M | $572.4M |
| FY2017 | $473.4M | $747.2M |
| FY2016 | $109.3M | $242.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$176,924,000 | WYNN |
| FY2024 | −$549,861,000 | WYNN |
| FY2023 | −$168,997,000 | WYNN |
| FY2022 | +$2,644,875,000 | PENN |
| FY2021 | +$2,141,336,000 | PENN |
| FY2020 | +$1,482,839,000 | PENN |
| FY2019 | −$1,309,699,000 | WYNN |
| FY2018 | −$3,129,760,000 | WYNN |
| FY2017 | −$2,738,660,000 | WYNN |
| FY2016 | −$1,136,756,000 | WYNN |
| FY2015 | −$1,237,525,000 | WYNN |
| FY2014 | −$2,843,134,000 | WYNN |
| FY2013 | −$2,843,050,000 | WYNN |
| FY2012 | −$2,465,462,000 | WYNN |
| FY2011 | −$2,527,535,000 | WYNN |
| FY2010 | −$1,725,587,000 | WYNN |
| FY2009 | −$676,336,000 | WYNN |
| FY2008 | −$564,271,000 | WYNN |
The higher-revenue side has changed between PENN and WYNN over this period. The gap has narrowed since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −17.9 pp | WYNN |
| FY2024 | −13.7 pp | WYNN |
| FY2023 | −19.7 pp | WYNN |
| FY2022 | +22.3 pp | PENN |
| FY2021 | +34.0 pp | PENN |
| FY2020 | +92.3 pp | PENN |
| FY2019 | −3.9 pp | WYNN |
| FY2018 | −9.3 pp | WYNN |
| FY2017 | −0.4 pp | WYNN |
| FY2016 | −3.6 pp | WYNN |
| FY2015 | −6.9 pp | WYNN |
| FY2014 | −24.8 pp | WYNN |
| FY2013 | −38.8 pp | WYNN |
| FY2012 | −6.3 pp | WYNN |
| FY2011 | −6.8 pp | WYNN |
| FY2010 | −10.1 pp | WYNN |
| FY2009 | −12.6 pp | WYNN |
| FY2008 | −13.4 pp | WYNN |
The higher net margin has changed hands between PENN and WYNN over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WYNN's net margin has been more volatile than PENN's over the 18 comparable fiscal years — 29.2 percentage points of standard deviation against 9.3.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between PENN and WYNN over these 18 fiscal years — PENN led in 3 and WYNN in 15.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WYNN's return on equity has been more volatile than PENN's over the 5 comparable fiscal years — 9.5 percentage points of standard deviation against 9.1.
5 of 14 comparable fiscal years — a year missing data on either side is not counted.
Year by year
WYNN led in return on equity in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 14 comparable fiscal years — a year missing data on either side is not counted.