vs

Side-by-side financial comparison of Amentum Holdings, Inc. (AMTM) and PENN Entertainment, Inc. (PENN). Click either name above to swap in a different company.

Amentum Holdings, Inc. is the larger business by last-quarter revenue ($3.2B vs $1.8B, roughly 1.8× PENN Entertainment, Inc.). Amentum Holdings, Inc. runs the higher net margin — 1.4% vs -0.2%, a 1.5% gap on every dollar of revenue. On growth, PENN Entertainment, Inc. posted the faster year-over-year revenue change (6.4% vs -5.2%). Over the past eight quarters, Amentum Holdings, Inc.'s revenue compounded faster (25.6% CAGR vs 3.4%).

Jacobs Solutions Inc. is an American international technical professional services firm based in Dallas. The company provides engineering, technical, professional, and construction services as well as scientific and specialty consulting for a broad range of clients globally, including companies, organizations, and government agencies. Jacobs has consistently ranked No. 1 on both Engineering News-Record (ENR)'s 2018, 2019, 2020, 2021, 2022, and 2023 Top 500 Design Firms and Trenchless Technolo...

Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gambling. It operates 43 properties in 20 states, under brands including Hollywood Casino, Ameristar, and Boomtown. It also owns the Canadian digital media company Score Media and Gaming.

AMTM vs PENN — Head-to-Head

Bigger by revenue
AMTM
AMTM
1.8× larger
AMTM
$3.2B
$1.8B
PENN
Growing faster (revenue YoY)
PENN
PENN
+11.6% gap
PENN
6.4%
-5.2%
AMTM
Higher net margin
AMTM
AMTM
1.5% more per $
AMTM
1.4%
-0.2%
PENN
Faster 2-yr revenue CAGR
AMTM
AMTM
Annualised
AMTM
25.6%
3.4%
PENN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AMTM
AMTM
PENN
PENN
Revenue
$3.2B
$1.8B
Net Profit
$44.0M
$-2.8M
Gross Margin
10.1%
Operating Margin
4.3%
5.5%
Net Margin
1.4%
-0.2%
Revenue YoY
-5.2%
6.4%
Net Profit YoY
266.7%
EPS (diluted)
$0.18
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMTM
AMTM
PENN
PENN
Q1 26
$3.2B
$1.8B
Q4 25
$3.9B
$1.8B
Q3 25
$1.7B
Q2 25
$3.6B
$1.8B
Q1 25
$3.5B
$1.7B
Q4 24
$3.4B
$1.7B
Q3 24
$2.2B
$1.6B
Q2 24
$2.1B
$1.7B
Net Profit
AMTM
AMTM
PENN
PENN
Q1 26
$44.0M
$-2.8M
Q4 25
$40.0M
$-72.9M
Q3 25
$-864.6M
Q2 25
$10.0M
$-17.4M
Q1 25
$4.0M
$111.8M
Q4 24
$12.0M
$-133.3M
Q3 24
$26.0M
$-36.7M
Q2 24
$-26.0M
$-26.8M
Gross Margin
AMTM
AMTM
PENN
PENN
Q1 26
10.1%
Q4 25
10.6%
Q3 25
Q2 25
10.3%
Q1 25
10.5%
Q4 24
10.6%
Q3 24
9.0%
Q2 24
9.6%
Operating Margin
AMTM
AMTM
PENN
PENN
Q1 26
4.3%
5.5%
Q4 25
3.4%
-1.0%
Q3 25
-45.2%
Q2 25
2.9%
4.4%
Q1 25
3.2%
2.6%
Q4 24
3.9%
-2.9%
Q3 24
1.2%
4.1%
Q2 24
4.2%
4.5%
Net Margin
AMTM
AMTM
PENN
PENN
Q1 26
1.4%
-0.2%
Q4 25
1.0%
-4.0%
Q3 25
-50.3%
Q2 25
0.3%
-1.0%
Q1 25
0.1%
6.7%
Q4 24
0.4%
-8.0%
Q3 24
1.2%
-2.2%
Q2 24
-1.2%
-1.6%
EPS (diluted)
AMTM
AMTM
PENN
PENN
Q1 26
$0.18
$-0.02
Q4 25
$0.16
$-0.36
Q3 25
$-6.03
Q2 25
$0.04
$-0.12
Q1 25
$0.02
$0.68
Q4 24
$0.05
$-0.87
Q3 24
$0.31
$-0.24
Q2 24
$-0.29
$-0.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMTM
AMTM
PENN
PENN
Cash + ST InvestmentsLiquidity on hand
$247.0M
$708.0M
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$4.6B
Total Assets
$11.2B
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMTM
AMTM
PENN
PENN
Q1 26
$247.0M
$708.0M
Q4 25
$437.0M
$686.6M
Q3 25
$660.1M
Q2 25
$738.0M
$671.6M
Q1 25
$546.0M
$591.6M
Q4 24
$522.0M
$706.6M
Q3 24
$452.0M
$834.0M
Q2 24
$877.6M
Total Debt
AMTM
AMTM
PENN
PENN
Q1 26
$3.9B
Q4 25
$3.9B
$2.9B
Q3 25
$2.9B
Q2 25
$4.5B
$2.8B
Q1 25
$4.7B
$2.6B
Q4 24
$4.7B
$2.8B
Q3 24
$4.7B
$2.8B
Q2 24
$2.8B
Stockholders' Equity
AMTM
AMTM
PENN
PENN
Q1 26
$4.6B
Q4 25
$4.5B
$1.8B
Q3 25
$2.0B
Q2 25
$4.5B
$3.0B
Q1 25
$4.4B
$3.0B
Q4 24
$4.5B
$2.9B
Q3 24
$4.5B
$3.1B
Q2 24
$303.0M
$3.1B
Total Assets
AMTM
AMTM
PENN
PENN
Q1 26
$11.2B
Q4 25
$11.5B
$14.3B
Q3 25
$14.3B
Q2 25
$11.8B
$15.2B
Q1 25
$12.0B
$15.1B
Q4 24
$11.9B
$15.3B
Q3 24
$12.0B
$15.5B
Q2 24
$15.5B
Debt / Equity
AMTM
AMTM
PENN
PENN
Q1 26
0.86×
Q4 25
0.88×
1.58×
Q3 25
1.46×
Q2 25
1.01×
0.94×
Q1 25
1.06×
0.89×
Q4 24
1.05×
0.98×
Q3 24
1.05×
0.91×
Q2 24
0.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMTM
AMTM
PENN
PENN
Operating Cash FlowLast quarter
$-136.0M
Free Cash FlowOCF − Capex
$-142.0M
FCF MarginFCF / Revenue
-4.4%
Capex IntensityCapex / Revenue
0.2%
5.3%
Cash ConversionOCF / Net Profit
-3.09×
TTM Free Cash FlowTrailing 4 quarters
$272.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMTM
AMTM
PENN
PENN
Q1 26
$-136.0M
Q4 25
$270.0M
$107.2M
Q3 25
$180.9M
Q2 25
$106.0M
$178.2M
Q1 25
$57.0M
$41.9M
Q4 24
$110.0M
$102.9M
Q3 24
$174.7M
Q2 24
$150.4M
Free Cash Flow
AMTM
AMTM
PENN
PENN
Q1 26
$-142.0M
Q4 25
$261.0M
$-83.2M
Q3 25
$8.2M
Q2 25
$100.0M
$18.8M
Q1 25
$53.0M
$-83.3M
Q4 24
$102.0M
$-118.1M
Q3 24
$42.6M
Q2 24
$62.2M
FCF Margin
AMTM
AMTM
PENN
PENN
Q1 26
-4.4%
Q4 25
6.6%
-4.6%
Q3 25
0.5%
Q2 25
2.8%
1.1%
Q1 25
1.5%
-5.0%
Q4 24
3.0%
-7.1%
Q3 24
2.6%
Q2 24
3.7%
Capex Intensity
AMTM
AMTM
PENN
PENN
Q1 26
0.2%
5.3%
Q4 25
0.2%
10.5%
Q3 25
10.1%
Q2 25
0.2%
9.0%
Q1 25
0.1%
7.5%
Q4 24
0.2%
13.2%
Q3 24
8.1%
Q2 24
5.3%
Cash Conversion
AMTM
AMTM
PENN
PENN
Q1 26
-3.09×
Q4 25
6.75×
Q3 25
Q2 25
10.60×
Q1 25
14.25×
0.37×
Q4 24
9.17×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMTM
AMTM

Global Engineering Solutions Segment$1.9B59%
Other U.S.Government Agencies$400.0M12%
Fixed Price Contract$380.0M12%
Commercial And International$226.0M7%
Time And Materials Contract$171.0M5%
Sales Channel Through Intermediary$78.0M2%
Equity Method Investee$50.0M2%

PENN
PENN

Northeast segment (1)$687.1M39%
Interactive (5)$358.3M20%
Midwest segment (4)$305.9M17%
South segment (2)$281.3M16%
West segment (3)$145.8M8%

Related Comparisons