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Side-by-side financial comparison of PENN Entertainment, Inc. (PENN) and Reynolds Consumer Products Inc. (REYN). Click either name above to swap in a different company.

PENN Entertainment, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.0B, roughly 1.7× Reynolds Consumer Products Inc.). Reynolds Consumer Products Inc. runs the higher net margin — 11.4% vs -0.2%, a 11.6% gap on every dollar of revenue. On growth, PENN Entertainment, Inc. posted the faster year-over-year revenue change (6.4% vs 1.2%). Over the past eight quarters, Reynolds Consumer Products Inc.'s revenue compounded faster (11.4% CAGR vs 3.4%).

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.

The Rival Company is an American manufacturer of small appliances that produces products under the Bionaire, Crock-Pot, Fasco, Patton, Pollenex, Rival, Simer, and White Mountain brands. It became a wholly owned subsidiary of Holmes Products Corp. in 1999, and later became a brand of Sunbeam Products, a subsidiary of Jarden Corporation, which purchased Holmes in 2005. Jarden, in turn, merged with Newell Rubbermaid in 2016. It is now part of the Newell Brands company.

PENN vs REYN — Head-to-Head

Bigger by revenue
PENN
PENN
1.7× larger
PENN
$1.8B
$1.0B
REYN
Growing faster (revenue YoY)
PENN
PENN
+5.2% gap
PENN
6.4%
1.2%
REYN
Higher net margin
REYN
REYN
11.6% more per $
REYN
11.4%
-0.2%
PENN
Faster 2-yr revenue CAGR
REYN
REYN
Annualised
REYN
11.4%
3.4%
PENN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PENN
PENN
REYN
REYN
Revenue
$1.8B
$1.0B
Net Profit
$-2.8M
$118.0M
Gross Margin
25.7%
Operating Margin
5.5%
14.8%
Net Margin
-0.2%
11.4%
Revenue YoY
6.4%
1.2%
Net Profit YoY
-1.7%
EPS (diluted)
$-0.02
$0.55

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
PENN
PENN
REYN
REYN
Q1 26
$1.8B
Q4 25
$1.8B
$1.0B
Q3 25
$1.7B
$931.0M
Q2 25
$1.8B
$938.0M
Q1 25
$1.7B
$818.0M
Q4 24
$1.7B
$1.0B
Q3 24
$1.6B
$910.0M
Q2 24
$1.7B
$930.0M
Net Profit
PENN
PENN
REYN
REYN
Q1 26
$-2.8M
Q4 25
$-72.9M
$118.0M
Q3 25
$-864.6M
$79.0M
Q2 25
$-17.4M
$73.0M
Q1 25
$111.8M
$31.0M
Q4 24
$-133.3M
$120.0M
Q3 24
$-36.7M
$86.0M
Q2 24
$-26.8M
$97.0M
Gross Margin
PENN
PENN
REYN
REYN
Q1 26
Q4 25
25.7%
Q3 25
25.0%
Q2 25
24.1%
Q1 25
23.1%
Q4 24
27.6%
Q3 24
26.3%
Q2 24
27.5%
Operating Margin
PENN
PENN
REYN
REYN
Q1 26
5.5%
Q4 25
-1.0%
14.8%
Q3 25
-45.2%
11.0%
Q2 25
4.4%
10.2%
Q1 25
2.6%
5.1%
Q4 24
-2.9%
15.5%
Q3 24
4.1%
12.4%
Q2 24
4.5%
12.4%
Net Margin
PENN
PENN
REYN
REYN
Q1 26
-0.2%
Q4 25
-4.0%
11.4%
Q3 25
-50.3%
8.5%
Q2 25
-1.0%
7.8%
Q1 25
6.7%
3.8%
Q4 24
-8.0%
11.7%
Q3 24
-2.2%
9.5%
Q2 24
-1.6%
10.4%
EPS (diluted)
PENN
PENN
REYN
REYN
Q1 26
$-0.02
Q4 25
$-0.36
$0.55
Q3 25
$-6.03
$0.38
Q2 25
$-0.12
$0.35
Q1 25
$0.68
$0.15
Q4 24
$-0.87
$0.57
Q3 24
$-0.24
$0.41
Q2 24
$-0.18
$0.46

Balance Sheet & Financial Strength

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

Metric
PENN
PENN
REYN
REYN
Cash + ST InvestmentsLiquidity on hand
$708.0M
$147.0M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$2.3B
Total Assets
$4.9B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PENN
PENN
REYN
REYN
Q1 26
$708.0M
Q4 25
$686.6M
$147.0M
Q3 25
$660.1M
$53.0M
Q2 25
$671.6M
$57.0M
Q1 25
$591.6M
$58.0M
Q4 24
$706.6M
$137.0M
Q3 24
$834.0M
$96.0M
Q2 24
$877.6M
$101.0M
Total Debt
PENN
PENN
REYN
REYN
Q1 26
Q4 25
$2.9B
$1.6B
Q3 25
$2.9B
$1.6B
Q2 25
$2.8B
$1.6B
Q1 25
$2.6B
$1.6B
Q4 24
$2.8B
$1.7B
Q3 24
$2.8B
$1.7B
Q2 24
$2.8B
$1.8B
Stockholders' Equity
PENN
PENN
REYN
REYN
Q1 26
Q4 25
$1.8B
$2.3B
Q3 25
$2.0B
$2.2B
Q2 25
$3.0B
$2.1B
Q1 25
$3.0B
$2.1B
Q4 24
$2.9B
$2.1B
Q3 24
$3.1B
$2.1B
Q2 24
$3.1B
$2.0B
Total Assets
PENN
PENN
REYN
REYN
Q1 26
Q4 25
$14.3B
$4.9B
Q3 25
$14.3B
$4.9B
Q2 25
$15.2B
$4.9B
Q1 25
$15.1B
$4.8B
Q4 24
$15.3B
$4.9B
Q3 24
$15.5B
$4.8B
Q2 24
$15.5B
$4.9B
Debt / Equity
PENN
PENN
REYN
REYN
Q1 26
Q4 25
1.58×
0.70×
Q3 25
1.46×
0.75×
Q2 25
0.94×
0.76×
Q1 25
0.89×
0.77×
Q4 24
0.98×
0.79×
Q3 24
0.91×
0.84×
Q2 24
0.91×
0.87×

Cash Flow & Capital Efficiency

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

Metric
PENN
PENN
REYN
REYN
Operating Cash FlowLast quarter
$237.0M
Free Cash FlowOCF − Capex
$200.0M
FCF MarginFCF / Revenue
19.3%
Capex IntensityCapex / Revenue
5.3%
3.6%
Cash ConversionOCF / Net Profit
2.01×
TTM Free Cash FlowTrailing 4 quarters
$316.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PENN
PENN
REYN
REYN
Q1 26
Q4 25
$107.2M
$237.0M
Q3 25
$180.9M
$93.0M
Q2 25
$178.2M
$91.0M
Q1 25
$41.9M
$56.0M
Q4 24
$102.9M
$182.0M
Q3 24
$174.7M
$124.0M
Q2 24
$150.4M
$84.0M
Free Cash Flow
PENN
PENN
REYN
REYN
Q1 26
Q4 25
$-83.2M
$200.0M
Q3 25
$8.2M
$48.0M
Q2 25
$18.8M
$51.0M
Q1 25
$-83.3M
$17.0M
Q4 24
$-118.1M
$141.0M
Q3 24
$42.6M
$93.0M
Q2 24
$62.2M
$65.0M
FCF Margin
PENN
PENN
REYN
REYN
Q1 26
Q4 25
-4.6%
19.3%
Q3 25
0.5%
5.2%
Q2 25
1.1%
5.4%
Q1 25
-5.0%
2.1%
Q4 24
-7.1%
13.8%
Q3 24
2.6%
10.2%
Q2 24
3.7%
7.0%
Capex Intensity
PENN
PENN
REYN
REYN
Q1 26
5.3%
Q4 25
10.5%
3.6%
Q3 25
10.1%
4.8%
Q2 25
9.0%
4.3%
Q1 25
7.5%
4.8%
Q4 24
13.2%
4.0%
Q3 24
8.1%
3.4%
Q2 24
5.3%
2.0%
Cash Conversion
PENN
PENN
REYN
REYN
Q1 26
Q4 25
2.01×
Q3 25
1.18×
Q2 25
1.25×
Q1 25
0.37×
1.81×
Q4 24
1.52×
Q3 24
1.44×
Q2 24
0.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

REYN
REYN

Reynolds Cooking And Baking$397.0M38%
Hefty Waste And Storage$247.0M24%
Tableware Products$229.0M22%
Presto Products$164.0M16%

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