vs

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

Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× PENN Entertainment, Inc.). Roper Technologies runs the higher net margin — 15.8% vs -0.2%, a 16.0% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 6.4%). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% 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.

PENN vs ROP — Head-to-Head

Bigger by revenue
ROP
ROP
1.2× larger
ROP
$2.1B
$1.8B
PENN
Growing faster (revenue YoY)
ROP
ROP
+4.9% gap
ROP
11.3%
6.4%
PENN
Higher net margin
ROP
ROP
16.0% more per $
ROP
15.8%
-0.2%
PENN
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
3.4%
PENN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PENN
PENN
ROP
ROP
Revenue
$1.8B
$2.1B
Net Profit
$-2.8M
$331.0M
Gross Margin
69.4%
Operating Margin
5.5%
27.2%
Net Margin
-0.2%
15.8%
Revenue YoY
6.4%
11.3%
Net Profit YoY
53.7%
EPS (diluted)
$-0.02
$4.87

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
ROP
ROP
Q1 26
$1.8B
$2.1B
Q4 25
$1.8B
$2.1B
Q3 25
$1.7B
$2.0B
Q2 25
$1.8B
$1.9B
Q1 25
$1.7B
$1.9B
Q4 24
$1.7B
$1.9B
Q3 24
$1.6B
$1.8B
Q2 24
$1.7B
$1.7B
Net Profit
PENN
PENN
ROP
ROP
Q1 26
$-2.8M
$331.0M
Q4 25
$-72.9M
$428.4M
Q3 25
$-864.6M
$398.5M
Q2 25
$-17.4M
$378.3M
Q1 25
$111.8M
$331.1M
Q4 24
$-133.3M
$462.3M
Q3 24
$-36.7M
$367.9M
Q2 24
$-26.8M
$337.1M
Gross Margin
PENN
PENN
ROP
ROP
Q1 26
69.4%
Q4 25
69.5%
Q3 25
69.5%
Q2 25
69.2%
Q1 25
68.7%
Q4 24
68.3%
Q3 24
69.2%
Q2 24
69.5%
Operating Margin
PENN
PENN
ROP
ROP
Q1 26
5.5%
27.2%
Q4 25
-1.0%
28.6%
Q3 25
-45.2%
28.4%
Q2 25
4.4%
28.2%
Q1 25
2.6%
27.9%
Q4 24
-2.9%
28.0%
Q3 24
4.1%
28.1%
Q2 24
4.5%
28.8%
Net Margin
PENN
PENN
ROP
ROP
Q1 26
-0.2%
15.8%
Q4 25
-4.0%
20.8%
Q3 25
-50.3%
19.8%
Q2 25
-1.0%
19.5%
Q1 25
6.7%
17.6%
Q4 24
-8.0%
24.6%
Q3 24
-2.2%
20.8%
Q2 24
-1.6%
19.6%
EPS (diluted)
PENN
PENN
ROP
ROP
Q1 26
$-0.02
$4.87
Q4 25
$-0.36
$3.97
Q3 25
$-6.03
$3.68
Q2 25
$-0.12
$3.49
Q1 25
$0.68
$3.06
Q4 24
$-0.87
$4.29
Q3 24
$-0.24
$3.40
Q2 24
$-0.18
$3.12

Balance Sheet & Financial Strength

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

Metric
PENN
PENN
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$708.0M
$382.9M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$18.8B
Total Assets
$34.6B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PENN
PENN
ROP
ROP
Q1 26
$708.0M
$382.9M
Q4 25
$686.6M
$297.4M
Q3 25
$660.1M
$320.0M
Q2 25
$671.6M
$242.4M
Q1 25
$591.6M
$372.8M
Q4 24
$706.6M
$188.2M
Q3 24
$834.0M
$269.6M
Q2 24
$877.6M
$251.5M
Total Debt
PENN
PENN
ROP
ROP
Q1 26
$9.7B
Q4 25
$2.9B
$9.3B
Q3 25
$2.9B
Q2 25
$2.8B
Q1 25
$2.6B
Q4 24
$2.8B
$7.6B
Q3 24
$2.8B
Q2 24
$2.8B
Stockholders' Equity
PENN
PENN
ROP
ROP
Q1 26
$18.8B
Q4 25
$1.8B
$19.9B
Q3 25
$2.0B
$20.0B
Q2 25
$3.0B
$19.6B
Q1 25
$3.0B
$19.2B
Q4 24
$2.9B
$18.9B
Q3 24
$3.1B
$18.5B
Q2 24
$3.1B
$18.1B
Total Assets
PENN
PENN
ROP
ROP
Q1 26
$34.6B
Q4 25
$14.3B
$34.6B
Q3 25
$14.3B
$34.6B
Q2 25
$15.2B
$33.2B
Q1 25
$15.1B
$31.4B
Q4 24
$15.3B
$31.3B
Q3 24
$15.5B
$31.6B
Q2 24
$15.5B
$29.8B
Debt / Equity
PENN
PENN
ROP
ROP
Q1 26
0.52×
Q4 25
1.58×
0.47×
Q3 25
1.46×
Q2 25
0.94×
Q1 25
0.89×
Q4 24
0.98×
0.40×
Q3 24
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
PENN
PENN
ROP
ROP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$507.0M
FCF MarginFCF / Revenue
24.2%
Capex IntensityCapex / Revenue
5.3%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PENN
PENN
ROP
ROP
Q1 26
Q4 25
$107.2M
$738.0M
Q3 25
$180.9M
$869.5M
Q2 25
$178.2M
$404.1M
Q1 25
$41.9M
$528.7M
Q4 24
$102.9M
$722.2M
Q3 24
$174.7M
$755.4M
Q2 24
$150.4M
$384.1M
Free Cash Flow
PENN
PENN
ROP
ROP
Q1 26
$507.0M
Q4 25
$-83.2M
Q3 25
$8.2M
Q2 25
$18.8M
Q1 25
$-83.3M
Q4 24
$-118.1M
Q3 24
$42.6M
Q2 24
$62.2M
FCF Margin
PENN
PENN
ROP
ROP
Q1 26
24.2%
Q4 25
-4.6%
Q3 25
0.5%
Q2 25
1.1%
Q1 25
-5.0%
Q4 24
-7.1%
Q3 24
2.6%
Q2 24
3.7%
Capex Intensity
PENN
PENN
ROP
ROP
Q1 26
5.3%
0.5%
Q4 25
10.5%
Q3 25
10.1%
Q2 25
9.0%
Q1 25
7.5%
Q4 24
13.2%
Q3 24
8.1%
Q2 24
5.3%
Cash Conversion
PENN
PENN
ROP
ROP
Q1 26
Q4 25
1.72×
Q3 25
2.18×
Q2 25
1.07×
Q1 25
0.37×
1.60×
Q4 24
1.56×
Q3 24
2.05×
Q2 24
1.14×

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%

ROP
ROP

Segment breakdown not available.

Related Comparisons