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Side-by-side financial comparison of PENN Entertainment, Inc. (PENN) and SONOCO PRODUCTS CO (SON). Click either name above to swap in a different company.

PENN Entertainment, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.7B, roughly 1.1× SONOCO PRODUCTS CO). SONOCO PRODUCTS CO runs the higher net margin — 4.1% vs -0.2%, a 4.2% gap on every dollar of revenue. On growth, PENN Entertainment, Inc. posted the faster year-over-year revenue change (6.4% vs -1.9%). Over the past eight quarters, PENN Entertainment, Inc.'s revenue compounded faster (3.4% CAGR vs 1.2%).

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.

Sonoco Products Company is an American provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, S...

PENN vs SON — Head-to-Head

Bigger by revenue
PENN
PENN
1.1× larger
PENN
$1.8B
$1.7B
SON
Growing faster (revenue YoY)
PENN
PENN
+8.3% gap
PENN
6.4%
-1.9%
SON
Higher net margin
SON
SON
4.2% more per $
SON
4.1%
-0.2%
PENN
Faster 2-yr revenue CAGR
PENN
PENN
Annualised
PENN
3.4%
1.2%
SON

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PENN
PENN
SON
SON
Revenue
$1.8B
$1.7B
Net Profit
$-2.8M
$68.0M
Gross Margin
20.6%
Operating Margin
5.5%
7.6%
Net Margin
-0.2%
4.1%
Revenue YoY
6.4%
-1.9%
Net Profit YoY
24.1%
EPS (diluted)
$-0.02
$0.68

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
SON
SON
Q1 26
$1.8B
$1.7B
Q4 25
$1.8B
$1.8B
Q3 25
$1.7B
$2.1B
Q2 25
$1.8B
$1.9B
Q1 25
$1.7B
$1.7B
Q4 24
$1.7B
Q3 24
$1.6B
$1.7B
Q2 24
$1.7B
$1.6B
Net Profit
PENN
PENN
SON
SON
Q1 26
$-2.8M
$68.0M
Q4 25
$-72.9M
$332.2M
Q3 25
$-864.6M
$122.9M
Q2 25
$-17.4M
$493.4M
Q1 25
$111.8M
$54.4M
Q4 24
$-133.3M
Q3 24
$-36.7M
$50.9M
Q2 24
$-26.8M
$90.8M
Gross Margin
PENN
PENN
SON
SON
Q1 26
20.6%
Q4 25
19.6%
Q3 25
21.9%
Q2 25
21.3%
Q1 25
20.7%
Q4 24
Q3 24
21.4%
Q2 24
22.0%
Operating Margin
PENN
PENN
SON
SON
Q1 26
5.5%
7.6%
Q4 25
-1.0%
29.4%
Q3 25
-45.2%
9.1%
Q2 25
4.4%
9.2%
Q1 25
2.6%
7.4%
Q4 24
-2.9%
Q3 24
4.1%
7.6%
Q2 24
4.5%
8.6%
Net Margin
PENN
PENN
SON
SON
Q1 26
-0.2%
4.1%
Q4 25
-4.0%
18.8%
Q3 25
-50.3%
5.8%
Q2 25
-1.0%
25.8%
Q1 25
6.7%
3.2%
Q4 24
-8.0%
Q3 24
-2.2%
3.0%
Q2 24
-1.6%
5.6%
EPS (diluted)
PENN
PENN
SON
SON
Q1 26
$-0.02
$0.68
Q4 25
$-0.36
$3.33
Q3 25
$-6.03
$1.23
Q2 25
$-0.12
$4.96
Q1 25
$0.68
$0.55
Q4 24
$-0.87
Q3 24
$-0.24
$0.51
Q2 24
$-0.18
$0.92

Balance Sheet & Financial Strength

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

Metric
PENN
PENN
SON
SON
Cash + ST InvestmentsLiquidity on hand
$708.0M
$224.5M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$3.6B
Total Assets
$11.1B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PENN
PENN
SON
SON
Q1 26
$708.0M
$224.5M
Q4 25
$686.6M
$378.4M
Q3 25
$660.1M
$244.9M
Q2 25
$671.6M
$329.8M
Q1 25
$591.6M
$181.8M
Q4 24
$706.6M
Q3 24
$834.0M
$1.9B
Q2 24
$877.6M
$140.2M
Total Debt
PENN
PENN
SON
SON
Q1 26
$3.5B
Q4 25
$2.9B
$3.8B
Q3 25
$2.9B
$3.8B
Q2 25
$2.8B
$5.0B
Q1 25
$2.6B
$5.0B
Q4 24
$2.8B
Q3 24
$2.8B
$4.3B
Q2 24
$2.8B
$2.5B
Stockholders' Equity
PENN
PENN
SON
SON
Q1 26
$3.6B
Q4 25
$1.8B
$3.6B
Q3 25
$2.0B
$3.3B
Q2 25
$3.0B
$3.2B
Q1 25
$3.0B
$2.4B
Q4 24
$2.9B
Q3 24
$3.1B
$2.5B
Q2 24
$3.1B
$2.4B
Total Assets
PENN
PENN
SON
SON
Q1 26
$11.1B
Q4 25
$14.3B
$11.2B
Q3 25
$14.3B
$11.7B
Q2 25
$15.2B
$12.0B
Q1 25
$15.1B
$12.7B
Q4 24
$15.3B
Q3 24
$15.5B
$9.0B
Q2 24
$15.5B
$7.2B
Debt / Equity
PENN
PENN
SON
SON
Q1 26
0.97×
Q4 25
1.58×
1.05×
Q3 25
1.46×
1.15×
Q2 25
0.94×
1.54×
Q1 25
0.89×
2.03×
Q4 24
0.98×
Q3 24
0.91×
1.74×
Q2 24
0.91×
1.04×

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
SON
SON
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-428.3B
FCF MarginFCF / Revenue
-25554.2%
Capex IntensityCapex / Revenue
5.3%
3601.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-427.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PENN
PENN
SON
SON
Q1 26
Q4 25
$107.2M
$412.9M
Q3 25
$180.9M
$291.5M
Q2 25
$178.2M
$193.4M
Q1 25
$41.9M
$-208.1M
Q4 24
$102.9M
Q3 24
$174.7M
$162.1M
Q2 24
$150.4M
$109.3M
Free Cash Flow
PENN
PENN
SON
SON
Q1 26
$-428.3B
Q4 25
$-83.2M
$322.3M
Q3 25
$8.2M
$225.6M
Q2 25
$18.8M
$98.6M
Q1 25
$-83.3M
$-300.8M
Q4 24
$-118.1M
Q3 24
$42.6M
$70.5M
Q2 24
$62.2M
$16.0M
FCF Margin
PENN
PENN
SON
SON
Q1 26
-25554.2%
Q4 25
-4.6%
18.2%
Q3 25
0.5%
10.6%
Q2 25
1.1%
5.2%
Q1 25
-5.0%
-17.6%
Q4 24
-7.1%
Q3 24
2.6%
4.2%
Q2 24
3.7%
1.0%
Capex Intensity
PENN
PENN
SON
SON
Q1 26
5.3%
3601.4%
Q4 25
10.5%
5.1%
Q3 25
10.1%
3.1%
Q2 25
9.0%
5.0%
Q1 25
7.5%
5.4%
Q4 24
13.2%
Q3 24
8.1%
5.5%
Q2 24
5.3%
5.7%
Cash Conversion
PENN
PENN
SON
SON
Q1 26
Q4 25
1.24×
Q3 25
2.37×
Q2 25
0.39×
Q1 25
0.37×
-3.82×
Q4 24
Q3 24
3.18×
Q2 24
1.20×

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%

SON
SON

Consumer Packaging$1.1B65%
Industrial Paper Packaging$579.4M35%
All Other$55.1M3%

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