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PENN Entertainment, Inc.（PENN）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
PENN Entertainment, Inc.的季度营收约是Rivian Automotive, Inc.的1.4倍（$1.8B vs $1.3B），PENN Entertainment, Inc.净利率更高（-0.2% vs -63.1%，领先62.9%），PENN Entertainment, Inc.同比增速更快（6.4% vs -25.8%），过去两年PENN Entertainment, Inc.的营收复合增速更高（3.4% vs 3.3%）
Penn Entertainment, Inc.（前称宾州国家博彩）是美国知名娱乐企业，业务涵盖综合娱乐运营、体育内容供给及赌场博彩服务，旗下运营好莱坞赌场、Ameristar、Boomtown等品牌，在全美20个州拥有43处经营场所，同时持有加拿大数字媒体企业Score Media and Gaming的所有权。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
PENN vs RIVN — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.3B |
| 净利润 | $-2.8M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 5.5% | -64.8% |
| 净利率 | -0.2% | -63.1% |
| 营收同比 | 6.4% | -25.8% |
| 净利润同比 | — | -9.0% |
| 每股收益（稀释后） | $-0.02 | $-0.66 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $1.7B | $1.6B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $1.6B | $874.0M | ||
| Q2 24 | $1.7B | $1.2B |
| Q1 26 | $-2.8M | — | ||
| Q4 25 | $-72.9M | $-811.0M | ||
| Q3 25 | $-864.6M | $-1.2B | ||
| Q2 25 | $-17.4M | $-1.1B | ||
| Q1 25 | $111.8M | $-545.0M | ||
| Q4 24 | $-133.3M | $-744.0M | ||
| Q3 24 | $-36.7M | $-1.1B | ||
| Q2 24 | $-26.8M | $-1.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% |
| Q1 26 | 5.5% | — | ||
| Q4 25 | -1.0% | -64.8% | ||
| Q3 25 | -45.2% | -63.1% | ||
| Q2 25 | 4.4% | -85.5% | ||
| Q1 25 | 2.6% | -52.8% | ||
| Q4 24 | -2.9% | -38.1% | ||
| Q3 24 | 4.1% | -133.8% | ||
| Q2 24 | 4.5% | -118.7% |
| Q1 26 | -0.2% | — | ||
| Q4 25 | -4.0% | -63.1% | ||
| Q3 25 | -50.3% | -75.3% | ||
| Q2 25 | -1.0% | -85.7% | ||
| Q1 25 | 6.7% | -44.0% | ||
| Q4 24 | -8.0% | -42.9% | ||
| Q3 24 | -2.2% | -125.9% | ||
| Q2 24 | -1.6% | -125.8% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $-0.36 | $-0.66 | ||
| Q3 25 | $-6.03 | $-0.96 | ||
| Q2 25 | $-0.12 | $-0.97 | ||
| Q1 25 | $0.68 | $-0.48 | ||
| Q4 24 | $-0.87 | $-0.67 | ||
| Q3 24 | $-0.24 | $-1.08 | ||
| Q2 24 | $-0.18 | $-1.46 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $708.0M | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $4.6B |
| 总资产 | — | $14.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | $708.0M | — | ||
| Q4 25 | $686.6M | $6.1B | ||
| Q3 25 | $660.1M | $7.1B | ||
| Q2 25 | $671.6M | $7.5B | ||
| Q1 25 | $591.6M | $7.2B | ||
| Q4 24 | $706.6M | $7.7B | ||
| Q3 24 | $834.0M | $6.7B | ||
| Q2 24 | $877.6M | $7.9B |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.8B | $5.5B |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $4.6B | ||
| Q3 25 | $2.0B | $5.1B | ||
| Q2 25 | $3.0B | $6.1B | ||
| Q1 25 | $3.0B | $6.2B | ||
| Q4 24 | $2.9B | $6.6B | ||
| Q3 24 | $3.1B | $5.9B | ||
| Q2 24 | $3.1B | $6.8B |
| Q1 26 | — | — | ||
| Q4 25 | $14.3B | $14.9B | ||
| Q3 25 | $14.3B | $15.2B | ||
| Q2 25 | $15.2B | $15.6B | ||
| Q1 25 | $15.1B | $15.5B | ||
| Q4 24 | $15.3B | $15.4B | ||
| Q3 24 | $15.5B | $14.3B | ||
| Q2 24 | $15.5B | $15.4B |
| Q1 26 | — | — | ||
| Q4 25 | 1.58× | — | ||
| Q3 25 | 1.46× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.89× | — | ||
| Q4 24 | 0.98× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.91× | 0.81× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | 5.3% | 36.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-2.5B |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $107.2M | $-681.0M | ||
| Q3 25 | $180.9M | $26.0M | ||
| Q2 25 | $178.2M | $64.0M | ||
| Q1 25 | $41.9M | $-188.0M | ||
| Q4 24 | $102.9M | $1.2B | ||
| Q3 24 | $174.7M | $-876.0M | ||
| Q2 24 | $150.4M | $-754.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-83.2M | $-1.1B | ||
| Q3 25 | $8.2M | $-421.0M | ||
| Q2 25 | $18.8M | $-398.0M | ||
| Q1 25 | $-83.3M | $-526.0M | ||
| Q4 24 | $-118.1M | $856.0M | ||
| Q3 24 | $42.6M | $-1.2B | ||
| Q2 24 | $62.2M | $-1.0B |
| Q1 26 | — | — | ||
| Q4 25 | -4.6% | -89.0% | ||
| Q3 25 | 0.5% | -27.0% | ||
| Q2 25 | 1.1% | -30.5% | ||
| Q1 25 | -5.0% | -42.4% | ||
| Q4 24 | -7.1% | 49.4% | ||
| Q3 24 | 2.6% | -131.9% | ||
| Q2 24 | 3.7% | -89.6% |
| Q1 26 | 5.3% | — | ||
| Q4 25 | 10.5% | 36.0% | ||
| Q3 25 | 10.1% | 28.7% | ||
| Q2 25 | 9.0% | 35.5% | ||
| Q1 25 | 7.5% | 27.3% | ||
| Q4 24 | 13.2% | 18.9% | ||
| Q3 24 | 8.1% | 31.7% | ||
| Q2 24 | 5.3% | 24.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PENN
| Northeast segment (1) | $687.1M | 39% |
| Interactive (5) | $358.3M | 20% |
| Midwest segment (4) | $305.9M | 17% |
| South segment (2) | $281.3M | 16% |
| West segment (3) | $145.8M | 8% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
