Penn National Gaming Inc Capital Reinvestment Ratio
Penn National Gaming Inc capital reinvestment ratio. Penn National Gaming Inc (PENN) has a Capital Reinvestment Ratio of 0.40x as of June 2026, meaning it reinvests 0% of its operating cash flow ($240.70 Million) in capital expenditures ($97.40 Million). See Penn National Gaming Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Penn National Gaming Inc (1993–2025)
Capital reinvestment ratio of Penn National Gaming Inc from 1993 to 2025. This chart tracks Penn National Gaming Inc's Capital Reinvestment Ratio across 33 annual periods. See PENN financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Penn National Gaming Inc Capital Reinvestment Ratio by Year (1993–2025)
Penn National Gaming Inc capital reinvestment ratio by year from 1993 to 2025. For the full cash flow conversion analysis, see PENN cash flow metrics.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.27x | $508.20 Million | $647.70 Million | ▼ -5.1% |
| 2024 | 1.34x | $359.30 Million | $482.70 Million | ▲ +60.4% |
| 2023 | 0.84x | $455.90 Million | $381.90 Million | ▲ +170.1% |
| 2022 | 0.31x | $878.20 Million | $272.40 Million | ▲ +3.6% |
| 2021 | 0.30x | $896.10 Million | $268.30 Million | ▼ -28.5% |
| 2020 | 0.42x | $338.80 Million | $141.80 Million | ▲ +45.6% |
| 2019 | 0.29x | $703.90 Million | $202.30 Million | ▼ -41.8% |
| 2018 | 0.49x | $352.79 Million | $174.16 Million | ▲ +124.9% |
| 2017 | 0.22x | $459.08 Million | $100.76 Million | ▼ -11.4% |
| 2016 | 0.25x | $404.82 Million | $100.31 Million | ▼ -60.4% |
| 2015 | 0.63x | $398.98 Million | $249.84 Million | ▼ -39.6% |
| 2014 | 1.04x | $220.00 Million | $228.15 Million | ▲ +128.7% |
| 2013 | 0.45x | $440.80 Million | $199.91 Million | ▼ -51.4% |
| 2012 | 0.93x | $507.19 Million | $472.99 Million | ▲ +80.5% |
| 2011 | 0.52x | $567.37 Million | $293.08 Million | ▼ -29.8% |
| 2010 | 0.74x | $493.18 Million | $362.95 Million | ▼ -14.0% |
| 2009 | 0.86x | $338.25 Million | $289.55 Million | ▲ +4.4% |
| 2008 | 0.82x | $420.46 Million | $344.89 Million | ▼ -2.1% |
| 2007 | 0.84x | $431.22 Million | $361.15 Million | ▼ -42.3% |
| 2006 | 1.45x | $281.81 Million | $408.88 Million | ▲ +80.2% |
| 2005 | 0.81x | $150.47 Million | $121.14 Million | ▲ +128.2% |
| 2004 | 0.35x | $195.45 Million | $68.96 Million | ▼ -4.9% |
| 2003 | 0.37x | $154.94 Million | $57.48 Million | ▼ -57.9% |
| 2002 | 0.88x | $100.85 Million | $88.90 Million | ▲ +82.3% |
| 2001 | 0.48x | $85.83 Million | $41.51 Million | ▼ -25.5% |
| 2000 | 0.65x | $42.06 Million | $27.30 Million | ▲ +10.6% |
| 1999 | 0.59x | $22.50 Million | $13.20 Million | ▼ -68.7% |
| 1998 | 1.87x | $11.90 Million | $22.30 Million | ▼ -57.7% |
| 1997 | 4.43x | $10.70 Million | $47.40 Million | ▼ -35.6% |
| 1996 | 6.87x | $7.90 Million | $54.30 Million | ▲ +913.8% |
| 1995 | 0.68x | $5.90 Million | $4.00 Million | ▼ -4.1% |
| 1994 | 0.71x | $4.10 Million | $2.90 Million | ▲ +359.8% |
| 1993 | 0.15x | $2.60 Million | $400.00K | — |