Penn National Gaming Inc (PENN) — Cash Flow Quality Index

Latest as of June 2026: 7.38x

Penn National Gaming Inc (PENN) has a Cash Flow Quality Index of 7.38x as of June 2026. Operating cash flow of $240.70 Million exceeds net income of $32.60 Million, indicating high earnings quality where cash backs reported profits. Explore PENN operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

7.38x
Operating CF / Net Income

Operating Cash Flow

$240.70 Million
USD

Net Income

$32.60 Million
USD

Data as of

Jun 2026
Most recent filing

Penn National Gaming Inc Cash Flow Quality Index (1993–2022)

Historical Cash Flow Quality Index for Penn National Gaming Inc across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Penn National Gaming Inc cash flow conversion.

Annual Cash Flow Quality Index for Penn National Gaming Inc (1993–2022)

Year-by-year earnings quality comparison for Penn National Gaming Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2022 3.96x $878.20 Million $221.70 Million ▲ +85.9%
2021 2.13x $896.10 Million $420.50 Million ▼ -87.0%
2019 16.33x $703.90 Million $43.10 Million ▲ +332.9%
2018 3.77x $352.79 Million $93.51 Million ▲ +289.1%
2017 0.97x $459.08 Million $473.46 Million ▼ -73.8%
2016 3.70x $404.82 Million $109.31 Million ▼ -99.4%
2015 581.61x $398.98 Million $686.00K ▲ +24207.2%
2012 2.39x $507.19 Million $211.97 Million ▲ +2.2%
2011 2.34x $567.37 Million $242.35 Million ▼ -13.1%
2007 2.69x $431.22 Million $160.05 Million ▲ +212.7%
2006 0.86x $281.81 Million $327.09 Million ▼ -30.8%
2005 1.24x $150.47 Million $120.93 Million ▼ -54.5%
2004 2.73x $195.45 Million $71.48 Million ▼ -9.2%
2003 3.01x $154.94 Million $51.47 Million ▼ -7.9%
2002 3.27x $100.85 Million $30.86 Million ▼ -9.5%
2001 3.61x $85.83 Million $23.76 Million ▲ +59.6%
2000 2.26x $42.06 Million $18.57 Million ▼ -32.6%
1999 3.36x $22.50 Million $6.70 Million ▲ +111.7%
1998 1.59x $11.90 Million $7.50 Million ▼ -43.7%
1997 2.82x $10.70 Million $3.80 Million ▲ +96.0%
1996 1.44x $7.90 Million $5.50 Million ▲ +21.7%
1995 1.18x $5.90 Million $5.00 Million ▼ -22.3%
1994 1.52x $4.10 Million $2.70 Million ▼ -24.1%
1993 2.00x $2.60 Million $1.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.