Penn National Gaming Inc (PENN) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.40x

Penn National Gaming Inc (PENN) has a Cash Flow Reinvestment Rate of 0.40x as of June 2026, reinvesting $97.40 Million (capex $97.40 Million ) from operating cash flow of $240.70 Million. See Penn National Gaming Inc (PENN) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.40x
(Capex + Investments) / Operating CF

Total Reinvested

$97.40 Million
Capex + Investments

Operating Cash Flow

$240.70 Million
USD

Capital Expenditures

$97.40 Million
USD

Penn National Gaming Inc Cash Flow Reinvestment Rate (1993–2025)

Historical reinvestment intensity for Penn National Gaming Inc across 33 annual periods. For the full cash flow conversion analysis, see Penn National Gaming Inc cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Penn National Gaming Inc (1993–2025)

Year-by-year capital reinvestment analysis for Penn National Gaming Inc. See PENN financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.27x $647.70 Million $508.20 Million $647.70 Million ▼ -55.3%
2024 2.85x $1.02 Billion $359.30 Million $482.70 Million ▲ +24.1%
2023 2.30x $1.05 Billion $455.90 Million $381.90 Million ▲ +279.6%
2022 0.60x $531.00 Million $878.20 Million $272.40 Million ▲ +83.2%
2021 0.33x $295.70 Million $896.10 Million $268.30 Million ▼ -59.6%
2020 0.82x $276.80 Million $338.80 Million $141.80 Million ▼ -50.4%
2019 1.65x $1.16 Billion $703.90 Million $202.30 Million ▲ +206.3%
2018 0.54x $189.52 Million $352.79 Million $174.16 Million ▲ +141.5%
2017 0.22x $102.11 Million $459.08 Million $100.76 Million ▼ -68.7%
2016 0.71x $287.98 Million $404.82 Million $100.31 Million ▼ -25.7%
2015 0.96x $382.06 Million $398.98 Million $249.84 Million ▼ -23.8%
2014 1.26x $276.52 Million $220.00 Million $228.15 Million ▲ +168.8%
2013 0.47x $206.11 Million $440.80 Million $199.91 Million ▼ -53.4%
2012 1.00x $508.99 Million $507.19 Million $472.99 Million ▲ +44.7%
2011 0.69x $393.48 Million $567.37 Million $293.08 Million ▼ -19.8%
2010 0.86x $426.59 Million $493.18 Million $362.95 Million ▲ +1.0%
2009 0.86x $289.55 Million $338.25 Million $289.55 Million ▲ +4.4%
2008 0.82x $344.89 Million $420.46 Million $344.89 Million ▼ -2.1%
2007 0.84x $361.15 Million $431.22 Million $361.15 Million ▼ -42.3%
2006 1.45x $408.88 Million $281.81 Million $408.88 Million ▲ +80.2%
2005 0.81x $121.14 Million $150.47 Million $121.14 Million ▲ +128.2%
2004 0.35x $68.96 Million $195.45 Million $68.96 Million ▼ -4.9%
2003 0.37x $57.48 Million $154.94 Million $57.48 Million ▼ -57.9%
2002 0.88x $88.90 Million $100.85 Million $88.90 Million ▲ +82.3%
2001 0.48x $41.51 Million $85.83 Million $41.51 Million ▼ -25.5%
2000 0.65x $27.30 Million $42.06 Million $27.30 Million ▲ +10.6%
1999 0.59x $13.20 Million $22.50 Million $13.20 Million ▼ -68.7%
1998 1.87x $22.30 Million $11.90 Million $22.30 Million ▼ -57.7%
1997 4.43x $47.40 Million $10.70 Million $47.40 Million ▼ -35.6%
1996 6.87x $54.30 Million $7.90 Million $54.30 Million ▲ +913.8%
1995 0.68x $4.00 Million $5.90 Million $4.00 Million ▼ -4.1%
1994 0.71x $2.90 Million $4.10 Million $2.90 Million ▲ +359.8%
1993 0.15x $400.00K $2.60 Million $400.00K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow