Penn National Gaming Inc (PENN) — Free Cash Flow Generation Index

Latest as of June 2026: 0.60x

Penn National Gaming Inc (PENN) has a Free Cash Flow Generation Index of 0.60x as of June 2026. Free cash flow of $143.30 Million represents 1% of operating cash flow ($240.70 Million). Explore Penn National Gaming Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.60x
Free Cash Flow / Operating CF

Free Cash Flow

$143.30 Million
USD

Operating Cash Flow

$240.70 Million
USD

Capital Expenditures

$97.40 Million
USD

Penn National Gaming Inc Free Cash Flow Generation Index (1993–2025)

Historical FCF Generation Index trend for Penn National Gaming Inc across 33 annual periods. For the full cash flow conversion analysis, see how efficiently does Penn National Gaming Inc generate cash.

Annual Free Cash Flow Generation for Penn National Gaming Inc (1993–2025)

Year-by-year Free Cash Flow Generation Index for Penn National Gaming Inc. Check PENN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 -0.27x $-139.50 Million $508.20 Million $647.70 Million ▲ +20.1%
2024 -0.34x $-123.40 Million $359.30 Million $482.70 Million ▼ -311.6%
2023 0.16x $74.00 Million $455.90 Million $381.90 Million ▼ -76.5%
2022 0.69x $605.80 Million $878.20 Million $272.40 Million ▼ -1.5%
2021 0.70x $627.80 Million $896.10 Million $268.30 Million ▲ +20.5%
2020 0.58x $197.00 Million $338.80 Million $141.80 Million ▼ -18.4%
2019 0.71x $501.60 Million $703.90 Million $202.30 Million ▲ +40.7%
2018 0.51x $178.63 Million $352.79 Million $174.16 Million ▼ -35.1%
2017 0.78x $358.32 Million $459.08 Million $100.76 Million ▲ +3.8%
2016 0.75x $304.51 Million $404.82 Million $100.31 Million ▲ +101.2%
2015 0.37x $149.14 Million $398.98 Million $249.84 Million ▲ +1109.8%
2014 -0.04x $-8.14 Million $220.00 Million $228.15 Million ▼ -106.8%
2013 0.55x $240.89 Million $440.80 Million $199.91 Million ▲ +710.3%
2012 0.07x $34.20 Million $507.19 Million $472.99 Million ▼ -86.1%
2011 0.48x $274.28 Million $567.37 Million $293.08 Million ▲ +83.1%
2010 0.26x $130.22 Million $493.18 Million $362.95 Million ▲ +83.4%
2009 0.14x $48.70 Million $338.25 Million $289.55 Million ▼ -19.9%
2008 0.18x $75.57 Million $420.46 Million $344.89 Million ▲ +10.6%
2007 0.16x $70.06 Million $431.22 Million $361.15 Million ▲ +136.0%
2006 -0.45x $-127.07 Million $281.81 Million $408.88 Million ▼ -331.3%
2005 0.19x $29.34 Million $150.47 Million $121.14 Million ▼ -69.9%
2004 0.65x $126.50 Million $195.45 Million $68.96 Million ▲ +2.9%
2003 0.63x $97.46 Million $154.94 Million $57.48 Million ▲ +430.8%
2002 0.12x $11.95 Million $100.85 Million $88.90 Million ▼ -77.1%
2001 0.52x $44.32 Million $85.83 Million $41.51 Million ▲ +47.1%
2000 0.35x $14.76 Million $42.06 Million $27.30 Million ▼ -15.1%
1999 0.41x $9.30 Million $22.50 Million $13.20 Million ▲ +147.3%
1998 -0.87x $-10.40 Million $11.90 Million $22.30 Million ▲ +74.5%
1997 -3.43x $-36.70 Million $10.70 Million $47.40 Million ▲ +41.6%
1996 -5.87x $-46.40 Million $7.90 Million $54.30 Million ▼ -1923.9%
1995 0.32x $1.90 Million $5.90 Million $4.00 Million ▲ +10.0%
1994 0.29x $1.20 Million $4.10 Million $2.90 Million ▼ -65.4%
1993 0.85x $2.20 Million $2.60 Million $400.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).