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

Latest as of December 2025: -0.78x

Penn National Gaming Inc (PENN) has a Free Cash Flow Generation Index of -0.78x as of December 2025. Free cash flow of $-83.20 Million represents -1% of operating cash flow ($107.20 Million). See Penn National Gaming Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

-0.78x
Free Cash Flow / Operating CF

Free Cash Flow

$-83.20 Million
USD

Operating Cash Flow

$107.20 Million
USD

Capital Expenditures

$190.40 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. Explore Penn National Gaming Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

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. For the full company profile including market capitalisation, see market value of Penn National Gaming Inc.

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).