Penn National Gaming Inc Tangible Net Worth Ratio
Penn National Gaming Inc tangible net worth ratio. Penn National Gaming Inc (PENN) has a Tangible Net Worth Ratio of 25.0% as of June 2026. This metric is calculated by deducting intangible assets ($1.39 Billion) from net assets ($1.85 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore PENN net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Penn National Gaming Inc (1993–2025)
Tangible net worth ratio of Penn National Gaming Inc from 1993 to 2025. This chart shows how Penn National Gaming Inc's Tangible Net Worth Ratio has changed across 30 annual periods from 1993 to 2025. As of June 2026, the ratio stands at 25.0%, reflecting net assets of $1.85 Billion with intangible assets of $1.39 Billion USD. Check how strategically is Penn National Gaming Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Penn National Gaming Inc Tangible Net Worth Ratio by Year (1993–2025)
Penn National Gaming Inc tangible net worth ratio by year from 1993 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Penn National Gaming Inc from 1993 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Penn National Gaming Inc (PENN) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 23.1% | $1.83 Billion | $1.40 Billion | $14.27 Billion | ▼ -23.3 pp |
| 2024 | 46.5% | $2.86 Billion | $1.53 Billion | $15.26 Billion | ▼ -2.9 pp |
| 2023 | 49.4% | $3.20 Billion | $1.62 Billion | $16.06 Billion | ▼ -2.2 pp |
| 2022 | 51.7% | $3.60 Billion | $1.74 Billion | $17.50 Billion | ▼ -2.6 pp |
| 2021 | 54.3% | $4.10 Billion | $1.87 Billion | $16.87 Billion | ▲ +11.3 pp |
| 2020 | 43.0% | $2.66 Billion | $1.51 Billion | $14.67 Billion | ▲ +52.4 pp |
| 2019 | -9.4% | $1.85 Billion | $2.03 Billion | $14.19 Billion | ▲ +144.5 pp |
| 2018 | -153.9% | $731.22 Million | $1.86 Billion | $10.96 Billion | ▼ -187.1 pp |
| 2014 | 33.2% | $554.49 Million | $370.56 Million | $2.24 Billion | ▼ -19.4 pp |
| 2013 | 52.6% | $758.40 Million | $359.65 Million | $2.18 Billion | ▼ -16.0 pp |
| 2012 | 68.6% | $2.25 Billion | $706.48 Million | $5.64 Billion | ▼ -10.0 pp |
| 2011 | 78.6% | $1.97 Billion | $421.59 Million | $4.61 Billion | ▲ +2.0 pp |
| 2010 | 76.6% | $1.78 Billion | $415.15 Million | $4.46 Billion | ▼ -3.0 pp |
| 2009 | 79.6% | $1.85 Billion | $376.95 Million | $4.71 Billion | ▲ +13.4 pp |
| 2008 | 66.3% | $2.06 Billion | $693.76 Million | $5.19 Billion | ▲ +35.6 pp |
| 2007 | 30.6% | $1.12 Billion | $777.44 Million | $4.97 Billion | ▲ +9.5 pp |
| 2006 | 21.2% | $921.16 Million | $726.13 Million | $4.51 Billion | ▲ +389.5 pp |
| 2005 | -368.4% | $546.54 Million | $2.56 Billion | $4.19 Billion | ▼ -316.5 pp |
| 2004 | -51.9% | $398.09 Million | $604.60 Million | $1.64 Billion | ▲ +49.0 pp |
| 2003 | -100.9% | $309.88 Million | $622.50 Million | $1.61 Billion | ▼ -127.2 pp |
| 2002 | 26.3% | $247.00 Million | $182.04 Million | $765.48 Million | ▲ +11.3 pp |
| 2001 | 15.0% | $103.27 Million | $87.75 Million | $679.38 Million | ▲ +25.8 pp |
| 2000 | -10.8% | $79.22 Million | $87.75 Million | $439.90 Million | ▼ -78.2 pp |
| 1999 | 67.4% | $66.30 Million | $21.60 Million | $190.60 Million | ▲ +5.4 pp |
| 1998 | 62.0% | $59.00 Million | $22.40 Million | $160.80 Million | ▲ +4.9 pp |
| 1997 | 57.1% | $53.90 Million | $23.10 Million | $158.90 Million | ▲ +35.6 pp |
| 1996 | 21.5% | $27.90 Million | $21.90 Million | $96.70 Million | ▼ -69.4 pp |
| 1995 | 90.9% | $20.80 Million | $1.90 Million | $27.50 Million | ▲ +3.7 pp |
| 1994 | 87.2% | $15.60 Million | $2.00 Million | $21.90 Million | ▲ +46.0 pp |
| 1993 | 41.2% | $3.40 Million | $2.00 Million | $18.40 Million | — |