PENN · CIK 0000921738 · FY2025 live · 2025-12-31
PENN Entertainment, Inc.
View as
Model
Z″
FY2025
−0.65
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−0.65
Classic Z −0.24
Z″ −0.65 · distress below 1.10, grey to 2.60, safe above.
Z″ factor contributions
X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
−0.026.56 × = −0.14X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−0.103.26 × = −0.34X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.056.72 × = −0.32X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.
0.151.05 × = 0.15
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.
Meridian Rank
27.55
0–100 · Z″ family
Book standing
27
Year change
—
Market PD
—
O-score
29
Events on this name
Same published rows as Today.
No published events on this print.
Overview
rule-v1
PENN Entertainment, Inc. is on Z″ at −0.65 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print. This is the first live year on the desk. No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.
Book screen Distress; market PD —. Market PD has not been priced on this name.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Z″ scores · 27th percentile in Consumer.
- GTIMDistressGood Times Restaurants Inc.−0.65
- BRSLDistressBrightstar Lottery PLC−0.59
- BNEDDistressBarnes & Noble Education, Inc.−0.71
- MWYNDistressMarwynn Holdings, Inc.−0.72
- WINGDistressWingstop Inc.−0.55
- FLLDistressFULL HOUSE RESORTS INC−0.75
- YUMDistressYUM BRANDS INC−0.76
- NAASDistressNaaS Technology Inc.−0.78
Filing line items
Current assets
$1.2B
Total assets
$14.3B
Current liabilities
$1.5B
Total liabilities
$12.4B
Working capital
−$309M
Retained earnings
−$1.5B
EBIT
−$674M
Total sales
$0
Book equity
$1.8B
Accession 0000921738-26-000008. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.