Gambling, Resorts & Casinos
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PENN vs LVS
Revenue, margins, valuation, and 5-year total return — side by side.
Gambling, Resorts & Casinos
PENN vs LVS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Gambling, Resorts & Casinos | Gambling, Resorts & Casinos |
| Market Cap | $2.24B | $35.32B |
| Revenue (TTM) | $6.96B | $13.74B |
| Net Income (TTM) | $-843M | $1.84B |
| Gross Margin | 30.6% | 26.7% |
| Operating Margin | -7.9% | 24.6% |
| Forward P/E | 22.9x | 16.0x |
| Total Debt | $8.38B | $16.14B |
| Cash & Equiv. | $687M | $3.84B |
PENN vs LVS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| PENN Entertainment,… (PENN) | 100 | 51.1 | -48.9% |
| Las Vegas Sands Cor… (LVS) | 100 | 111.0 | +11.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PENN vs LVS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
In this particular matchup, PENN is outpaced on most metrics by others in the set.
LVS carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.09, yield 2.3%
- Rev growth 15.2%, EPS growth 19.9%, 3Y rev CAGR 46.9%
- 49.4% 10Y total return vs PENN's 13.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 15.2% revenue growth vs PENN's 5.8% | |
| Value | Lower P/E (16.0x vs 22.9x) | |
| Quality / Margins | 13.4% margin vs PENN's -12.1% | |
| Stability / Safety | Beta 1.09 vs PENN's 1.34 | |
| Dividends | 2.3% yield; 2-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +40.6% vs PENN's +7.9% | |
| Efficiency (ROA) | 8.5% ROA vs PENN's -5.7%, ROIC 16.9% vs 1.8% |
PENN vs LVS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
PENN vs LVS — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
LVS leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LVS is the larger business by revenue, generating $13.7B annually — 2.0x PENN's $7.0B. LVS is the more profitable business, keeping 13.4% of every revenue dollar as net income compared to PENN's -12.1%. On growth, LVS holds the edge at +25.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $7.0B | $13.7B |
| EBITDAEarnings before interest/tax | -$105M | $4.9B |
| Net IncomeAfter-tax profit | -$843M | $1.8B |
| Free Cash FlowCash after capex | -$169M | $2.3B |
| Gross MarginGross profit ÷ Revenue | +30.6% | +26.7% |
| Operating MarginEBIT ÷ Revenue | -7.9% | +24.6% |
| Net MarginNet income ÷ Revenue | -12.1% | +13.4% |
| FCF MarginFCF ÷ Revenue | -2.4% | +16.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +8.2% | +25.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +37.5% | +73.5% |
Valuation Metrics
PENN leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, LVS's 10.3x EV/EBITDA is more attractive than PENN's 13.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.2B | $35.3B |
| Enterprise ValueMkt cap + debt − cash | $9.9B | $47.6B |
| Trailing P/EPrice ÷ TTM EPS | -2.87x | 22.65x |
| Forward P/EPrice ÷ next-FY EPS est. | 22.92x | 16.03x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 13.81x | 10.29x |
| Price / SalesMarket cap ÷ Revenue | 0.32x | 2.71x |
| Price / BookPrice ÷ Book value/share | 1.33x | 19.07x |
| Price / FCFMarket cap ÷ FCF | — | 21.35x |
Profitability & Efficiency
LVS leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
LVS delivers a 95.8% return on equity — every $100 of shareholder capital generates $96 in annual profit, vs $-35 for PENN. PENN carries lower financial leverage with a 4.58x debt-to-equity ratio, signaling a more conservative balance sheet compared to LVS's 8.34x. On the Piotroski fundamental quality scale (0–9), LVS scores 7/9 vs PENN's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -34.7% | +95.8% |
| ROA (TTM)Return on assets | -5.7% | +8.5% |
| ROICReturn on invested capital | +1.8% | +16.9% |
| ROCEReturn on capital employed | +2.0% | +19.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 |
| Debt / EquityFinancial leverage | 4.58x | 8.34x |
| Net DebtTotal debt minus cash | $7.7B | $12.3B |
| Cash & Equiv.Liquid assets | $687M | $3.8B |
| Total DebtShort + long-term debt | $8.4B | $16.1B |
| Interest CoverageEBIT ÷ Interest expense | -1.02x | 4.25x |
Total Returns (Dividends Reinvested)
LVS leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LVS five years ago would be worth $9,782 today (with dividends reinvested), compared to $1,996 for PENN. Over the past 12 months, LVS leads with a +40.6% total return vs PENN's +7.9%. The 3-year compound annual growth rate (CAGR) favors LVS at -3.4% vs PENN's -13.5% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +12.8% | -17.5% |
| 1-Year ReturnPast 12 months | +7.9% | +40.6% |
| 3-Year ReturnCumulative with dividends | -35.4% | -9.9% |
| 5-Year ReturnCumulative with dividends | -80.0% | -2.2% |
| 10-Year ReturnCumulative with dividends | +13.6% | +49.4% |
| CAGR (3Y)Annualised 3-year return | -13.5% | -3.4% |
Risk & Volatility
Evenly matched — PENN and LVS each lead in 1 of 2 comparable metrics.
Risk & Volatility
LVS is the less volatile stock with a 1.09 beta — it tends to amplify market swings less than PENN's 1.34 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PENN currently trades 81.3% from its 52-week high vs LVS's 75.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.34x | 1.09x |
| 52-Week HighHighest price in past year | $20.61 | $70.45 |
| 52-Week LowLowest price in past year | $11.65 | $37.95 |
| % of 52W HighCurrent price vs 52-week peak | +81.3% | +75.5% |
| RSI (14)Momentum oscillator 0–100 | 58.8 | 41.4 |
| Avg Volume (50D)Average daily shares traded | 4.4M | 3.9M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates PENN as "Buy" and LVS as "Buy". Consensus price targets imply 31.0% upside for LVS (target: $70) vs 18.7% for PENN (target: $20). LVS is the only dividend payer here at 2.26% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $19.88 | $69.70 |
| # AnalystsCovering analysts | 47 | 49 |
| Dividend YieldAnnual dividend ÷ price | — | +2.3% |
| Dividend StreakConsecutive years of raises | — | 2 |
| Dividend / ShareAnnual DPS | — | $1.20 |
| Buyback YieldShare repurchases ÷ mkt cap | +15.8% | +6.3% |
LVS leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). PENN leads in 1 (Valuation Metrics). 1 tied.
PENN vs LVS: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is PENN or LVS a better buy right now?
For growth investors, Las Vegas Sands Corp.
(LVS) is the stronger pick with 15. 2% revenue growth year-over-year, versus 5. 8% for PENN Entertainment, Inc. (PENN). Las Vegas Sands Corp. (LVS) offers the better valuation at 22. 6x trailing P/E (16. 0x forward), making it the more compelling value choice. Analysts rate PENN Entertainment, Inc. (PENN) a "Buy" — based on 47 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — PENN or LVS?
On forward P/E, Las Vegas Sands Corp.
is actually cheaper at 16. 0x.
03Which is the better long-term investment — PENN or LVS?
Over the past 5 years, Las Vegas Sands Corp.
(LVS) delivered a total return of -2. 2%, compared to -80. 0% for PENN Entertainment, Inc. (PENN). Over 10 years, the gap is even starker: LVS returned +49. 4% versus PENN's +13. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — PENN or LVS?
By beta (market sensitivity over 5 years), Las Vegas Sands Corp.
(LVS) is the lower-risk stock at 1. 09β versus PENN Entertainment, Inc. 's 1. 34β — meaning PENN is approximately 23% more volatile than LVS relative to the S&P 500. On balance sheet safety, PENN Entertainment, Inc. (PENN) carries a lower debt/equity ratio of 5% versus 8% for Las Vegas Sands Corp. — giving it more financial flexibility in a downturn.
05Which is growing faster — PENN or LVS?
By revenue growth (latest reported year), Las Vegas Sands Corp.
(LVS) is pulling ahead at 15. 2% versus 5. 8% for PENN Entertainment, Inc. (PENN). On earnings-per-share growth, the picture is similar: Las Vegas Sands Corp. grew EPS 19. 9% year-over-year, compared to -184. 4% for PENN Entertainment, Inc.. Over a 3-year CAGR, LVS leads at 46. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — PENN or LVS?
Las Vegas Sands Corp.
(LVS) is the more profitable company, earning 12. 5% net margin versus -12. 1% for PENN Entertainment, Inc. — meaning it keeps 12. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LVS leads at 23. 7% versus 3. 9% for PENN. At the gross margin level — before operating expenses — LVS leads at 28. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is PENN or LVS more undervalued right now?
On forward earnings alone, Las Vegas Sands Corp.
(LVS) trades at 16. 0x forward P/E versus 22. 9x for PENN Entertainment, Inc. — 6. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for LVS: 31. 0% to $69. 70.
08Which pays a better dividend — PENN or LVS?
In this comparison, LVS (2.
3% yield) pays a dividend. PENN does not pay a meaningful dividend and should not be held primarily for income.
09Is PENN or LVS better for a retirement portfolio?
For long-horizon retirement investors, Las Vegas Sands Corp.
(LVS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 09), 2. 3% yield). Both have compounded well over 10 years (LVS: +49. 4%, PENN: +13. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between PENN and LVS?
Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: PENN is a small-cap quality compounder stock; LVS is a mid-cap high-growth stock. LVS pays a dividend while PENN does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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