Melco Resorts & Entertainment vs Penn Entertainment
Penn Entertainment is the larger business, with $6.96bn of revenue in fiscal 2025 against $5.16bn for Melco Resorts & Entertainment (1.3 times as much). Melco Resorts & Entertainment grew faster (11.3% against 5.8%). Melco Resorts & Entertainment kept more of each dollar of sales as profit: a net margin of 3.6% against -12.1%.
| Latest fiscal year | Melco Resorts & EntertainmentMLCO, 2025 | Penn EntertainmentPENN, 2025 |
|---|---|---|
| Revenue | $5.16bn | $6.96bn |
| Revenue growth | 11.3% | 5.8% |
| Net income | $185m | −$843m |
| Operating margin | 11.6% | -9.7% |
| Net margin | 3.6% | -12.1% |
| Return on equity | — | -35.9% |
| Free cash flow | $802m | −$140m |
| Cash | $1.02bn | $687m |
| Total debt | $6.77bn | $2.90bn |
| Debt to equity | — | 158.3% |
| Dividend per share | — | — |
| Dividend yield | 0.0% | — |
| Share buybacks | $166m | $354m |
| Employees | — | 23,441 |
| Market value | $1.63bn | $2.32bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 29 (Weak) | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 4 buys, 1 sales |