Melco Resorts & Entertainment (MLCO) vs PENN Entertainment (PENN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
PENN Entertainment (PENN) has outperformed Melco Resorts & Entertainment (MLCO) over the past year, losing 6.7% versus a loss of 50.2%. Over five years, MLCO leads with a -62.5% price change compared with -79.7% for PENN. PENN Entertainment is the larger company by market cap ($2.11 billion vs $1.59 billion), about 1.3 times the size, while Melco Resorts & Entertainment is growing revenue faster (+11.3% vs +5.8%).
On valuation, Melco Resorts & Entertainment trades at a lower forward P/E (5.8x vs 13.2x for PENN Entertainment). Melco Resorts & Entertainment converts more of its revenue into profit, with a net margin of 3.6% versus -12.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MLCO | PENN |
|---|---|---|
| Share price | $4.17 | $15.76 |
| Market cap | $1.59B | $2.11B |
| 1-day change | 0.00% | +0.25% |
| YTD return | -44.91% | +6.85% |
| 1-year return | -50.24% | -6.75% |
| 5-year return | -62.50% | -79.72% |
| P/E ratio (TTM) | 7.07 | — |
| Forward P/E | 5.80 | 13.19 |
| EPS (TTM) | $0.59 | $-6.43 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $5.16B | $6.96B |
| Revenue growth (YoY) | +11.32% | +5.82% |
| Net income (latest FY) | $185.04M | $-843.10M |
| Operating margin | 11.63% | -9.68% |
| Net margin | 3.58% | -12.11% |
| 52-week high | $9.53 | $22.36 |
| 52-week low | $4.06 | $11.65 |
| Distance from 52-week high | -56.24% | -29.52% |
| Analyst consensus | none | buy |
| Avg. price target upside | +69.30% | +55.46% |
| Average volume | 1.84M | 2.85M |
| Shares outstanding | 380.24M | 133.97M |
| Employees | 22,961 | 23,441 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Hotels/Resorts | Hotels/Resorts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PENN has outperformed MLCO by 43.5 percentage points over the past year.
- Melco Resorts & Entertainment is more profitable, keeping 3.6 cents of every revenue dollar as net income versus -12.1 cents for PENN Entertainment.
- Melco Resorts & Entertainment grew revenue faster in its latest fiscal year (+11.32% vs +5.82%).
About Melco Resorts & Entertainment
MLCO stock →Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments.
Consumer Discretionary · Hotels/Resorts · 22,961 employees
About PENN Entertainment
PENN stock →PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally. The company operates through five segments: Northeast, South, West, Midwest, and Interactive.
Consumer Discretionary · Hotels/Resorts · 23,441 employees
MLCO vs PENN FAQ
Which is bigger, Melco Resorts & Entertainment or PENN Entertainment?
PENN Entertainment (PENN) is larger, with a market capitalization of $2.11B compared with $1.59B for Melco Resorts & Entertainment (MLCO).
Which stock has performed better over the past year, MLCO or PENN?
PENN returned -6.75% over the past 12 months, compared with -50.24% for MLCO (price return, excluding dividends). Past performance does not predict future results.
Are Melco Resorts & Entertainment and PENN Entertainment in the same industry?
Yes. Both are classified in the Hotels/Resorts industry within the Consumer Discretionary sector.