TOTAL REV $136.93M
TOTAL EXP $99.24M
NET $37.69M

Investment Profile · FY 2019

Pennsylvania State University-Main Campus

University Park, Pennsylvania · NCAA Division I-FBS · Public, 4-year or above · Enrollment 66,279

ZIP 168021503 · IPEDS unitid 214777

Revenue Percentile (Division)
97th

Key Financial Metrics · 2019

Total Revenue
$136.93M

Total Expenses
$99.24M

Net Result
$37.69M

Unique Athletes
250

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 91.6%Women’s programs 8.4%

$125.48M
$11.44M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 26,985 (68.7%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$101.68M

Basketball

$11.67M

Ice Hockey

$6.35M

All Track Combined

$1.99M

Lacrosse

$1.95M

Wrestling

$1.9M

Swimming and Diving

$1.89M

Soccer

$1.74M

Field Hockey

$1.32M

Volleyball

$1.27M

Expense by sport

Football

$50.61M

Basketball

$12.07M

Ice Hockey

$6.31M

All Track Combined

$3.52M

Lacrosse

$3.32M

Wrestling

$2.27M

Swimming and Diving

$3.28M

Soccer

$3.51M

Field Hockey

$1.42M

Volleyball

$3.24M

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 123 0 $101.68M $50.61M $51.07M
Basketball 2 15 31 $11.67M $12.07M $-398K
Ice Hockey 10 30 26 $6.35M $6.31M $38.8K
All Track Combined 3 105 127 $1.99M $3.52M $-1.52M
Lacrosse 11 50 36 $1.95M $3.32M $-1.37M
Wrestling 28 35 0 $1.9M $2.27M $-367.8K
Swimming and Diving 18 29 38 $1.89M $3.28M $-1.39M
Soccer 15 25 30 $1.74M $3.51M $-1.77M
Field Hockey 6 0 29 $1.32M $1.42M $-96.9K
Volleyball 26 21 23 $1.27M $3.24M $-1.97M
Gymnastics 9 21 14 $1.15M $2.2M $-1.05M
Baseball 1 39 0 $945K $1.67M $-721.7K
Tennis 22 10 9 $864.8K $1.76M $-893.6K
Softball 16 0 27 $773.9K $1.58M $-802.9K
Fencing 5 26 27 $745.4K $1.27M $-526.7K
Golf 8 11 9 $674.2K $1.23M $-554.5K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$547.7K

Athletes Tracked
250

Top Sport Share
Football · 74.3%

Program Count
16

Unique men
123

Unique women
127

Per-sport slots
966

Multi-sport coeff
3.86x

Coed men

Coed women

The program has 250 unique athletes filling 966 sport roster slots — a 3.86x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Public, 4-year or above
Total Enrollment
66,279
Revenue Tier
Top-tier (97th pct.)
Peers in Division
127 schools
Peers in Pennsylvania
131 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
The University of Alabama AL $135.55M $38.34M $-1.37M
Ohio State University-Main Campus OH $145.47M $33.95M $8.54M
University of Georgia GA $148.87M $65.31M $11.94M
University of Wisconsin-Madison WI $124.33M $41.69M $-12.59M
University of Oklahoma-Norman Campus OK $124.04M $35.25M $-12.89M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $2.1K Athletic revenue per enrolled student
Expense Ratio 72.5% Expenses as % of revenue
Top Sport Share 74.3% Revenue concentration in top program
Division Percentile 97th Revenue rank within NCAA Division I-FBS

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.