GLPI
Gaming & Leisure Properties
NASDAQ: GLPI · REAL ESTATE · REIT - SPECIALTY
$47.99
-0.06% today
Updated 2026-04-29
Market cap
$13.59B
P/E ratio
15.14
P/S ratio
8.39x
EPS (TTM)
$3.17
Dividend yield
6.50%
52W range
$41 – $49
Volume
2.4M
Gaming & Leisure Properties (GLPI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $231.88M | $210.64M | $242.13M | $635.95M | $575.05M | $828.25M | $971.31M | $1.06B | $1.15B | $1.15B | $1.22B | $1.31B | $1.44B | $1.53B | $1.59B |
| Revenue growth (YoY) | — | -9.2% | +14.9% | +162.6% | -9.6% | +44.0% | +17.3% | +8.7% | +9.3% | -0.0% | +5.5% | +7.8% | +9.8% | +6.3% | +4.1% |
| Cost of revenue | $140.00M | $127.82M | $100.14M | $144.88M | $122.19M | $151.91M | $189.16M | $194.24M | $117.14M | $85.74M | $90.43M | $52.35M | $45.93M | $47.67M | $604.22M |
| Gross profit | $91.89M | $82.83M | $141.99M | $491.06M | $452.87M | $676.34M | $782.15M | $861.49M | $1.04B | $1.07B | $1.13B | $1.26B | $1.39B | $1.48B | $990.54M |
| Gross margin | 39.6% | 39.3% | 58.6% | 77.2% | 78.8% | 81.7% | 80.5% | 81.6% | 89.8% | 92.6% | 92.6% | 96.0% | 96.8% | 96.9% | 62.1% |
| R&D | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $31.76M | $31.39M | $56.69M | $80.84M | $85.67M | $86.17M | $63.15M | $71.13M | $65.39M | $68.57M | $61.24M | $51.32M | $56.45M | $59.57M | $57.19M |
| Operating income | $52.51M | $43.67M | $60.58M | $303.38M | $257.42M | $480.62M | $605.52M | $593.81M | $717.42M | $809.27M | $841.77M | $1.03B | $1.07B | $1.13B | $1.20B |
| Operating margin | 22.6% | 20.7% | 25.0% | 47.7% | 44.8% | 58.0% | 62.3% | 56.2% | 62.2% | 70.2% | 69.2% | 78.5% | 74.2% | 73.8% | 75.3% |
| EBITDA | $67.08M | $57.76M | $78.63M | $365.35M | $367.20M | $596.34M | $729.35M | $742.17M | $956.14M | $1.03B | $1.10B | $1.28B | $1.36B | $1.45B | $1.51B |
| EBITDA margin | 28.9% | 27.4% | 32.5% | 57.4% | 63.9% | 72.0% | 75.1% | 70.3% | 82.9% | 89.7% | 90.2% | 97.9% | 94.2% | 94.7% | 94.6% |
| EBIT | $52.51M | $43.67M | $49.70M | $258.51M | $257.42M | $248.71M | $363.56M | $339.71M | $697.16M | $791.73M | $845.47M | $1.03B | $1.08B | $1.18B | $1.23B |
| Interest expense | $0.00 | $0.00 | $19.25M | $117.03M | $124.18M | $185.90M | $217.07M | $247.68M | $301.52M | $282.14M | $283.04M | $309.29M | $323.39M | $366.90M | $373.88M |
| Income tax | $18.88M | $14.43M | $17.30M | $3.41M | $7.44M | $7.54M | $9.79M | $4.96M | $4.76M | $3.88M | $28.34M | $17.05M | $2.00M | $2.13M | — |
| Effective tax rate | 41.4% | 38.6% | 46.6% | 1.8% | 5.5% | 2.5% | 2.5% | 1.4% | 1.2% | 0.8% | 5.0% | 2.4% | 0.3% | 0.3% | 0.0% |
| Net income | $26.68M | $22.92M | $19.83M | $185.38M | $128.12M | $289.31M | $380.60M | $339.52M | $390.88M | $505.71M | $534.05M | $684.65M | $734.28M | $784.62M | $825.11M |
| Net income growth (YoY) | — | -14.1% | -13.5% | +834.9% | -30.9% | +125.8% | +31.6% | -10.8% | +15.1% | +29.4% | +5.6% | +28.2% | +7.2% | +6.9% | +5.2% |
| Profit margin | 11.5% | 10.9% | 8.2% | 29.2% | 22.3% | 34.9% | 39.2% | 32.2% | 33.9% | 43.9% | 43.9% | 52.2% | 51.0% | 51.2% | 51.7% |