Gaming & Leisure Properties

Gaming & Leisure Properties

GLPI · NASDAQ · Real Estate / REIT - Specialty

39.34USD+0.24 (+0.61%)

Price History

Full chart

Market Stats

Previous Close39.10
Open39.16
Day Range38.94 – 39.54
52-Week Range38.32 – 47.34
Volume2.72M
Market Cap11.54B
P/E (TTM)11.27
Forward P/E11.79
EPS3.42
Dividend Yield8.51%
Beta0.68
50-Day Avg42.90
200-Day Avg45.28

About

Gaming and Leisure Properties, Inc. is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties. The Company also extends loans that produce fixed or variable returns which may convert into leased rent upon project completion or stabilization. Gaming and Leisure Properties, Inc. was established on February 13th, 2013, incorporated in 2013 in Pennsylvania in and is based in Wyomissing, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Specialty
  • CEOMr. Peter M. Carlino
  • Employees20
  • Headquarters845 Berkshire Boulevard, Wyomissing, PA, United States, 19610-1247, USA
  • Websitehttps://www.glpropinc.com

Leadership

  • Mr. Peter M. CarlinoChairman of the Board & CEO · b. 1946
  • Mr. Brandon John MoorePresident, COO & Secretary · b. 1975
  • Ms. Desiree A. Burke CPACFO & Treasurer · b. 1965
  • Mr. Steven L. LadanySenior VP & Chief Development Officer · b. 1981
  • Mr. Carlo SantarelliSenior Vice President of Corporate Strategy & Investor Relations

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue231.88M210.64M242.13M635.95M575.05M828.25M971.31M1.06B1.15B1.15B1.22B1.31B1.44B1.53B1.59B
Growth (%)--9.16%+14.95%+162.65%-9.58%+44.03%+17.27%+8.69%+9.26%-0.03%+5.48%+7.84%+9.81%+6.33%+4.13%
Cost of Revenue140.00M127.82M100.14M144.88M122.19M151.91M189.16M194.24M117.14M85.74M90.43M52.35M45.93M47.67M604.22M
Gross Profit91.89M82.83M141.99M491.06M452.87M676.34M782.15M861.49M1.04B1.07B1.13B1.26B1.39B1.48B990.54M
Gross Margin39.63%39.32%58.64%77.22%78.75%81.66%80.53%81.60%89.84%92.56%92.57%96.01%96.81%96.89%62.11%
Operating Expense39.37M39.16M81.41M187.68M195.45M195.72M176.63M267.68M318.91M258.15M284.15M229.42M325.76M353.19M-210.79M
Operating Income52.51M43.67M60.58M303.38M257.42M480.62M605.52M593.81M717.42M809.27M841.77M1.03B1.07B1.13B1.20B
Operating Margin22.65%20.73%25.02%47.71%44.76%58.03%62.34%56.25%62.20%70.18%69.20%78.52%74.20%73.83%75.33%
EBITDA67.08M57.76M78.63M365.35M367.20M596.34M729.35M742.17M956.14M1.03B1.10B1.28B1.36B1.45B1.51B
EBITDA Margin28.93%27.42%32.47%57.45%63.85%72.00%75.09%70.30%82.89%89.73%90.23%97.90%94.22%94.68%94.65%
Net Income26.68M22.92M19.83M185.38M128.12M289.31M380.60M339.52M390.88M505.71M534.05M684.65M734.28M784.62M825.11M
Net Income Margin11.51%10.88%8.19%29.15%22.28%34.93%39.18%32.16%33.89%43.85%43.91%52.20%50.98%51.23%51.74%
R&D--0000.360.40.330.340.440.460.550.53--
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0019.25M117.03M124.18M185.90M217.07M247.68M301.52M282.14M283.04M309.29M323.39M366.90M373.88M
Interest Expense % of Total Revenue0.00%0.00%7.95%18.40%21.60%22.44%22.35%23.46%26.14%24.47%23.27%23.58%22.45%23.96%23.44%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-261.34M267.07M2.61B2.56B2.45B7.37B7.25B8.58B8.43B9.03B10.69B10.93B11.81B13.33B12.91B
Total Liabilities-41.43M30.75M2.47B2.70B2.70B4.94B4.79B6.31B6.36B6.36B7.30B6.81B7.30B8.69B7.90B
Total Equity-219.91M236.33M142.43M-124.74M-253.51M2.43B2.46B2.27B2.07B2.68B3.19B3.78B4.16B4.27B4.63B
Cash-17.15M14.56M285.22M35.97M41.88M36.56M29.05M25.78M26.82M486.45M724.60M239.08M683.98M462.63M224.31M
Total Debt---2.65B2.57B2.51B4.67B4.48B6.26B5.97B5.91B6.79B6.36B6.88B8.04B7.79B
Net Debt---14.56M2.36B2.53B2.47B4.63B4.41B5.83B5.94B5.42B6.07B6.13B6.19B7.58B7.57B

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow56.84M26.74M80.63M273.26M319.69M514.37M598.71M654.43M750.30M428.08M803.78M920.13M1.01B1.07B1.13B
Investing Cash Flow-8.17M-4.81M-16.27M-317.32M-14.14M-3.22B698.00K-1.51B-2.82M-9.49M-1.03B-354.49M-650.83M-1.61B-308.76M
Financing Cash Flow-50.44M-24.52M206.30M-205.19M-299.64M2.70B-606.91M852.08M-746.45M63.17M443.07M-1.05B86.35M311.82M-1.06B
Capital Expenditure8.29M5.19M16.43M142.77M19.10M3.44M3.26M4.30M3.02M3.60M16.20M24.02M47.44M39.69M304.44M
Free Cash Flow48.55M21.55M64.20M130.49M300.59M510.93M595.46M650.13M747.28M424.47M787.58M896.10M961.93M1.03B824.97M
Dividends Paid--2.09B494.10M251.73M428.35M529.37M550.43M589.13M230.52M633.90M770.86M833.98M830.72M871.87M
FCF to OCF85.42%80.59%79.63%47.75%94.02%99.33%99.46%99.34%99.60%99.16%97.99%97.39%95.30%96.30%73.04%
Dividend Paid to FCF--3255.25%378.65%83.75%83.84%88.90%84.67%78.84%54.31%80.49%86.02%86.70%80.41%105.68%

Earnings

Report DateNov 25, 2013Feb 20, 2014Apr 30, 2014Jul 29, 2014Oct 28, 2014Feb 3, 2015May 4, 2015Jul 30, 2015Oct 29, 2015Feb 4, 2016Apr 26, 2016Aug 9, 2016Nov 8, 2016Feb 2, 2017Apr 27, 2017Jul 27, 2017Oct 26, 2017Feb 8, 2018Apr 25, 2018Aug 1, 2018Nov 1, 2018Feb 13, 2019May 6, 2019Aug 7, 2019Oct 31, 2019Feb 20, 2020Apr 30, 2020Jul 30, 2020Oct 27, 2020Feb 18, 2021Apr 29, 2021Jul 29, 2021Oct 28, 2021Feb 24, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Feb 23, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Feb 27, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Feb 25, 2025Apr 24, 2025Jul 24, 2025Oct 30, 2025Feb 19, 2026Apr 23, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.760.330.420.390.410.380.420.410.410.270.280.380.430.430.440.450.450.450.450.490.490.490.500.500.490.530.510.460.530.570.560.560.600.570.620.650.630.640.700.660.700.700.720.730.740.720.770.780.770.740.771.001.00
EPS Actual0.020.080.260.270.280.260.270.260.190.170.180.260.290.300.300.300.300.430.300.300.330.330.330.290.350.360.430.520.580.740.540.590.630.500.480.600.850.750.700.590.700.780.640.770.670.790.580.540.860.940.791.03-
Surprise-97.37%-75.76%-38.10%-30.77%-31.71%-31.58%-35.71%-36.59%-53.66%-37.04%-35.71%-31.58%-32.56%-30.23%-31.82%-33.33%-33.33%-4.44%-33.33%-38.78%-32.65%-32.65%-34.00%-42.00%-28.57%-32.08%-15.69%13.04%9.43%29.82%-3.57%5.36%5.00%-12.28%-22.58%-7.69%34.92%17.19%0.00%-10.61%0.00%11.43%-11.11%5.48%-9.46%9.72%-24.68%-30.77%11.69%27.03%2.60%3.00%-
TimingPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap11.54B
Enterprise Value19.48B
Trailing P/E11.27
Forward P/E11.79
PEG Ratio8.08
Price / Sales6.97
Price / Book2.29
EPS3.42
Book Value17.13
Revenue (TTM)1.66B
Gross Profit (TTM)1.69B
EBITDA1.65B
Profit Margin58.53%
Operating Margin77.48%
Return on Equity19.35%
Return on Assets6.42%
Shares Outstanding290.92M
Shares Float278.54M
Beta0.68
Dividend Yield8.51%
Dividend Rate3.28
Payout Ratio88.40%

Analyst Ratings

Buy
Based on 24 analystsTarget 52.39
  • Strong Buy
    11
  • Buy
    4
  • Hold
    8
  • Sell
    1

Ownership Breakdown

Institutions
97.25%
Insiders
4.01%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    35.32M12.14%
  • Vanguard Portfolio Management, LLC
    24.04M8.26%
  • Dodge & Cox
    13.77M4.73%
  • State Street Corp
    13.17M4.53%
  • Wellington Management Company LLP
    12.48M4.29%
  • Vanguard Capital Management, LLC
    12.20M4.19%
  • Geode Capital Management, LLC
    8.26M2.84%
  • Principal Financial Group Inc
    6.68M2.30%
  • Citadel Advisors Llc
    6.12M2.10%
  • Bank of America Corp
    5.98M2.06%
  • Cohen & Steers Inc
    5.62M1.93%
  • Morgan Stanley - Brokerage Accounts
    4.22M1.45%
  • Jennison Associates LLC
    4.12M1.42%
  • Dimensional Fund Advisors, Inc.
    4.12M1.42%

Top Fund Holders

  • Dodge & Cox Stock I
    10.14M3.49%
  • Vanguard Real Estate Index Investor
    10.12M3.48%
  • iShares Core S&P Mid-Cap ETF
    9.92M3.41%
  • Vanguard MStar Total Stk Mkt Idx Invest
    8.55M2.94%
  • Vanguard Small Cap Index
    6.19M2.13%
  • Vanguard Wellesley® Income Inv
    4.35M1.49%

Dividends

20263×
0.82Sep 11, 20260.82Jun 12, 20260.78Mar 13, 2026
20254×
0.78Dec 5, 20250.78Sep 12, 20250.78Jun 13, 20250.76Mar 14, 2025
20244×
0.76Dec 6, 20240.76Sep 13, 20240.76Jun 7, 20240.76Mar 14, 2024
20234×
0.73Dec 7, 20230.73Sep 14, 20230.72Jun 15, 20230.97Mar 9, 2023
20224×
0.70Dec 8, 20220.70Sep 15, 20220.70Jun 9, 20220.69Mar 10, 2022
20215×
0.24Dec 23, 20210.67Dec 8, 20210.67Sep 9, 20210.67Jun 10, 20210.65Mar 8, 2021

Stock Splits

  • Nov 13, 2020505533:500000
  • Aug 14, 20201012711:1000000