GLPI is a self-administered and self-managed Pennsylvania REIT. GLPI was incorporated on February 13, 2013, as a wholly-owned subsidiary of PENN Entertainment, Inc., formerly known as Penn National Gaming, Inc. (NASDAQ: PENN) ("PENN"). On November 1, 2013, PENN contributed to the Company, through a series of internal corporate restructurings, substantially all of the assets and liabilities associated with PENN's real property interests and real estate development business, as well as the assets and liabilities of Hollywood Casino Baton Rouge and Hollywood Casino Perryville (which are referred to as the "TRS Properties") and then spun-off GLPI to holders of PENN's common and preferred stock in a tax-free distribution (the "Spin-Off"). Since 2021, the Company has been structured as an umbrella partnership REIT under which substantially all of its business is conducted through GLP Capital, L.P. ("GLP Capital"), the day-to-day management of which is exclusively controlled by GLPI.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.6B | 1.6B | 1.5B | 1.4B | 1.3B | 1.2B |
| Net Income | 824M | 824M | 784M | 734M | 684M | 534M |
| EPS | $2.95 | $2.95 | $2.87 | $2.77 | $2.70 | $2.26 |
| Free Cash Flow | 825M | 825M | 1.1B | 1.0B | 920M | 790M |
| ROIC | 9.0% | 9.2% | 9.2% | 9.0% | 9.1% | 8.2% |
| Gross Margin | - | - | - | 80.8% | 80.6% | 74.9% |
| Debt/Equity | 1.94 | 1.94 | 2.22 | 2.02 | 1.91 | 2.28 |
| Dividends/Share | $3.12 | $3.10 | $3.04 | $3.15 | $2.85 | $2.86 |
| Operating Income | 1.2B | 1.2B | 1.1B | 1.1B | 1.0B | 842M |
| Operating Margin | 75.3% | 75.3% | 73.8% | 74.2% | 78.5% | 69.2% |
| ROE | 17.8% | 18.5% | 18.6% | 17.7% | 18.2% | 17.6% |
| Shares Outstanding | 279M | 279M | 273M | 265M | 253M | 236M |
Gaming & Leisure Properties, Inc. passes 5 of 9 quality checks, suggesting mixed fundamentals.
Gaming & Leisure Properties, Inc. trades at 15.8x trailing earnings, compared to its 15-year median P/E of 15.4x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 16.0x vs a median of 11.2x. The company's 5-year average ROIC is 8.9% with a gross margin of 78.8%. Total shareholder yield (dividends) is 6.7%. At current prices, the estimated annualized return to fair value is +4.9%.
Gaming & Leisure Properties, Inc. (GLPI) has a current P/E ratio of 15.8, compared to its historical median P/E of 15.4. The stock is currently considered Fair based on its historical valuation range.
Gaming & Leisure Properties, Inc. (GLPI) has a 5-year average return on invested capital (ROIC) of 8.9%. This is below average and may indicate limited pricing power.
Gaming & Leisure Properties, Inc. (GLPI) has a market capitalization of $13.1B. It is classified as a large-cap stock.
Yes, Gaming & Leisure Properties, Inc. (GLPI) pays a dividend with a trailing twelve-month yield of 6.68%.
Based on historical P/E analysis, Gaming & Leisure Properties, Inc. (GLPI) appears fair. The current P/E of 15.8 is 3% above its historical median of 15.4. The estimated fair value CAGR (P/E method) is 8.8%.
Gaming & Leisure Properties, Inc. (GLPI) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
Gaming & Leisure Properties, Inc. (GLPI) reported annual revenue of $1.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
Gaming & Leisure Properties, Inc. (GLPI) has a net profit margin of 51.7%. This is a strong margin indicating high profitability.
Gaming & Leisure Properties, Inc. (GLPI) generated $825 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Gaming & Leisure Properties, Inc. (GLPI) has a debt-to-equity ratio of 1.94. This indicates higher leverage, which may increase financial risk.
Gaming & Leisure Properties, Inc. (GLPI) reported earnings per share (EPS) of $2.95 in its most recent fiscal year.
Gaming & Leisure Properties, Inc. (GLPI) has a return on equity (ROE) of 18.5%. This indicates the company generates strong returns for shareholders.
Gaming & Leisure Properties, Inc. (GLPI) has a 5-year average gross margin of 78.8%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 15 years of financial data for Gaming & Leisure Properties, Inc. (GLPI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Gaming & Leisure Properties, Inc. (GLPI) has a book value per share of $16.56, based on its most recent annual SEC filing.