
Gaming and Leisure (GLPI) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
394.9M
Gross Profit
380.9M
96.47%
Operating Income
242.1M
61.30%
Net Income
156.2M
39.55%
EPS (Diluted)
$0.54
Balance Sheet Metrics
Total Assets
12.1B
Total Liabilities
7.5B
Shareholders Equity
4.6B
Debt to Equity
1.64
Cash Flow Metrics
Operating Cash Flow
250.9M
Free Cash Flow
239.6M
Revenue & Profitability Trend
Gaming and Leisure Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 1.5B | 1.4B | 1.3B | 1.2B | 1.2B |
Cost of Goods Sold | 47.7M | 45.9M | 52.3M | 90.4M | 85.7M |
Gross Profit | 1.5B | 1.4B | 1.3B | 1.1B | 1.1B |
Gross Margin % | 96.9% | 96.8% | 96.0% | 92.6% | 92.6% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 59.6M | 56.4M | 51.3M | 61.2M | 68.6M |
Other Operating Expenses | - | - | - | 8.2M | - |
Total Operating Expenses | 59.6M | 56.4M | 51.3M | 69.5M | 68.6M |
Operating Income | 1.1B | 1.1B | 962.4M | 820.0M | 767.9M |
Operating Margin % | 73.6% | 74.2% | 73.4% | 67.4% | 66.6% |
Non-Operating Items | |||||
Interest Income | 46.0M | 12.6M | 1.9M | 197.0K | 569.0K |
Interest Expense | 366.9M | 323.4M | 309.3M | 283.0M | 282.1M |
Other Non-Operating Income | 3.8M | -534.0K | 65.3M | 25.3M | 23.3M |
Pre-tax Income | 809.8M | 757.4M | 720.3M | 562.4M | 509.6M |
Income Tax | 2.1M | 2.0M | 17.1M | 28.3M | 3.9M |
Effective Tax Rate % | 0.3% | 0.3% | 2.4% | 5.0% | 0.8% |
Net Income | 807.6M | 755.4M | 703.3M | 534.1M | 505.7M |
Net Margin % | 52.7% | 52.4% | 53.6% | 43.9% | 43.9% |
Key Metrics | |||||
EBITDA | 1.4B | 1.4B | 1.2B | 1.1B | 1.0B |
EPS (Basic) | $2.87 | $2.78 | $2.71 | $2.27 | $2.31 |
EPS (Diluted) | $2.87 | $2.77 | $2.70 | $2.26 | $2.30 |
Basic Shares Outstanding | 273534076 | 264053000 | 252716000 | 235262996 | 218922511 |
Diluted Shares Outstanding | 273534076 | 264053000 | 252716000 | 235262996 | 218922511 |
Income Statement Trend
Gaming and Leisure Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 462.6M | 684.0M | 239.1M | 724.6M | 486.5M |
Short-term Investments | 560.8M | - | - | - | - |
Accounts Receivable | 2.3B | 2.0B | 1.9B | 1.2B | 0 |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | 3.8B | 2.7B | 2.1B | 2.0B | 547.9M |
Non-Current Assets | |||||
Property, Plant & Equipment | 244.6M | 196.3M | 181.2M | 183.1M | 151.3M |
Goodwill | 847.2M | 639.3M | 652.8M | 668.7M | 617.9M |
Intangible Assets | 847.2M | 639.3M | 652.8M | 668.7M | 617.9M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 63.5M | 55.7M | 246.1M | 57.1M | 50.4M |
Total Non-Current Assets | 9.6B | 9.1B | 8.8B | 8.7B | 8.5B |
Total Assets | 13.3B | 11.8B | 10.9B | 10.7B | 9.0B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 5.8M | 7.0M | 6.6M | 63.5M | 375.0K |
Short-term Debt | - | - | - | - | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | 347.2M | 382.5M | 420.4M | 471.2M | 412.1M |
Non-Current Liabilities | |||||
Long-term Debt | 8.0B | 6.9B | 6.4B | 6.8B | 5.9B |
Deferred Tax Liabilities | - | - | - | 0 | 359.0K |
Other Non-Current Liabilities | 296.4M | 36.6M | 27.7M | 39.5M | 40.0M |
Total Non-Current Liabilities | 8.3B | 6.9B | 6.4B | 6.8B | 5.9B |
Total Liabilities | 8.7B | 7.3B | 6.8B | 7.3B | 6.4B |
Equity | |||||
Common Stock | 2.7M | 2.7M | 2.6M | 2.5M | 2.3M |
Retained Earnings | -1.9B | -1.9B | -1.8B | -1.8B | -1.6B |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 4.6B | 4.5B | 4.1B | 3.4B | 2.7B |
Key Metrics | |||||
Total Debt | 8.0B | 6.9B | 6.4B | 6.8B | 5.9B |
Working Capital | 3.4B | 2.4B | 1.7B | 1.5B | 135.8M |
Balance Sheet Composition
Gaming and Leisure Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 807.6M | 755.4M | 703.3M | 534.1M | 505.7M |
Depreciation & Amortization | 273.4M | 276.4M | 254.5M | 252.0M | 243.0M |
Stock-Based Compensation | 24.3M | 22.9M | 20.4M | 16.8M | 20.0M |
Working Capital Changes | -4.5M | -1.7M | 5.0K | 7.0M | 5.8M |
Operating Cash Flow | 1.0B | 1.0B | 965.0M | 821.2M | 452.5M |
Investing Activities | |||||
Capital Expenditures | - | 0 | 148.7M | 2.1M | 15.0K |
Acquisitions | 1.8M | 0 | 0 | 59.0M | 0 |
Investment Purchases | -1.1B | -100.2M | -129.0M | -592.2M | 0 |
Investment Sales | 341.0M | - | - | - | - |
Investing Cash Flow | -925.4M | -140.2M | 19.7M | -527.2M | 15.0K |
Financing Activities | |||||
Share Repurchases | - | - | - | - | - |
Dividends Paid | -830.7M | -834.0M | -770.9M | -633.9M | -230.5M |
Debt Issuance | 1.5B | 1.1B | 424.0M | 795.0M | 2.1B |
Debt Repayment | -463.6M | -585.1M | -1.3B | -363.4M | -2.1B |
Financing Cash Flow | 336.5M | 86.4M | -1.1B | 443.1M | 63.2M |
Free Cash Flow | 1.0B | 961.9M | 896.1M | 787.6M | 424.5M |
Net Change in Cash | 427.8M | 946.5M | -66.5M | 737.1M | 515.7M |
Cash Flow Trend
Gaming and Leisure Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
18.23
Forward P/E
16.01
Price to Book
2.94
Price to Sales
8.57
PEG Ratio
-0.64
Profitability Ratios
Profit Margin
45.91%
Operating Margin
61.30%
Return on Equity
15.69%
Return on Assets
5.55%
Financial Health
Current Ratio
3.02
Debt to Equity
145.89
Beta
0.72
Per Share Data
EPS (TTM)
$2.60
Book Value per Share
$16.10
Revenue per Share
$5.69
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
glpi | 13.4B | 18.23 | 2.94 | 15.69% | 45.91% | 145.89 |
American Tower | 99.2B | 39.53 | 26.72 | 24.28% | 12.60% | 431.47 |
Equinix | 75.6B | 75.78 | 5.37 | 7.51% | 11.13% | 154.90 |
Digital Realty | 58.0B | 43.73 | 2.56 | 5.84% | 24.32% | 80.67 |
Crown Castle | 45.2B | 36.57 | -32.67 | -183.28% | -71.71% | -21.39 |
Iron Mountain | 26.7B | 646.79 | -56.35 | -79.54% | 0.64% | -36.91 |
Financial data is updated regularly. All figures are in the company's reporting currency.