Gaming and Leisure Properties, Inc.

GLPI Real Estate Reit Specialty

Gaming and Leisure Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 4.13% from fiscal 2024.

Revenue
+9.52%
EPS
−16.5%
Free cash flow
−47.0%
Total debt
+12.1%

Quarter to September 2026, against a year earlier

38.68 0.76 −1.93%
Market cap
$11.5B
P/E
12.1×
Fwd P/E
12.0×
Dividend yield
8.11%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Gaming and Leisure Properties, Inc. (GLPI) Operating margin

Alert me on Operating margin

Gaming and Leisure Properties, Inc.'s operating margin over the twelve months to 30 September 2026 was 79.1%, up 3.8 percentage points from fiscal 2025 (75.3%). Over the past ten years it has ranged from 44.8% (fiscal 2015) to 78.5% (fiscal 2022); the current reading is higher than 91% of that period. That is above the Reit Specialty industry median of 20.7% and above the Real Estate sector median of 17.8%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 75.3% 1.51
FY2024 73.8% (0.37)
FY2023 74.2% (4.32)
FY2022 78.5% 9.32
FY2021 69.2% (0.98)
FY2020 70.2% 7.98
FY2019 62.2% 5.95
FY2018 56.3% (6.09)
FY2017 62.3% 4.31
FY2016 58.0% 13.27

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 71.2% (6.03)
Jun 2026 77.2% (2.16)
Mar 2026 79.4% (9.91)
Dec 2025 89.3% 4.48
43 more quarters

Against its own ten years

Low 44.8% High 78.5%
Ten-year median 69.2%
Current reading's percentile 93

Operating margin against peers

Company Operating margin
GLPI Gaming and Leisure Properties, Inc. 79.1%
EPR EPR Properties compare 59.0%
SBAC SBA Communications Corporation compare 47.7%
CCI Crown Castle Inc. compare 47.1%
LAMR Lamar Advertising Company compare 32.1%
OUT OUTFRONT Media Inc. compare 20.5%
IRM Iron Mountain Incorporated compare 19.5%
WY Weyerhaeuser Company compare 11.7%
RYN Rayonier Inc. compare 5.96%
Reit Specialty industry median 20.7%
Real Estate sector median 17.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on GLPI