Gaming & Leisure Properties, Inc. (GLPI) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Gaming & Leisure Properties reported revenue of $1.59B, up 4.1% from $1.53B the year before. Net income was $825.1M (a 51.7% net margin), or $2.95 per diluted share. Gross margin was 75.3% and operating margin was 75.3%. Operating activities generated $1.13B of cash. At fiscal year end, Gaming & Leisure Properties held $12.91B in total assets against $7.90B in total liabilities.
Open the full interactive Gaming & Leisure Properties financials → Quarterly statements, key ratios, valuation history and price charts.
Gaming & Leisure Properties Key Stats
| Share Price | $38.35 |
|---|---|
| Market Cap | $10.96B |
| P/E Ratio | 13.0 |
| Dividend Yield | 8.22% |
| Revenue YoY Growth | +4.1% |
| 52-Week Range | $37.59 – $47.21 |
| Shares Outstanding | 285.7 million (basic, 2026 Q2) |
Gaming & Leisure Properties Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.15B | $1.22B | $1.31B | $1.44B | $1.53B | $1.59B |
| Cost of Goods Sold | — | $53.0M | $0 | $0 | $400.9M | $393.3M |
| Gross Profit | — | $1.16B | $1.31B | $1.44B | $1.13B | $1.20B |
| Operating Income | $809.3M | $841.8M | $1.03B | $1.07B | $1.13B | $1.20B |
| Pre-Tax Income | $509.6M | $562.4M | $720.3M | $757.4M | $809.8M | $852.6M |
| Income Tax | $3.9M | $28.3M | $17.1M | $2.0M | $2.1M | $2.2M |
| Net Income | $505.7M | $534.0M | $684.7M | $734.3M | $784.6M | $825.1M |
| Diluted EPS | $2.30 | $2.26 | $2.70 | $2.77 | $2.87 | $2.95 |
Gaming & Leisure Properties Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $397.6M | $407.0M | $420.0M | $430.5M |
| Net Income | $241.2M | $267.3M | $231.8M | $228.4M |
| Diluted EPS | $0.85 | $0.95 | $0.82 | $0.80 |
Gaming & Leisure Properties Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Total Assets | $9.03B | $10.69B | $10.93B | $11.81B | $13.08B | $12.91B |
| Total Long-Term Debt | $5.75B | $6.55B | $6.13B | $6.63B | $7.74B | $7.20B |
| Total Liabilities | $6.36B | $7.30B | $6.81B | $7.30B | $8.43B | $7.90B |
| Shareholders' Equity | $2.68B | $3.19B | $3.78B | $4.16B | $4.27B | $4.63B |
Gaming & Leisure Properties Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $428.1M | $803.8M | $920.1M | $1.01B | $1.07B | $1.13B |
| Cash From Investing | -$9.5M | -$1.03B | -$354.5M | -$650.8M | -$1.61B | -$308.8M |
| Cash From Financing | $63.2M | $443.1M | -$1.05B | $86.4M | $311.8M | -$1.06B |
| Free Cash Flow | $427.6M | $789.9M | — | — | — | — |
| Dividends Paid | $230.5M | $633.9M | $770.9M | $834.0M | $830.7M | $871.9M |
Figures from Gaming & Leisure Properties' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Gaming & Leisure Properties financials page for every line item.
Gaming & Leisure Properties Company Profile
| Ticker | GLPI |
|---|---|
| Exchange | Nasdaq |
| Industry | Real Estate Investment Trusts |
| Headquarters | Wyomissing, Pennsylvania |
| Incorporated in | Pennsylvania |
| Fiscal Year End | December 7 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001575965 |
Frequently Asked Questions
What was Gaming & Leisure Properties' revenue in fiscal 2025?
Gaming & Leisure Properties (GLPI) reported revenue of $1.59B for fiscal 2025.
What is Gaming & Leisure Properties' annual revenue history?
Gaming & Leisure Properties' annual revenue by fiscal year: 2020: $1.15B; 2021: $1.22B; 2022: $1.31B; 2023: $1.44B; 2024: $1.53B; 2025: $1.59B.
What was Gaming & Leisure Properties' net income in fiscal 2025?
Gaming & Leisure Properties reported net income of $825.1M for fiscal 2025.
What was Gaming & Leisure Properties' earnings per share (EPS) in fiscal 2025?
Gaming & Leisure Properties' diluted EPS was $2.95 for fiscal 2025 (adjusted for any later stock splits).
What was Gaming & Leisure Properties' revenue last quarter?
In its most recent reported quarter (2026 Q2), Gaming & Leisure Properties reported revenue of $430.5M.
How much debt does Gaming & Leisure Properties have?
Gaming & Leisure Properties reported $7.20B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Gaming & Leisure Properties are outstanding?
Gaming & Leisure Properties reported a weighted average of 285.7 million basic shares outstanding in 2026 Q2.
What is Gaming & Leisure Properties' market cap?
Based on its latest closing price, Gaming & Leisure Properties (GLPI) has a market capitalization of about $10.96B.
When does Gaming & Leisure Properties' fiscal year end?
Gaming & Leisure Properties' fiscal year end, as registered with the SEC, is December 7.
Where is Gaming & Leisure Properties headquartered?
Gaming & Leisure Properties lists its business address in Wyomissing, Pennsylvania in its SEC filings.