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Gaming and Leisure Properties (GLPI) Financials

Gaming and Leisure Properties logo
$48.88 +0.45 (+0.94%)
As of 03:27 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
Annual Income Statements for Gaming and Leisure Properties

Annual Income Statements for Gaming and Leisure Properties

This table shows Gaming and Leisure Properties' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
128 106 381 340 391 506 534 685 734 785
Consolidated Net Income / (Loss)
128 106 381 340 391 506 534 703 755 808
Net Income / (Loss) Continuing Operations
128 289 381 340 391 506 534 703 755 808
Total Pre-Tax Income
257 481 606 345 396 510 562 720 757 810
Total Revenue
575 828 971 808 1,153 1,176 1,238 1,377 1,440 1,530
Net Interest Income / (Expense)
0.00 0.00 0.00 -248 29 0.00 0.00 0.00 1.04 0.00
Total Interest Income
0.00 0.00 0.00 0.00 29 0.00 0.00 0.00 1.04 0.00
Total Interest Expense
0.00 0.00 0.00 248 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income
575 828 971 1,056 1,125 1,176 1,238 1,377 1,439 1,530
Other Service Charges
154 - - 6.94 - 19 - 0.00 - 10
Net Realized & Unrealized Capital Gains on Investments
- - - 0.31 - 23 22 65 0.02 3.79
Other Non-Interest Income
422 828 971 1,049 1,125 1,134 1,216 1,312 1,439 1,516
Provision for Credit Losses
- - - - - - - 6.90 - 37
Total Non-Interest Expense
318 348 366 462 436 385 396 342 372 367
Other Operating Expenses
208 238 252 265 196 154 152 100 105 107
Depreciation Expense
110 110 113 137 240 231 236 239 263 260
Impairment Charge
- 0.00 0.00 59 - 0.00 0.00 3.30 -2.19 0.00
Nonoperating Income / (Expense), net
- - - -1.65 -322 -282 -279 -307 -311 -321
Income Tax Expense
7.44 7.55 9.79 4.96 4.76 3.88 28 17 2.00 2.13
Net Income / (Loss) Attributable to Noncontrolling Interest
- - - - 0.00 0.00 0.04 19 21 23
Basic Earnings per Share
$1.12 $1.62 $1.80 $1.59 $1.82 $2.31 $2.27 $2.71 $2.78 $2.87
Weighted Average Basic Shares Outstanding
114.43M 178.59M 333.10M 368.30M 215.10M 232.78M 247.54M 262.35M 271.50M 274.83M
Diluted Earnings per Share
$1.08 $1.60 $1.79 $1.58 $1.81 $2.30 $2.26 $2.70 $2.77 $2.87
Weighted Average Diluted Shares Outstanding
114.43M 178.59M 333.10M 368.30M 215.10M 232.78M 247.54M 262.35M 271.50M 274.83M
Weighted Average Basic & Diluted Shares Outstanding
114.43M 178.59M 333.10M 368.30M 215.10M 232.78M 247.54M 262.35M 271.50M 274.83M
Cash Dividends to Common per Share
$2.18 $2.32 $2.50 $2.57 $2.74 $2.50 $2.86 $2.85 $3.15 $3.04

Quarterly Income Statements for Gaming and Leisure Properties

This table shows Gaming and Leisure Properties' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
220 194 183 156 184 211 174 208 185 217
Consolidated Net Income / (Loss)
226 200 189 160 189 217 180 214 190 224
Net Income / (Loss) Continuing Operations
226 200 189 160 189 217 180 214 190 224
Total Pre-Tax Income
241 200 189 160 190 218 180 215 191 224
Total Revenue
401 336 355 357 360 370 376 381 388 386
Total Non-Interest Income
401 336 355 357 360 369 376 381 388 386
Other Service Charges
37 -101 37 37 38 - 44 46 48 -127
Other Non-Interest Income
297 438 318 319 321 481 332 335 337 513
Provision for Credit Losses
-0.02 -22 -5.65 28 1.61 - 23 -3.79 28 -9.94
Total Non-Interest Expense
84 83 94 90 90 98 95 91 90 91
Other Operating Expenses
24 23 28 25 26 26 30 26 25 27
Depreciation Expense
60 60 66 66 66 66 65 65 65 65
Nonoperating Income / (Expense), net
-76 -75 -77 -78 -79 -78 -77 -79 -81 -84
Income Tax Expense
15 0.62 0.52 0.04 0.48 0.96 0.64 0.41 0.52 0.57
Net Income / (Loss) Attributable to Noncontrolling Interest
6.27 5.47 5.32 4.51 5.30 5.96 5.06 6.16 5.41 6.40
Basic Earnings per Share
$0.86 $0.76 $0.70 $0.59 $0.70 $0.79 $0.64 $0.77 $0.67 $0.79
Weighted Average Basic Shares Outstanding
257.52M 262.35M 262.36M 262.64M 267.02M 271.50M 271.50M 274.39M 274.39M 274.83M
Diluted Earnings per Share
$0.85 $0.76 $0.70 $0.59 $0.70 $0.78 $0.64 $0.77 $0.67 $0.79
Weighted Average Diluted Shares Outstanding
257.52M 262.35M 262.36M 262.64M 267.02M 271.50M 271.50M 274.39M 274.39M 274.83M
Weighted Average Basic & Diluted Shares Outstanding
257.52M 262.35M 262.36M 262.64M 267.02M 271.50M 271.50M 274.39M 274.39M 274.83M

Annual Cash Flow Statements for Gaming and Leisure Properties

This table details how cash moves in and out of Gaming and Leisure Properties' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
5.90 -5.32 -7.50 -6.54 1.04 482 238 -486 445 -221
Net Cash From Operating Activities
320 514 599 654 750 428 804 920 1,009 1,073
Net Cash From Continuing Operating Activities
320 514 599 654 750 406 804 920 1,009 1,073
Net Income / (Loss) Continuing Operations
128 289 381 340 391 506 534 703 755 808
Consolidated Net Income / (Loss)
128 289 381 340 391 506 534 703 755 808
Provision For Loan Losses
- - - - 13 0.00 8.23 6.90 6.46 37
Depreciation Expense
110 116 124 148 259 243 252 255 276 273
Amortization Expense
14 15 13 12 11 11 9.93 9.98 9.86 11
Non-Cash Adjustments to Reconcile Net Income
72 75 82 136 71 -336 -3.59 -46 -16 -46
Changes in Operating Assets and Liabilities, net
-4.24 19 -0.32 18 4.87 -18 3.08 -8.72 -22 -10
Net Cash From Investing Activities
-14 -3,219 0.70 -1,510 -2.82 -9.49 -1,031 -354 -651 -1,606
Net Cash From Continuing Investing Activities
-14 -3,219 0.70 -1,510 -2.82 -9.49 -1,031 -354 -651 -1,606
Purchase of Property, Leasehold Improvements and Equipment
-19 -3.44 -3.26 -4.28 -3.02 -3.60 -16 -24 -47 -40
Purchase of Investment Securities
0.00 -3,268 -83 -1,547 0.00 -5.90 -1,080 -479 -603 -1,909
Sale of Property, Leasehold Improvements and Equipment
0.31 1.13 0.93 3.21 0.20 0.02 2.09 149 0.00 0.00
Divestitures
- - - - 0.00 0.00 59 0.00 0.00 1.80
Sale and/or Maturity of Investments
4.65 52 86 38 - - - 0.00 0.00 341
Net Cash From Financing Activities
-300 2,699 -607 852 -746 63 443 -1,051 86 312
Net Cash From Continuing Financing Activities
-300 2,699 -607 852 -746 63 443 -1,051 86 312
Issuance of Debt
0.00 2,552 100 2,593 1,359 2,076 795 424 1,078 1,522
Repayment of Debt
-68 -377 -335 -1,198 -1,497 -2,077 -363 -1,271 -585 -464
Payment of Dividends
-252 -428 -529 -550 -589 -231 -634 -771 -834 -831
Other Financing Activities, Net
20 82 18 7.54 -19 294 645 567 428 84

Quarterly Cash Flow Statements for Gaming and Leisure Properties

This table details how cash moves in and out of Gaming and Leisure Properties' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
53 180 -232 2.63 72 603 -472 -117 400 -32
Net Cash From Operating Activities
241 221 241 252 253 263 258 252 270 292
Net Cash From Continuing Operating Activities
241 221 241 252 253 263 258 252 270 292
Net Income / (Loss) Continuing Operations
226 200 189 160 189 217 180 214 190 224
Consolidated Net Income / (Loss)
226 200 189 160 189 217 180 214 190 224
Provision For Loan Losses
-0.02 -22 -5.65 28 1.61 -18 23 -3.79 28 -9.94
Depreciation Expense
63 63 69 69 70 69 69 69 68 68
Amortization Expense
2.35 2.38 2.50 2.41 2.41 2.55 2.68 2.69 -43 49
Non-Cash Adjustments to Reconcile Net Income
-71 15 -5.72 -9.17 -9.52 7.94 -18 -22 29 -36
Changes in Operating Assets and Liabilities, net
21 -37 -7.46 1.49 -0.10 -16 1.44 -8.21 -0.94 -2.60
Net Cash From Investing Activities
-58 -7.53 -422 -24 -189 -16 -448 -156 -572 -429
Net Cash From Continuing Investing Activities
-58 -7.53 -422 -24 -189 -16 -448 -156 -572 -429
Purchase of Investment Securities
-206 16 -422 -24 -189 32 -448 -158 -914 -389
Sale of Property, Leasehold Improvements and Equipment
149 - - - - - - - - -1.80
Net Cash From Financing Activities
-130 -33 -51 -226 7.85 355 -282 -213 702 105
Net Cash From Continuing Financing Activities
-130 -33 -51 -226 7.85 355 -282 -213 702 105
Issuance of Debt
- - 660 15 10 393 0.00 - 1,189 332
Repayment of Debt
-394 -0.04 -500 -60 -15 -10 -64 -0.04 -400 -0.04
Payment of Dividends
-182 -184 -255 -189 -192 -198 -207 -207 -209 -209
Other Financing Activities, Net
445 151 43 8.85 205 170 -12 -6.15 121 -19

Annual Balance Sheets for Gaming and Leisure Properties

This table presents Gaming and Leisure Properties' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
2,448 7,369 7,247 8,577 8,434 9,034 10,690 10,930 11,807 13,076
Cash and Due from Banks
42 37 29 - 27 486 725 239 684 463
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
2,220 4,449 4,410 8,106 8,033 8,442 8,629 8,542 9,004 9,241
Other Assets
98 2,798 2,722 420 361 106 1,336 2,149 2,079 3,381
Total Liabilities & Shareholders' Equity
2,448 7,369 7,247 8,577 8,434 9,034 10,690 10,930 11,807 13,076
Total Liabilities
2,702 4,935 4,789 6,312 6,360 6,359 7,300 6,812 7,298 8,430
Accrued Interest Payable
18 34 33 45 61 72 72 82 83 106
Long-Term Debt
2,510 4,665 4,443 5,853 5,738 5,755 6,552 6,128 6,628 7,736
Other Long-Term Liabilities
18 20 25 363 561 532 606 588 573 589
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-254 2,434 2,458 2,266 2,074 2,675 3,390 4,118 4,509 4,646
Total Preferred & Common Equity
-254 2,434 2,458 2,266 2,074 2,675 3,185 3,778 4,157 4,269
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-254 2,434 2,458 2,266 2,074 2,675 3,189 3,785 4,165 4,269
Common Stock
936 3,763 3,936 3,955 3,962 4,287 4,956 5,576 6,055 6,213
Retained Earnings
-1,190 -1,329 -1,478 -1,689 -1,887 -1,612 -1,771 -1,798 -1,898 -1,944
Noncontrolling Interest
- - - - - 0.00 205 340 352 377

Quarterly Balance Sheets for Gaming and Leisure Properties

This table presents Gaming and Leisure Properties' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
10,776 11,116 11,032 11,236 11,784 11,777 12,681
Cash and Due from Banks
59 6.82 9.45 81 212 94 494
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
8,597 9,149 9,083 9,066 8,936 8,874 8,840
Other Assets
2,119 1,960 1,939 2,050 2,584 2,718 3,347
Total Liabilities & Shareholders' Equity
10,776 11,116 11,032 11,236 11,784 11,777 12,681
Total Liabilities
6,828 6,998 6,929 6,925 7,286 7,272 8,056
Accrued Interest Payable
87 78 81 78 87 82 96
Long-Term Debt
6,126 6,291 6,249 6,246 6,630 6,633 7,413
Other Long-Term Liabilities
603 619 591 581 562 549 548
Total Equity & Noncontrolling Interests
3,947 4,118 4,103 4,310 4,498 4,505 4,625
Total Preferred & Common Equity
3,607 3,765 3,751 3,959 4,127 4,134 4,255
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
3,607 3,765 3,751 3,959 4,127 4,134 4,255
Common Stock
5,416 5,635 5,654 5,870 6,057 6,063 6,207
Retained Earnings
-1,808 -1,870 -1,903 -1,912 -1,930 -1,928 -1,952
Noncontrolling Interest
340 353 352 352 371 371 370

Annual Metrics and Ratios for Gaming and Leisure Properties

This table displays calculated financial ratios and metrics derived from Gaming and Leisure Properties' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-3.11% 44.03% 17.27% -16.78% 42.69% 1.99% 5.24% 11.22% 4.61% 6.24%
EBITDA Growth
47.29% 60.40% 21.41% -31.67% 94.74% 5.75% 5.66% 17.08% 4.85% 4.08%
EBIT Growth
78.86% 86.71% 25.99% -42.74% 106.90% 10.28% 6.40% 22.09% 3.99% 5.33%
NOPAT Growth
80.09% 89.25% 25.93% -42.63% 107.39% 10.77% 1.81% 25.53% 6.23% 5.80%
Net Income Growth
-7.70% -17.63% 260.65% -10.79% 15.13% 29.38% 5.61% 31.68% 7.41% 6.92%
EPS Growth
-8.47% 48.15% 11.88% -11.73% 14.56% 27.07% -1.74% 19.47% 2.59% 3.61%
Operating Cash Flow Growth
16.99% 60.90% 16.40% 9.31% 14.65% -42.95% 87.76% 14.48% 9.70% 6.28%
Free Cash Flow Firm Growth
66.77% -1,228.29% 118.16% -210.43% 215.92% -83.49% -563.49% 197.34% -76.80% -162.78%
Invested Capital Growth
-5.73% 214.55% -2.79% 17.65% -3.78% 7.90% 18.70% 2.47% 8.68% 11.11%
Revenue Q/Q Growth
-3.09% 10.86% 0.20% -43.62% 821.17% -15.83% -8.62% 2.31% 2.20% 1.11%
EBITDA Q/Q Growth
47.91% 10.04% 0.21% -57.55% 1,752.53% -13.10% -9.34% 3.13% 2.20% 4.07%
EBIT Q/Q Growth
86.61% 13.04% 0.21% -67.31% 318.75% -16.76% -12.27% 4.28% 2.20% 0.82%
NOPAT Q/Q Growth
90.80% 13.13% -0.03% -67.55% 389.26% 40.71% 47.66% 10.43% 1.69% 1.21%
Net Income Q/Q Growth
-0.33% -53.18% 92.94% -12.23% 21.20% 12.22% 19.86% -7.65% 2.40% 0.79%
EPS Q/Q Growth
-0.92% 19.40% -3.76% -12.71% 21.48% 10.58% -9.96% 10.66% 0.73% 0.35%
Operating Cash Flow Q/Q Growth
0.19% 12.23% 0.11% 4.24% 4.22% -10.28% 9.58% 3.70% 4.38% 2.82%
Free Cash Flow Firm Q/Q Growth
31.58% 0.44% 3.79% -565.08% 446.34% -62.93% -467.12% 242.19% -68.53% 68.76%
Invested Capital Q/Q Growth
-2.08% -0.18% -0.60% 3.99% -0.55% 5.88% 15.81% 1.71% 5.42% 2.85%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
66.29% 73.83% 76.43% 62.75% 85.64% 88.80% 89.15% 93.85% 94.07% 92.16%
EBIT Margin
44.76% 58.03% 62.34% 42.90% 62.20% 67.25% 67.99% 74.64% 74.19% 73.56%
Profit (Net Income) Margin
22.28% 12.74% 39.18% 42.00% 33.89% 42.99% 43.14% 51.07% 52.44% 52.78%
Tax Burden Percent
49.77% 21.96% 62.85% 98.38% 98.80% 99.24% 94.96% 97.63% 99.74% 99.74%
Interest Burden Percent
100.00% 100.00% 100.00% 99.53% 55.15% 64.41% 66.82% 70.09% 70.87% 71.94%
Effective Tax Rate
2.89% 1.57% 1.62% 1.44% 1.20% 0.76% 5.04% 2.37% 0.26% 0.26%
Return on Invested Capital (ROIC)
10.75% 10.11% 8.51% 4.55% 8.90% 9.67% 8.67% 9.91% 9.96% 9.59%
ROIC Less NNEP Spread (ROIC-NNEP)
5.95% -0.13% 3.79% 4.51% 3.41% 4.81% 4.38% 5.20% 5.10% 5.13%
Return on Net Nonoperating Assets (RNNOA)
-70.37% -0.43% 7.05% 9.82% 9.12% 11.63% 8.94% 8.83% 7.55% 8.06%
Return on Equity (ROE)
-59.62% 9.68% 15.56% 14.37% 18.01% 21.30% 17.61% 18.73% 17.51% 17.64%
Cash Return on Invested Capital (CROIC)
16.65% -93.40% 11.33% -11.67% 12.75% 2.06% -8.43% 7.47% 1.64% -0.94%
Operating Return on Assets (OROA)
10.35% 9.79% 8.29% 4.38% 8.43% 9.06% 8.54% 9.51% 9.40% 9.05%
Return on Assets (ROA)
5.15% 2.15% 5.21% 4.29% 4.60% 5.79% 5.42% 6.51% 6.64% 6.49%
Return on Common Equity (ROCE)
-59.62% 9.68% 15.56% 14.37% 18.01% 21.30% 17.03% 17.40% 16.14% 16.25%
Return on Equity Simple (ROE_SIMPLE)
-50.54% 4.34% 15.48% 14.99% 18.84% 18.91% 16.77% 18.62% 18.17% 18.92%
Net Operating Profit after Tax (NOPAT)
250 473 596 342 709 785 799 1,003 1,066 1,128
NOPAT Margin
43.47% 57.12% 61.33% 42.28% 61.45% 66.74% 64.56% 72.87% 74.00% 73.69%
Net Nonoperating Expense Percent (NNEP)
4.80% 10.24% 4.72% 0.04% 5.49% 4.86% 4.29% 4.71% 4.86% 4.45%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
55.24% 41.97% 37.66% 57.10% 37.80% 32.75% 32.01% 24.86% 25.81% 24.01%
Earnings before Interest and Taxes (EBIT)
257 481 606 347 717 791 842 1,028 1,069 1,126
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
381 611 742 507 988 1,045 1,104 1,292 1,355 1,410
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 1.61 2.12 2.18 3.41 2.82 3.11 3.12 2.97 3.10
Price to Tangible Book Value (P/TBV)
0.00 1.67 2.20 2.21 3.45 2.82 3.11 3.12 2.97 3.10
Price to Revenue (P/Rev)
3.18 4.72 5.37 6.11 6.14 6.40 8.02 8.59 8.59 8.64
Price to Earnings (P/E)
14.29 37.07 13.69 14.55 18.10 14.89 18.60 17.27 16.85 16.84
Dividend Yield
13.71% 12.28% 10.20% 11.14% 8.31% 7.97% 6.96% 6.63% 6.26% 6.31%
Earnings Yield
7.00% 2.70% 7.30% 6.87% 5.52% 6.71% 5.38% 5.79% 5.94% 5.94%
Enterprise Value to Invested Capital (EV/IC)
1.91 1.20 1.39 1.33 1.64 1.52 1.60 1.76 1.68 1.69
Enterprise Value to Revenue (EV/Rev)
7.48 10.31 9.91 13.35 11.09 10.88 12.95 13.12 12.96 13.63
Enterprise Value to EBITDA (EV/EBITDA)
11.28 13.97 12.97 21.28 12.95 12.25 14.52 13.98 13.78 14.79
Enterprise Value to EBIT (EV/EBIT)
16.70 17.77 15.90 31.13 17.82 16.18 19.04 17.57 17.47 18.54
Enterprise Value to NOPAT (EV/NOPAT)
17.20 18.05 16.16 31.58 18.04 16.30 20.05 18.00 17.52 18.50
Enterprise Value to Operating Cash Flow (EV/OCF)
13.45 16.60 16.08 16.49 17.04 29.90 19.94 19.63 18.50 19.45
Enterprise Value to Free Cash Flow (EV/FCFF)
11.10 0.00 12.13 0.00 12.59 76.36 0.00 23.88 106.40 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
-9.90 1.92 1.81 2.58 2.77 2.15 1.95 1.49 1.47 1.67
Long-Term Debt to Equity
-9.90 1.92 1.81 2.58 2.77 2.15 1.93 1.49 1.47 1.67
Financial Leverage
-11.82 3.29 1.86 2.18 2.67 2.42 2.04 1.70 1.48 1.57
Leverage Ratio
-11.57 4.50 2.99 3.35 3.92 3.68 3.25 2.88 2.64 2.72
Compound Leverage Factor
-11.57 4.50 2.99 3.33 2.16 2.37 2.17 2.02 1.87 1.96
Debt to Total Capital
111.23% 65.71% 64.38% 72.10% 73.45% 68.27% 66.12% 59.84% 59.54% 62.48%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.64% 0.06% 0.06% 0.00%
Long-Term Debt to Total Capital
111.23% 65.71% 64.38% 72.10% 73.45% 68.27% 65.48% 59.77% 59.47% 62.48%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.05% 3.32% 3.16% 3.04%
Common Equity to Total Capital
-11.23% 34.29% 35.62% 27.90% 26.55% 31.73% 31.87% 36.92% 37.37% 34.48%
Debt to EBITDA
6.59 7.63 5.98 11.54 5.81 5.51 5.99 4.75 4.90 5.49
Net Debt to EBITDA
6.48 7.57 5.95 11.54 5.78 5.04 5.34 4.56 4.39 5.16
Long-Term Debt to EBITDA
6.59 7.63 5.98 11.54 5.81 5.51 5.94 4.74 4.89 5.49
Debt to NOPAT
10.04 9.86 7.46 17.13 8.10 7.33 8.28 6.11 6.22 6.86
Net Debt to NOPAT
9.87 9.78 7.41 17.13 8.06 6.71 7.37 5.88 5.58 6.45
Long-Term Debt to NOPAT
10.04 9.86 7.46 17.13 8.10 7.33 8.20 6.11 6.22 6.86
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.31% 7.11% 7.85% 7.88%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
387 -4,369 793 -876 1,016 168 -777 756 175 -110
Operating Cash Flow to CapEx
1,701.19% 22,296.06% 25,784.28% 60,990.96% 26,634.79% 11,927.47% 5,696.92% 0.00% 2,127.82% 2,703.01%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -3.54 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 2.64 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 2.64 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.23 0.17 0.13 0.10 0.14 0.13 0.13 0.13 0.13 0.12
Fixed Asset Turnover
0.25 0.25 0.22 0.13 0.14 0.14 0.15 0.16 0.16 0.17
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,257 7,099 6,901 8,119 7,812 8,430 10,006 10,253 11,144 12,381
Invested Capital Turnover
0.25 0.18 0.14 0.11 0.14 0.14 0.13 0.14 0.13 0.13
Increase / (Decrease) in Invested Capital
-137 4,842 -198 1,218 -307 618 1,576 247 890 1,238
Enterprise Value (EV)
4,299 8,541 9,626 10,793 12,788 12,800 16,028 18,059 18,674 20,865
Market Capitalization
1,831 3,912 5,212 4,939 7,077 7,532 9,932 11,823 12,371 13,215
Book Value per Share
($2.20) $11.75 $11.56 $10.58 $9.66 $12.12 $13.38 $14.70 $15.60 $15.56
Tangible Book Value per Share
($2.94) $11.34 $11.16 $10.46 $9.54 $12.12 $13.38 $14.70 $15.60 $15.56
Total Capital
2,257 7,099 6,901 8,119 7,812 8,430 10,006 10,253 11,144 12,381
Total Debt
2,510 4,665 4,443 5,853 5,738 5,755 6,616 6,135 6,635 7,736
Total Long-Term Debt
2,510 4,665 4,443 5,853 5,738 5,755 6,552 6,128 6,628 7,736
Net Debt
2,468 4,628 4,414 5,853 5,711 5,268 5,891 5,896 5,951 7,273
Capital Expenditures (CapEx)
19 2.31 2.32 1.07 2.82 3.59 14 -125 47 40
Net Nonoperating Expense (NNE)
122 368 215 2.24 318 279 265 300 311 320
Net Nonoperating Obligations (NNO)
2,510 4,665 4,443 5,853 5,738 5,755 6,616 6,135 6,635 7,736
Total Depreciation and Amortization (D&A)
124 131 137 161 270 253 262 265 286 285
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.12 $1.62 $1.80 $1.59 $1.82 $2.31 $2.27 $2.71 $2.78 $2.87
Adjusted Weighted Average Basic Shares Outstanding
116.69M 207.76M 213.22M 214.64M 215.10M 232.78M 247.54M 262.35M 271.50M 274.83M
Adjusted Diluted Earnings per Share
$1.08 $1.60 $1.79 $1.58 $1.81 $2.30 $2.26 $2.70 $2.77 $2.87
Adjusted Weighted Average Diluted Shares Outstanding
116.69M 207.76M 213.22M 214.64M 215.10M 232.78M 247.54M 262.35M 271.50M 274.83M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $1.59 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
116.69M 207.76M 213.22M 214.64M 215.10M 232.78M 247.54M 262.35M 271.50M 274.83M
Normalized Net Operating Profit after Tax (NOPAT)
250 473 596 400 709 785 807 1,007 1,070 1,128
Normalized NOPAT Margin
43.47% 57.12% 61.33% 49.53% 61.45% 66.74% 65.19% 73.10% 74.29% 73.69%
Pre Tax Income Margin
44.76% 58.03% 62.34% 42.69% 34.30% 43.32% 45.43% 52.31% 52.58% 52.92%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 1.40 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 1.38 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 1.40 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 1.38 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
196.48% 405.90% 139.09% 162.12% 150.72% 45.58% 118.69% 109.61% 110.41% 102.86%
Augmented Payout Ratio
196.48% 405.90% 139.09% 162.12% 150.72% 45.58% 118.69% 109.61% 110.41% 102.86%

Quarterly Metrics and Ratios for Gaming and Leisure Properties

This table displays calculated financial ratios and metrics derived from Gaming and Leisure Properties' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
27.98% 10.16% 12.58% 9.95% -10.38% 9.87% 6.01% 6.74% 7.87% 4.40%
EBITDA Growth
31.61% 24.93% 26.13% 3.01% -11.18% 0.75% -2.58% 17.74% -13.36% 22.88%
EBIT Growth
41.08% 34.73% 33.28% 1.43% -15.51% -1.32% -3.26% 23.15% 0.71% 12.00%
NOPAT Growth
37.14% 52.90% 33.14% 2.04% -10.04% 7.26% -3.34% 22.94% 1.15% 4.38%
Net Income Growth
51.76% -22.59% 55.04% 2.79% -16.32% 8.85% -4.85% 33.89% 0.42% 2.92%
EPS Growth
34.92% 52.00% 45.83% -3.28% -17.65% 2.63% -8.57% 30.51% -4.29% 1.28%
Operating Cash Flow Growth
12.93% 17.50% 3.43% 11.83% 5.09% 19.19% 6.92% 0.06% 6.77% 11.19%
Free Cash Flow Firm Growth
-147.72% 101.97% 91.30% 89.00% 80.51% -2,264.58% -270.97% -249.04% -436.90% -56.15%
Invested Capital Growth
16.67% 2.47% 3.88% 3.80% 4.87% 8.68% 6.87% 7.58% 13.88% 11.11%
Revenue Q/Q Growth
23.72% -16.16% 4.75% 0.54% 0.84% 2.78% 1.88% 1.24% 1.91% -0.53%
EBITDA Q/Q Growth
27.42% -11.03% 7.47% -8.27% 9.87% 0.92% -10.33% 10.86% -19.16% 43.14%
EBIT Q/Q Growth
35.19% -13.26% 7.04% -10.52% 12.60% 1.31% -12.76% 13.91% -7.92% 12.67%
NOPAT Q/Q Growth
27.43% -7.70% -4.05% -10.30% 12.34% 10.06% -12.68% 14.09% -7.57% 13.56%
Net Income Q/Q Growth
45.21% -11.77% -5.47% -15.12% 18.22% 14.76% -17.37% 19.43% -11.34% 17.63%
EPS Q/Q Growth
39.34% -10.59% -7.89% -15.71% 18.64% 11.43% -17.95% 20.31% -12.99% 17.91%
Operating Cash Flow Q/Q Growth
6.98% -8.44% 9.30% 4.46% 0.53% 3.84% -1.95% -2.24% 7.27% 8.14%
Free Cash Flow Firm Q/Q Growth
10.89% 102.41% -516.84% -13.95% -57.88% -167.44% 22.97% -7.21% -142.85% 22.22%
Invested Capital Q/Q Growth
1.03% 1.71% 1.59% -0.57% 2.07% 5.42% -0.10% 0.09% 8.04% 2.85%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
95.47% 101.32% 95.20% 86.85% 94.63% 92.91% 87.49% 95.80% 76.00% 109.36%
EBIT Margin
79.14% 81.89% 75.08% 66.82% 74.62% 73.55% 68.52% 77.09% 69.66% 78.90%
Profit (Net Income) Margin
56.38% 59.33% 53.20% 44.91% 52.65% 58.78% 47.75% 56.33% 49.01% 57.95%
Tax Burden Percent
93.68% 99.69% 99.73% 99.98% 99.75% 99.56% 99.65% 99.81% 99.73% 99.75%
Interest Burden Percent
76.04% 72.68% 71.05% 67.22% 70.74% 80.28% 69.94% 73.21% 70.54% 73.63%
Effective Tax Rate
6.32% 0.31% 0.27% 0.03% 0.25% 0.44% 0.35% 0.19% 0.27% 0.25%
Return on Invested Capital (ROIC)
10.66% 11.10% 10.39% 9.53% 10.16% 10.73% 9.26% 10.63% 9.34% 10.37%
ROIC Less NNEP Spread (ROIC-NNEP)
9.46% 9.92% 9.20% 8.31% 8.90% 9.52% 8.07% 9.41% 8.17% 9.20%
Return on Net Nonoperating Assets (RNNOA)
16.49% 16.85% 15.59% 14.07% 13.35% 14.09% 12.11% 14.10% 12.50% 14.44%
Return on Equity (ROE)
27.15% 27.94% 25.98% 23.61% 23.51% 24.82% 21.37% 24.73% 21.84% 24.81%
Cash Return on Invested Capital (CROIC)
-5.68% 7.47% 6.68% 6.86% 5.40% 1.64% 3.16% 3.03% -3.12% -0.94%
Operating Return on Assets (OROA)
10.62% 10.43% 9.76% 8.94% 9.56% 9.32% 8.74% 10.04% 8.82% 9.71%
Return on Assets (ROA)
7.57% 7.56% 6.91% 6.01% 6.74% 7.45% 6.09% 7.34% 6.20% 7.13%
Return on Common Equity (ROCE)
25.80% 25.96% 23.61% 21.45% 21.54% 22.87% 19.57% 22.65% 20.08% 22.85%
Return on Equity Simple (ROE_SIMPLE)
21.11% 0.00% 20.46% 20.65% 18.64% 0.00% 18.08% 19.36% 18.83% 0.00%
Net Operating Profit after Tax (NOPAT)
297 275 266 238 268 295 257 293 271 307
NOPAT Margin
74.14% 81.63% 74.88% 66.80% 74.43% 79.69% 68.28% 76.94% 69.79% 79.68%
Net Nonoperating Expense Percent (NNEP)
1.20% 1.18% 1.20% 1.22% 1.26% 1.21% 1.19% 1.22% 1.18% 1.17%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
20.86% 24.64% 26.51% 25.31% 24.94% 26.45% 25.29% 23.90% 23.20% 23.67%
Earnings before Interest and Taxes (EBIT)
318 275 266 238 268 272 258 293 270 304
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
383 341 338 310 340 343 329 365 295 422
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.81 3.12 3.35 3.18 2.84 2.97 2.93 2.97 3.32 3.10
Price to Tangible Book Value (P/TBV)
2.81 3.12 3.35 3.18 2.84 2.97 2.93 2.97 3.32 3.10
Price to Revenue (P/Rev)
7.52 8.59 8.90 8.22 7.96 8.59 8.28 8.26 9.33 8.64
Price to Earnings (P/E)
16.59 17.27 16.86 15.83 15.65 16.85 16.67 15.78 18.13 16.84
Dividend Yield
7.60% 6.63% 5.89% 6.27% 6.73% 6.26% 6.49% 6.59% 5.85% 6.31%
Earnings Yield
6.03% 5.79% 5.93% 6.32% 6.39% 5.94% 6.00% 6.34% 5.52% 5.94%
Enterprise Value to Invested Capital (EV/IC)
1.64 1.76 1.85 1.79 1.68 1.68 1.70 1.72 1.78 1.69
Enterprise Value to Revenue (EV/Rev)
12.29 13.12 13.58 12.76 12.60 12.96 12.93 12.92 14.14 13.63
Enterprise Value to EBITDA (EV/EBITDA)
13.20 13.98 14.46 13.55 13.39 13.78 14.03 13.70 15.80 14.79
Enterprise Value to EBIT (EV/EBIT)
16.78 17.57 18.11 16.94 16.98 17.47 17.83 17.21 19.17 18.54
Enterprise Value to NOPAT (EV/NOPAT)
18.20 18.00 17.97 17.20 16.94 17.52 17.88 17.27 19.21 18.50
Enterprise Value to Operating Cash Flow (EV/OCF)
18.64 19.63 20.76 19.40 18.36 18.50 18.41 18.70 20.52 19.45
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 23.88 28.22 26.55 31.83 106.40 55.49 58.91 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.55 1.49 1.53 1.52 1.45 1.47 1.48 1.47 1.60 1.67
Long-Term Debt to Equity
1.55 1.49 1.53 1.52 1.45 1.47 1.47 1.47 1.60 1.67
Financial Leverage
1.74 1.70 1.69 1.69 1.50 1.48 1.50 1.50 1.53 1.57
Leverage Ratio
2.94 2.88 2.88 2.87 2.67 2.64 2.66 2.65 2.68 2.72
Compound Leverage Factor
2.24 2.09 2.04 1.93 1.89 2.12 1.86 1.94 1.89 2.00
Debt to Total Capital
60.84% 59.84% 60.47% 60.38% 59.23% 59.54% 59.60% 59.57% 61.58% 62.48%
Short-Term Debt to Total Capital
0.07% 0.06% 0.07% 0.05% 0.14% 0.06% 0.04% 0.04% 0.00% 0.00%
Long-Term Debt to Total Capital
60.77% 59.77% 60.40% 60.34% 59.09% 59.47% 59.56% 59.53% 61.58% 62.48%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
3.37% 3.32% 3.39% 3.40% 3.33% 3.16% 3.33% 3.33% 3.07% 3.04%
Common Equity to Total Capital
35.79% 36.92% 36.15% 36.22% 37.45% 37.37% 37.07% 37.10% 35.35% 34.48%
Debt to EBITDA
4.89 4.75 4.73 4.58 4.72 4.90 4.93 4.74 5.47 5.49
Net Debt to EBITDA
4.85 4.56 4.72 4.57 4.66 4.39 4.77 4.67 5.11 5.16
Long-Term Debt to EBITDA
4.89 4.74 4.72 4.57 4.71 4.89 4.93 4.74 5.47 5.49
Debt to NOPAT
6.75 6.11 5.87 5.81 5.97 6.22 6.28 5.97 6.65 6.86
Net Debt to NOPAT
6.68 5.88 5.87 5.80 5.90 5.58 6.08 5.89 6.21 6.45
Long-Term Debt to NOPAT
6.74 6.11 5.87 5.80 5.96 6.22 6.28 5.97 6.65 6.86
Noncontrolling Interest Sharing Ratio
4.98% 7.11% 9.13% 9.15% 8.37% 7.85% 8.40% 8.39% 8.08% 7.88%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,143 28 -124 -141 -223 -596 -459 -493 -1,196 -930
Operating Cash Flow to CapEx
0.00% 922.41% 3,014,787.50% 0.00% 0.00% 0.00% 286,524.44% 54,563.85% 0.00% 16,263.24%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.12
Fixed Asset Turnover
0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.17 0.17 0.17
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
10,080 10,253 10,417 10,357 10,571 11,144 11,133 11,142 12,038 12,381
Invested Capital Turnover
0.14 0.14 0.14 0.14 0.14 0.13 0.14 0.14 0.13 0.13
Increase / (Decrease) in Invested Capital
1,441 247 389 379 490 890 716 785 1,467 1,238
Enterprise Value (EV)
16,535 18,059 19,268 18,519 17,754 18,674 18,887 19,188 21,406 20,865
Market Capitalization
10,121 11,823 12,624 11,922 11,223 12,371 12,093 12,275 14,117 13,215
Book Value per Share
$14.12 $14.70 $14.35 $14.30 $15.07 $15.60 $15.20 $15.23 $15.51 $15.56
Tangible Book Value per Share
$14.12 $14.70 $14.35 $14.30 $15.07 $15.60 $15.20 $15.23 $15.51 $15.56
Total Capital
10,080 10,253 10,417 10,357 10,571 11,144 11,133 11,142 12,038 12,381
Total Debt
6,133 6,135 6,298 6,254 6,261 6,635 6,635 6,637 7,413 7,736
Total Long-Term Debt
6,126 6,128 6,291 6,249 6,246 6,628 6,630 6,633 7,413 7,736
Net Debt
6,074 5,896 6,292 6,244 6,179 5,951 6,423 6,543 6,919 7,273
Capital Expenditures (CapEx)
-149 24 0.01 0.00 0.00 0.00 0.09 0.46 0.00 1.80
Net Nonoperating Expense (NNE)
71 75 77 78 78 77 77 78 81 84
Net Nonoperating Obligations (NNO)
6,133 6,135 6,298 6,254 6,261 6,635 6,635 6,637 7,413 7,736
Total Depreciation and Amortization (D&A)
66 65 71 71 72 72 71 71 25 118
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.86 $0.76 $0.70 $0.59 $0.70 $0.79 $0.64 $0.77 $0.67 $0.79
Adjusted Weighted Average Basic Shares Outstanding
257.52M 262.35M 262.36M 262.64M 267.02M 271.50M 271.50M 274.39M 274.39M 274.83M
Adjusted Diluted Earnings per Share
$0.85 $0.76 $0.70 $0.59 $0.70 $0.78 $0.64 $0.77 $0.67 $0.79
Adjusted Weighted Average Diluted Shares Outstanding
257.52M 262.35M 262.36M 262.64M 267.02M 271.50M 271.50M 274.39M 274.39M 274.83M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
257.52M 262.35M 262.36M 262.64M 267.02M 271.50M 271.50M 274.39M 274.39M 274.83M
Normalized Net Operating Profit after Tax (NOPAT)
297 275 266 238 265 295 257 293 271 307
Normalized NOPAT Margin
74.14% 81.63% 74.88% 66.80% 73.82% 79.69% 68.28% 76.94% 69.79% 79.68%
Pre Tax Income Margin
60.18% 59.52% 53.34% 44.92% 52.78% 59.04% 47.92% 56.44% 49.14% 58.10%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
98.83% 109.61% 103.24% 104.55% 111.21% 110.41% 105.30% 100.32% 102.27% 102.86%
Augmented Payout Ratio
98.83% 109.61% 103.24% 104.55% 111.21% 110.41% 105.30% 100.32% 102.27% 102.86%

Frequently Asked Questions About Gaming and Leisure Properties' Financials

When does Gaming and Leisure Properties's financial year end?

According to the most recent income statement we have on file, Gaming and Leisure Properties' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Gaming and Leisure Properties' net income changed over the last 9 years?

Gaming and Leisure Properties' net income appears to be on an upward trend, with a most recent value of $807.65 million in 2024, rising from $128.12 million in 2015. The previous period was $755.37 million in 2023.

How has Gaming and Leisure Properties revenue changed over the last 9 years?

Over the last 9 years, Gaming and Leisure Properties' total revenue changed from $575.05 million in 2015 to $1.53 billion in 2024, a change of 166.1%.

How much debt does Gaming and Leisure Properties have?

Gaming and Leisure Properties' total liabilities were at $8.43 billion at the end of 2024, a 15.5% increase from 2023, and a 212.0% increase since 2015.

How much cash does Gaming and Leisure Properties have?

In the past 9 years, Gaming and Leisure Properties' cash and equivalents has ranged from $0.00 in 2018 to $724.60 million in 2021, and is currently $462.63 million as of their latest financial filing in 2024.

How has Gaming and Leisure Properties' book value per share changed over the last 9 years?

Over the last 9 years, Gaming and Leisure Properties' book value per share changed from -2.20 in 2015 to 15.56 in 2024, a change of -806.8%.

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This page (NASDAQ:GLPI) was last updated on 4/15/2025 by MarketBeat.com Staff
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