📊 GLPI Key Takeaways
Is Gaming & Leisure Properties, Inc. (GLPI) a Good Investment?
GLPI demonstrates strong operational efficiency with 79.4% operating margins and solid free cash flow generation of $158.8M, but financial health is compromised by critically low interest coverage of 0.9x and excessive leverage with $8.1B debt against $4.6B equity. Declining net income (-3.1% YoY) despite revenue growth suggests deteriorating profitability momentum and vulnerability to economic stress.
GLPI shows durable, high-margin lease economics with strong free cash flow generation (FCF margin ~69%) and solid returns on equity. While revenue growth is modest and net income is essentially flat, leverage appears manageable with acceptable interest coverage, supporting continued cash generation and balance sheet stability.
Why Buy Gaming & Leisure Properties, Inc. Stock? GLPI Key Strengths
- Excellent operating margin of 79.4% reflecting strong property monetization and operational control
- Robust free cash flow generation of $158.8M with 37.8% FCF margin providing some financial flexibility
- Revenue growth of 4.1% YoY demonstrates market demand for gaming and leisure properties
- Exceptionally high operating and net margins
- Robust free cash flow with minimal capex needs
- Strong ROE relative to asset-heavy model
GLPI Stock Risks: Gaming & Leisure Properties, Inc. Investment Risks
- Critical interest coverage of 0.9x indicates operating income insufficient to cover interest expenses—severe solvency risk
- High leverage with debt-to-equity of 1.74x and $8.1B long-term debt creating refinancing vulnerability
- Net income declining 3.1% YoY despite revenue growth signals deteriorating bottom-line profitability and operational pressures
- Interest-rate and refinancing risk given $7.2B long-term debt and 3.3x coverage
- Modest top-line growth could limit earnings expansion
- Exposure to gaming sector cyclicality and potential tenant stress
Key Metrics to Watch
- Interest coverage ratio trend—must improve above 1.5x to indicate financial stabilization
- Debt service capacity and refinancing needs in debt maturity schedule
- Net income trajectory and margin compression drivers in next quarters
- Interest coverage
- Revenue growth (YoY)
Gaming & Leisure Properties, Inc. (GLPI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 37.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
GLPI Profit Margin, ROE & Profitability Analysis
GLPI vs Real Estate Sector: How Gaming & Leisure Properties, Inc. Compares
How Gaming & Leisure Properties, Inc. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Gaming & Leisure Properties, Inc. Stock Overvalued? GLPI Valuation Analysis 2026
Based on fundamental analysis, Gaming & Leisure Properties, Inc. has mixed fundamental signals relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Gaming & Leisure Properties, Inc. Balance Sheet: GLPI Debt, Cash & Liquidity
GLPI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Gaming & Leisure Properties, Inc.'s revenue has declined by 15% over the 5-year period, indicating business contraction. The most recent EPS of $2.77 reflects profitable operations.
GLPI Revenue Growth, EPS Growth & YoY Performance
GLPI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $395.2M | $165.2M | $0.60 |
| Q3 2025 | $397.6M | $184.7M | $0.67 |
| Q2 2025 | $394.9M | $151.4M | $0.54 |
| Q1 2025 | $376.0M | $165.2M | $0.60 |
| Q3 2024 | $359.6M | $184.0M | $0.67 |
| Q2 2024 | $356.6M | $155.6M | $0.59 |
| Q1 2024 | $355.2M | $174.5M | $0.64 |
| Q3 2023 | $333.8M | $184.0M | $0.70 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Gaming & Leisure Properties, Inc. Dividends, Buybacks & Capital Allocation
GLPI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Gaming & Leisure Properties, Inc. (CIK: 0001575965)
📋 Recent SEC Filings
❓ Frequently Asked Questions about GLPI
What is the AI rating for GLPI?
Gaming & Leisure Properties, Inc. (GLPI) has a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are GLPI's key strengths?
Claude: Excellent operating margin of 79.4% reflecting strong property monetization and operational control. Robust free cash flow generation of $158.8M with 37.8% FCF margin providing some financial flexibility. ChatGPT: Exceptionally high operating and net margins. Robust free cash flow with minimal capex needs.
What are the risks of investing in GLPI?
Claude: Critical interest coverage of 0.9x indicates operating income insufficient to cover interest expenses—severe solvency risk. High leverage with debt-to-equity of 1.74x and $8.1B long-term debt creating refinancing vulnerability. ChatGPT: Interest-rate and refinancing risk given $7.2B long-term debt and 3.3x coverage. Modest top-line growth could limit earnings expansion.
What is GLPI's revenue and growth?
Gaming & Leisure Properties, Inc. reported revenue of $420.0M.
Does GLPI pay dividends?
Gaming & Leisure Properties, Inc. pays dividends, with $221.1M distributed to shareholders in the trailing twelve months.
Where can I find GLPI SEC filings?
Official SEC filings for Gaming & Leisure Properties, Inc. (CIK: 0001575965) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is GLPI's EPS?
Gaming & Leisure Properties, Inc. has a diluted EPS of $0.82.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is GLPI a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Gaming & Leisure Properties, Inc. has a BUY rating with 75% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is GLPI stock overvalued or undervalued?
Valuation metrics for GLPI: ROE of 5.0% (sector avg: 8%), net margin of 55.2% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
Should I buy GLPI stock in 2026?
Our dual AI analysis gives Gaming & Leisure Properties, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is GLPI's free cash flow?
Gaming & Leisure Properties, Inc.'s operating cash flow is $270.2M, with capital expenditures of $111.5M. FCF margin is 37.8%.
How does GLPI compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin 55.2% (avg: 20%), ROE 5.0% (avg: 8%), current ratio N/A (avg: 1.5).
Is Gaming & Leisure Properties, Inc. carrying too much debt?
GLPI has a debt-to-equity ratio of 1.74x, which is above the Real Estate sector average of 1.5x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.