Gaming and Leisure Properties Financial Statements
NASDAQ: GLPIReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Gaming and Leisure Properties revenue and earnings
In fiscal 2025, Gaming and Leisure Properties generated $1.59 billion in revenue, up 4.1% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $825.1 million (+5.2% year over year), for a net margin of 51.7% versus a median of 51.0% in the prior 5 years. Operating margin was 75.3%.
Diluted earnings per share came in at $2.95, up from $2.87. Over the last 5 fiscal years, GLPI's revenue has grown at a 6.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Gaming and Leisure Properties income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.59B | 1.53B | 1.44B | 1.31B | 1.22B | 1.15B | 1.15B | 1.06B | 971.31M | 828.25M |
| Revenue growth (YoY) | +4.13% | +6.33% | +9.81% | +7.84% | +5.48% | -0.03% | +9.26% | +8.69% | +17.27% | +44.03% |
| Cost of Revenue | — | — | 0 | 0 | 53.04M | 56.70M | 74.70M | — | — | — |
| Gross Profit | — | — | 1.44B | 1.31B | 1.16B | 1.10B | 1.08B | — | — | — |
| Operating Expenses | — | — | 371.69M | 281.77M | 321.54M | 343.89M | 436.05M | 461.92M | 365.79M | 347.63M |
| Operating Income | 1.20B | 1.13B | 1.07B | 1.03B | 841.77M | 809.27M | 717.42M | 593.81M | 605.52M | 480.62M |
| Interest Expense | 373.88M | 366.90M | 323.39M | 309.29M | 283.04M | 282.14M | 301.52M | 247.68M | 217.07M | 185.90M |
| Other Income (Expense) | -348.87M | -320.91M | -311.34M | -309.57M | -279.34M | -299.69M | -321.78M | -249.33M | -215.13M | -183.77M |
| Pretax Income | 852.59M | 809.78M | 757.37M | 720.34M | 562.43M | 509.59M | 395.64M | 344.48M | 390.38M | 296.85M |
| Income Tax | 2.23M | 2.13M | 2.00M | 17.05M | 28.34M | 3.88M | 4.76M | 4.96M | 9.79M | 7.54M |
| Net Income | 825.11M | 784.62M | 734.28M | 684.65M | 534.05M | 505.71M | 390.88M | 339.52M | 380.60M | 289.31M |
| Net Income growth (YoY) | +5.16% | +6.86% | +7.25% | +28.20% | +5.60% | +29.38% | +15.13% | -10.79% | +31.56% | +125.80% |
| EPS (Basic) | 2.95 | 2.87 | 2.78 | 2.71 | 2.27 | 2.31 | 1.82 | 1.59 | 1.80 | 1.62 |
| EPS (Diluted) | 2.95 | 2.87 | 2.77 | 2.70 | 2.26 | 2.30 | 1.81 | 1.58 | 1.79 | 1.60 |
| Shares Outstanding (Basic) | 279.61M | 272.80M | 264.05M | 252.72M | 235.47M | 218.82M | 214.67M | 213.72M | 210.71M | 178.59M |
| Shares Outstanding (Diluted) | 280.04M | 273.53M | 264.99M | 253.85M | 236.23M | 219.77M | 215.79M | 214.78M | 212.75M | 180.62M |
| EBITDA | 1.48B | 1.40B | 1.35B | 1.28B | 1.09B | 1.05B | 976.39M | 742.17M | 729.35M | 596.34M |
| Gross Margin | — | — | 100.00% | 100.00% | 95.64% | 95.08% | 93.52% | — | — | — |
| Operating Margin | 75.34% | 73.83% | 74.20% | 78.52% | 69.20% | 70.18% | 62.20% | 56.25% | 62.34% | 58.03% |
| Net Margin | 51.74% | 51.23% | 50.98% | 52.20% | 43.91% | 43.85% | 33.89% | 32.16% | 39.18% | 34.93% |
This table shows 10 annual periods of Gaming and Leisure Properties's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow GLPI's reporting calendar. What is a income statement?