GLPI vs NNN

For growth investors, NNN REIT, Inc.

(NNN) is the stronger pick with 6. 6% revenue growth year-over-year, versus 4. 1% for Gaming and Leisure Properties, Inc. (GLPI). Gaming and Leisure Properties, Inc. (GLPI) offers the better valuation at 16. 3x trailing P/E (15. 0x forward), making it the more compelling value choice. Analysts rate Gaming and Leisure Properties, Inc. (GLPI) a "Buy" — based on 27 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Gaming and Leisure Properties, Inc.

(GLPI) is the cheapest at 16. 3x versus NNN REIT, Inc. at 21. 6x. On forward P/E, Gaming and Leisure Properties, Inc. is actually cheaper at 15. 0x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: NNN REIT, Inc. wins at 1. 95x versus Gaming and Leisure Properties, Inc. 's 2. 98x — a reasonable growth-adjusted valuation.

Over the past 5 years, Gaming and Leisure Properties, Inc.

(GLPI) delivered a total return of +38. 8%, compared to +17. 7% for NNN REIT, Inc. (NNN). Over 10 years, the gap is even starker: GLPI returned +126. 4% versus NNN's +39. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), NNN REIT, Inc.

(NNN) is the lower-risk stock at 0. 15β versus Gaming and Leisure Properties, Inc. 's 0. 19β — meaning GLPI is approximately 26% more volatile than NNN relative to the S&P 500. On balance sheet safety, NNN REIT, Inc. (NNN) carries a lower debt/equity ratio of 109% versus 156% for Gaming and Leisure Properties, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), NNN REIT, Inc.

(NNN) is pulling ahead at 6. 6% versus 4. 1% for Gaming and Leisure Properties, Inc. (GLPI). On earnings-per-share growth, the picture is similar: Gaming and Leisure Properties, Inc. grew EPS 2. 4% year-over-year, compared to -3. 7% for NNN REIT, Inc.. Over a 3-year CAGR, GLPI leads at 6. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Gaming and Leisure Properties, Inc.

(GLPI) is the more profitable company, earning 51. 7% net margin versus 42. 1% for NNN REIT, Inc. — meaning it keeps 51. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GLPI leads at 75. 3% versus 61. 5% for NNN. At the gross margin level — before operating expenses — GLPI leads at 62. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, NNN REIT, Inc. (NNN) is the more undervalued stock at a PEG of 1. 95x versus Gaming and Leisure Properties, Inc. 's 2. 98x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Gaming and Leisure Properties, Inc. (GLPI) trades at 15. 0x forward P/E versus 21. 8x for NNN REIT, Inc. — 6. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GLPI: 6. 5% to $51. 17.

All stocks in this comparison pay dividends.

Gaming and Leisure Properties, Inc. (GLPI) offers the highest yield at 6. 5%, versus 5. 3% for NNN REIT, Inc. (NNN).

For long-horizon retirement investors, Gaming and Leisure Properties, Inc.

(GLPI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 19), 6. 5% yield, +126. 4% 10Y return). Both have compounded well over 10 years (GLPI: +126. 4%, NNN: +39. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: GLPI is a mid-cap deep-value stock; NNN is a small-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.