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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Gaming and Leisure Properties, Inc. (GLPI) Quarterly Financial Ratios

Last 48 quarters of trend data · Real Estate · REIT - Specialty

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Gaming and Leisure Properties, Inc.'s quarterly P/E stands at 13.4x, down 37.0% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 41.5% YoY to 9.3x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →16.3013.3611.8913.7121.2221.21—19.2014.6818.0015.8216.2720.53
—-37.0%—-28.6%+44.6%+17.8%—+18.0%-28.5%-3.2%-8.9%+25.0%+9.3%
P/S Ratio8.518.717.688.308.218.818.459.178.088.339.028.378.95
—-1.1%-9.1%-9.5%+1.6%+5.7%-6.2%+9.6%-9.7%-13.4%-10.6%-1.9%+2.6%
P/B Ratio2.682.472.502.662.633.032.843.062.732.792.952.793.11
—-18.6%-11.9%-12.8%-3.7%+8.8%-3.9%+9.5%-12.2%-16.1%-10.4%-3.3%-5.8%
P/FCF16.45—32.4915.2211.9114.5312.2613.4912.5712.1513.0412.5113.59
——+165.1%+12.8%-5.3%+19.5%-6.0%+7.8%-7.5%-17.7%-18.0%+2.9%+3.9%
EV / EBITDA14.249.3411.6312.2015.5015.9613.7815.7014.0614.7113.3813.6515.67
—-41.5%-15.6%-22.2%+10.2%+8.5%+3.0%+15.0%-10.3%-2.3%-8.0%+17.5%+3.7%
EV / EBIT17.60—10.8414.5419.8320.2416.1119.9116.8817.9916.5117.1120.10
——-32.7%-26.9%+17.5%+12.5%-2.4%+16.3%-16.0%-3.8%-7.2%+23.0%+4.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Gaming and Leisure Properties, Inc.'s operating margin was 93.5% in Q1 2026, up 4.3 pp QoQ and up 28.0 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 82.2% lags the current quarter, suggesting the recent improvement is above-trend.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin62.1%—-38.3%96.5%96.5%96.6%96.9%96.9%96.9%96.9%96.8%97.2%96.7%
——-139.5%-0.4%-0.4%-0.3%+0.1%-0.2%+0.2%+0.2%+0.3%+0.7%+0.3%
Operating Margin75.3%93.5%89.2%84.8%61.3%65.5%79.1%70.4%77.1%68.5%80.0%74.6%66.8%
—+42.8%+12.8%+20.4%-20.5%-4.4%-1.1%-5.6%+15.4%-8.8%-2.3%-21.6%-8.0%
Net Margin51.7%65.0%65.7%60.7%38.4%41.8%55.8%47.9%54.7%46.4%57.3%51.2%43.6%
—+55.6%+17.8%+26.6%-29.9%-9.9%-2.6%-6.3%+25.4%-10.1%-0.8%-22.3%-5.8%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE17.1%4.6%5.4%4.9%3.2%3.6%4.7%4.0%4.6%3.9%4.8%4.4%3.8%
—+29.1%+14.5%+20.6%-31.3%-7.7%-2.2%-7.5%+22.2%-13.0%-0.5%-26.5%-13.5%
ROA6.3%1.7%2.1%1.9%1.2%1.3%1.7%1.5%1.8%1.5%1.8%1.7%1.4%
—+34.0%+24.6%+26.4%-30.4%-12.3%-8.9%-8.6%+25.8%-11.1%+2.5%-19.5%-0.7%
ROIC7.3%2.8%2.2%2.2%1.6%1.6%1.9%1.7%1.9%1.8%2.1%1.9%1.7%
—+74.1%+16.6%+30.2%-15.4%-7.8%-6.9%-11.4%+10.4%-7.7%+2.5%-19.0%-4.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Gaming and Leisure Properties, Inc.'s Debt/EBITDA ratio is 0.9x, down from 18.0x last quarter — comfortably within a safe range. The current ratio has weakened 93.9% YoY to 0.54x, tightening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity1.560.061.561.511.461.571.731.661.811.531.531.511.58
—-96.2%-10.1%-8.7%-19.3%+2.4%+13.5%+10.0%+14.1%-4.0%-1.3%-6.5%-19.1%
Debt / EBITDA5.250.9118.0518.3522.8121.9321.3622.5922.5121.0918.8819.2321.16
—-95.9%-15.5%-18.8%+1.3%+4.0%+13.1%+17.5%+6.4%+7.9%+0.4%+15.1%-6.0%
Current Ratio9.560.549.5611.659.598.8110.8610.218.297.707.185.344.79
—-93.9%-12.0%+14.1%+15.7%+14.5%+51.3%+91.1%+72.9%+61.6%+40.9%+17.8%+4.2%
Quick Ratio9.560.549.5611.659.598.8110.8610.218.297.707.185.344.79
—-93.9%-12.0%+14.1%+15.7%+14.5%+51.3%+91.1%+72.9%+61.6%+40.9%+17.8%+4.2%
Interest Coverage3.283.482.47—2.742.663.292.803.483.083.563.383.02
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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GLPI — Frequently Asked Questions

Quick answers to the most common questions about buying GLPI stock.

What is Gaming and Leisure Properties, Inc.'s quarterly P/E ratio trend?

Gaming and Leisure Properties, Inc.'s current P/E is 16.3x. The average P/E over the last 4 quarters is 15.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Gaming and Leisure Properties, Inc.'s margins change by quarter?

Gaming and Leisure Properties, Inc.'s current operating margin is 75.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at GLPI quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Gaming and Leisure Properties, Inc.'s business trajectory between earnings reports.

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