Gaming & Leisure Properties, Inc.
Gaming & Leisure Properties, Inc. (GLPI) is listed on NASDAQ and classified in REIT - Specialty, part of the Real Estate sector. It is headquartered in Wyomissing, United States and has 20 employees. The company is worth $11.99B and trades at 11.7x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $1.59B in fiscal 2025, up 4.1% from the year before. Net income was $825.11M. The share price is 19.9% below its 52-week high of $49.95. It pays a dividend yielding 8.20%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $272.43M. In that quarter, 3 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -12.9% over 5Y.
today you would have $1,120.94▲ +12.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 13 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $44.69 | $48.16 | $49.35 | $52.09 | $48.66 | $42.40 | $43.05 | $32.31 | $37.00 | $30.62 | $27.80 | $29.34 | $50.81 | |
| P/E | 19.9x | 15.1x | 16.8x | 17.8x | 19.3x | 21.5x | 18.4x | 23.8x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 5.1% a year plus a 8.2% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
Median P/E of 19.9 across this company’s own years on record.
Cash flow growing 5.1% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 14.1x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 0.0% a year against a 7.4% required return, from the stock’s beta.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| CPTCamden Property Trust | $102.74 | 33.0x | 2.8x | 4.13% | 7.88% | $11.89B |
| ELSEquity Lifestyle Properties Inc | $61.17 | 30.3x | 6.8x | 3.55% | 22.34% | $12.27B |
| AHRAmerican Healthcare REIT, Inc. | $53.40 | 78.5x | 2.8x | 1.87% | 3.95% | $11.64B |
| BXPBXP, Inc. | $61.49 |
| 20.4x |
| 20.7x |
| 19.1x |
| 25.7x |
| 24.9x |
| 390.8x |
| P/S | 8.1x | 7.9x | 8.6x | 9.3x | 10.4x | 9.9x | 8.6x | 8.0x | 6.6x | 8.1x | 7.7x | 5.6x | 5.6x | 24.2x |
| P/B | 3.2x | 2.7x | 3.1x | 3.2x | 3.3x | 3.6x | 3.7x | 4.5x | 3.1x | 3.2x | 2.6x | — | — | 41.5x |
| EPS | $2.95 | $2.87 | $2.77 | $2.70 | $2.26 | $2.30 | $1.81 | $1.58 | $1.79 | $1.60 | $1.08 | $1.18 | $0.13 |
| Dividend yield | 6.57% | 6.94% | 6.31% | 6.38% | 5.38% | 5.96% | 3.63% | 6.36% | 7.95% | 6.76% | 7.58% | 7.84% | 48.81% | — |
| Payout | 133.99% | 105.08% | 105.92% | 113.72% | 103.89% | 128.32% | 66.96% | 151.38% | 162.66% | 139.66% | 145.00% | 201.85% | 1213.56% | — |
| Profit margin | 39.18% | 51.74% | 51.23% | 50.98% | 52.20% | 43.91% | 43.85% | 33.89% | 32.16% | 39.18% | 34.93% | 22.28% | 23.48% | 6.31% |
| ROE | 16.63% | 17.83% | 18.38% | 17.66% | 16.63% | 15.75% | 18.90% | 18.84% | 14.99% | 15.48% | 11.89% | — | — | 10.81% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+6.7% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 31.5x |
| 1.9x |
| 4.55% |
| 5.31% |
| $11.12B |
| AMHAmerican Homes 4 Rent | $31.90 | 24.5x | 1.7x | 4.14% | 7.08% | $13.08B |
| EGPEastgroup Properties Inc | $202.70 | 35.6x | 3.1x | 3.45% | 8.73% | $10.9B |