Gaming and Leisure Properties, Inc. (GLPI)

GLPI Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	1,360	1,336	1,286	1,173	1,107	1,031
Other Revenue	-	-	-	-	109.69	103
Total Revenue	1,565	1,532	1,440	1,312	1,216	1,153
Revenue Growth (YoY	5.38%	6.33%	9.81%	7.84%	5.48%	-0.03%
Property Expenses	51.48	47.67	48.12	49.05	90.43	85.74
Selling, General & Administrative	62.45	59.57	56.45	51.32	61.25	68.57
Depreciation & Amortization	263.78	260.15	262.87	238.69	236.43	230.97
Provision for Loan Losses	-110.72	-37.25	-6.46	-6.9	-8.23	-
Total Operating Expenses	488.43	404.65	373.9	345.95	396.33	385.28
Operating Income	1,077	1,127	1,066	965.73	820.02	767.88
Interest Expense	-380.76	-366.9	-323.39	-309.29	-283.04	-282.14
Interest & Investment Income	42.63	45.99	12.61	1.91	0.2	0.57
Other Non-Operating Income	-	-	2.19	-3.3	-	-
EBT Excluding Unusual Items	738.5	805.99	757.9	655.05	537.18	486.31
Gain (Loss) on Sale of Assets	3.92	3.79	0.02	67.48	21.75	41.39
Total Insurance Settlements	-	-	-	-	3.5	-
Other Unusual Items	-	-	-0.56	-2.19	-	-18.11
Pretax Income	742.42	809.78	757.37	720.34	562.43	509.59
Income Tax Expense	2.19	2.13	2	17.06	28.34	3.88
Earnings From Continuing Operations	740.23	807.65	755.37	703.29	534.09	505.71
Minority Interest in Earnings	-21.7	-23.03	-21.09	-18.63	-0.04	-
Net Income	718.53	784.62	734.28	684.65	534.05	505.71
Preferred Dividends & Other Adjustments	0.67	0.46	0.43	0.43	0.35	0.58
Net Income to Common	717.86	784.16	733.85	684.22	533.7	505.13
Net Income Growth	-7.65%	6.86%	7.25%	28.20%	5.60%	29.38%
Basic Shares Outstanding	275	273	264	253	235	219
Diluted Shares Outstanding	276	274	265	254	236	220
Shares Change (YoY)	2.30%	3.22%	4.39%	7.46%	7.49%	1.85%
EPS (Basic)	2.61	2.87	2.78	2.71	2.27	2.31
EPS (Diluted)	2.61	2.87	2.77	2.70	2.26	2.30
EPS Growth	-9.72%	3.52%	2.74%	19.30%	-1.75%	27.03%
Dividend Per Share	3.060	3.040	2.900	2.805	2.660	2.500
Dividend Growth	2.69%	4.83%	3.39%	5.45%	6.40%	-8.76%
Operating Margin	68.79%	73.58%	74.04%	73.63%	67.42%	66.59%
Profit Margin	45.87%	51.20%	50.95%	52.16%	43.88%	43.80%
EBITDA	1,356	1,400	1,343	1,220	1,072	1,011
EBITDA Margin	86.62%	91.43%	93.23%	93.03%	88.14%	87.66%
D&A For Ebitda	279.04	273.42	276.42	254.55	252.05	243
EBIT	1,077	1,127	1,066	965.73	820.02	767.88
EBIT Margin	68.79%	73.58%	74.04%	73.63%	67.42%	66.59%
Funds From Operations (FFO)	998.16	1,062	1,016	-	-	-
FFO Per Share	-	3.77	3.73	-	-	-
Adjusted Funds From Operations (AFFO)	-	1,061	1,007	-	-	-
AFFO Per Share	-	3.77	3.69	-	-	-
FFO Payout Ratio	84.91%	78.22%	75.64%	-	-	-
Effective Tax Rate	0.29%	0.26%	0.26%	2.37%	5.04%	0.76%
Revenue as Reported	1,532	1,532	1,440	1,312	1,216	1,153

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q