Gaming & Leisure Properties, Inc. (GLPI) stock
GLPINasdaqReal Estate Investment TrustsFiscal year ends December 7
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 18/3032% below fair value
$39.34+0.24 (+0.61%)
Close on Nov 13, 2026Market cap $11.44BP/E 12.0Yield 7.88%
Gaming & Leisure Properties operating margin
Operating margin is operating income as a percentage of revenue.
Gaming & Leisure Properties's operating margin for the twelve months ending Sep 30, 2026 was 79.1%. For fiscal 2025 it was 75.3%, against 73.8% the year before. The highest annual figure on record is 78.5% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 75.3% | +1.5 |
| FY2024 | Dec 31, 2024 | 73.8% | −0.4 |
| FY2023 | Dec 31, 2023 | 74.2% | −4.3 |
| FY2022 | Dec 31, 2022 | 78.5% | +9.3 |
| FY2021 | Dec 31, 2021 | 69.2% | −1.0 |
| FY2020 | Dec 31, 2020 | 70.2% | +8.0 |
| FY2019 | Dec 31, 2019 | 62.2% | +6.0 |
| FY2018 | Dec 31, 2018 | 56.2% | −6.1 |
| FY2017 | Dec 31, 2017 | 62.3% | +4.3 |
| FY2016 | Dec 31, 2016 | 58.0% | +13.3 |
| FY2015 | Dec 31, 2015 | 44.8% | +1.0 |
| FY2014 | Dec 31, 2014 | 43.7% | +20.8 |
| FY2013 | Dec 31, 2013 | 22.9% | +2.2 |
| FY2012 | Dec 31, 2012 | 20.7% | −1.9 |
| FY2011 | Dec 31, 2011 | 22.6% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 71.2% | −13.6 |
| Q2 FY2026 | Jun 30, 2026 | 77.2% | +15.9 |
| Q1 FY2026 | Mar 31, 2026 | 79.4% | +13.9 |
| Q4 FY2025 | Dec 31, 2025 | 89.3% | +10.2 |
| Q3 FY2025 | Sep 30, 2025 | 84.8% | +14.4 |
| Q2 FY2025 | Jun 30, 2025 | 61.3% | −15.8 |
| Q1 FY2025 | Mar 31, 2025 | 65.5% | −3.0 |
| Q4 FY2024 | Dec 31, 2024 | 79.1% | −0.9 |
| Q3 FY2024 | Sep 30, 2024 | 70.4% | −4.2 |
| Q2 FY2024 | Jun 30, 2024 | 77.1% | +10.3 |
| Q1 FY2024 | Mar 31, 2024 | 68.5% | −6.6 |
| Q4 FY2023 | Dec 31, 2023 | 80.0% | −1.9 |
| Q3 FY2023 | Sep 30, 2023 | 74.6% | −20.5 |
| Q2 FY2023 | Jun 30, 2023 | 66.8% | −5.8 |
| Q1 FY2023 | Mar 31, 2023 | 75.1% | +11.7 |
| Q4 FY2022 | Dec 31, 2022 | 81.9% | +13.4 |
| Q3 FY2022 | Sep 30, 2022 | 95.1% | +19.8 |
| Q2 FY2022 | Jun 30, 2022 | 72.6% | +5.9 |
| Q1 FY2022 | Mar 31, 2022 | 63.4% | −2.9 |
| Q4 FY2021 | Dec 31, 2021 | 68.5% | −11.9 |
| Q3 FY2021 | Sep 30, 2021 | 75.4% | +10.1 |
| Q2 FY2021 | Jun 30, 2021 | 66.8% | −2.2 |
| Q1 FY2021 | Mar 31, 2021 | 66.4% | +0.6 |
| Q4 FY2020 | Dec 31, 2020 | 80.5% | +15.3 |
| Q3 FY2020 | Sep 30, 2020 | 65.3% | +0.0 |
| Q2 FY2020 | Jun 30, 2020 | 69.0% | +9.9 |
| Q1 FY2020 | Mar 31, 2020 | 65.7% | +6.4 |
| Q4 FY2019 | Dec 31, 2019 | 65.1% | +24.3 |
| Q3 FY2019 | Sep 30, 2019 | 65.2% | +0.4 |
| Q2 FY2019 | Jun 30, 2019 | 59.1% | −1.2 |
| Q1 FY2019 | Mar 31, 2019 | 59.3% | −2.9 |
| Q4 FY2018 | Dec 31, 2018 | 40.8% | −21.5 |
| Q3 FY2018 | Sep 30, 2018 | 64.9% | +2.4 |
| Q2 FY2018 | Jun 30, 2018 | 60.3% | −2.5 |
| Q1 FY2018 | Mar 31, 2018 | 62.2% | +0.4 |
| Q4 FY2017 | Dec 31, 2017 | 62.4% | +0.0 |
| Q3 FY2017 | Sep 30, 2017 | 62.5% | – |
| Q2 FY2017 | Jun 30, 2017 | 62.7% | – |
| Q1 FY2017 | Mar 31, 2017 | 61.8% | – |
| Q4 FY2016 | Dec 31, 2016 | 62.3% | – |
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