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Gaming and Leisure Properties, Inc. GLPI

Listed / Traded Gaming NASDAQ Mgmt:

Gaming and Leisure Properties, Inc. is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties. Gaming and Leisure Properties, Inc. was incorporated in 2013, Pennsylvania, USA.

Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-19 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$44.66
Market cap
$12.65B
Enterprise value
$20.75B
Dividend yieldi
7.34%
Annual dividendi
$3.28
Frequency
Quarterly
FFO / sharei
$1.04 · Q1 2026
AFFO / sharei
$1.02 · Q1 2026
Net debt / EBITDAi
5.00x · Adj. EBITDA
Op. cash flow / sharei
$4.03
Price / OCFi
11.07
Payout (% of OCF)i
81.29%
Debt / book capitali
64.38%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-24) — 8-K, EX-99.1 ✓ Verified to filing.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

223shares (~$44.66 each)
$734est. dividends / year
$61≈ per month
7.34%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model GLPI yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$7.79B
Cash
$224.31M
Net debt / EBITDAi
4.85x
Debt / book capitali
64.38%
Total assets
$12.91B
Total equity
$4.63B
Sponsored
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $1.59B $825.11M $282.94M $1.51B $1.13B
2024 $1.53B $784.62M $273.42M $1.45B $1.07B
2023 $1.44B $734.28M $276.42M $1.36B $1.01B
2022 $1.31B $684.65M $254.55M $1.28B $920.13M
2021 $1.22B $534.05M $252.05M $1.10B $803.78M
2020 $1.15B $505.71M $243.00M $1.03B $428.08M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-122026-06-122026-06-26 2026-05-20$0.82Quarterly
2026-03-132026-03-132026-03-27 2026-02-18$0.78Quarterly
2025-12-052025-12-052025-12-19 2025-11-24$0.78Quarterly
2025-09-122025-09-122025-09-26 2025-08-28$0.78Quarterly
2025-06-132025-06-132025-06-27 2025-05-15$0.78Quarterly
2025-03-142025-03-142025-03-28 2025-02-20$0.76Quarterly
2024-12-062024-12-062024-12-20 2024-11-25$0.76Quarterly
2024-09-132024-09-132024-09-27 2024-08-28$0.76Quarterly
2024-06-072024-06-072024-06-21 2024-05-20$0.76Quarterly
2024-03-142024-03-152024-03-29 2024-02-26$0.76Quarterly
2023-12-072023-12-082023-12-22 2023-11-22$0.73Quarterly
2023-09-142023-09-152023-09-29 2023-08-30$0.73Quarterly
2023-06-152023-06-162023-06-30 2023-06-01$0.72Semi-Annual
2023-03-092023-03-102023-03-24 2023-02-22$0.97Special
2022-12-082022-12-092022-12-23 2022-11-23$0.70Quarterly
2022-09-152022-09-162022-09-30 2022-08-31$0.70Quarterly
2022-06-092022-06-102022-06-24 2022-05-10$0.70Quarterly
2022-03-102022-03-112022-03-25 2022-02-24$0.69Quarterly
2021-12-232021-12-272022-01-07 2021-12-17$0.24Special
2021-12-082021-12-092021-12-23 2021-11-29$0.67Quarterly
2021-09-092021-09-102021-09-24 2021-08-27$0.67Quarterly
2021-06-102021-06-112021-06-25 2021-05-20$0.67Quarterly
2021-03-082021-03-092021-03-23 2021-02-23$0.65Quarterly
2020-11-132020-11-162020-12-24 2020-11-06$0.12Quarterly

Coverage (payout of operating cash flow): 81.29%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — GLPI

Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.

Other Gaming REITs

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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