# Gaming and Leisure Properties Inc. (GLPI) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $41.92, market value $12.6 billion.

## Valuation
- **P/E (trailing): 12.3×** (5-yr avg 15.3×, 3-yr avg 15.0×). Gaming and Leisure Properties Inc. trades at 12.3× trailing earnings, close to its own five-year average of 15.3×. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 12.6×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 4.52**. A PEG of 4.52 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 7.6×**. Each dollar of revenue is priced at 7.6×.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.0×**. Enterprise value is 12.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 8.2%**. The inverse of the P/E: 8.2% of the price is earned each year.

## Profitability
- **Operating margin: 82.5%**. 82.5% of revenue is left after running the business, an exceptional level.
- **Net margin: 51.7%**. 51.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 17.8%**. 17.8% on shareholders' equity is solid.
- **Return on invested capital: 9.1%**. Return on all capital, debt included, is 9.1%.
- **Return on assets: 7.5%**. Each dollar of assets produces 7.5% of profit.

## Growth
- **Revenue growth (1 yr): 4.1%** (5-yr 73.0%/yr). Revenue grew 4.1% over the last year, against 73.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 2.8%** (3-yr 3.0%/yr, 5-yr 5.1%/yr). Earnings per share rose 2.8%, roughly in step with revenue.

## Financial health
- **Debt to equity: 1.56**. Debt is 1.56 times equity, a leveraged balance sheet, which is normal for real estate.
- **Altman Z-score: 1.89**. A Z-score of 1.89 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 7.82%** ($3.16 per share, trailing). Gaming and Leisure Properties Inc. yields 7.82%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 106%**. The dividend exceeds earnings (106% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 15.0%/yr** (1-yr 2.0%). The dividend has compounded at 15.0% a year over five years, doubling roughly every 5 years at that pace.

## Analyst view
- **Analyst consensus: buy** (23 analysts). 23 analysts cover Gaming and Leisure Properties Inc.; the consensus is buy, with an average price target of $53.52 (+28% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -7.2%** (YTD -3.0%, 3-mo -9.6%). The shares are down 7.2% over twelve months including dividends.
- **From 52-week high: -16.1%** (1.8% above the low). Trading 16% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.01** (volatility 19%). Beta of 0.01 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GLPI · Page: https://foliofundamentals.com/stocks/glpi

Not investment advice.
