Gaming and Leisure Properties Inc
NASDAQ:GLPI

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Gaming and Leisure Properties Inc
NASDAQ:GLPI
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Price: 47.5116 USD 0.92%
Market Cap: 13B USD
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Gaming and Leisure Properties Inc
Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Gaming and Leisure Properties Inc
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Gaming and Leisure Properties Inc
NASDAQ:GLPI
Operating Expenses
-$349.7m
CAGR 3-Years
-5%
CAGR 5-Years
-2%
CAGR 10-Years
-7%
Public Storage
NYSE:PSA
Operating Expenses
-$1.2B
CAGR 3-Years
-18%
CAGR 5-Years
-17%
CAGR 10-Years
-9%
American Tower Corp
NYSE:AMT
Operating Expenses
-$3.5B
CAGR 3-Years
-5%
CAGR 5-Years
-3%
CAGR 10-Years
-9%
Crown Castle International Corp
NYSE:CCI
Operating Expenses
-$2.5B
CAGR 3-Years
-8%
CAGR 5-Years
-3%
CAGR 10-Years
-8%
Digital Realty Trust Inc
NYSE:DLR
Operating Expenses
-$2.6B
CAGR 3-Years
-9%
CAGR 5-Years
-13%
CAGR 10-Years
-15%
Equinix Inc
NASDAQ:EQIX
Operating Expenses
-$2.7B
CAGR 3-Years
-10%
CAGR 5-Years
-11%
CAGR 10-Years
-14%
No Stocks Found

Gaming and Leisure Properties Inc
Glance View

Market Cap
13B USD
Industry
Real Estate
Economic Moat
None

In the dynamic landscape of real estate investment trusts (REITs), Gaming and Leisure Properties Inc. (GLPI) stands out as a novel player uniquely positioned at the intersection of real estate and entertainment. Founded in 2013 as a spin-off from Penn National Gaming, GLPI quickly carved a niche for itself by acquiring ownership of gaming establishments and leasing them back to operators. This strategic model allows the company to capitalize on the steady cash flows of the gaming industry while maintaining the safety and predictability that come with real estate investment. With a portfolio encompassing numerous properties, primarily in regional markets across the United States, GLPI ensures a significant and diversified revenue stream. GLPI’s business model is centered around triple-net leases, which require tenants to cover the property's expenses, including maintenance, insurance, and taxes, thus minimizing risk and enhancing the predictability of cash flows. This approach shields GLPI from the operational headwinds that gaming operators might face, such as regulatory challenges or shifts in consumer behavior. Instead, by functioning as a property owner and lease-holder, GLPI focuses on retaining and expanding its portfolio, thereby increasing shareholder value through strategic acquisitions and lease terms. The company’s performance is closely tied to its ability to manage and expand its property portfolio keenly, providing stability and growth potential without engaging directly in gaming operations.

GLPI Intrinsic Value
59.9576 USD
Undervaluation 21%
Intrinsic Value
Price

See Also

What is Gaming and Leisure Properties Inc's Operating Expenses?
Operating Expenses
-349.7m USD

Based on the financial report for Sep 30, 2024, Gaming and Leisure Properties Inc's Operating Expenses amounts to -349.7m USD.

What is Gaming and Leisure Properties Inc's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-7%

Over the last year, the Operating Expenses growth was -12%. The average annual Operating Expenses growth rates for Gaming and Leisure Properties Inc have been -5% over the past three years , -2% over the past five years , and -7% over the past ten years .

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