Gaming & Leisure Properties (NASDAQ: GLPI) financial statements
The consolidated income statement, balance sheet and cash flow statement of Gaming & Leisure Properties for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $12,910m in total assets and $4,626m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1,595m | $1,331m | $1,286m | $1,173m | $1,216m | $1,153m | $1,153m | $1,056m | $971.3m | $828.3m |
| Cost of sales | — | — | $0.0m | $0.0m | $53.0m | $56.7m | $74.7m | — | — | — |
| Gross profit | — | — | $1,286m | $1,173m | $1,163m | $1,096m | $1,079m | — | — | — |
| Operating profit | $1,201m | $1,131m | $1,069m | $1,030m | $841.8m | $809.3m | $717.4m | $593.8m | $605.5m | $480.6m |
| Finance costs | $373.9m | $366.9m | $323.4m | $309.3m | $283.0m | $282.1m | $301.5m | $247.7m | $217.1m | $185.9m |
| Profit before tax | $852.6m | $809.8m | $757.4m | $720.3m | $562.4m | $509.6m | $395.6m | $344.5m | $390.4m | $296.9m |
| Income tax | $2.2m | $2.1m | $2.0m | $17.1m | $28.3m | $3.9m | $4.8m | $5.0m | $9.8m | $7.5m |
| Net profit | $825.1m | $784.6m | $734.3m | $684.7m | $534.0m | $505.7m | $390.9m | $339.5m | $380.6m | $289.3m |
| Earnings per share | $2.95 | $2.87 | $2.78 | $2.71 | $2.27 | $2.31 | $1.82 | $1.59 | $1.80 | $1.62 |
| Diluted earnings per share | $2.95 | $2.87 | $2.77 | $2.70 | $2.26 | $2.30 | $1.81 | $1.58 | $1.79 | $1.60 |
| Depreciation and amortisation | $282.9m | $273.4m | $276.4m | $254.5m | $252.0m | $243.0m | $259.0m | $148.4m | $123.8m | $115.7m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $12,910m | $13,076m | $11,807m | $10,930m | $10,690m | $9,034m | $8,434m | $8,577m | $7,247m | $7,369m |
| Property, plant and equipment | — | — | — | — | $13.0m | $80.6m | $94.1m | $100.9m | $108.3m | $119.4m |
| Goodwill | — | — | — | — | — | $0.0m | $16.1m | $16.1m | $75.5m | $75.5m |
| Cash | $224.3m | $462.6m | $684.0m | $239.1m | $724.6m | $486.5m | $26.8m | $25.8m | $29.1m | $36.6m |
| Total liabilities | $7,901m | $8,430m | $7,298m | $6,812m | $7,300m | $6,359m | $6,360m | $6,312m | $4,789m | $4,935m |
| Equity | $4,626m | $4,269m | $4,157m | $4,118m | $3,390m | $2,675m | $2,074m | $2,266m | $2,458m | $2,434m |
| Equity including minorities | $5,008m | $4,646m | $4,509m | $4,118m | $3,390m | $2,675m | $2,074m | $2,266m | $2,458m | $2,434m |
| Minority interests | $381.8m | $377.0m | $352.0m | $0.0m | $0.0m | $0.0m | — | — | — | — |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1,129m | $1,073m | $1,009m | $920.1m | $803.8m | $428.1m | $750.3m | $654.4m | $598.7m | $514.4m |
| Investing cash flow | −$308.8m | −$1,606m | −$650.8m | −$354.5m | −$1,031m | −$9.5m | −$2.8m | −$1,510m | $0.7m | −$3,219m |
| Financing cash flow | −$1,059m | $311.8m | $86.4m | −$1,051m | $443.1m | $63.2m | −$746.4m | $852.1m | −$606.9m | $2,699m |
| Capital expenditure | — | — | — | — | −$13.9m | −$0.5m | $0.0m | −$0.0m | −$0.1m | −$0.3m |
| Dividends paid | −$871.9m | −$830.7m | −$834.0m | −$770.9m | −$633.9m | −$230.5m | −$589.1m | −$550.4m | −$529.4m | −$428.4m |
Where each figure comes from
From the annual report (Form 10-K) that Gaming & Leisure Properties files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Gaming & Leisure Properties page.
Dividend per share of Gaming & Leisure Properties by fiscal year, with the filing behind every figure: Gaming & Leisure Properties dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.