A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Gaming and Leisure Properties's Debt-to-Equity or its related term are showing as below:
GLPI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.58 Med: 1.89 Max: 3.2
Current: 1.81
During the past 13 years, the highest Debt-to-Equity Ratio of Gaming and Leisure Properties was 3.20. The lowest was 1.58. And the median was 1.89.
GLPI's Debt-to-Equity is ranked worse than 87.16% of 693
companies
in the REITs industry
Industry Median: 0.78
vs GLPI: 1.81
Gaming and Leisure Properties (NAS:GLPI) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Gaming and Leisure Properties Debt-to-Equity Related Terms
Gaming and Leisure Properties Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gaming and Leisure Properties Debt-to-Equity Chart
For the REIT - Specialty subindustry, Gaming and Leisure Properties's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gaming and Leisure Properties Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Gaming and Leisure Properties's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gaming and Leisure Properties (GLPI) has a Debt-to-Equity of 1.81 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gaming and Leisure Properties and its competitors. This is near median its historical median of 1.89. Over the past decade, Gaming and Leisure Properties' Debt-to-Equity has ranged from 1.58 to 3.20. According to the industry distribution chart, Gaming and Leisure Properties ranks #604 out of 693 companies in the REITs industry, placing it in the top 87.2%.
Is Gaming and Leisure Properties' Debt-to-Equity too high?
Gaming and Leisure Properties' current Debt-to-Equity of 1.81 is near median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 3.20. The REITs industry median Debt-to-Equity is 0.78. Gaming and Leisure Properties' value of 1.81 is 132.1% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #604 out of 693 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Gaming and Leisure Properties has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Debt-to-Equity compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #604 out of 693 companies for Debt-to-Equity. This places Gaming and Leisure Properties in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Gaming and Leisure Properties' value of 1.81 is 132.1% above this benchmark. Historically, Gaming and Leisure Properties' own Debt-to-Equity has ranged from 1.58 to 3.20 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 0.78, Gaming and Leisure Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 693 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current Debt-to-Equity of 1.81 is 132.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gaming and Leisure Properties and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Debt-to-Equity is 1.81, which is near median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming and Leisure Properties stock overvalued right now?
Based on GuruFocus' analysis, Gaming and Leisure Properties (GLPI) is currently considered Modestly Undervalued. The stock's GF Value™ is $49.81, compared to a current price of $43.95 — trading 11.8% below its estimated fair value. The current Debt-to-Equity is 1.81, which is near median its 10-year median of 1.89 and 132.1% above the REITs industry median of 0.78. Gaming and Leisure Properties' overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Debt-to-Equity is 1.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gaming and Leisure Properties (GLPI) Overvalued in 2026?
Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued.
The current stock price of $43.95 is trading 11.8% below its estimated GF Value™ of $49.81.
GuruFocus considers Gaming and Leisure Properties to be Modestly Undervalued.
Key valuation signals for GLPI:
Debt-to-Equity: 1.81 (near median its 10-year median of 1.89)
GF Value™: $49.81 vs. price of $43.95 (11.8% below fair value)
Industry Position: 132.1% above the REITs median (#604 of 693)
No single metric tells the full story. See the GLPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gaming and Leisure Properties Business Description
Gaming and Leisure Properties Inc, or GLP, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). It is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. Its portfolio consists of gaming and related facilities and amenities such as Ameristar Black Hawk, Bally's Casino, Argosy Casino Alton, Bally's Chicago, Hollywood Casino Aurora, and others located across different states in the United States.
82GF Score
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