Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
During the past 12 months, Gaming and Leisure Properties's average EPS without NRIGrowth Rate was 13.10% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 6.80% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 7.40% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 8.90% per year.
During the past 13 years, Gaming and Leisure Properties's highest 3-Year average EPS without NRI Growth Rate was 130.90% per year. The lowest was 4.90% per year. And the median was 9.25% per year.
Gaming and Leisure Properties (NAS:GLPI) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Gaming and Leisure Properties Earnings per Share (Diluted) Related Terms
Gaming and Leisure Properties Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart
GLPI vs LAMR, WY, RYN: Earnings per Share (Diluted) Comparison
For the REIT - Specialty subindustry, Gaming and Leisure Properties's PE Ratio, along with its competitors' market caps and PE Ratio 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 PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Gaming and Leisure Properties's PE Ratio distribution charts can be found below:
* The bar in red indicates where Gaming and Leisure Properties's PE Ratio falls into.
Gaming and Leisure Properties Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Gaming and Leisure Properties's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.15
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $3.15 mean?
Gaming and Leisure Properties (GLPI) has a Earnings per Share (Diluted) of $3.15 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Gaming and Leisure Properties and its competitors. According to the industry distribution chart, Gaming and Leisure Properties ranks #248 out of 676 companies in the REITs industry, placing it in the top 36.7%.
Is Gaming and Leisure Properties' Earnings per Share (Diluted) too high?
Gaming and Leisure Properties' current Earnings per Share (Diluted) is $3.15. The REITs industry median Earnings per Share (Diluted) is 0.95. Gaming and Leisure Properties' value of $3.15 is 231.6% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #248 out of 676 companies in the REITs industry, which is above the industry midpoint. Overall, Gaming and Leisure Properties has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Earnings per Share (Diluted) compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #248 out of 676 companies for Earnings per Share (Diluted). This puts Gaming and Leisure Properties in the upper half of its industry. The industry median Earnings per Share (Diluted) is 0.95. Gaming and Leisure Properties' value of $3.15 is 231.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a REITs company?
The median Earnings per Share (Diluted) among REITs companies is 0.95, based on 676 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current Earnings per Share (Diluted) of $3.15 is 231.6% 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 Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Gaming and Leisure Properties and its competitors. For the REITs industry, the median Earnings per Share (Diluted) is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Earnings per Share (Diluted) is $3.15. 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 $49.94, compared to a current price of $44.03 — trading 11.8% below its estimated fair value. The current Earnings per Share (Diluted) is $3.15 and 231.6% above the REITs industry median of 0.95. Gaming and Leisure Properties' overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Earnings per Share (Diluted) is $3.15 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 $44.03 is trading 11.8% below its estimated GF Value™ of $49.94.
GuruFocus considers Gaming and Leisure Properties to be Modestly Undervalued.
Key valuation signals for GLPI:
Earnings per Share (Diluted): $3.15
GF Value™: $49.94 vs. price of $44.03 (11.8% below fair value)
Industry Position: 231.6% above the REITs median (#248 of 676)
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.
86GF Score
Get the complete analysis for GLPI
Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GLPI has been successfully added to your 
