GLPI (Gaming and Leisure Properties) Effective Interest Rate on Debt % : 5.11% (As of Mar. 2025)

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What is Gaming and Leisure Properties Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Gaming and Leisure Properties's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $389 Mil. Gaming and Leisure Properties's average total debt for the quarter that ended in Mar. 2025 was $7,618 Mil. Therefore, Gaming and Leisure Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.11%.

Gaming and Leisure Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for Gaming and Leisure Properties's Effective Interest Rate on Debt % can be seen below:

* 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.

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Gaming and Leisure Properties Effective Interest Rate on Debt % Chart

Gaming and Leisure Properties Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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4.77

4.46

4.70

4.88

4.92

Gaming and Leisure Properties Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.04	5.04	5.26	4.98	5.11

Competitive Comparison of Gaming and Leisure Properties's Effective Interest Rate on Debt %

For the REIT - Specialty subindustry, Gaming and Leisure Properties's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Gaming and Leisure Properties's Effective Interest Rate on Debt % falls into.

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Gaming and Leisure Properties Effective Interest Rate on Debt % Calculation

Gaming and Leisure Properties's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -366.897	/	( (6878.664	+	8041.638)	/ 2 )
=	-1 * -366.897	/	7460.151
=	4.92 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6878.664	+	0
=	6878.664

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8041.638	+	0
=	8041.638

Gaming and Leisure Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -389.088	/	( (8041.638	+	7194.264)	/ 2 )
=	-1 * -389.088	/	7617.951
=	5.11 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8041.638	+	0
=	8041.638

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7194.264	+	0
=	7194.264

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Gaming and Leisure Properties (NAS:GLPI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Gaming and Leisure Properties Effective Interest Rate on Debt % Related Terms

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Gaming and Leisure Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gaming and Leisure Properties Inc (NAS:GLPI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

2GL:Germany 2GL:Germany

Address

845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610

Website

https://www.glpropinc.com

Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.

Executives

E Scott Urdang	director	845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610
Matthew Demchyk	officer: SVP, Investments	845 BERKSHIRE BOULEVARD, WYOMISSING PA 19610
Steven Ladany	officer: SVP Chief Development Officer	845 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610
Brandon John Moore	officer: SVP & General Counsel	845 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610
Desiree A. Burke	officer: Chief Accounting Officer	845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610
Barry F Schwartz	director	35 EAST 62ND ST, NEW YORK NY 10021
Joanne A. Epps	director, Director	C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Earl C Shanks	director	CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Peter M Carlino	director, officer: CEO & President	845 BERKSHIRE BLVD, SUITE 200, WYOMISSING PA 19610
Carol Lynton	director	C/O EL POLLO HOLDINGS, INC., 3535 HARBOR BOULEVARD, SUITE 100, COSTA MESA CA 92626
Marshall Joseph W Iii	director	500 OFFICE CENTER DRIVE, SUITE 400, FT. WASHINGTON PA 19034
David A Handler	director	845 BERKSHIRE BLVD, SUITE 200, WYOMISSING PA 19610
William J Clifford	officer: CFO, Sec. & Treas.	845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
James Perry	director
Steven T. Snyder	officer: SR VP-Corp Development	845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610