GLPI (Gaming and Leisure Properties) Pretax Margin %: 57.14% (As of Mar. 2026) — 26% Above Median


GLPI Gaming and Leisure Properties Inc GLPI
86 GF Score
Price $45.38
GF Value $49.74
Valuation Fairly Valued
! 5 Warning Signs
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What is Gaming and Leisure Properties Pretax Margin %?

Gaming and Leisure Properties GLPI +1.50% 86 Pretax Margin % is 57.14% as of Mar. 2026, which is 26% above its 10-year median of 45.22. GuruFocus rates GLPI with a GF Score™ of 86/100 and a GF Value™ of $49.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 927 REITs companies, Gaming and Leisure Properties ranks better than 56.42% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gaming and Leisure Properties's Pre-Tax Income for the three months ended in Mar. 2026 was $240 Mil. Gaming and Leisure Properties's Revenue for the three months ended in Mar. 2026 was $420 Mil. Therefore, Gaming and Leisure Properties's pretax margin for the quarter that ended in Mar. 2026 was 57.14%.

The historical rank and industry rank for Gaming and Leisure Properties's Pretax Margin % or its related term are showing as below:

GLPI' s Pretax Margin % Range Over the Past 10 Years
Min: 32.63   Med: 45.22   Max: 56.91
Current: 56.91


GLPI's Pretax Margin % is ranked better than
56.42% of 927 companies
in the REITs industry
Industry Median: 46.93 vs GLPI: 56.91

Gaming and Leisure Properties  (NAS:GLPI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Gaming and Leisure Properties Pretax Margin % Related Terms


Gaming and Leisure Properties Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties's Pretax Margin % 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.

Gaming and Leisure Properties Pretax Margin % Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.24 54.92 52.58 52.87 53.46

Gaming and Leisure Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.24 39.69 62.63 67.79 57.14

GLPI vs LAMR, WY, RYN: Pretax Margin % Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Gaming and Leisure Properties's Pretax Margin % falls into.


GLPI
86GF Score
Gaming and Leisure Properties Inc GLPI
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gaming and Leisure Properties Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Gaming and Leisure Properties's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=852.585/1594.752
=53.46 %

Gaming and Leisure Properties's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=239.962/419.985
=57.14 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 57.14% mean?
Gaming and Leisure Properties (GLPI) has a Pretax Margin % of 57.14% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Gaming and Leisure Properties and its competitors. This is 26% above median its historical median of 45.22. Over the past decade, Gaming and Leisure Properties' Pretax Margin % has ranged from 32.63 to 56.91. According to the industry distribution chart, Gaming and Leisure Properties ranks #404 out of 927 companies in the REITs industry, placing it in the top 43.6%.
Is Gaming and Leisure Properties' Pretax Margin % too high?
Gaming and Leisure Properties' current Pretax Margin % of 57.14% is 26% above median its 10-year median of 45.22. Over the past 10 years, this metric has ranged from a low of 32.63 to a high of 56.91. The REITs industry median Pretax Margin % is 46.93. Gaming and Leisure Properties' value of 57.14% is 21.8% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #404 out of 927 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 Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Pretax Margin % compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #404 out of 927 companies for Pretax Margin %. This puts Gaming and Leisure Properties in the upper half of its industry. The industry median Pretax Margin % is 46.93. Gaming and Leisure Properties' value of 57.14% is 21.8% above this benchmark. Historically, Gaming and Leisure Properties' own Pretax Margin % has ranged from 32.63 to 56.91 over the past decade. While the company's 10-year median is 45.22 vs. the industry median of 46.93, 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current Pretax Margin % of 57.14% is 21.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Gaming and Leisure Properties and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Pretax Margin % is 57.14%, which is 26% above median its own 10-year median of 45.22. 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 Fairly Valued. The stock's GF Value™ is $49.74, compared to a current price of $45.38 — trading 8.8% below its estimated fair value. The current Pretax Margin % is 57.14%, which is 26% above median its 10-year median of 45.22 and 21.8% above the REITs industry median of 46.93. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Pretax Margin % is 57.14% 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 $45.38 is trading 8.8% below its estimated GF Value™ of $49.74. GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.

Key valuation signals for GLPI:

  • Pretax Margin %: 57.14% (26% above median its 10-year median of 45.22)
  • GF Value™: $49.74 vs. price of $45.38 (8.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 21.8% above the REITs median (#404 of 927)

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

Industry Real EstateREITs
Other Exchanges 2GL:GermanyG1AM34:Brazil
Address 845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
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

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$45.38
Price
$49.74
GF Value