Gaming and Leisure Properties has a quick ratio of 10.55. It generally indicates good short-term financial strength.
The historical rank and industry rank for Gaming and Leisure Properties's Quick Ratio or its related term are showing as below:
GLPI'
s Quick Ratio Range Over the Past 10 Years
Min: 0.23 Med: 6.25 Max: 11.65
Current: 10.55
During the past 13 years, Gaming and Leisure Properties's highest Quick Ratio was 11.65. The lowest was 0.23. And the median was 6.25.
GLPI's Quick Ratio is ranked better than 94.74% of 761
companies
in the REITs industry
Industry Median: 0.87
vs GLPI: 10.55
Gaming and Leisure Properties (NAS:GLPI) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Gaming and Leisure Properties Quick Ratio Related Terms
Gaming and Leisure Properties Quick Ratio 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.
For the REIT - Specialty subindustry, Gaming and Leisure Properties's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Gaming and Leisure Properties's Quick Ratio falls into.
Gaming and Leisure Properties Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* 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 Quick Ratio of 10.55 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gaming and Leisure Properties and its competitors. This is 69% above median its historical median of 6.25. Over the past decade, Gaming and Leisure Properties' Quick Ratio has ranged from 0.23 to 11.65. According to the industry distribution chart, Gaming and Leisure Properties ranks #40 out of 761 companies in the REITs industry, placing it in the top 5.3%.
Is Gaming and Leisure Properties' Quick Ratio too high?
Gaming and Leisure Properties' current Quick Ratio of 10.55 is 69% above median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 11.65. The REITs industry median Quick Ratio is 0.87. Gaming and Leisure Properties' value of 10.55 is 1112.6% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #40 out of 761 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. 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' Quick Ratio compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #40 out of 761 companies for Quick Ratio. This places Gaming and Leisure Properties in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.87. Gaming and Leisure Properties' value of 10.55 is 1112.6% above this benchmark. Historically, Gaming and Leisure Properties' own Quick Ratio has ranged from 0.23 to 11.65 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 0.87, 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 Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 761 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current Quick Ratio of 10.55 is 1112.6% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gaming and Leisure Properties and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Quick Ratio is 10.55, which is 69% above median its own 10-year median of 6.25. 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 Quick Ratio is 10.55, which is 69% above median its 10-year median of 6.25 and 1112.6% above the REITs industry median of 0.87. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Quick Ratio is 10.55 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:
Quick Ratio: 10.55 (69% above median its 10-year median of 6.25)
GF Value™: $49.74 vs. price of $45.38 (8.8% below fair value)
Industry Position: 1112.6% above the REITs median (#40 of 761)
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
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