GLPI (Gaming and Leisure Properties) ROE %: 20.03% (As of Mar. 2026) — Near 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 ROE %?

Gaming and Leisure Properties GLPI +1.50% 86 ROE % is 20.03% as of Mar. 2026, which is 8% above its 10-year median of 18.53. 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 933 REITs companies, Gaming and Leisure Properties ranks better than 93.46% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gaming and Leisure Properties's annualized net income for the quarter that ended in Mar. 2026 was $927 Mil. Gaming and Leisure Properties's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $4,631 Mil. Therefore, Gaming and Leisure Properties's annualized ROE % for the quarter that ended in Mar. 2026 was 20.03%.

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

GLPI' s ROE % Range Over the Past 10 Years
Min: 14.37   Med: 18.53   Max: 26.54
Current: 19.72

During the past 13 years, Gaming and Leisure Properties's highest ROE % was 26.54%. The lowest was 14.37%. And the median was 18.53%.

GLPI's ROE % is ranked better than
93.46% of 933 companies
in the REITs industry
Industry Median: 6.2 vs GLPI: 19.72

Gaming and Leisure Properties  (NAS:GLPI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=927.316/4630.6575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(927.316 / 1679.94)*(1679.94 / 13337.5075)*(13337.5075 / 4630.6575)
=Net Margin %*Asset Turnover*Equity Multiplier
=55.2 %*0.126*2.8803
=ROA %*Equity Multiplier
=6.96 %*2.8803
=20.03 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=927.316/4630.6575
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (927.316 / 959.848) * (959.848 / 1333.396) * (1333.396 / 1679.94) * (1679.94 / 13337.5075) * (13337.5075 / 4630.6575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9661 * 0.7199 * 79.37 % * 0.126 * 2.8803
=20.03 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Gaming and Leisure Properties ROE % Related Terms


Gaming and Leisure Properties ROE % Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties's ROE % 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 ROE % Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.23 19.67 18.51 18.62 18.55

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
ROE % 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 15.58 13.81 21.13 23.24 20.03

GLPI vs LAMR, WY, RYN: ROE % Comparison

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

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

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


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

Gaming and Leisure Properties's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=825.111/( (4268.562+4626.452)/ 2 )
=825.111/4447.507
=18.55 %

Gaming and Leisure Properties's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=927.316/( (4626.452+4634.863)/ 2 )
=927.316/4630.6575
=20.03 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 20.03% mean?
Gaming and Leisure Properties (GLPI) has a ROE % of 20.03% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gaming and Leisure Properties and its competitors. This is near median its historical median of 18.53. Over the past decade, Gaming and Leisure Properties' ROE % has ranged from 14.37 to 26.54. According to the industry distribution chart, Gaming and Leisure Properties ranks #61 out of 933 companies in the REITs industry, placing it in the top 6.5%.
Is Gaming and Leisure Properties' ROE % too high?
Gaming and Leisure Properties' current ROE % of 20.03% is near median its 10-year median of 18.53. Over the past 10 years, this metric has ranged from a low of 14.37 to a high of 26.54. The REITs industry median ROE % is 6.20. Gaming and Leisure Properties' value of 20.03% is 223.1% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #61 out of 933 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' ROE % compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #61 out of 933 companies for ROE %. This places Gaming and Leisure Properties in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 6.20. Gaming and Leisure Properties' value of 20.03% is 223.1% above this benchmark. Historically, Gaming and Leisure Properties' own ROE % has ranged from 14.37 to 26.54 over the past decade. While the company's 10-year median is 18.53 vs. the industry median of 6.20, 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.20, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current ROE % of 20.03% is 223.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gaming and Leisure Properties and its competitors. For the REITs industry, the median ROE % is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current ROE % is 20.03%, which is near median its own 10-year median of 18.53. 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 ROE % is 20.03%, which is near median its 10-year median of 18.53 and 223.1% above the REITs industry median of 6.20. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current ROE % is 20.03% 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:

  • ROE %: 20.03% (near median its 10-year median of 18.53)
  • GF Value™: $49.74 vs. price of $45.38 (8.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 223.1% above the REITs median (#61 of 933)

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

Get the complete analysis for GLPI

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

$45.38
Price
$49.74
GF Value