EPR Properties vs Gaming and Leisure Properties
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put EPR Properties and Gaming and Leisure Properties side by side, using each one’s latest annual report. Here is what stands out:
- Gaming and Leisure Properties is the larger business, with $1.6B of revenue in fiscal 2025 against $718M for EPR Properties, about 2.2 times as much.
- Gaming and Leisure Properties grew revenue faster (4.1%, against 2.9%).
- Gaming and Leisure Properties kept more of each dollar of sales as operating profit (75.3% operating margin, against 57.7%).
- Gaming and Leisure Properties turned more of its sales into free cash flow (51.7% FCF margin, against 37.5%).
- Gaming and Leisure Properties earned a higher return on the capital invested in it (10.2%, against 8.0%).
- Investors pay more for each dollar of EPR Properties’s earnings: a P/E of 18.1x against 11.5x for Gaming and Leisure Properties.
Who comes out ahead
Of the 9 measures where higher (or lower) is clearly better, how many each company leads.
EPR Properties
EPR
2/9
5-year growthShare count change
Gaming and Leisure Properties
GLPI
7/9
Revenue growthOperating marginNet marginFCF marginReturn on capitalReturn on equityNet debt / EBITDA
Side by side
Best in the row
| Latest fiscal year | EPR FY25 | GLPI FY25 |
|---|---|---|
| Size | ||
| Market cap | $4.3B | $11.3B |
| Revenue | $718M | $1.6B |
| Free cash flow | $269M | $825M |
| Net income | $275M | $825M |
| Growth | ||
| Revenue growth | 2.9% | 4.1% |
| 5-year growth | 11.6% | 6.7% |
| Share count change | 0.7% | 2.4% |
| Profitability | ||
| Gross margin | — | — |
| Operating margin | 57.7% | 75.3% |
| Net margin | 38.3% | 51.7% |
| FCF margin | 37.5% | 51.7% |
| Return on capital | 8.0% | 10.2% |
| Return on equity | 11.8% | 18.6% |
| Balance sheet | ||
| Net debt | $2.8B | $7.0B |
| Net debt / EBITDA | 4.9x | 4.7x |
| Dividends and buybacks | $301M | $872M |
| Valuation & quality | ||
| P/E | 18.1x | 11.5x |
| Piotroski F-score | — | — |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.