vs

Side-by-side financial comparison of ASTRONICS CORP (ATRO) and Gaming & Leisure Properties, Inc. (GLPI). Click either name above to swap in a different company.

Gaming & Leisure Properties, Inc. is the larger business by last-quarter revenue ($420.0M vs $240.1M, roughly 1.7× ASTRONICS CORP). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs 6.3%). Over the past eight quarters, ASTRONICS CORP's revenue compounded faster (13.9% CAGR vs 5.0%).

Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.

Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 62 casino properties, all of which are leased to other companies.

ATRO vs GLPI — Head-to-Head

Bigger by revenue
GLPI
GLPI
1.7× larger
GLPI
$420.0M
$240.1M
ATRO
Growing faster (revenue YoY)
ATRO
ATRO
+8.8% gap
ATRO
15.1%
6.3%
GLPI
Faster 2-yr revenue CAGR
ATRO
ATRO
Annualised
ATRO
13.9%
5.0%
GLPI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ATRO
ATRO
GLPI
GLPI
Revenue
$240.1M
$420.0M
Net Profit
$239.4M
Gross Margin
33.3%
Operating Margin
14.8%
79.4%
Net Margin
57.0%
Revenue YoY
15.1%
6.3%
Net Profit YoY
40.5%
EPS (diluted)
$0.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATRO
ATRO
GLPI
GLPI
Q1 26
$420.0M
Q4 25
$240.1M
$407.0M
Q3 25
$211.4M
$397.6M
Q2 25
$204.7M
$394.9M
Q1 25
$205.9M
$395.2M
Q4 24
$208.5M
$389.6M
Q3 24
$203.7M
$385.3M
Q2 24
$198.1M
$380.6M
Net Profit
ATRO
ATRO
GLPI
GLPI
Q1 26
$239.4M
Q4 25
$275.4M
Q3 25
$-11.1M
$241.2M
Q2 25
$1.3M
$151.4M
Q1 25
$9.5M
$165.2M
Q4 24
$223.6M
Q3 24
$-11.7M
$184.7M
Q2 24
$1.5M
$208.3M
Gross Margin
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
33.3%
Q3 25
30.5%
Q2 25
25.8%
Q1 25
29.5%
Q4 24
29.8%
Q3 24
27.1%
Q2 24
28.0%
Operating Margin
ATRO
ATRO
GLPI
GLPI
Q1 26
79.4%
Q4 25
14.8%
89.3%
Q3 25
10.9%
84.8%
Q2 25
2.3%
61.3%
Q1 25
6.4%
65.5%
Q4 24
4.3%
79.1%
Q3 24
4.1%
70.4%
Q2 24
3.8%
77.1%
Net Margin
ATRO
ATRO
GLPI
GLPI
Q1 26
57.0%
Q4 25
67.6%
Q3 25
-5.2%
60.7%
Q2 25
0.6%
38.4%
Q1 25
4.6%
41.8%
Q4 24
57.4%
Q3 24
-5.8%
47.9%
Q2 24
0.8%
54.7%
EPS (diluted)
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
$0.82
$0.96
Q3 25
$-0.31
$0.85
Q2 25
$0.04
$0.54
Q1 25
$0.26
$0.60
Q4 24
$-0.07
$0.79
Q3 24
$-0.34
$0.67
Q2 24
$0.04
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATRO
ATRO
GLPI
GLPI
Cash + ST InvestmentsLiquidity on hand
$18.2M
$274.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$140.1M
$5.0B
Total Assets
$706.7M
$13.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRO
ATRO
GLPI
GLPI
Q1 26
$274.5M
Q4 25
$18.2M
Q3 25
$13.5M
Q2 25
$13.5M
Q1 25
$24.8M
Q4 24
$9.3M
$560.8M
Q3 24
$5.2M
$560.8M
Q2 24
$2.9M
$560.8M
Total Debt
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
$7.2B
Q3 25
$7.2B
Q2 25
$6.9B
Q1 25
$6.9B
Q4 24
$7.7B
Q3 24
$7.4B
Q2 24
$6.6B
Stockholders' Equity
ATRO
ATRO
GLPI
GLPI
Q1 26
$5.0B
Q4 25
$140.1M
$4.6B
Q3 25
$108.9M
$4.6B
Q2 25
$271.6M
$4.6B
Q1 25
$266.8M
$4.2B
Q4 24
$256.1M
$4.3B
Q3 24
$249.2M
$4.3B
Q2 24
$257.9M
$4.1B
Total Assets
ATRO
ATRO
GLPI
GLPI
Q1 26
$13.8B
Q4 25
$706.7M
$12.9B
Q3 25
$682.2M
$12.8B
Q2 25
$646.7M
$12.5B
Q1 25
$662.2M
$12.1B
Q4 24
$648.8M
$13.1B
Q3 24
$651.6M
$12.7B
Q2 24
$644.9M
$11.8B
Debt / Equity
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
1.56×
Q3 25
1.57×
Q2 25
1.51×
Q1 25
1.63×
Q4 24
1.81×
Q3 24
1.74×
Q2 24
1.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATRO
ATRO
GLPI
GLPI
Operating Cash FlowLast quarter
$27.6M
Free Cash FlowOCF − Capex
$15.8M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
$27.6M
$1.1B
Q3 25
$34.2M
$240.3M
Q2 25
$-7.6M
$293.4M
Q1 25
$20.6M
$252.5M
Q4 24
$26.4M
$1.1B
Q3 24
$8.4M
$270.4M
Q2 24
$-6.3M
$252.1M
Free Cash Flow
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
$15.8M
Q3 25
$21.0M
$183.0M
Q2 25
$-12.2M
$272.3M
Q1 25
$18.5M
$239.6M
Q4 24
$23.2M
$1.1B
Q3 24
$6.5M
$261.5M
Q2 24
$-8.1M
$245.0M
FCF Margin
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
6.6%
Q3 25
9.9%
46.0%
Q2 25
-6.0%
69.0%
Q1 25
9.0%
60.6%
Q4 24
11.1%
275.3%
Q3 24
3.2%
67.9%
Q2 24
-4.1%
64.4%
Capex Intensity
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
4.9%
Q3 25
6.2%
14.4%
Q2 25
2.2%
5.3%
Q1 25
1.0%
3.3%
Q4 24
1.5%
0.0%
Q3 24
0.9%
2.3%
Q2 24
0.9%
1.9%
Cash Conversion
ATRO
ATRO
GLPI
GLPI
Q1 26
Q4 25
4.10×
Q3 25
1.00×
Q2 25
-5.81×
1.94×
Q1 25
2.17×
1.53×
Q4 24
4.80×
Q3 24
1.46×
Q2 24
-4.08×
1.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATRO
ATRO

Product Line Electrical Power And Motion$113.8M47%
Product Line Avionics$32.0M13%
Military Aircraft$28.0M12%
General Aviation$22.3M9%
Government And Defense$20.5M9%
Product Line Systems Certification$13.2M6%
Product Line Structures$3.7M2%
Product Line Other$2.3M1%

GLPI
GLPI

Segment breakdown not available.

Related Comparisons