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

BlueLinx Holdings Inc. is the larger business by last-quarter revenue ($748.9M vs $420.0M, roughly 1.8× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 0.2%, a 56.8% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 0.2%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs 2.5%).

BlueLinx Holdings Inc. is a wholesale distributor of building and industrial products in the United States. Headquartered in Atlanta, Georgia, Shyam Reddy serves as its President and CEO.

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.

BXC vs GLPI — Head-to-Head

Bigger by revenue
BXC
BXC
1.8× larger
BXC
$748.9M
$420.0M
GLPI
Growing faster (revenue YoY)
GLPI
GLPI
+6.1% gap
GLPI
6.3%
0.2%
BXC
Higher net margin
GLPI
GLPI
56.8% more per $
GLPI
57.0%
0.2%
BXC
Faster 2-yr revenue CAGR
GLPI
GLPI
Annualised
GLPI
5.0%
2.5%
BXC

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
BXC
BXC
GLPI
GLPI
Revenue
$748.9M
$420.0M
Net Profit
$1.7M
$239.4M
Gross Margin
14.4%
Operating Margin
1.3%
79.4%
Net Margin
0.2%
57.0%
Revenue YoY
0.2%
6.3%
Net Profit YoY
-89.7%
40.5%
EPS (diluted)
$0.20

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
BXC
BXC
GLPI
GLPI
Q1 26
$420.0M
Q4 25
$407.0M
Q3 25
$748.9M
$397.6M
Q2 25
$780.1M
$394.9M
Q1 25
$709.2M
$395.2M
Q4 24
$710.6M
$389.6M
Q3 24
$747.3M
$385.3M
Q2 24
$768.4M
$380.6M
Net Profit
BXC
BXC
GLPI
GLPI
Q1 26
$239.4M
Q4 25
$275.4M
Q3 25
$1.7M
$241.2M
Q2 25
$4.3M
$151.4M
Q1 25
$2.8M
$165.2M
Q4 24
$223.6M
Q3 24
$16.0M
$184.7M
Q2 24
$14.3M
$208.3M
Gross Margin
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
Q3 25
14.4%
Q2 25
15.3%
Q1 25
15.7%
Q4 24
15.9%
Q3 24
16.8%
Q2 24
15.9%
Operating Margin
BXC
BXC
GLPI
GLPI
Q1 26
79.4%
Q4 25
89.3%
Q3 25
1.3%
84.8%
Q2 25
1.9%
61.3%
Q1 25
1.5%
65.5%
Q4 24
1.7%
79.1%
Q3 24
3.2%
70.4%
Q2 24
3.1%
77.1%
Net Margin
BXC
BXC
GLPI
GLPI
Q1 26
57.0%
Q4 25
67.6%
Q3 25
0.2%
60.7%
Q2 25
0.6%
38.4%
Q1 25
0.4%
41.8%
Q4 24
57.4%
Q3 24
2.1%
47.9%
Q2 24
1.9%
54.7%
EPS (diluted)
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
$0.96
Q3 25
$0.20
$0.85
Q2 25
$0.54
$0.54
Q1 25
$0.33
$0.60
Q4 24
$0.67
$0.79
Q3 24
$1.87
$0.67
Q2 24
$1.65
$0.77

Balance Sheet & Financial Strength

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

Metric
BXC
BXC
GLPI
GLPI
Cash + ST InvestmentsLiquidity on hand
$429.4M
$274.5M
Total DebtLower is stronger
$598.5M
Stockholders' EquityBook value
$623.0M
$5.0B
Total Assets
$1.6B
$13.8B
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BXC
BXC
GLPI
GLPI
Q1 26
$274.5M
Q4 25
Q3 25
$429.4M
Q2 25
$386.8M
Q1 25
$449.0M
Q4 24
$505.6M
$560.8M
Q3 24
$526.3M
$560.8M
Q2 24
$491.4M
$560.8M
Total Debt
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
$7.2B
Q3 25
$598.5M
$7.2B
Q2 25
$596.4M
$6.9B
Q1 25
$596.6M
$6.9B
Q4 24
$575.1M
$7.7B
Q3 24
$576.0M
$7.4B
Q2 24
$574.6M
$6.6B
Stockholders' Equity
BXC
BXC
GLPI
GLPI
Q1 26
$5.0B
Q4 25
$4.6B
Q3 25
$623.0M
$4.6B
Q2 25
$621.3M
$4.6B
Q1 25
$636.1M
$4.2B
Q4 24
$646.4M
$4.3B
Q3 24
$655.6M
$4.3B
Q2 24
$652.3M
$4.1B
Total Assets
BXC
BXC
GLPI
GLPI
Q1 26
$13.8B
Q4 25
$12.9B
Q3 25
$1.6B
$12.8B
Q2 25
$1.6B
$12.5B
Q1 25
$1.6B
$12.1B
Q4 24
$1.6B
$13.1B
Q3 24
$1.6B
$12.7B
Q2 24
$1.6B
$11.8B
Debt / Equity
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
1.56×
Q3 25
0.96×
1.57×
Q2 25
0.96×
1.51×
Q1 25
0.94×
1.63×
Q4 24
0.89×
1.81×
Q3 24
0.88×
1.74×
Q2 24
0.88×
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
BXC
BXC
GLPI
GLPI
Operating Cash FlowLast quarter
$58.6M
Free Cash FlowOCF − Capex
$52.7M
FCF MarginFCF / Revenue
7.0%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
35.42×
TTM Free Cash FlowTrailing 4 quarters
$-25.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
$1.1B
Q3 25
$58.6M
$240.3M
Q2 25
$-26.8M
$293.4M
Q1 25
$-33.9M
$252.5M
Q4 24
$18.7M
$1.1B
Q3 24
$61.8M
$270.4M
Q2 24
$35.8M
$252.1M
Free Cash Flow
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
Q3 25
$52.7M
$183.0M
Q2 25
$-36.4M
$272.3M
Q1 25
$-39.8M
$239.6M
Q4 24
$-1.5M
$1.1B
Q3 24
$53.8M
$261.5M
Q2 24
$29.3M
$245.0M
FCF Margin
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
Q3 25
7.0%
46.0%
Q2 25
-4.7%
69.0%
Q1 25
-5.6%
60.6%
Q4 24
-0.2%
275.3%
Q3 24
7.2%
67.9%
Q2 24
3.8%
64.4%
Capex Intensity
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
Q3 25
0.8%
14.4%
Q2 25
1.2%
5.3%
Q1 25
0.8%
3.3%
Q4 24
2.9%
0.0%
Q3 24
1.1%
2.3%
Q2 24
0.8%
1.9%
Cash Conversion
BXC
BXC
GLPI
GLPI
Q1 26
Q4 25
4.10×
Q3 25
35.42×
1.00×
Q2 25
-6.21×
1.94×
Q1 25
-12.09×
1.53×
Q4 24
4.80×
Q3 24
3.86×
1.46×
Q2 24
2.50×
1.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BXC
BXC

Specialty Products$525.5M70%
Structural Products$223.4M30%

GLPI
GLPI

Segment breakdown not available.

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