vs
Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) 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 $233.0M, roughly 1.8× CSW INDUSTRIALS, INC.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 4.4%, a 52.6% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 6.3%). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs 5.0%).
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.
CSW vs GLPI — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $420.0M |
| Net Profit | $10.3M | $239.4M |
| Gross Margin | 39.7% | — |
| Operating Margin | 7.4% | 79.4% |
| Net Margin | 4.4% | 57.0% |
| Revenue YoY | 20.3% | 6.3% |
| Net Profit YoY | -61.9% | 40.5% |
| EPS (diluted) | $0.62 | — |
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.
| Q1 26 | — | $420.0M | ||
| Q4 25 | $233.0M | $407.0M | ||
| Q3 25 | $277.0M | $397.6M | ||
| Q2 25 | $263.6M | $394.9M | ||
| Q1 25 | $230.5M | $395.2M | ||
| Q4 24 | $193.6M | $389.6M | ||
| Q3 24 | $227.9M | $385.3M | ||
| Q2 24 | $226.2M | $380.6M |
| Q1 26 | — | $239.4M | ||
| Q4 25 | $10.3M | $275.4M | ||
| Q3 25 | $40.7M | $241.2M | ||
| Q2 25 | $40.9M | $151.4M | ||
| Q1 25 | $35.1M | $165.2M | ||
| Q4 24 | $26.9M | $223.6M | ||
| Q3 24 | $36.1M | $184.7M | ||
| Q2 24 | $38.6M | $208.3M |
| Q1 26 | — | — | ||
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 43.8% | — | ||
| Q1 25 | 44.2% | — | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 47.5% | — |
| Q1 26 | — | 79.4% | ||
| Q4 25 | 7.4% | 89.3% | ||
| Q3 25 | 20.5% | 84.8% | ||
| Q2 25 | 20.8% | 61.3% | ||
| Q1 25 | 19.5% | 65.5% | ||
| Q4 24 | 15.3% | 79.1% | ||
| Q3 24 | 22.6% | 70.4% | ||
| Q2 24 | 24.3% | 77.1% |
| Q1 26 | — | 57.0% | ||
| Q4 25 | 4.4% | 67.6% | ||
| Q3 25 | 14.7% | 60.7% | ||
| Q2 25 | 15.5% | 38.4% | ||
| Q1 25 | 15.2% | 41.8% | ||
| Q4 24 | 13.9% | 57.4% | ||
| Q3 24 | 15.8% | 47.9% | ||
| Q2 24 | 17.1% | 54.7% |
| Q1 26 | — | — | ||
| Q4 25 | $0.62 | $0.96 | ||
| Q3 25 | $2.41 | $0.85 | ||
| Q2 25 | $2.43 | $0.54 | ||
| Q1 25 | $2.05 | $0.60 | ||
| Q4 24 | $1.60 | $0.79 | ||
| Q3 24 | $2.26 | $0.67 | ||
| Q2 24 | $2.47 | $0.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.2M | $274.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $5.0B |
| Total Assets | $2.3B | $13.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $274.5M | ||
| Q4 25 | $40.2M | — | ||
| Q3 25 | $31.5M | — | ||
| Q2 25 | $38.0M | — | ||
| Q1 25 | $225.8M | — | ||
| Q4 24 | $213.8M | $560.8M | ||
| Q3 24 | $273.2M | $560.8M | ||
| Q2 24 | $18.9M | $560.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $7.2B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | — | $6.9B | ||
| Q1 25 | $800.1M | $6.9B | ||
| Q4 24 | — | $7.7B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | — | $6.6B |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $1.1B | $4.6B | ||
| Q3 25 | $1.1B | $4.6B | ||
| Q2 25 | $1.1B | $4.6B | ||
| Q1 25 | $1.1B | $4.2B | ||
| Q4 24 | $1.0B | $4.3B | ||
| Q3 24 | $1.0B | $4.3B | ||
| Q2 24 | $650.2M | $4.1B |
| Q1 26 | — | $13.8B | ||
| Q4 25 | $2.3B | $12.9B | ||
| Q3 25 | $1.5B | $12.8B | ||
| Q2 25 | $1.5B | $12.5B | ||
| Q1 25 | $1.4B | $12.1B | ||
| Q4 24 | $1.4B | $13.1B | ||
| Q3 24 | $1.4B | $12.7B | ||
| Q2 24 | $1.1B | $11.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.56× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | — | 1.51× | ||
| Q1 25 | 0.75× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.9M | — |
| Free Cash FlowOCF − Capex | $22.7M | — |
| FCF MarginFCF / Revenue | 9.8% | — |
| Capex IntensityCapex / Revenue | 2.6% | — |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $1.1B | ||
| Q3 25 | $61.8M | $240.3M | ||
| Q2 25 | $60.6M | $293.4M | ||
| Q1 25 | $27.3M | $252.5M | ||
| Q4 24 | $11.6M | $1.1B | ||
| Q3 24 | $66.8M | $270.4M | ||
| Q2 24 | $62.7M | $252.1M |
| Q1 26 | — | — | ||
| Q4 25 | $22.7M | — | ||
| Q3 25 | $58.7M | $183.0M | ||
| Q2 25 | $57.7M | $272.3M | ||
| Q1 25 | $22.8M | $239.6M | ||
| Q4 24 | $8.5M | $1.1B | ||
| Q3 24 | $61.3M | $261.5M | ||
| Q2 24 | $59.6M | $245.0M |
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | — | ||
| Q3 25 | 21.2% | 46.0% | ||
| Q2 25 | 21.9% | 69.0% | ||
| Q1 25 | 9.9% | 60.6% | ||
| Q4 24 | 4.4% | 275.3% | ||
| Q3 24 | 26.9% | 67.9% | ||
| Q2 24 | 26.3% | 64.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.1% | 14.4% | ||
| Q2 25 | 1.1% | 5.3% | ||
| Q1 25 | 2.0% | 3.3% | ||
| Q4 24 | 1.6% | 0.0% | ||
| Q3 24 | 2.4% | 2.3% | ||
| Q2 24 | 1.4% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | 4.10× | ||
| Q3 25 | 1.52× | 1.00× | ||
| Q2 25 | 1.48× | 1.94× | ||
| Q1 25 | 0.78× | 1.53× | ||
| Q4 24 | 0.43× | 4.80× | ||
| Q3 24 | 1.85× | 1.46× | ||
| Q2 24 | 1.62× | 1.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
GLPI
Segment breakdown not available.
