vs
Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) 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 $256.5M, roughly 1.6× Great Lakes Dredge & Dock CORP). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 4.9%, a 52.1% gap on every dollar of revenue. On growth, Great Lakes Dredge & Dock CORP posted the faster year-over-year revenue change (26.5% vs 6.3%). Over the past eight quarters, Great Lakes Dredge & Dock CORP's revenue compounded faster (13.6% CAGR vs 5.0%).
Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.
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.
GLDD vs GLPI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $256.5M | $420.0M |
| Net Profit | $12.6M | $239.4M |
| Gross Margin | 20.9% | — |
| Operating Margin | 12.7% | 79.4% |
| Net Margin | 4.9% | 57.0% |
| Revenue YoY | 26.5% | 6.3% |
| Net Profit YoY | -35.9% | 40.5% |
| EPS (diluted) | $0.19 | — |
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 | $256.5M | $407.0M | ||
| Q3 25 | $195.2M | $397.6M | ||
| Q2 25 | $193.8M | $394.9M | ||
| Q1 25 | $242.9M | $395.2M | ||
| Q4 24 | $202.8M | $389.6M | ||
| Q3 24 | $191.2M | $385.3M | ||
| Q2 24 | $170.1M | $380.6M |
| Q1 26 | — | $239.4M | ||
| Q4 25 | $12.6M | $275.4M | ||
| Q3 25 | $17.7M | $241.2M | ||
| Q2 25 | $9.7M | $151.4M | ||
| Q1 25 | $33.4M | $165.2M | ||
| Q4 24 | $19.7M | $223.6M | ||
| Q3 24 | $8.9M | $184.7M | ||
| Q2 24 | $7.7M | $208.3M |
| Q1 26 | — | — | ||
| Q4 25 | 20.9% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 24.1% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 17.5% | — |
| Q1 26 | — | 79.4% | ||
| Q4 25 | 12.7% | 89.3% | ||
| Q3 25 | 14.4% | 84.8% | ||
| Q2 25 | 8.8% | 61.3% | ||
| Q1 25 | 20.6% | 65.5% | ||
| Q4 24 | 14.8% | 79.1% | ||
| Q3 24 | 8.7% | 70.4% | ||
| Q2 24 | 8.6% | 77.1% |
| Q1 26 | — | 57.0% | ||
| Q4 25 | 4.9% | 67.6% | ||
| Q3 25 | 9.1% | 60.7% | ||
| Q2 25 | 5.0% | 38.4% | ||
| Q1 25 | 13.8% | 41.8% | ||
| Q4 24 | 9.7% | 57.4% | ||
| Q3 24 | 4.6% | 47.9% | ||
| Q2 24 | 4.5% | 54.7% |
| Q1 26 | — | — | ||
| Q4 25 | $0.19 | $0.96 | ||
| Q3 25 | $0.26 | $0.85 | ||
| Q2 25 | $0.14 | $0.54 | ||
| Q1 25 | $0.49 | $0.60 | ||
| Q4 24 | $0.29 | $0.79 | ||
| Q3 24 | $0.13 | $0.67 | ||
| Q2 24 | $0.11 | $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 | $13.4M | $274.5M |
| Total DebtLower is stronger | $378.2M | — |
| Stockholders' EquityBook value | $517.1M | $5.0B |
| Total Assets | $1.3B | $13.8B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $274.5M | ||
| Q4 25 | $13.4M | — | ||
| Q3 25 | $12.7M | — | ||
| Q2 25 | $2.9M | — | ||
| Q1 25 | $11.3M | — | ||
| Q4 24 | $10.2M | $560.8M | ||
| Q3 24 | $12.0M | $560.8M | ||
| Q2 24 | $23.1M | $560.8M |
| Q1 26 | — | — | ||
| Q4 25 | $378.2M | $7.2B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | — | $6.9B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | $448.2M | $7.7B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | — | $6.6B |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $517.1M | $4.6B | ||
| Q3 25 | $502.1M | $4.6B | ||
| Q2 25 | $481.9M | $4.6B | ||
| Q1 25 | $479.9M | $4.2B | ||
| Q4 24 | $448.9M | $4.3B | ||
| Q3 24 | $425.4M | $4.3B | ||
| Q2 24 | $418.0M | $4.1B |
| Q1 26 | — | $13.8B | ||
| Q4 25 | $1.3B | $12.9B | ||
| Q3 25 | $1.3B | $12.8B | ||
| Q2 25 | $1.2B | $12.5B | ||
| Q1 25 | $1.2B | $12.1B | ||
| Q4 24 | $1.3B | $13.1B | ||
| Q3 24 | $1.1B | $12.7B | ||
| Q2 24 | $1.1B | $11.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.73× | 1.56× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | — | 1.51× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | 1.00× | 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 | $79.7M | — |
| Free Cash FlowOCF − Capex | $50.3M | — |
| FCF MarginFCF / Revenue | 19.6% | — |
| Capex IntensityCapex / Revenue | 11.5% | — |
| Cash ConversionOCF / Net Profit | 6.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $99.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $79.7M | $1.1B | ||
| Q3 25 | $49.2M | $240.3M | ||
| Q2 25 | $56.9M | $293.4M | ||
| Q1 25 | $60.9M | $252.5M | ||
| Q4 24 | $-13.5M | $1.1B | ||
| Q3 24 | $26.8M | $270.4M | ||
| Q2 24 | $18.4M | $252.1M |
| Q1 26 | — | — | ||
| Q4 25 | $50.3M | — | ||
| Q3 25 | $13.2M | $183.0M | ||
| Q2 25 | $-3.7M | $272.3M | ||
| Q1 25 | $39.6M | $239.6M | ||
| Q4 24 | $-36.1M | $1.1B | ||
| Q3 24 | $-11.5M | $261.5M | ||
| Q2 24 | $-34.0M | $245.0M |
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | — | ||
| Q3 25 | 6.8% | 46.0% | ||
| Q2 25 | -1.9% | 69.0% | ||
| Q1 25 | 16.3% | 60.6% | ||
| Q4 24 | -17.8% | 275.3% | ||
| Q3 24 | -6.0% | 67.9% | ||
| Q2 24 | -20.0% | 64.4% |
| Q1 26 | — | — | ||
| Q4 25 | 11.5% | — | ||
| Q3 25 | 18.4% | 14.4% | ||
| Q2 25 | 31.3% | 5.3% | ||
| Q1 25 | 8.7% | 3.3% | ||
| Q4 24 | 11.2% | 0.0% | ||
| Q3 24 | 20.0% | 2.3% | ||
| Q2 24 | 30.8% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 6.31× | 4.10× | ||
| Q3 25 | 2.77× | 1.00× | ||
| Q2 25 | 5.87× | 1.94× | ||
| Q1 25 | 1.82× | 1.53× | ||
| Q4 24 | -0.69× | 4.80× | ||
| Q3 24 | 3.02× | 1.46× | ||
| Q2 24 | 2.39× | 1.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
