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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and Installed Building Products, Inc. (IBP). Click either name above to swap in a different company.
Installed Building Products, Inc. is the larger business by last-quarter revenue ($747.5M vs $420.0M, roughly 1.8× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 10.2%, a 46.8% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs -0.4%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs 3.9%).
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.
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
GLPI vs IBP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $420.0M | $747.5M |
| Net Profit | $239.4M | $76.6M |
| Gross Margin | — | 35.0% |
| Operating Margin | 79.4% | 14.6% |
| Net Margin | 57.0% | 10.2% |
| Revenue YoY | 6.3% | -0.4% |
| Net Profit YoY | 40.5% | 14.5% |
| EPS (diluted) | — | $2.81 |
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 | $407.0M | $747.5M | ||
| Q3 25 | $397.6M | $778.2M | ||
| Q2 25 | $394.9M | $760.3M | ||
| Q1 25 | $395.2M | $684.8M | ||
| Q4 24 | $389.6M | $750.2M | ||
| Q3 24 | $385.3M | $760.6M | ||
| Q2 24 | $380.6M | $737.6M |
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $76.6M | ||
| Q3 25 | $241.2M | $74.4M | ||
| Q2 25 | $151.4M | $69.0M | ||
| Q1 25 | $165.2M | $45.4M | ||
| Q4 24 | $223.6M | $66.9M | ||
| Q3 24 | $184.7M | $68.6M | ||
| Q2 24 | $208.3M | $65.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 33.6% | ||
| Q3 24 | — | 33.8% | ||
| Q2 24 | — | 34.1% |
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 14.6% | ||
| Q3 25 | 84.8% | 13.7% | ||
| Q2 25 | 61.3% | 13.3% | ||
| Q1 25 | 65.5% | 10.2% | ||
| Q4 24 | 79.1% | 13.1% | ||
| Q3 24 | 70.4% | 13.3% | ||
| Q2 24 | 77.1% | 12.9% |
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 10.2% | ||
| Q3 25 | 60.7% | 9.6% | ||
| Q2 25 | 38.4% | 9.1% | ||
| Q1 25 | 41.8% | 6.6% | ||
| Q4 24 | 57.4% | 8.9% | ||
| Q3 24 | 47.9% | 9.0% | ||
| Q2 24 | 54.7% | 8.8% |
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $2.81 | ||
| Q3 25 | $0.85 | $2.74 | ||
| Q2 25 | $0.54 | $2.52 | ||
| Q1 25 | $0.60 | $1.64 | ||
| Q4 24 | $0.79 | $2.39 | ||
| Q3 24 | $0.67 | $2.44 | ||
| Q2 24 | $0.77 | $2.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $274.5M | $321.9M |
| Total DebtLower is stronger | — | $886.6M |
| Stockholders' EquityBook value | $5.0B | $709.9M |
| Total Assets | $13.8B | $2.1B |
| Debt / EquityLower = less leverage | — | 1.25× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $321.9M | ||
| Q3 25 | — | $333.3M | ||
| Q2 25 | — | $305.2M | ||
| Q1 25 | — | $298.7M | ||
| Q4 24 | $560.8M | $327.6M | ||
| Q3 24 | $560.8M | $406.2M | ||
| Q2 24 | $560.8M | $380.3M |
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | $886.6M | ||
| Q3 25 | $7.2B | $880.8M | ||
| Q2 25 | $6.9B | $876.1M | ||
| Q1 25 | $6.9B | $872.4M | ||
| Q4 24 | $7.7B | $874.8M | ||
| Q3 24 | $7.4B | $872.3M | ||
| Q2 24 | $6.6B | $875.8M |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $709.9M | ||
| Q3 25 | $4.6B | $678.6M | ||
| Q2 25 | $4.6B | $664.5M | ||
| Q1 25 | $4.2B | $660.9M | ||
| Q4 24 | $4.3B | $705.3M | ||
| Q3 24 | $4.3B | $716.4M | ||
| Q2 24 | $4.1B | $685.3M |
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $2.1B | ||
| Q3 25 | $12.8B | $2.1B | ||
| Q2 25 | $12.5B | $2.0B | ||
| Q1 25 | $12.1B | $2.0B | ||
| Q4 24 | $13.1B | $2.1B | ||
| Q3 24 | $12.7B | $2.1B | ||
| Q2 24 | $11.8B | $2.0B |
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 1.25× | ||
| Q3 25 | 1.57× | 1.30× | ||
| Q2 25 | 1.51× | 1.32× | ||
| Q1 25 | 1.63× | 1.32× | ||
| Q4 24 | 1.81× | 1.24× | ||
| Q3 24 | 1.74× | 1.22× | ||
| Q2 24 | 1.60× | 1.28× |
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 | — | $64.9M |
| Free Cash FlowOCF − Capex | — | $49.3M |
| FCF MarginFCF / Revenue | — | 6.6% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | — | 0.85× |
| TTM Free Cash FlowTrailing 4 quarters | — | $300.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $64.9M | ||
| Q3 25 | $240.3M | $124.0M | ||
| Q2 25 | $293.4M | $90.4M | ||
| Q1 25 | $252.5M | $92.1M | ||
| Q4 24 | $1.1B | $74.8M | ||
| Q3 24 | $270.4M | $101.4M | ||
| Q2 24 | $252.1M | $79.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $49.3M | ||
| Q3 25 | $183.0M | $104.8M | ||
| Q2 25 | $272.3M | $74.8M | ||
| Q1 25 | $239.6M | $71.9M | ||
| Q4 24 | $1.1B | $52.9M | ||
| Q3 24 | $261.5M | $77.3M | ||
| Q2 24 | $245.0M | $58.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | 46.0% | 13.5% | ||
| Q2 25 | 69.0% | 9.8% | ||
| Q1 25 | 60.6% | 10.5% | ||
| Q4 24 | 275.3% | 7.1% | ||
| Q3 24 | 67.9% | 10.2% | ||
| Q2 24 | 64.4% | 7.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.1% | ||
| Q3 25 | 14.4% | 2.5% | ||
| Q2 25 | 5.3% | 2.1% | ||
| Q1 25 | 3.3% | 2.9% | ||
| Q4 24 | 0.0% | 2.9% | ||
| Q3 24 | 2.3% | 3.2% | ||
| Q2 24 | 1.9% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 0.85× | ||
| Q3 25 | 1.00× | 1.67× | ||
| Q2 25 | 1.94× | 1.31× | ||
| Q1 25 | 1.53× | 2.03× | ||
| Q4 24 | 4.80× | 1.12× | ||
| Q3 24 | 1.46× | 1.48× | ||
| Q2 24 | 1.21× | 1.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLPI
Segment breakdown not available.
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
