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

Knife River Corp is the larger business by last-quarter revenue ($755.1M vs $420.0M, roughly 1.8× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 4.2%, a 52.8% gap on every dollar of revenue. On growth, Knife River Corp posted the faster year-over-year revenue change (14.9% vs 6.3%). Over the past eight quarters, Knife River Corp's revenue compounded faster (51.4% 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.

Columbia River Knife & Tool, Inc. (CRKT) is an American knife company established in 1994, and currently based in Tualatin, Oregon, United States. The company's president and sales executive is Rod Bremer and the finance executive is Peggy Bremer.

GLPI vs KNF — Head-to-Head

Bigger by revenue
KNF
KNF
1.8× larger
KNF
$755.1M
$420.0M
GLPI
Growing faster (revenue YoY)
KNF
KNF
+8.6% gap
KNF
14.9%
6.3%
GLPI
Higher net margin
GLPI
GLPI
52.8% more per $
GLPI
57.0%
4.2%
KNF
Faster 2-yr revenue CAGR
KNF
KNF
Annualised
KNF
51.4%
5.0%
GLPI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GLPI
GLPI
KNF
KNF
Revenue
$420.0M
$755.1M
Net Profit
$239.4M
$32.0M
Gross Margin
19.2%
Operating Margin
79.4%
8.6%
Net Margin
57.0%
4.2%
Revenue YoY
6.3%
14.9%
Net Profit YoY
40.5%
37.6%
EPS (diluted)
$0.56

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
GLPI
GLPI
KNF
KNF
Q1 26
$420.0M
Q4 25
$407.0M
$755.1M
Q3 25
$397.6M
$1.2B
Q2 25
$394.9M
$833.8M
Q1 25
$395.2M
$353.5M
Q4 24
$389.6M
$657.2M
Q3 24
$385.3M
$1.1B
Q2 24
$380.6M
$806.9M
Net Profit
GLPI
GLPI
KNF
KNF
Q1 26
$239.4M
Q4 25
$275.4M
$32.0M
Q3 25
$241.2M
$143.2M
Q2 25
$151.4M
$50.6M
Q1 25
$165.2M
$-68.7M
Q4 24
$223.6M
$23.3M
Q3 24
$184.7M
$148.1M
Q2 24
$208.3M
$77.9M
Gross Margin
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
19.2%
Q3 25
23.6%
Q2 25
18.9%
Q1 25
-2.7%
Q4 24
17.4%
Q3 24
24.7%
Q2 24
21.8%
Operating Margin
GLPI
GLPI
KNF
KNF
Q1 26
79.4%
Q4 25
89.3%
8.6%
Q3 25
84.8%
17.9%
Q2 25
61.3%
10.6%
Q1 25
65.5%
-23.4%
Q4 24
79.1%
6.7%
Q3 24
70.4%
18.9%
Q2 24
77.1%
14.5%
Net Margin
GLPI
GLPI
KNF
KNF
Q1 26
57.0%
Q4 25
67.6%
4.2%
Q3 25
60.7%
11.9%
Q2 25
38.4%
6.1%
Q1 25
41.8%
-19.4%
Q4 24
57.4%
3.5%
Q3 24
47.9%
13.4%
Q2 24
54.7%
9.7%
EPS (diluted)
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
$0.96
$0.56
Q3 25
$0.85
$2.52
Q2 25
$0.54
$0.89
Q1 25
$0.60
$-1.21
Q4 24
$0.79
$0.42
Q3 24
$0.67
$2.60
Q2 24
$0.77
$1.37

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
KNF
KNF
Cash + ST InvestmentsLiquidity on hand
$274.5M
$73.8M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$5.0B
$1.6B
Total Assets
$13.8B
$3.7B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
KNF
KNF
Q1 26
$274.5M
Q4 25
$73.8M
Q3 25
$30.7M
Q2 25
$26.6M
Q1 25
$86.1M
Q4 24
$560.8M
$236.8M
Q3 24
$560.8M
$220.4M
Q2 24
$560.8M
$15.5M
Total Debt
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
$7.2B
$1.2B
Q3 25
$7.2B
$1.2B
Q2 25
$6.9B
$1.4B
Q1 25
$6.9B
$1.2B
Q4 24
$7.7B
$677.4M
Q3 24
$7.4B
$678.5M
Q2 24
$6.6B
$679.5M
Stockholders' Equity
GLPI
GLPI
KNF
KNF
Q1 26
$5.0B
Q4 25
$4.6B
$1.6B
Q3 25
$4.6B
$1.6B
Q2 25
$4.6B
$1.5B
Q1 25
$4.2B
$1.4B
Q4 24
$4.3B
$1.5B
Q3 24
$4.3B
$1.4B
Q2 24
$4.1B
$1.3B
Total Assets
GLPI
GLPI
KNF
KNF
Q1 26
$13.8B
Q4 25
$12.9B
$3.7B
Q3 25
$12.8B
$3.7B
Q2 25
$12.5B
$3.6B
Q1 25
$12.1B
$3.3B
Q4 24
$13.1B
$2.9B
Q3 24
$12.7B
$2.9B
Q2 24
$11.8B
$2.7B
Debt / Equity
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
1.56×
0.71×
Q3 25
1.57×
0.74×
Q2 25
1.51×
0.93×
Q1 25
1.63×
0.83×
Q4 24
1.81×
0.46×
Q3 24
1.74×
0.47×
Q2 24
1.60×
0.52×

Cash Flow & Capital Efficiency

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

Metric
GLPI
GLPI
KNF
KNF
Operating Cash FlowLast quarter
$195.9M
Free Cash FlowOCF − Capex
$138.2M
FCF MarginFCF / Revenue
18.3%
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
6.12×
TTM Free Cash FlowTrailing 4 quarters
$-69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
$1.1B
$195.9M
Q3 25
$240.3M
$250.4M
Q2 25
$293.4M
$-42.6M
Q1 25
$252.5M
$-125.3M
Q4 24
$1.1B
$172.4M
Q3 24
$270.4M
$239.7M
Q2 24
$252.1M
$-46.6M
Free Cash Flow
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
$138.2M
Q3 25
$183.0M
$188.7M
Q2 25
$272.3M
$-196.2M
Q1 25
$239.6M
$-200.2M
Q4 24
$1.1B
$127.2M
Q3 24
$261.5M
$216.1M
Q2 24
$245.0M
$-106.5M
FCF Margin
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
18.3%
Q3 25
46.0%
15.7%
Q2 25
69.0%
-23.5%
Q1 25
60.6%
-56.6%
Q4 24
275.3%
19.3%
Q3 24
67.9%
19.6%
Q2 24
64.4%
-13.2%
Capex Intensity
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
7.6%
Q3 25
14.4%
5.1%
Q2 25
5.3%
18.4%
Q1 25
3.3%
21.2%
Q4 24
0.0%
6.9%
Q3 24
2.3%
2.1%
Q2 24
1.9%
7.4%
Cash Conversion
GLPI
GLPI
KNF
KNF
Q1 26
Q4 25
4.10×
6.12×
Q3 25
1.00×
1.75×
Q2 25
1.94×
-0.84×
Q1 25
1.53×
Q4 24
4.80×
7.41×
Q3 24
1.46×
1.62×
Q2 24
1.21×
-0.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLPI
GLPI

Segment breakdown not available.

KNF
KNF

Services$347.2M46%
Ready Mix Concrete$88.4M12%
Contracting Services Public Sector$80.2M11%
Aggregates$73.9M10%
Energy Services Segment$56.2M7%
Liquid Asphalt$49.1M7%
Other$43.2M6%
Asphalt$22.7M3%

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