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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and KRONOS WORLDWIDE INC (KRO). 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 $418.3M, roughly 1.0× KRONOS WORLDWIDE INC). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs -19.8%, a 76.8% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs -1.1%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs -6.5%).

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.

Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.

GLPI vs KRO — Head-to-Head

Bigger by revenue
GLPI
GLPI
1.0× larger
GLPI
$420.0M
$418.3M
KRO
Growing faster (revenue YoY)
GLPI
GLPI
+7.4% gap
GLPI
6.3%
-1.1%
KRO
Higher net margin
GLPI
GLPI
76.8% more per $
GLPI
57.0%
-19.8%
KRO
Faster 2-yr revenue CAGR
GLPI
GLPI
Annualised
GLPI
5.0%
-6.5%
KRO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GLPI
GLPI
KRO
KRO
Revenue
$420.0M
$418.3M
Net Profit
$239.4M
$-82.8M
Gross Margin
-0.9%
Operating Margin
79.4%
-15.1%
Net Margin
57.0%
-19.8%
Revenue YoY
6.3%
-1.1%
Net Profit YoY
40.5%
-527.3%
EPS (diluted)
$-0.72

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
KRO
KRO
Q1 26
$420.0M
Q4 25
$407.0M
$418.3M
Q3 25
$397.6M
$456.9M
Q2 25
$394.9M
$494.4M
Q1 25
$395.2M
$489.8M
Q4 24
$389.6M
$423.1M
Q3 24
$385.3M
$484.7M
Q2 24
$380.6M
$500.5M
Net Profit
GLPI
GLPI
KRO
KRO
Q1 26
$239.4M
Q4 25
$275.4M
$-82.8M
Q3 25
$241.2M
$-37.0M
Q2 25
$151.4M
$-9.2M
Q1 25
$165.2M
$18.1M
Q4 24
$223.6M
$-13.2M
Q3 24
$184.7M
$71.8M
Q2 24
$208.3M
$19.5M
Gross Margin
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
-0.9%
Q3 25
10.3%
Q2 25
12.7%
Q1 25
21.8%
Q4 24
20.4%
Q3 24
20.9%
Q2 24
20.0%
Operating Margin
GLPI
GLPI
KRO
KRO
Q1 26
79.4%
Q4 25
89.3%
-15.1%
Q3 25
84.8%
-4.2%
Q2 25
61.3%
1.5%
Q1 25
65.5%
7.8%
Q4 24
79.1%
6.8%
Q3 24
70.4%
8.0%
Q2 24
77.1%
7.2%
Net Margin
GLPI
GLPI
KRO
KRO
Q1 26
57.0%
Q4 25
67.6%
-19.8%
Q3 25
60.7%
-8.1%
Q2 25
38.4%
-1.9%
Q1 25
41.8%
3.7%
Q4 24
57.4%
-3.1%
Q3 24
47.9%
14.8%
Q2 24
54.7%
3.9%
EPS (diluted)
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
$0.96
$-0.72
Q3 25
$0.85
$-0.32
Q2 25
$0.54
$-0.08
Q1 25
$0.60
$0.16
Q4 24
$0.79
$-0.11
Q3 24
$0.67
$0.62
Q2 24
$0.77
$0.17

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
KRO
KRO
Cash + ST InvestmentsLiquidity on hand
$274.5M
$33.2M
Total DebtLower is stronger
$557.4M
Stockholders' EquityBook value
$5.0B
$751.1M
Total Assets
$13.8B
$1.8B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
KRO
KRO
Q1 26
$274.5M
Q4 25
$33.2M
Q3 25
$27.7M
Q2 25
$18.9M
Q1 25
$20.5M
Q4 24
$560.8M
$106.7M
Q3 24
$560.8M
$94.8M
Q2 24
$560.8M
$133.8M
Total Debt
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
$7.2B
$557.4M
Q3 25
$7.2B
$626.2M
Q2 25
$6.9B
$589.3M
Q1 25
$6.9B
$557.2M
Q4 24
$7.7B
$507.4M
Q3 24
$7.4B
$554.3M
Q2 24
$6.6B
$423.7M
Stockholders' Equity
GLPI
GLPI
KRO
KRO
Q1 26
$5.0B
Q4 25
$4.6B
$751.1M
Q3 25
$4.6B
$804.7M
Q2 25
$4.6B
$846.8M
Q1 25
$4.2B
$847.0M
Q4 24
$4.3B
$817.0M
Q3 24
$4.3B
$847.4M
Q2 24
$4.1B
$774.6M
Total Assets
GLPI
GLPI
KRO
KRO
Q1 26
$13.8B
Q4 25
$12.9B
$1.8B
Q3 25
$12.8B
$1.9B
Q2 25
$12.5B
$1.9B
Q1 25
$12.1B
$1.9B
Q4 24
$13.1B
$1.9B
Q3 24
$12.7B
$1.9B
Q2 24
$11.8B
$1.7B
Debt / Equity
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
1.56×
0.74×
Q3 25
1.57×
0.78×
Q2 25
1.51×
0.70×
Q1 25
1.63×
0.66×
Q4 24
1.81×
0.62×
Q3 24
1.74×
0.65×
Q2 24
1.60×
0.55×

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
KRO
KRO
Operating Cash FlowLast quarter
$92.1M
Free Cash FlowOCF − Capex
$81.9M
FCF MarginFCF / Revenue
19.6%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
$1.1B
$92.1M
Q3 25
$240.3M
$-7.9M
Q2 25
$293.4M
$20.7M
Q1 25
$252.5M
$-102.4M
Q4 24
$1.1B
$49.3M
Q3 24
$270.4M
$28.3M
Q2 24
$252.1M
$38.2M
Free Cash Flow
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
$81.9M
Q3 25
$183.0M
$-17.4M
Q2 25
$272.3M
$9.5M
Q1 25
$239.6M
$-114.4M
Q4 24
$1.1B
$37.0M
Q3 24
$261.5M
$19.2M
Q2 24
$245.0M
$34.8M
FCF Margin
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
19.6%
Q3 25
46.0%
-3.8%
Q2 25
69.0%
1.9%
Q1 25
60.6%
-23.4%
Q4 24
275.3%
8.7%
Q3 24
67.9%
4.0%
Q2 24
64.4%
7.0%
Capex Intensity
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
2.4%
Q3 25
14.4%
2.1%
Q2 25
5.3%
2.3%
Q1 25
3.3%
2.4%
Q4 24
0.0%
2.9%
Q3 24
2.3%
1.9%
Q2 24
1.9%
0.7%
Cash Conversion
GLPI
GLPI
KRO
KRO
Q1 26
Q4 25
4.10×
Q3 25
1.00×
Q2 25
1.94×
Q1 25
1.53×
-5.66×
Q4 24
4.80×
Q3 24
1.46×
0.39×
Q2 24
1.21×
1.96×

Financial Flow Comparison

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

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