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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.
Mid-America Apartment Communities is the larger business by last-quarter revenue ($553.7M vs $420.0M, roughly 1.3× Gaming & Leisure Properties, Inc.). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 6.3%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs 0.7%).
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.
Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
GLPI vs MAA — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $420.0M | $553.7M |
| Net Profit | $239.4M | — |
| Gross Margin | — | — |
| Operating Margin | 79.4% | — |
| Net Margin | 57.0% | — |
| Revenue YoY | 6.3% | 438.7% |
| Net Profit YoY | 40.5% | — |
| EPS (diluted) | — | $4.34 |
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 | $553.7M | ||
| Q4 25 | $407.0M | $555.6M | ||
| Q3 25 | $397.6M | $554.4M | ||
| Q2 25 | $394.9M | $549.9M | ||
| Q1 25 | $395.2M | $549.3M | ||
| Q4 24 | $389.6M | $549.8M | ||
| Q3 24 | $385.3M | $551.1M | ||
| Q2 24 | $380.6M | $546.4M |
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $57.6M | ||
| Q3 25 | $241.2M | $99.5M | ||
| Q2 25 | $151.4M | $108.1M | ||
| Q1 25 | $165.2M | $181.7M | ||
| Q4 24 | $223.6M | $166.6M | ||
| Q3 24 | $184.7M | $115.2M | ||
| Q2 24 | $208.3M | $102.0M |
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 10.4% | ||
| Q3 25 | 84.8% | 18.7% | ||
| Q2 25 | 61.3% | 20.2% | ||
| Q1 25 | 65.5% | 34.0% | ||
| Q4 24 | 79.1% | 31.3% | ||
| Q3 24 | 70.4% | 21.5% | ||
| Q2 24 | 77.1% | 19.3% |
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 10.4% | ||
| Q3 25 | 60.7% | 18.0% | ||
| Q2 25 | 38.4% | 19.7% | ||
| Q1 25 | 41.8% | 33.1% | ||
| Q4 24 | 57.4% | 30.3% | ||
| Q3 24 | 47.9% | 20.9% | ||
| Q2 24 | 54.7% | 18.7% |
| Q1 26 | — | $4.34 | ||
| Q4 25 | $0.96 | $0.48 | ||
| Q3 25 | $0.85 | $0.84 | ||
| Q2 25 | $0.54 | $0.92 | ||
| Q1 25 | $0.60 | $1.54 | ||
| Q4 24 | $0.79 | $1.43 | ||
| Q3 24 | $0.67 | $0.98 | ||
| Q2 24 | $0.77 | $0.86 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.0B | — |
| Total Assets | $13.8B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $60.3M | ||
| Q3 25 | — | $32.2M | ||
| Q2 25 | — | $54.5M | ||
| Q1 25 | — | $55.8M | ||
| Q4 24 | $560.8M | $43.0M | ||
| Q3 24 | $560.8M | $50.2M | ||
| Q2 24 | $560.8M | $62.8M |
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | — | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $6.9B | — | ||
| Q1 25 | $6.9B | — | ||
| Q4 24 | $7.7B | — | ||
| Q3 24 | $7.4B | — | ||
| Q2 24 | $6.6B | — |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $5.7B | ||
| Q3 25 | $4.6B | $5.8B | ||
| Q2 25 | $4.6B | $5.9B | ||
| Q1 25 | $4.2B | $5.9B | ||
| Q4 24 | $4.3B | $5.9B | ||
| Q3 24 | $4.3B | $5.9B | ||
| Q2 24 | $4.1B | $6.0B |
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $12.0B | ||
| Q3 25 | $12.8B | $11.9B | ||
| Q2 25 | $12.5B | $11.8B | ||
| Q1 25 | $12.1B | $11.8B | ||
| Q4 24 | $13.1B | $11.8B | ||
| Q3 24 | $12.7B | $11.8B | ||
| Q2 24 | $11.8B | $11.6B |
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | — | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 1.60× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLPI
Segment breakdown not available.
MAA
| Same Store Communities | $517.0M | 93% |
| Non-Same Store Communities | $22.1M | 4% |
| Lease-up/Development Communities | $7.7M | 1% |
| Commercial Property/Land | $7.0M | 1% |
