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

MATERION Corp is the larger business by last-quarter revenue ($549.8M vs $420.0M, roughly 1.3× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 3.5%, a 53.5% gap on every dollar of revenue. On growth, MATERION Corp posted the faster year-over-year revenue change (30.8% vs 6.3%). Over the past eight quarters, MATERION Corp's revenue compounded faster (13.6% 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.

Materion Corp. is a multinational company specializing in high-performance advanced materials. Among its products are advanced beryllium metals, thin film deposition materials, high-performance alloys and composites, specialty engineered beryllium, engineered metals, technical ceramics, tantalum, niobium, other precious and non-precious metals, inorganic chemicals, and specialty coatings.

GLPI vs MTRN — Head-to-Head

Bigger by revenue
MTRN
MTRN
1.3× larger
MTRN
$549.8M
$420.0M
GLPI
Growing faster (revenue YoY)
MTRN
MTRN
+24.5% gap
MTRN
30.8%
6.3%
GLPI
Higher net margin
GLPI
GLPI
53.5% more per $
GLPI
57.0%
3.5%
MTRN
Faster 2-yr revenue CAGR
MTRN
MTRN
Annualised
MTRN
13.6%
5.0%
GLPI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GLPI
GLPI
MTRN
MTRN
Revenue
$420.0M
$549.8M
Net Profit
$239.4M
$19.4M
Gross Margin
14.9%
Operating Margin
79.4%
5.1%
Net Margin
57.0%
3.5%
Revenue YoY
6.3%
30.8%
Net Profit YoY
40.5%
9.5%
EPS (diluted)

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
MTRN
MTRN
Q1 26
$420.0M
$549.8M
Q4 25
$407.0M
$489.8M
Q3 25
$397.6M
$444.8M
Q2 25
$394.9M
$431.7M
Q1 25
$395.2M
$420.3M
Q4 24
$389.6M
$436.9M
Q3 24
$385.3M
$436.7M
Q2 24
$380.6M
$425.9M
Net Profit
GLPI
GLPI
MTRN
MTRN
Q1 26
$239.4M
$19.4M
Q4 25
$275.4M
$6.6M
Q3 25
$241.2M
$25.4M
Q2 25
$151.4M
$25.1M
Q1 25
$165.2M
$17.7M
Q4 24
$223.6M
$-48.9M
Q3 24
$184.7M
$22.3M
Q2 24
$208.3M
$19.0M
Gross Margin
GLPI
GLPI
MTRN
MTRN
Q1 26
14.9%
Q4 25
13.0%
Q3 25
19.4%
Q2 25
19.1%
Q1 25
18.1%
Q4 24
21.3%
Q3 24
18.5%
Q2 24
19.0%
Operating Margin
GLPI
GLPI
MTRN
MTRN
Q1 26
79.4%
5.1%
Q4 25
89.3%
2.2%
Q3 25
84.8%
7.9%
Q2 25
61.3%
8.5%
Q1 25
65.5%
6.5%
Q4 24
79.1%
-8.8%
Q3 24
70.4%
7.2%
Q2 24
77.1%
7.5%
Net Margin
GLPI
GLPI
MTRN
MTRN
Q1 26
57.0%
3.5%
Q4 25
67.6%
1.3%
Q3 25
60.7%
5.7%
Q2 25
38.4%
5.8%
Q1 25
41.8%
4.2%
Q4 24
57.4%
-11.2%
Q3 24
47.9%
5.1%
Q2 24
54.7%
4.5%
EPS (diluted)
GLPI
GLPI
MTRN
MTRN
Q1 26
Q4 25
$0.96
$0.30
Q3 25
$0.85
$1.22
Q2 25
$0.54
$1.21
Q1 25
$0.60
$0.85
Q4 24
$0.79
$-2.34
Q3 24
$0.67
$1.07
Q2 24
$0.77
$0.91

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
MTRN
MTRN
Cash + ST InvestmentsLiquidity on hand
$274.5M
$16.2M
Total DebtLower is stronger
$489.9M
Stockholders' EquityBook value
$5.0B
$957.0M
Total Assets
$13.8B
$1.9B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
MTRN
MTRN
Q1 26
$274.5M
$16.2M
Q4 25
$13.7M
Q3 25
$16.4M
Q2 25
$12.6M
Q1 25
$15.6M
Q4 24
$560.8M
$16.7M
Q3 24
$560.8M
$17.9M
Q2 24
$560.8M
$17.1M
Total Debt
GLPI
GLPI
MTRN
MTRN
Q1 26
$489.9M
Q4 25
$7.2B
$460.6M
Q3 25
$7.2B
$458.9M
Q2 25
$6.9B
$427.6M
Q1 25
$6.9B
$453.0M
Q4 24
$7.7B
$443.9M
Q3 24
$7.4B
Q2 24
$6.6B
Stockholders' Equity
GLPI
GLPI
MTRN
MTRN
Q1 26
$5.0B
$957.0M
Q4 25
$4.6B
$943.3M
Q3 25
$4.6B
$934.6M
Q2 25
$4.6B
$910.6M
Q1 25
$4.2B
$887.9M
Q4 24
$4.3B
$868.9M
Q3 24
$4.3B
$931.9M
Q2 24
$4.1B
$907.1M
Total Assets
GLPI
GLPI
MTRN
MTRN
Q1 26
$13.8B
$1.9B
Q4 25
$12.9B
$1.8B
Q3 25
$12.8B
$1.8B
Q2 25
$12.5B
$1.7B
Q1 25
$12.1B
$1.8B
Q4 24
$13.1B
$1.7B
Q3 24
$12.7B
$1.9B
Q2 24
$11.8B
$1.8B
Debt / Equity
GLPI
GLPI
MTRN
MTRN
Q1 26
0.51×
Q4 25
1.56×
0.49×
Q3 25
1.57×
0.49×
Q2 25
1.51×
0.47×
Q1 25
1.63×
0.51×
Q4 24
1.81×
0.51×
Q3 24
1.74×
Q2 24
1.60×

Financial Flow Comparison

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

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