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

Nordson Corporation is the larger business by last-quarter revenue ($751.8M vs $420.0M, roughly 1.8× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 20.2%, a 36.8% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 1.0%). Over the past eight quarters, Nordson Corporation's revenue compounded faster (9.0% 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.

Nordson Corporation is an American multinational corporation that designs and manufactures dispensing equipment for consumer and industrial adhesives, sealants and coatings. The company also manufactures equipment used in the testing and inspection of electronic components, technology-based systems for curing and surface treatment processes as well as medical devices and component technologies.

GLPI vs NDSN — Head-to-Head

Bigger by revenue
NDSN
NDSN
1.8× larger
NDSN
$751.8M
$420.0M
GLPI
Growing faster (revenue YoY)
GLPI
GLPI
+5.3% gap
GLPI
6.3%
1.0%
NDSN
Higher net margin
GLPI
GLPI
36.8% more per $
GLPI
57.0%
20.2%
NDSN
Faster 2-yr revenue CAGR
NDSN
NDSN
Annualised
NDSN
9.0%
5.0%
GLPI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GLPI
GLPI
NDSN
NDSN
Revenue
$420.0M
$751.8M
Net Profit
$239.4M
$151.6M
Gross Margin
56.3%
Operating Margin
79.4%
28.5%
Net Margin
57.0%
20.2%
Revenue YoY
6.3%
1.0%
Net Profit YoY
40.5%
24.1%
EPS (diluted)
$2.67

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
NDSN
NDSN
Q1 26
$420.0M
Q4 25
$407.0M
$751.8M
Q3 25
$397.6M
$741.5M
Q2 25
$394.9M
$682.9M
Q1 25
$395.2M
$615.4M
Q4 24
$389.6M
$744.5M
Q3 24
$385.3M
$661.6M
Q2 24
$380.6M
$650.6M
Net Profit
GLPI
GLPI
NDSN
NDSN
Q1 26
$239.4M
Q4 25
$275.4M
$151.6M
Q3 25
$241.2M
$125.8M
Q2 25
$151.4M
$112.4M
Q1 25
$165.2M
$94.7M
Q4 24
$223.6M
$122.2M
Q3 24
$184.7M
$117.3M
Q2 24
$208.3M
$118.2M
Gross Margin
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
56.3%
Q3 25
54.8%
Q2 25
54.7%
Q1 25
54.6%
Q4 24
54.1%
Q3 24
55.8%
Q2 24
56.2%
Operating Margin
GLPI
GLPI
NDSN
NDSN
Q1 26
79.4%
Q4 25
89.3%
28.5%
Q3 25
84.8%
25.3%
Q2 25
61.3%
24.7%
Q1 25
65.5%
22.9%
Q4 24
79.1%
24.0%
Q3 24
70.4%
25.3%
Q2 24
77.1%
25.9%
Net Margin
GLPI
GLPI
NDSN
NDSN
Q1 26
57.0%
Q4 25
67.6%
20.2%
Q3 25
60.7%
17.0%
Q2 25
38.4%
16.5%
Q1 25
41.8%
15.4%
Q4 24
57.4%
16.4%
Q3 24
47.9%
17.7%
Q2 24
54.7%
18.2%
EPS (diluted)
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
$0.96
$2.67
Q3 25
$0.85
$2.22
Q2 25
$0.54
$1.97
Q1 25
$0.60
$1.65
Q4 24
$0.79
$2.12
Q3 24
$0.67
$2.04
Q2 24
$0.77
$2.05

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
NDSN
NDSN
Cash + ST InvestmentsLiquidity on hand
$274.5M
$108.4M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$5.0B
$3.0B
Total Assets
$13.8B
$5.9B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
NDSN
NDSN
Q1 26
$274.5M
Q4 25
$108.4M
Q3 25
$147.8M
Q2 25
$130.2M
Q1 25
$130.4M
Q4 24
$560.8M
$116.0M
Q3 24
$560.8M
$165.3M
Q2 24
$560.8M
$125.4M
Total Debt
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
$7.2B
$2.0B
Q3 25
$7.2B
$2.1B
Q2 25
$6.9B
$2.2B
Q1 25
$6.9B
$2.2B
Q4 24
$7.7B
$2.2B
Q3 24
$7.4B
$1.5B
Q2 24
$6.6B
$1.5B
Stockholders' Equity
GLPI
GLPI
NDSN
NDSN
Q1 26
$5.0B
Q4 25
$4.6B
$3.0B
Q3 25
$4.6B
$3.0B
Q2 25
$4.6B
$3.0B
Q1 25
$4.2B
$2.9B
Q4 24
$4.3B
$2.9B
Q3 24
$4.3B
$2.9B
Q2 24
$4.1B
$2.8B
Total Assets
GLPI
GLPI
NDSN
NDSN
Q1 26
$13.8B
Q4 25
$12.9B
$5.9B
Q3 25
$12.8B
$6.0B
Q2 25
$12.5B
$6.1B
Q1 25
$12.1B
$5.9B
Q4 24
$13.1B
$6.0B
Q3 24
$12.7B
$5.2B
Q2 24
$11.8B
$5.2B
Debt / Equity
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
1.56×
0.66×
Q3 25
1.57×
0.71×
Q2 25
1.51×
0.74×
Q1 25
1.63×
0.75×
Q4 24
1.81×
0.75×
Q3 24
1.74×
0.52×
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
NDSN
NDSN
Operating Cash FlowLast quarter
$202.9M
Free Cash FlowOCF − Capex
$193.9M
FCF MarginFCF / Revenue
25.8%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$661.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
$1.1B
$202.9M
Q3 25
$240.3M
$238.0M
Q2 25
$293.4M
$119.2M
Q1 25
$252.5M
$159.1M
Q4 24
$1.1B
$96.4M
Q3 24
$270.4M
$164.8M
Q2 24
$252.1M
$122.6M
Free Cash Flow
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
$193.9M
Q3 25
$183.0M
$226.4M
Q2 25
$272.3M
$103.1M
Q1 25
$239.6M
$137.7M
Q4 24
$1.1B
$75.8M
Q3 24
$261.5M
$143.0M
Q2 24
$245.0M
$108.2M
FCF Margin
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
25.8%
Q3 25
46.0%
30.5%
Q2 25
69.0%
15.1%
Q1 25
60.6%
22.4%
Q4 24
275.3%
10.2%
Q3 24
67.9%
21.6%
Q2 24
64.4%
16.6%
Capex Intensity
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
1.2%
Q3 25
14.4%
1.6%
Q2 25
5.3%
2.3%
Q1 25
3.3%
3.5%
Q4 24
0.0%
2.8%
Q3 24
2.3%
3.3%
Q2 24
1.9%
2.2%
Cash Conversion
GLPI
GLPI
NDSN
NDSN
Q1 26
Q4 25
4.10×
1.34×
Q3 25
1.00×
1.89×
Q2 25
1.94×
1.06×
Q1 25
1.53×
1.68×
Q4 24
4.80×
0.79×
Q3 24
1.46×
1.41×
Q2 24
1.21×
1.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLPI
GLPI

Segment breakdown not available.

NDSN
NDSN

Advanced Technology Systems$624.5M83%
Other$127.3M17%

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