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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and OneWater Marine Inc. (ONEW). 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 $380.6M, roughly 1.1× OneWater Marine Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs -2.0%, a 59.0% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 1.3%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs -16.2%).
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.
OneWater Marine Inc. is a leading recreational marine retailer headquartered in the U.S. It sells new and pre-owned boats, yachts and marine parts, offers maintenance, repair and financing services, and serves individual and commercial leisure boating customers across North America through its extensive network of local dealerships.
GLPI vs ONEW — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $420.0M | $380.6M |
| Net Profit | $239.4M | $-7.7M |
| Gross Margin | — | 23.5% |
| Operating Margin | 79.4% | — |
| Net Margin | 57.0% | -2.0% |
| Revenue YoY | 6.3% | 1.3% |
| Net Profit YoY | 40.5% | — |
| EPS (diluted) | — | $-0.47 |
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 | $380.6M | ||
| Q4 25 | $407.0M | $380.6M | ||
| Q3 25 | $397.6M | $460.1M | ||
| Q2 25 | $394.9M | $552.9M | ||
| Q1 25 | $395.2M | $483.5M | ||
| Q4 24 | $389.6M | $375.8M | ||
| Q3 24 | $385.3M | $377.9M | ||
| Q2 24 | $380.6M | $542.4M |
| Q1 26 | $239.4M | $-7.7M | ||
| Q4 25 | $275.4M | $-7.7M | ||
| Q3 25 | $241.2M | $-113.0M | ||
| Q2 25 | $151.4M | $10.7M | ||
| Q1 25 | $165.2M | $-368.0K | ||
| Q4 24 | $223.6M | $-12.0M | ||
| Q3 24 | $184.7M | $-9.2M | ||
| Q2 24 | $208.3M | $14.7M |
| Q1 26 | — | 23.5% | ||
| Q4 25 | — | 23.5% | ||
| Q3 25 | — | 22.6% | ||
| Q2 25 | — | 23.3% | ||
| Q1 25 | — | 22.8% | ||
| Q4 24 | — | 22.4% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 24.4% |
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | -1.4% | ||
| Q3 25 | 84.8% | -28.3% | ||
| Q2 25 | 61.3% | 5.5% | ||
| Q1 25 | 65.5% | 3.4% | ||
| Q4 24 | 79.1% | -0.5% | ||
| Q3 24 | 70.4% | 1.2% | ||
| Q2 24 | 77.1% | 7.4% |
| Q1 26 | 57.0% | -2.0% | ||
| Q4 25 | 67.6% | -2.0% | ||
| Q3 25 | 60.7% | -24.5% | ||
| Q2 25 | 38.4% | 1.9% | ||
| Q1 25 | 41.8% | -0.1% | ||
| Q4 24 | 57.4% | -3.2% | ||
| Q3 24 | 47.9% | -2.4% | ||
| Q2 24 | 54.7% | 2.7% |
| Q1 26 | — | $-0.47 | ||
| Q4 25 | $0.96 | — | ||
| Q3 25 | $0.85 | — | ||
| Q2 25 | $0.54 | — | ||
| Q1 25 | $0.60 | — | ||
| Q4 24 | $0.79 | — | ||
| Q3 24 | $0.67 | — | ||
| Q2 24 | $0.77 | — |
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 | $277.5M |
| Total Assets | $13.8B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $560.8M | — | ||
| Q3 24 | $560.8M | — | ||
| Q2 24 | $560.8M | — |
| 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 | $277.5M | ||
| Q4 25 | $4.6B | $277.5M | ||
| Q3 25 | $4.6B | $285.0M | ||
| Q2 25 | $4.6B | $393.2M | ||
| Q1 25 | $4.2B | $381.6M | ||
| Q4 24 | $4.3B | $354.8M | ||
| Q3 24 | $4.3B | $360.8M | ||
| Q2 24 | $4.1B | $368.6M |
| Q1 26 | $13.8B | $1.4B | ||
| Q4 25 | $12.9B | $1.4B | ||
| Q3 25 | $12.8B | $1.4B | ||
| Q2 25 | $12.5B | $1.5B | ||
| Q1 25 | $12.1B | $1.6B | ||
| Q4 24 | $13.1B | $1.6B | ||
| Q3 24 | $12.7B | $1.6B | ||
| Q2 24 | $11.8B | $1.6B |
| 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.
ONEW
| New boat | $233.3M | 61% |
| Pre-owned boat | $70.4M | 19% |
| Service, parts & other | $68.0M | 18% |
| Finance & insurance income | $8.9M | 2% |
