vs

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

Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $420.0M, roughly 1.9× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 2.1%, a 54.9% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 6.3%). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% 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.

Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.

GLPI vs ROAD — Head-to-Head

Bigger by revenue
ROAD
ROAD
1.9× larger
ROAD
$809.5M
$420.0M
GLPI
Growing faster (revenue YoY)
ROAD
ROAD
+37.9% gap
ROAD
44.1%
6.3%
GLPI
Higher net margin
GLPI
GLPI
54.9% more per $
GLPI
57.0%
2.1%
ROAD
Faster 2-yr revenue CAGR
ROAD
ROAD
Annualised
ROAD
47.6%
5.0%
GLPI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GLPI
GLPI
ROAD
ROAD
Revenue
$420.0M
$809.5M
Net Profit
$239.4M
$17.2M
Gross Margin
15.0%
Operating Margin
79.4%
6.2%
Net Margin
57.0%
2.1%
Revenue YoY
6.3%
44.1%
Net Profit YoY
40.5%
663.9%
EPS (diluted)
$0.31

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
ROAD
ROAD
Q1 26
$420.0M
Q4 25
$407.0M
$809.5M
Q3 25
$397.6M
$899.8M
Q2 25
$394.9M
$779.3M
Q1 25
$395.2M
$571.6M
Q4 24
$389.6M
$561.6M
Q3 24
$385.3M
$538.2M
Q2 24
$380.6M
$517.8M
Net Profit
GLPI
GLPI
ROAD
ROAD
Q1 26
$239.4M
Q4 25
$275.4M
$17.2M
Q3 25
$241.2M
$56.6M
Q2 25
$151.4M
$44.0M
Q1 25
$165.2M
$4.2M
Q4 24
$223.6M
$-3.1M
Q3 24
$184.7M
$29.3M
Q2 24
$208.3M
$30.9M
Gross Margin
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
15.0%
Q3 25
17.7%
Q2 25
16.9%
Q1 25
12.5%
Q4 24
13.6%
Q3 24
15.6%
Q2 24
16.1%
Operating Margin
GLPI
GLPI
ROAD
ROAD
Q1 26
79.4%
Q4 25
89.3%
6.2%
Q3 25
84.8%
11.2%
Q2 25
61.3%
10.6%
Q1 25
65.5%
4.8%
Q4 24
79.1%
2.5%
Q3 24
70.4%
8.5%
Q2 24
77.1%
8.8%
Net Margin
GLPI
GLPI
ROAD
ROAD
Q1 26
57.0%
Q4 25
67.6%
2.1%
Q3 25
60.7%
6.3%
Q2 25
38.4%
5.7%
Q1 25
41.8%
0.7%
Q4 24
57.4%
-0.5%
Q3 24
47.9%
5.4%
Q2 24
54.7%
6.0%
EPS (diluted)
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
$0.96
$0.31
Q3 25
$0.85
$1.03
Q2 25
$0.54
$0.79
Q1 25
$0.60
$0.08
Q4 24
$0.79
$-0.06
Q3 24
$0.67
$0.55
Q2 24
$0.77
$0.59

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
ROAD
ROAD
Cash + ST InvestmentsLiquidity on hand
$274.5M
$104.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$969.1M
Total Assets
$13.8B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
ROAD
ROAD
Q1 26
$274.5M
Q4 25
$104.1M
Q3 25
$156.1M
Q2 25
$114.3M
Q1 25
$101.9M
Q4 24
$560.8M
$132.5M
Q3 24
$560.8M
$74.7M
Q2 24
$560.8M
$56.3M
Total Debt
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
$7.2B
Q3 25
$7.2B
$1.6B
Q2 25
$6.9B
Q1 25
$6.9B
Q4 24
$7.7B
Q3 24
$7.4B
$515.0M
Q2 24
$6.6B
Stockholders' Equity
GLPI
GLPI
ROAD
ROAD
Q1 26
$5.0B
Q4 25
$4.6B
$969.1M
Q3 25
$4.6B
$912.0M
Q2 25
$4.6B
$853.3M
Q1 25
$4.2B
$807.9M
Q4 24
$4.3B
$811.1M
Q3 24
$4.3B
$573.7M
Q2 24
$4.1B
$552.9M
Total Assets
GLPI
GLPI
ROAD
ROAD
Q1 26
$13.8B
Q4 25
$12.9B
$3.4B
Q3 25
$12.8B
$3.2B
Q2 25
$12.5B
$2.9B
Q1 25
$12.1B
$2.8B
Q4 24
$13.1B
$2.6B
Q3 24
$12.7B
$1.5B
Q2 24
$11.8B
$1.4B
Debt / Equity
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
1.56×
Q3 25
1.57×
1.78×
Q2 25
1.51×
Q1 25
1.63×
Q4 24
1.81×
Q3 24
1.74×
0.90×
Q2 24
1.60×

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
ROAD
ROAD
Operating Cash FlowLast quarter
$82.6M
Free Cash FlowOCF − Capex
$47.1M
FCF MarginFCF / Revenue
5.8%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
4.80×
TTM Free Cash FlowTrailing 4 quarters
$186.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
$1.1B
$82.6M
Q3 25
$240.3M
$112.0M
Q2 25
$293.4M
$83.0M
Q1 25
$252.5M
$55.6M
Q4 24
$1.1B
$40.7M
Q3 24
$270.4M
$95.9M
Q2 24
$252.1M
$34.6M
Free Cash Flow
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
$47.1M
Q3 25
$183.0M
$78.9M
Q2 25
$272.3M
$46.4M
Q1 25
$239.6M
$14.2M
Q4 24
$1.1B
$13.8M
Q3 24
$261.5M
$78.4M
Q2 24
$245.0M
$19.7M
FCF Margin
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
5.8%
Q3 25
46.0%
8.8%
Q2 25
69.0%
5.9%
Q1 25
60.6%
2.5%
Q4 24
275.3%
2.5%
Q3 24
67.9%
14.6%
Q2 24
64.4%
3.8%
Capex Intensity
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
4.4%
Q3 25
14.4%
3.7%
Q2 25
5.3%
4.7%
Q1 25
3.3%
7.2%
Q4 24
0.0%
4.8%
Q3 24
2.3%
3.3%
Q2 24
1.9%
2.9%
Cash Conversion
GLPI
GLPI
ROAD
ROAD
Q1 26
Q4 25
4.10×
4.80×
Q3 25
1.00×
1.98×
Q2 25
1.94×
1.88×
Q1 25
1.53×
13.20×
Q4 24
4.80×
Q3 24
1.46×
3.27×
Q2 24
1.21×
1.12×

Financial Flow Comparison

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

Related Comparisons