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

STEPAN CO is the larger business by last-quarter revenue ($604.5M vs $420.0M, roughly 1.4× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 3.3%, a 53.7% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 1.9%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs 4.2%).

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.

Stepan Company is an American manufacturer of specialty chemicals headquartered in Northbrook, Illinois. The company was founded in 1932 by Alfred C. Stepan, Jr., and has approximately 2,000 employees. It is currently run by his grandson, F. Quinn Stepan, Jr. The company describes itself as the largest global merchant manufacturer of anionic surfactants, which are used to enhance the foaming and cleaning capabilities of detergents, shampoos, toothpastes, and cosmetics.

GLPI vs SCL — Head-to-Head

Bigger by revenue
SCL
SCL
1.4× larger
SCL
$604.5M
$420.0M
GLPI
Growing faster (revenue YoY)
GLPI
GLPI
+4.4% gap
GLPI
6.3%
1.9%
SCL
Higher net margin
GLPI
GLPI
53.7% more per $
GLPI
57.0%
3.3%
SCL
Faster 2-yr revenue CAGR
GLPI
GLPI
Annualised
GLPI
5.0%
4.2%
SCL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GLPI
GLPI
SCL
SCL
Revenue
$420.0M
$604.5M
Net Profit
$239.4M
$19.7M
Gross Margin
10.7%
Operating Margin
79.4%
4.7%
Net Margin
57.0%
3.3%
Revenue YoY
6.3%
1.9%
Net Profit YoY
40.5%
EPS (diluted)
$0.86

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
SCL
SCL
Q1 26
$420.0M
$604.5M
Q4 25
$407.0M
$553.9M
Q3 25
$397.6M
$590.3M
Q2 25
$394.9M
$594.7M
Q1 25
$395.2M
$593.3M
Q4 24
$389.6M
$525.6M
Q3 24
$385.3M
$546.8M
Q2 24
$380.6M
$556.4M
Net Profit
GLPI
GLPI
SCL
SCL
Q1 26
$239.4M
$19.7M
Q4 25
$275.4M
$5.0M
Q3 25
$241.2M
$10.8M
Q2 25
$151.4M
$11.3M
Q1 25
$165.2M
$19.7M
Q4 24
$223.6M
$3.4M
Q3 24
$184.7M
$23.6M
Q2 24
$208.3M
$9.5M
Gross Margin
GLPI
GLPI
SCL
SCL
Q1 26
10.7%
Q4 25
9.3%
Q3 25
12.0%
Q2 25
12.1%
Q1 25
12.7%
Q4 24
10.8%
Q3 24
13.8%
Q2 24
12.5%
Operating Margin
GLPI
GLPI
SCL
SCL
Q1 26
79.4%
4.7%
Q4 25
89.3%
1.9%
Q3 25
84.8%
3.7%
Q2 25
61.3%
3.0%
Q1 25
65.5%
4.8%
Q4 24
79.1%
1.5%
Q3 24
70.4%
4.4%
Q2 24
77.1%
3.4%
Net Margin
GLPI
GLPI
SCL
SCL
Q1 26
57.0%
3.3%
Q4 25
67.6%
0.9%
Q3 25
60.7%
1.8%
Q2 25
38.4%
1.9%
Q1 25
41.8%
3.3%
Q4 24
57.4%
0.6%
Q3 24
47.9%
4.3%
Q2 24
54.7%
1.7%
EPS (diluted)
GLPI
GLPI
SCL
SCL
Q1 26
$0.86
Q4 25
$0.96
$0.22
Q3 25
$0.85
$0.47
Q2 25
$0.54
$0.50
Q1 25
$0.60
$0.86
Q4 24
$0.79
$0.14
Q3 24
$0.67
$1.03
Q2 24
$0.77
$0.42

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
SCL
SCL
Cash + ST InvestmentsLiquidity on hand
$274.5M
Total DebtLower is stronger
$328.4M
Stockholders' EquityBook value
$5.0B
$1.2B
Total Assets
$13.8B
$2.3B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
SCL
SCL
Q1 26
$274.5M
Q4 25
$132.7M
Q3 25
$118.5M
Q2 25
$88.9M
Q1 25
$107.5M
Q4 24
$560.8M
$99.7M
Q3 24
$560.8M
$147.3M
Q2 24
$560.8M
$124.7M
Total Debt
GLPI
GLPI
SCL
SCL
Q1 26
$328.4M
Q4 25
$7.2B
$626.7M
Q3 25
$7.2B
$655.5M
Q2 25
$6.9B
$658.0M
Q1 25
$6.9B
$659.3M
Q4 24
$7.7B
$625.4M
Q3 24
$7.4B
$688.5M
Q2 24
$6.6B
$657.1M
Stockholders' Equity
GLPI
GLPI
SCL
SCL
Q1 26
$5.0B
$1.2B
Q4 25
$4.6B
$1.2B
Q3 25
$4.6B
$1.2B
Q2 25
$4.6B
$1.2B
Q1 25
$4.2B
$1.2B
Q4 24
$4.3B
$1.2B
Q3 24
$4.3B
$1.2B
Q2 24
$4.1B
$1.2B
Total Assets
GLPI
GLPI
SCL
SCL
Q1 26
$13.8B
$2.3B
Q4 25
$12.9B
$2.4B
Q3 25
$12.8B
$2.4B
Q2 25
$12.5B
$2.4B
Q1 25
$12.1B
$2.4B
Q4 24
$13.1B
$2.3B
Q3 24
$12.7B
$2.4B
Q2 24
$11.8B
$2.3B
Debt / Equity
GLPI
GLPI
SCL
SCL
Q1 26
0.28×
Q4 25
1.56×
0.50×
Q3 25
1.57×
0.53×
Q2 25
1.51×
0.53×
Q1 25
1.63×
0.55×
Q4 24
1.81×
0.53×
Q3 24
1.74×
0.56×
Q2 24
1.60×
0.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLPI
GLPI

Segment breakdown not available.

SCL
SCL

Surfactants$453.7M75%
Polymers$130.0M22%
Specialty Products$20.8M3%

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