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

Titan Machinery Inc. is the larger business by last-quarter revenue ($644.5M vs $420.0M, roughly 1.5× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 0.2%, a 56.8% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs -5.2%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs -13.0%).

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.

Titan Machinery, Inc. is one of the largest dealers of agricultural and construction equipment and claims to be the largest dealer for the CNH Industrial brands in the world. It is based in West Fargo, North Dakota and has locations throughout the Midwestern United States, Australia, Austria, Bulgaria, Germany, Romania and Ukraine. The company is publicly traded on NASDAQ using the symbol TITN. As of 2023, the company reported a total revenue of US$2.209 billion.

GLPI vs TITN — Head-to-Head

Bigger by revenue
TITN
TITN
1.5× larger
TITN
$644.5M
$420.0M
GLPI
Growing faster (revenue YoY)
GLPI
GLPI
+11.5% gap
GLPI
6.3%
-5.2%
TITN
Higher net margin
GLPI
GLPI
56.8% more per $
GLPI
57.0%
0.2%
TITN
Faster 2-yr revenue CAGR
GLPI
GLPI
Annualised
GLPI
5.0%
-13.0%
TITN

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
GLPI
GLPI
TITN
TITN
Revenue
$420.0M
$644.5M
Net Profit
$239.4M
$1.2M
Gross Margin
17.2%
Operating Margin
79.4%
1.6%
Net Margin
57.0%
0.2%
Revenue YoY
6.3%
-5.2%
Net Profit YoY
40.5%
-30.1%
EPS (diluted)
$0.05

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
TITN
TITN
Q1 26
$420.0M
Q4 25
$407.0M
$644.5M
Q3 25
$397.6M
$546.4M
Q2 25
$394.9M
$594.3M
Q1 25
$395.2M
$759.9M
Q4 24
$389.6M
$679.8M
Q3 24
$385.3M
$633.7M
Q2 24
$380.6M
$628.7M
Net Profit
GLPI
GLPI
TITN
TITN
Q1 26
$239.4M
Q4 25
$275.4M
$1.2M
Q3 25
$241.2M
$-6.0M
Q2 25
$151.4M
$-13.2M
Q1 25
$165.2M
$-43.8M
Q4 24
$223.6M
$1.7M
Q3 24
$184.7M
$-4.3M
Q2 24
$208.3M
$9.4M
Gross Margin
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
17.2%
Q3 25
17.1%
Q2 25
15.3%
Q1 25
6.7%
Q4 24
16.3%
Q3 24
17.7%
Q2 24
19.4%
Operating Margin
GLPI
GLPI
TITN
TITN
Q1 26
79.4%
Q4 25
89.3%
1.6%
Q3 25
84.8%
0.1%
Q2 25
61.3%
-1.0%
Q1 25
65.5%
-6.0%
Q4 24
79.1%
1.7%
Q3 24
70.4%
2.5%
Q2 24
77.1%
3.6%
Net Margin
GLPI
GLPI
TITN
TITN
Q1 26
57.0%
Q4 25
67.6%
0.2%
Q3 25
60.7%
-1.1%
Q2 25
38.4%
-2.2%
Q1 25
41.8%
-5.8%
Q4 24
57.4%
0.3%
Q3 24
47.9%
-0.7%
Q2 24
54.7%
1.5%
EPS (diluted)
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
$0.96
$0.05
Q3 25
$0.85
$-0.26
Q2 25
$0.54
$-0.58
Q1 25
$0.60
$-1.92
Q4 24
$0.79
$0.07
Q3 24
$0.67
$-0.19
Q2 24
$0.77
$0.41

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
TITN
TITN
Cash + ST InvestmentsLiquidity on hand
$274.5M
Total DebtLower is stronger
$176.6M
Stockholders' EquityBook value
$5.0B
$612.6M
Total Assets
$13.8B
$1.8B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
TITN
TITN
Q1 26
$274.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$560.8M
Q3 24
$560.8M
Q2 24
$560.8M
Total Debt
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
$7.2B
$176.6M
Q3 25
$7.2B
$164.5M
Q2 25
$6.9B
$165.3M
Q1 25
$6.9B
$168.7M
Q4 24
$7.7B
$140.6M
Q3 24
$7.4B
$126.6M
Q2 24
$6.6B
$119.3M
Stockholders' Equity
GLPI
GLPI
TITN
TITN
Q1 26
$5.0B
Q4 25
$4.6B
$612.6M
Q3 25
$4.6B
$610.3M
Q2 25
$4.6B
$605.4M
Q1 25
$4.2B
$614.1M
Q4 24
$4.3B
$668.2M
Q3 24
$4.3B
$659.6M
Q2 24
$4.1B
$662.6M
Total Assets
GLPI
GLPI
TITN
TITN
Q1 26
$13.8B
Q4 25
$12.9B
$1.8B
Q3 25
$12.8B
$1.9B
Q2 25
$12.5B
$1.8B
Q1 25
$12.1B
$1.8B
Q4 24
$13.1B
$2.1B
Q3 24
$12.7B
$2.2B
Q2 24
$11.8B
$2.1B
Debt / Equity
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
1.56×
0.29×
Q3 25
1.57×
0.27×
Q2 25
1.51×
0.27×
Q1 25
1.63×
0.27×
Q4 24
1.81×
0.21×
Q3 24
1.74×
0.19×
Q2 24
1.60×
0.18×

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
TITN
TITN
Operating Cash FlowLast quarter
$34.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
28.37×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
$1.1B
$34.0M
Q3 25
$240.3M
$43.7M
Q2 25
$293.4M
$6.2M
Q1 25
$252.5M
$126.5M
Q4 24
$1.1B
$-8.8M
Q3 24
$270.4M
$-15.0M
Q2 24
$252.1M
$-32.4M
Free Cash Flow
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
Q3 25
$183.0M
Q2 25
$272.3M
Q1 25
$239.6M
Q4 24
$1.1B
Q3 24
$261.5M
Q2 24
$245.0M
FCF Margin
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
Q3 25
46.0%
Q2 25
69.0%
Q1 25
60.6%
Q4 24
275.3%
Q3 24
67.9%
Q2 24
64.4%
Capex Intensity
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
Q3 25
14.4%
Q2 25
5.3%
Q1 25
3.3%
Q4 24
0.0%
Q3 24
2.3%
Q2 24
1.9%
Cash Conversion
GLPI
GLPI
TITN
TITN
Q1 26
Q4 25
4.10×
28.37×
Q3 25
1.00×
Q2 25
1.94×
Q1 25
1.53×
Q4 24
4.80×
-5.15×
Q3 24
1.46×
Q2 24
1.21×
-3.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLPI
GLPI

Segment breakdown not available.

TITN
TITN

Agriculture Segment$420.9M65%
Sales Of Parts$122.3M19%
Service Sales$48.9M8%
Australia_segment$29.9M5%
Rental And Other$13.3M2%
Rental$10.3M2%
Other Revenue$1.1M0%

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