vs

Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and Xenia Hotels & Resorts, Inc. (XHR). 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 $295.4M, roughly 1.4× Xenia Hotels & Resorts, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 6.7%, a 50.3% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 2.2%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs 4.0%).

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.

Xenia Hotels & Resorts, Inc. is a real estate investment trust that invests in hotels. As of December 31, 2024, it owned 31 hotels comprising 9,408 rooms.

GLPI vs XHR — Head-to-Head

Bigger by revenue
GLPI
GLPI
1.4× larger
GLPI
$420.0M
$295.4M
XHR
Growing faster (revenue YoY)
GLPI
GLPI
+4.0% gap
GLPI
6.3%
2.2%
XHR
Higher net margin
GLPI
GLPI
50.3% more per $
GLPI
57.0%
6.7%
XHR
Faster 2-yr revenue CAGR
GLPI
GLPI
Annualised
GLPI
5.0%
4.0%
XHR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GLPI
GLPI
XHR
XHR
Revenue
$420.0M
$295.4M
Net Profit
$239.4M
$19.8M
Gross Margin
Operating Margin
79.4%
14.1%
Net Margin
57.0%
6.7%
Revenue YoY
6.3%
2.2%
Net Profit YoY
40.5%
26.9%
EPS (diluted)
$0.21

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
XHR
XHR
Q1 26
$420.0M
$295.4M
Q4 25
$407.0M
$265.6M
Q3 25
$397.6M
$236.4M
Q2 25
$394.9M
$287.6M
Q1 25
$395.2M
$288.9M
Q4 24
$389.6M
$261.8M
Q3 24
$385.3M
$236.8M
Q2 24
$380.6M
$272.9M
Net Profit
GLPI
GLPI
XHR
XHR
Q1 26
$239.4M
$19.8M
Q4 25
$275.4M
$6.1M
Q3 25
$241.2M
$-13.7M
Q2 25
$151.4M
$55.2M
Q1 25
$165.2M
$15.6M
Q4 24
$223.6M
$-638.0K
Q3 24
$184.7M
$-7.1M
Q2 24
$208.3M
$15.3M
Gross Margin
GLPI
GLPI
XHR
XHR
Q1 26
Q4 25
30.4%
Q3 25
25.1%
Q2 25
33.6%
Q1 25
32.3%
Q4 24
29.0%
Q3 24
25.8%
Q2 24
31.9%
Operating Margin
GLPI
GLPI
XHR
XHR
Q1 26
79.4%
14.1%
Q4 25
89.3%
10.1%
Q3 25
84.8%
2.0%
Q2 25
61.3%
14.0%
Q1 25
65.5%
12.4%
Q4 24
79.1%
8.2%
Q3 24
70.4%
3.2%
Q2 24
77.1%
11.1%
Net Margin
GLPI
GLPI
XHR
XHR
Q1 26
57.0%
6.7%
Q4 25
67.6%
2.3%
Q3 25
60.7%
-5.8%
Q2 25
38.4%
19.2%
Q1 25
41.8%
5.4%
Q4 24
57.4%
-0.2%
Q3 24
47.9%
-3.0%
Q2 24
54.7%
5.6%
EPS (diluted)
GLPI
GLPI
XHR
XHR
Q1 26
$0.21
Q4 25
$0.96
$0.07
Q3 25
$0.85
$-0.14
Q2 25
$0.54
$0.56
Q1 25
$0.60
$0.15
Q4 24
$0.79
$-0.01
Q3 24
$0.67
$-0.07
Q2 24
$0.77
$0.15

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
XHR
XHR
Cash + ST InvestmentsLiquidity on hand
$274.5M
$101.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$1.2B
Total Assets
$13.8B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
XHR
XHR
Q1 26
$274.5M
$101.1M
Q4 25
$140.4M
Q3 25
$188.2M
Q2 25
$172.6M
Q1 25
$112.6M
Q4 24
$560.8M
$78.2M
Q3 24
$560.8M
$161.5M
Q2 24
$560.8M
$143.6M
Total Debt
GLPI
GLPI
XHR
XHR
Q1 26
Q4 25
$7.2B
$1.4B
Q3 25
$7.2B
$1.4B
Q2 25
$6.9B
$1.4B
Q1 25
$6.9B
$1.4B
Q4 24
$7.7B
$1.3B
Q3 24
$7.4B
$1.4B
Q2 24
$6.6B
$1.4B
Stockholders' Equity
GLPI
GLPI
XHR
XHR
Q1 26
$5.0B
$1.2B
Q4 25
$4.6B
$1.1B
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
$1.3B
Q2 24
$4.1B
$1.3B
Total Assets
GLPI
GLPI
XHR
XHR
Q1 26
$13.8B
$2.8B
Q4 25
$12.9B
$2.8B
Q3 25
$12.8B
$2.9B
Q2 25
$12.5B
$2.9B
Q1 25
$12.1B
$2.9B
Q4 24
$13.1B
$2.8B
Q3 24
$12.7B
$2.9B
Q2 24
$11.8B
$2.9B
Debt / Equity
GLPI
GLPI
XHR
XHR
Q1 26
Q4 25
1.56×
1.25×
Q3 25
1.57×
1.21×
Q2 25
1.51×
1.17×
Q1 25
1.63×
1.18×
Q4 24
1.81×
1.07×
Q3 24
1.74×
1.11×
Q2 24
1.60×
1.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLPI
GLPI

Segment breakdown not available.

XHR
XHR

Rooms revenues$164.4M56%
Food and beverage revenues$105.0M36%
Other revenues$26.0M9%

Related Comparisons