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Gaming & Leisure Properties, Inc.（GLPI）与哈雷戴维森（HOG）财务数据对比。点击上方公司名可切换其他公司
Gaming & Leisure Properties, Inc.的季度营收约是哈雷戴维森的1.1倍（$420.0M vs $390.5M），Gaming & Leisure Properties, Inc.净利率更高（57.0% vs -72.3%，领先129.3%），Gaming & Leisure Properties, Inc.同比增速更快（6.3% vs -9.4%），过去两年Gaming & Leisure Properties, Inc.的营收复合增速更高（5.0% vs -48.6%）
博彩与休闲地产公司（GLPI）是一家专注于赌场物业的房地产投资信托（REIT），总部位于宾夕法尼亚州怀奥米辛。公司于2013年11月从宾州国民娱乐分拆成立，目前持有62处赌场物业，全部对外出租给其他企业运营。
哈雷戴维森是源自美国的摩托车制造商与生活方式品牌，总部位于威斯康星州密尔沃基，创立于1903年。它是大萧条时期幸存下来的两大美国摩托车厂商之一，历经多次股权变动、子公司调整、经营困境与全球竞争，如今已是全球知名的标志性品牌。
GLPI vs HOG — 直观对比
营收规模更大
GLPI
是对方的1.1倍
$390.5M
营收增速更快
GLPI
高出15.6%
-9.4%
净利率更高
GLPI
高出129.3%
-72.3%
两年增速更快
GLPI
近两年复合增速
-48.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $390.5M |
| 净利润 | $239.4M | $-282.6M |
| 毛利率 | — | -7.9% |
| 营业利润率 | 79.4% | -92.4% |
| 净利率 | 57.0% | -72.3% |
| 营收同比 | 6.3% | -9.4% |
| 净利润同比 | 40.5% | -138.6% |
| 每股收益（稀释后） | — | $-2.27 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GLPIHOG
| Q1 26 | $420.0M | — | ||
| Q4 25 | $407.0M | $390.5M | ||
| Q3 25 | $397.6M | $1.1B | ||
| Q2 25 | $394.9M | $1.0B | ||
| Q1 25 | $395.2M | $1.1B | ||
| Q4 24 | $389.6M | $430.9M | ||
| Q3 24 | $385.3M | $881.2M | ||
| Q2 24 | $380.6M | $1.4B |
净利润GLPIHOG
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $-282.6M | ||
| Q3 25 | $241.2M | $377.4M | ||
| Q2 25 | $151.4M | $107.6M | ||
| Q1 25 | $165.2M | $133.1M | ||
| Q4 24 | $223.6M | $-118.4M | ||
| Q3 24 | $184.7M | $119.0M | ||
| Q2 24 | $208.3M | $218.3M |
毛利率GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | — | -7.9% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 28.5% | ||
| Q1 25 | — | 28.9% | ||
| Q4 24 | — | -2.0% | ||
| Q3 24 | — | 29.8% | ||
| Q2 24 | — | 31.8% |
营业利润率GLPIHOG
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | -92.4% | ||
| Q3 25 | 84.8% | 44.0% | ||
| Q2 25 | 61.3% | 10.7% | ||
| Q1 25 | 65.5% | 14.8% | ||
| Q4 24 | 79.1% | -44.9% | ||
| Q3 24 | 70.4% | 12.0% | ||
| Q2 24 | 77.1% | 17.8% |
净利率GLPIHOG
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | -72.3% | ||
| Q3 25 | 60.7% | 35.0% | ||
| Q2 25 | 38.4% | 10.2% | ||
| Q1 25 | 41.8% | 12.3% | ||
| Q4 24 | 57.4% | -27.5% | ||
| Q3 24 | 47.9% | 13.5% | ||
| Q2 24 | 54.7% | 16.1% |
每股收益（稀释后）GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $-2.27 | ||
| Q3 25 | $0.85 | $3.10 | ||
| Q2 25 | $0.54 | $0.88 | ||
| Q1 25 | $0.60 | $1.07 | ||
| Q4 24 | $0.79 | $-0.82 | ||
| Q3 24 | $0.67 | $0.91 | ||
| Q2 24 | $0.77 | $1.63 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $274.5M | $3.1B |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $5.0B | $3.1B |
| 总资产 | $13.8B | $8.0B |
| 负债/权益比越低杠杆越低 | — | 0.79× |
8季度趋势，按日历期对齐
现金及短期投资GLPIHOG
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | $560.8M | $1.6B | ||
| Q3 24 | $560.8M | $2.2B | ||
| Q2 24 | $560.8M | $1.8B |
总债务GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | $2.5B | ||
| Q3 25 | $7.2B | $4.5B | ||
| Q2 25 | $6.9B | $6.4B | ||
| Q1 25 | $6.9B | $6.8B | ||
| Q4 24 | $7.7B | $6.3B | ||
| Q3 24 | $7.4B | $7.3B | ||
| Q2 24 | $6.6B | $7.0B |
股东权益GLPIHOG
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $3.1B | ||
| Q3 25 | $4.6B | $3.6B | ||
| Q2 25 | $4.6B | $3.3B | ||
| Q1 25 | $4.2B | $3.2B | ||
| Q4 24 | $4.3B | $3.2B | ||
| Q3 24 | $4.3B | $3.4B | ||
| Q2 24 | $4.1B | $3.4B |
总资产GLPIHOG
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $8.0B | ||
| Q3 25 | $12.8B | $10.6B | ||
| Q2 25 | $12.5B | $12.1B | ||
| Q1 25 | $12.1B | $12.4B | ||
| Q4 24 | $13.1B | $11.9B | ||
| Q3 24 | $12.7B | $13.0B | ||
| Q2 24 | $11.8B | $12.8B |
负债/权益比GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 0.79× | ||
| Q3 25 | 1.57× | 1.25× | ||
| Q2 25 | 1.51× | 1.91× | ||
| Q1 25 | 1.63× | 2.14× | ||
| Q4 24 | 1.81× | 2.00× | ||
| Q3 24 | 1.74× | 2.13× | ||
| Q2 24 | 1.60× | 2.03× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $152.0M |
| 自由现金流经营现金流 - 资本支出 | — | $100.4M |
| 自由现金流率自由现金流/营收 | — | 25.7% |
| 资本支出强度资本支出/营收 | — | 13.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $415.2M |
8季度趋势，按日历期对齐
经营现金流GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $152.0M | ||
| Q3 25 | $240.3M | $-92.6M | ||
| Q2 25 | $293.4M | $368.0M | ||
| Q1 25 | $252.5M | $141.5M | ||
| Q4 24 | $1.1B | $133.2M | ||
| Q3 24 | $270.4M | $353.0M | ||
| Q2 24 | $252.1M | $473.6M |
自由现金流GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | — | $100.4M | ||
| Q3 25 | $183.0M | $-129.1M | ||
| Q2 25 | $272.3M | $332.4M | ||
| Q1 25 | $239.6M | $111.6M | ||
| Q4 24 | $1.1B | $77.0M | ||
| Q3 24 | $261.5M | $300.4M | ||
| Q2 24 | $245.0M | $432.2M |
自由现金流率GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | — | 25.7% | ||
| Q3 25 | 46.0% | -12.0% | ||
| Q2 25 | 69.0% | 31.7% | ||
| Q1 25 | 60.6% | 10.3% | ||
| Q4 24 | 275.3% | 17.9% | ||
| Q3 24 | 67.9% | 34.1% | ||
| Q2 24 | 64.4% | 31.9% |
资本支出强度GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | — | 13.2% | ||
| Q3 25 | 14.4% | 3.4% | ||
| Q2 25 | 5.3% | 3.4% | ||
| Q1 25 | 3.3% | 2.8% | ||
| Q4 24 | 0.0% | 13.0% | ||
| Q3 24 | 2.3% | 6.0% | ||
| Q2 24 | 1.9% | 3.1% |
现金转化率GLPIHOG
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | — | ||
| Q3 25 | 1.00× | -0.25× | ||
| Q2 25 | 1.94× | 3.42× | ||
| Q1 25 | 1.53× | 1.06× | ||
| Q4 24 | 4.80× | — | ||
| Q3 24 | 1.46× | 2.97× | ||
| Q2 24 | 1.21× | 2.17× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GLPI
暂无分部数据
HOG
| Motorcycles | $193.9M | 50% |
| Other | $63.8M | 16% |
| Other Income Financial Services | $59.8M | 15% |
| Apparel | $47.2M | 12% |
| Livewire Segment | $11.4M | 3% |
