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Gaming & Leisure Properties, Inc.（GLPI）与LAMAR ADVERTISING CO（LAMR）财务数据对比。点击上方公司名可切换其他公司
LAMAR ADVERTISING CO的季度营收约是Gaming & Leisure Properties, Inc.的1.4倍（$595.9M vs $420.0M）。Gaming & Leisure Properties, Inc.净利率更高（57.0% vs 25.6%，领先31.4%）。Gaming & Leisure Properties, Inc.同比增速更快（6.3% vs 2.8%）。过去两年LAMAR ADVERTISING CO的营收复合增速更高（9.4% vs 5.0%）
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。
拉马尔广告是一家知名户外广告服务商，1902年由查尔斯·W·拉马尔与J.M.科伊创立，总部位于美国路易斯安那州巴吞鲁日。公司业务覆盖美国与加拿大，在两地设有超200个运营网点，旗下在美国境内拥有超过36.3万个广告展示位，涵盖广告牌、标识标牌、公共交通展示载体等品类，2014年转型为房地产投资信托。
GLPI vs LAMR — 直观对比
营收规模更大
LAMR
是对方的1.4倍
$420.0M
营收增速更快
GLPI
高出3.5%
2.8%
净利率更高
GLPI
高出31.4%
25.6%
两年增速更快
LAMR
近两年复合增速
5.0%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $595.9M |
| 净利润 | $239.4M | $152.3M |
| 毛利率 | — | 67.7% |
| 营业利润率 | 79.4% | 32.9% |
| 净利率 | 57.0% | 25.6% |
| 营收同比 | 6.3% | 2.8% |
| 净利润同比 | 40.5% | 12801.3% |
| 每股收益（稀释后） | — | $1.50 |
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GLPILAMR
| Q1 26 | $420.0M | — | ||
| Q4 25 | $407.0M | $595.9M | ||
| Q3 25 | $397.6M | $585.5M | ||
| Q2 25 | $394.9M | $579.3M | ||
| Q1 25 | $395.2M | $505.4M | ||
| Q4 24 | $389.6M | $579.6M | ||
| Q3 24 | $385.3M | $564.1M | ||
| Q2 24 | $380.6M | $565.3M |
净利润GLPILAMR
| Q1 26 | $239.4M | — | ||
| Q4 25 | $267.3M | $152.3M | ||
| Q3 25 | $241.2M | $141.8M | ||
| Q2 25 | $151.4M | $154.4M | ||
| Q1 25 | $165.2M | $138.8M | ||
| Q4 24 | $217.2M | $-1.2M | ||
| Q3 24 | $184.7M | $147.5M | ||
| Q2 24 | $208.3M | $137.4M |
毛利率GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | — | 67.7% | ||
| Q3 25 | — | 67.9% | ||
| Q2 25 | — | 67.8% | ||
| Q1 25 | — | 64.4% | ||
| Q4 24 | — | 67.8% | ||
| Q3 24 | — | 67.6% | ||
| Q2 24 | — | 67.6% |
营业利润率GLPILAMR
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 32.9% | ||
| Q3 25 | 84.8% | 32.3% | ||
| Q2 25 | 61.3% | 34.1% | ||
| Q1 25 | 65.5% | 37.8% | ||
| Q4 24 | 79.1% | 6.3% | ||
| Q3 24 | 70.4% | 33.1% | ||
| Q2 24 | 77.1% | 32.6% |
净利率GLPILAMR
| Q1 26 | 57.0% | — | ||
| Q4 25 | 65.7% | 25.6% | ||
| Q3 25 | 60.7% | 24.2% | ||
| Q2 25 | 38.4% | 26.6% | ||
| Q1 25 | 41.8% | 27.5% | ||
| Q4 24 | 55.8% | -0.2% | ||
| Q3 24 | 47.9% | 26.1% | ||
| Q2 24 | 54.7% | 24.3% |
每股收益（稀释后）GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $1.50 | ||
| Q3 25 | $0.85 | $1.40 | ||
| Q2 25 | $0.54 | $1.52 | ||
| Q1 25 | $0.60 | $1.35 | ||
| Q4 24 | $0.79 | $-0.02 | ||
| Q3 24 | $0.67 | $1.44 | ||
| Q2 24 | $0.77 | $1.34 |
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 | $64.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.0B | $1.0B |
| 总资产 | $13.8B | $6.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GLPILAMR
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $64.8M | ||
| Q3 25 | — | $22.0M | ||
| Q2 25 | — | $55.7M | ||
| Q1 25 | — | $36.1M | ||
| Q4 24 | $560.8M | $49.5M | ||
| Q3 24 | $554.1M | $29.5M | ||
| Q2 24 | $347.8M | $77.9M |
总债务GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | — | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $6.9B | — | ||
| Q1 25 | $6.9B | — | ||
| Q4 24 | $7.7B | — | ||
| Q3 24 | $7.4B | — | ||
| Q2 24 | $6.6B | — |
股东权益GLPILAMR
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $1.0B | ||
| Q3 25 | $4.6B | $1.0B | ||
| Q2 25 | $4.6B | $906.9M | ||
| Q1 25 | $4.2B | $1.0B | ||
| Q4 24 | $4.3B | $1.0B | ||
| Q3 24 | $4.3B | $1.2B | ||
| Q2 24 | $4.1B | $1.2B |
总资产GLPILAMR
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $6.9B | ||
| Q3 25 | $12.8B | $6.8B | ||
| Q2 25 | $12.5B | $6.7B | ||
| Q1 25 | $12.1B | $6.5B | ||
| Q4 24 | $13.1B | $6.6B | ||
| Q3 24 | $12.7B | $6.5B | ||
| Q2 24 | $11.8B | $6.6B |
负债/权益比GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | — | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 1.60× | — |
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 | — | $271.2M |
| 自由现金流经营现金流 - 资本支出 | — | $208.3M |
| 自由现金流率自由现金流/营收 | — | 35.0% |
| 资本支出强度资本支出/营收 | — | 10.5% |
| 现金转化率经营现金流/净利润 | — | 1.78× |
| 过去12个月自由现金流最近4个季度 | — | $683.2M |
8季度趋势，按日历期对齐
经营现金流GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | $343.2M | $271.2M | ||
| Q3 25 | $240.3M | $235.7M | ||
| Q2 25 | $293.4M | $229.5M | ||
| Q1 25 | $252.5M | $127.7M | ||
| Q4 24 | $292.4M | $279.3M | ||
| Q3 24 | $270.4M | $227.4M | ||
| Q2 24 | $252.1M | $256.3M |
自由现金流GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | — | $208.3M | ||
| Q3 25 | $183.0M | $185.8M | ||
| Q2 25 | $272.3M | $191.3M | ||
| Q1 25 | $239.6M | $97.9M | ||
| Q4 24 | $276.6M | $236.3M | ||
| Q3 24 | $261.5M | $197.3M | ||
| Q2 24 | $245.0M | $233.7M |
自由现金流率GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | 46.0% | 31.7% | ||
| Q2 25 | 69.0% | 33.0% | ||
| Q1 25 | 60.6% | 19.4% | ||
| Q4 24 | 71.0% | 40.8% | ||
| Q3 24 | 67.9% | 35.0% | ||
| Q2 24 | 64.4% | 41.3% |
资本支出强度GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | — | 10.5% | ||
| Q3 25 | 14.4% | 8.5% | ||
| Q2 25 | 5.3% | 6.6% | ||
| Q1 25 | 3.3% | 5.9% | ||
| Q4 24 | 4.1% | 7.4% | ||
| Q3 24 | 2.3% | 5.3% | ||
| Q2 24 | 1.9% | 4.0% |
现金转化率GLPILAMR
| Q1 26 | — | — | ||
| Q4 25 | 1.28× | 1.78× | ||
| Q3 25 | 1.00× | 1.66× | ||
| Q2 25 | 1.94× | 1.49× | ||
| Q1 25 | 1.53× | 0.92× | ||
| Q4 24 | 1.35× | — | ||
| Q3 24 | 1.46× | 1.54× | ||
| Q2 24 | 1.21× | 1.87× |
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
LAMR
| Reportable Segment Aggregation Before Other Operating Segment | $531.9M | 89% |
| Transit Advertising | $42.0M | 7% |
| Logo Advertising | $22.1M | 4% |
