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Gaming & Leisure Properties, Inc.（GLPI）与MDU RESOURCES GROUP INC（MDU）财务数据对比。点击上方公司名可切换其他公司
MDU RESOURCES GROUP INC的季度营收约是Gaming & Leisure Properties, Inc.的1.2倍（$522.6M vs $420.0M），Gaming & Leisure Properties, Inc.净利率更高（57.0% vs 14.6%，领先42.4%），Gaming & Leisure Properties, Inc.同比增速更快（6.3% vs -1.6%），过去两年Gaming & Leisure Properties, Inc.的营收复合增速更高（5.0% vs -5.7%）
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。
MDU资源集团是一家总部位于美国北达科他州俾斯麦的企业，业务涵盖受监管的能源输送供应，以及公用事业相关的建筑材料与服务，业务范围覆盖美国48个州，是当地能源及基建服务领域的重要参与者。
GLPI vs MDU — 直观对比
营收规模更大
MDU
是对方的1.2倍
$420.0M
营收增速更快
GLPI
高出7.9%
-1.6%
净利率更高
GLPI
高出42.4%
14.6%
两年增速更快
GLPI
近两年复合增速
-5.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $522.6M |
| 净利润 | $239.4M | $76.3M |
| 毛利率 | — | — |
| 营业利润率 | 79.4% | 20.5% |
| 净利率 | 57.0% | 14.6% |
| 营收同比 | 6.3% | -1.6% |
| 净利润同比 | 40.5% | 38.4% |
| 每股收益（稀释后） | — | $0.37 |
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GLPIMDU
| Q1 26 | $420.0M | — | ||
| Q4 25 | $407.0M | $522.6M | ||
| Q3 25 | $397.6M | $313.6M | ||
| Q2 25 | $394.9M | $348.7M | ||
| Q1 25 | $395.2M | $678.0M | ||
| Q4 24 | $389.6M | $531.0M | ||
| Q3 24 | $385.3M | $290.7M | ||
| Q2 24 | $380.6M | $343.1M |
净利润GLPIMDU
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $76.3M | ||
| Q3 25 | $241.2M | $18.3M | ||
| Q2 25 | $151.4M | $13.8M | ||
| Q1 25 | $165.2M | $82.0M | ||
| Q4 24 | $223.6M | $55.2M | ||
| Q3 24 | $184.7M | $64.6M | ||
| Q2 24 | $208.3M | $60.4M |
营业利润率GLPIMDU
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 20.5% | ||
| Q3 25 | 84.8% | 12.7% | ||
| Q2 25 | 61.3% | 8.7% | ||
| Q1 25 | 65.5% | 16.6% | ||
| Q4 24 | 79.1% | 17.8% | ||
| Q3 24 | 70.4% | 12.0% | ||
| Q2 24 | 77.1% | 11.5% |
净利率GLPIMDU
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 14.6% | ||
| Q3 25 | 60.7% | 5.8% | ||
| Q2 25 | 38.4% | 4.0% | ||
| Q1 25 | 41.8% | 12.1% | ||
| Q4 24 | 57.4% | 10.4% | ||
| Q3 24 | 47.9% | 22.2% | ||
| Q2 24 | 54.7% | 17.6% |
每股收益（稀释后）GLPIMDU
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $0.37 | ||
| Q3 25 | $0.85 | $0.09 | ||
| Q2 25 | $0.54 | $0.07 | ||
| Q1 25 | $0.60 | $0.40 | ||
| Q4 24 | $0.79 | $0.26 | ||
| Q3 24 | $0.67 | $0.32 | ||
| Q2 24 | $0.77 | $0.30 |
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 | $28.2M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $5.0B | $2.8B |
| 总资产 | $13.8B | $7.6B |
| 负债/权益比越低杠杆越低 | — | 0.97× |
8季度趋势，按日历期对齐
现金及短期投资GLPIMDU
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $28.2M | ||
| Q3 25 | — | $75.9M | ||
| Q2 25 | — | $58.8M | ||
| Q1 25 | — | $59.5M | ||
| Q4 24 | $560.8M | $66.9M | ||
| Q3 24 | $560.8M | $88.3M | ||
| Q2 24 | $560.8M | $78.8M |
总债务GLPIMDU
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | $2.7B | ||
| Q3 25 | $7.2B | $2.4B | ||
| Q2 25 | $6.9B | $2.2B | ||
| Q1 25 | $6.9B | $2.2B | ||
| Q4 24 | $7.7B | $2.3B | ||
| Q3 24 | $7.4B | $2.3B | ||
| Q2 24 | $6.6B | $2.3B |
股东权益GLPIMDU
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $2.8B | ||
| Q3 25 | $4.6B | $2.7B | ||
| Q2 25 | $4.6B | $2.7B | ||
| Q1 25 | $4.2B | $2.7B | ||
| Q4 24 | $4.3B | $2.7B | ||
| Q3 24 | $4.3B | $3.1B | ||
| Q2 24 | $4.1B | $3.0B |
总资产GLPIMDU
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $7.6B | ||
| Q3 25 | $12.8B | $7.2B | ||
| Q2 25 | $12.5B | $6.9B | ||
| Q1 25 | $12.1B | $7.0B | ||
| Q4 24 | $13.1B | $7.0B | ||
| Q3 24 | $12.7B | $8.2B | ||
| Q2 24 | $11.8B | $8.0B |
负债/权益比GLPIMDU
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 0.97× | ||
| Q3 25 | 1.57× | 0.86× | ||
| Q2 25 | 1.51× | 0.80× | ||
| Q1 25 | 1.63× | 0.80× | ||
| Q4 24 | 1.81× | 0.85× | ||
| Q3 24 | 1.74× | 0.76× | ||
| Q2 24 | 1.60× | 0.75× |
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 | — | $80.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-336.0M |
| 自由现金流率自由现金流/营收 | — | -64.3% |
| 资本支出强度资本支出/营收 | — | 79.7% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | — | $-297.0M |
8季度趋势，按日历期对齐
经营现金流GLPIMDU
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $80.6M | ||
| Q3 25 | $240.3M | $57.9M | ||
| Q2 25 | $293.4M | $117.4M | ||
| Q1 25 | $252.5M | $217.5M | ||
| Q4 24 | $1.1B | $60.5M | ||
| Q3 24 | $270.4M | $140.2M | ||
| Q2 24 | $252.1M | $136.5M |
自由现金流GLPIMDU
| Q1 26 | — | — | ||
| Q4 25 | — | $-336.0M | ||
| Q3 25 | $183.0M | $-121.9M | ||
| Q2 25 | $272.3M | $36.5M | ||
| Q1 25 | $239.6M | $124.4M | ||
| Q4 24 | $1.1B | $-95.8M | ||
| Q3 24 | $261.5M | $673.0K | ||
| Q2 24 | $245.0M | $26.5M |
自由现金流率GLPIMDU
| Q1 26 | — | — | ||
| Q4 25 | — | -64.3% | ||
| Q3 25 | 46.0% | -38.9% | ||
| Q2 25 | 69.0% | 10.5% | ||
| Q1 25 | 60.6% | 18.4% | ||
| Q4 24 | 275.3% | -18.0% | ||
| Q3 24 | 67.9% | 0.2% | ||
| Q2 24 | 64.4% | 7.7% |
资本支出强度GLPIMDU
| Q1 26 | — | — | ||
| Q4 25 | — | 79.7% | ||
| Q3 25 | 14.4% | 57.3% | ||
| Q2 25 | 5.3% | 23.2% | ||
| Q1 25 | 3.3% | 13.7% | ||
| Q4 24 | 0.0% | 29.4% | ||
| Q3 24 | 2.3% | 48.0% | ||
| Q2 24 | 1.9% | 32.0% |
现金转化率GLPIMDU
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 1.06× | ||
| Q3 25 | 1.00× | 3.16× | ||
| Q2 25 | 1.94× | 8.52× | ||
| Q1 25 | 1.53× | 2.65× | ||
| Q4 24 | 4.80× | 1.10× | ||
| Q3 24 | 1.46× | 2.17× | ||
| Q2 24 | 1.21× | 2.26× |
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
MDU
| Natural Gas Distribution | $382.8M | 73% |
| Commercial Utility Sales | $42.7M | 8% |
| Residential Utility Sales | $33.7M | 6% |
| Pipelineand Midstream | $31.1M | 6% |
| Natural Gas Transportation | $17.2M | 3% |
| Industrial Utility Sales | $10.1M | 2% |
| Natural Gas Storage | $6.4M | 1% |
| Other Utility Sales | $1.9M | 0% |
