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Gaming & Leisure Properties, Inc.（GLPI）与美世（MERC）财务数据对比。点击上方公司名可切换其他公司
美世的季度营收约是Gaming & Leisure Properties, Inc.的1.2倍（$489.3M vs $420.0M），Gaming & Leisure Properties, Inc.同比增速更快（6.3% vs -3.5%），过去两年Gaming & Leisure Properties, Inc.的营收复合增速更高（5.0% vs -1.0%）
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。
美世是1945年成立的美国咨询公司，为全球专业服务集团威达信的四大运营子公司之一，总部位于纽约，在43个国家设有办事处，业务覆盖130个国家，主要为客户提供人力资源与金融咨询服务。
GLPI vs MERC — 直观对比
营收规模更大
MERC
是对方的1.2倍
$420.0M
营收增速更快
GLPI
高出9.8%
-3.5%
两年增速更快
GLPI
近两年复合增速
-1.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $489.3M |
| 净利润 | $239.4M | — |
| 毛利率 | — | — |
| 营业利润率 | 79.4% | — |
| 净利率 | 57.0% | — |
| 营收同比 | 6.3% | -3.5% |
| 净利润同比 | 40.5% | — |
| 每股收益（稀释后） | — | — |
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GLPIMERC
| Q1 26 | $420.0M | $489.3M | ||
| Q4 25 | $407.0M | $449.5M | ||
| Q3 25 | $397.6M | $458.1M | ||
| Q2 25 | $394.9M | $453.5M | ||
| Q1 25 | $395.2M | $507.0M | ||
| Q4 24 | $389.6M | $488.4M | ||
| Q3 24 | $385.3M | $502.1M | ||
| Q2 24 | $380.6M | $499.4M |
净利润GLPIMERC
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $-308.7M | ||
| Q3 25 | $241.2M | $-80.8M | ||
| Q2 25 | $151.4M | $-86.1M | ||
| Q1 25 | $165.2M | $-22.3M | ||
| Q4 24 | $223.6M | $16.7M | ||
| Q3 24 | $184.7M | $-17.6M | ||
| Q2 24 | $208.3M | $-67.6M |
营业利润率GLPIMERC
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | -62.0% | ||
| Q3 25 | 84.8% | -14.8% | ||
| Q2 25 | 61.3% | -12.9% | ||
| Q1 25 | 65.5% | 1.3% | ||
| Q4 24 | 79.1% | 10.3% | ||
| Q3 24 | 70.4% | 1.8% | ||
| Q2 24 | 77.1% | -8.8% |
净利率GLPIMERC
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | -68.7% | ||
| Q3 25 | 60.7% | -17.6% | ||
| Q2 25 | 38.4% | -19.0% | ||
| Q1 25 | 41.8% | -4.4% | ||
| Q4 24 | 57.4% | 3.4% | ||
| Q3 24 | 47.9% | -3.5% | ||
| Q2 24 | 54.7% | -13.5% |
每股收益（稀释后）GLPIMERC
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $-4.61 | ||
| Q3 25 | $0.85 | $-1.21 | ||
| Q2 25 | $0.54 | $-1.29 | ||
| Q1 25 | $0.60 | $-0.33 | ||
| Q4 24 | $0.79 | $0.25 | ||
| Q3 24 | $0.67 | $-0.26 | ||
| Q2 24 | $0.77 | $-1.01 |
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 | $84.5M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $5.0B | — |
| 总资产 | $13.8B | $2.0B |
| 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GLPIMERC
| Q1 26 | $274.5M | $84.5M | ||
| Q4 25 | — | $186.8M | ||
| Q3 25 | — | $98.1M | ||
| Q2 25 | — | $146.5M | ||
| Q1 25 | — | $181.5M | ||
| Q4 24 | $560.8M | $184.9M | ||
| Q3 24 | $560.8M | $239.0M | ||
| Q2 24 | $560.8M | $263.2M |
总债务GLPIMERC
| Q1 26 | — | $1.5B | ||
| Q4 25 | $7.2B | $1.6B | ||
| Q3 25 | $7.2B | $1.5B | ||
| Q2 25 | $6.9B | $1.5B | ||
| Q1 25 | $6.9B | $1.5B | ||
| Q4 24 | $7.7B | $1.5B | ||
| Q3 24 | $7.4B | $1.6B | ||
| Q2 24 | $6.6B | $1.6B |
股东权益GLPIMERC
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $68.1M | ||
| Q3 25 | $4.6B | $359.5M | ||
| Q2 25 | $4.6B | $446.5M | ||
| Q1 25 | $4.2B | $437.4M | ||
| Q4 24 | $4.3B | $429.8M | ||
| Q3 24 | $4.3B | $516.8M | ||
| Q2 24 | $4.1B | $487.7M |
总资产GLPIMERC
| Q1 26 | $13.8B | $2.0B | ||
| Q4 25 | $12.9B | $2.0B | ||
| Q3 25 | $12.8B | $2.3B | ||
| Q2 25 | $12.5B | $2.4B | ||
| Q1 25 | $12.1B | $2.3B | ||
| Q4 24 | $13.1B | $2.3B | ||
| Q3 24 | $12.7B | $2.5B | ||
| Q2 24 | $11.8B | $2.5B |
负债/权益比GLPIMERC
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 23.58× | ||
| Q3 25 | 1.57× | 4.30× | ||
| Q2 25 | 1.51× | 3.42× | ||
| Q1 25 | 1.63× | 3.44× | ||
| Q4 24 | 1.81× | 3.43× | ||
| Q3 24 | 1.74× | 3.09× | ||
| Q2 24 | 1.60× | 3.22× |
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
MERC
| Pulp segment | $345.0M | 71% |
| Solid wood segment | $131.7M | 27% |
| Corporate and other | $12.6M | 3% |
