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Gaming & Leisure Properties, Inc.（GLPI）与Regency Centers（REG）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Regency Centers的1.0倍（$420.0M vs $404.2M），Gaming & Leisure Properties, Inc.净利率更高（57.0% vs 50.1%，领先6.9%），Regency Centers同比增速更快（8.5% vs 6.3%），过去两年Regency Centers的营收复合增速更高（5.4% 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。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
GLPI vs REG — 直观对比
营收规模更大
GLPI
是对方的1.0倍
$404.2M
营收增速更快
REG
高出2.2%
6.3%
净利率更高
GLPI
高出6.9%
50.1%
两年增速更快
REG
近两年复合增速
5.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $404.2M |
| 净利润 | $239.4M | $202.5M |
| 毛利率 | — | — |
| 营业利润率 | 79.4% | 71.0% |
| 净利率 | 57.0% | 50.1% |
| 营收同比 | 6.3% | 8.5% |
| 净利润同比 | 40.5% | 134.1% |
| 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GLPIREG
| Q1 26 | $420.0M | — | ||
| Q4 25 | $407.0M | $404.2M | ||
| Q3 25 | $397.6M | $387.6M | ||
| Q2 25 | $394.9M | $380.8M | ||
| Q1 25 | $395.2M | $380.9M | ||
| Q4 24 | $389.6M | $372.5M | ||
| Q3 24 | $385.3M | $360.3M | ||
| Q2 24 | $380.6M | $357.3M |
净利润GLPIREG
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $202.5M | ||
| Q3 25 | $241.2M | $109.4M | ||
| Q2 25 | $151.4M | $106.0M | ||
| Q1 25 | $165.2M | $109.6M | ||
| Q4 24 | $223.6M | $86.5M | ||
| Q3 24 | $184.7M | $101.5M | ||
| Q2 24 | $208.3M | $102.7M |
营业利润率GLPIREG
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 71.0% | ||
| Q3 25 | 84.8% | 72.7% | ||
| Q2 25 | 61.3% | 73.8% | ||
| Q1 25 | 65.5% | 71.8% | ||
| Q4 24 | 79.1% | 71.1% | ||
| Q3 24 | 70.4% | 72.5% | ||
| Q2 24 | 77.1% | 72.3% |
净利率GLPIREG
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 50.1% | ||
| Q3 25 | 60.7% | 28.2% | ||
| Q2 25 | 38.4% | 27.8% | ||
| Q1 25 | 41.8% | 28.8% | ||
| Q4 24 | 57.4% | 23.2% | ||
| Q3 24 | 47.9% | 28.2% | ||
| Q2 24 | 54.7% | 28.7% |
每股收益（稀释后）GLPIREG
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | — | ||
| Q3 25 | $0.85 | — | ||
| Q2 25 | $0.54 | — | ||
| Q1 25 | $0.60 | — | ||
| Q4 24 | $0.79 | — | ||
| Q3 24 | $0.67 | — | ||
| Q2 24 | $0.77 | — |
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 | — |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $5.0B | $6.9B |
| 总资产 | $13.8B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资GLPIREG
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $560.8M | — | ||
| Q3 24 | $560.8M | — | ||
| Q2 24 | $560.8M | — |
总债务GLPIREG
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | $4.7B | ||
| Q3 25 | $7.2B | $4.9B | ||
| Q2 25 | $6.9B | $4.8B | ||
| Q1 25 | $6.9B | $4.6B | ||
| Q4 24 | $7.7B | $4.4B | ||
| Q3 24 | $7.4B | $4.4B | ||
| Q2 24 | $6.6B | $4.4B |
股东权益GLPIREG
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $6.9B | ||
| Q3 25 | $4.6B | $6.8B | ||
| Q2 25 | $4.6B | $6.7B | ||
| Q1 25 | $4.2B | $6.7B | ||
| Q4 24 | $4.3B | $6.7B | ||
| Q3 24 | $4.3B | $6.8B | ||
| Q2 24 | $4.1B | $6.8B |
总资产GLPIREG
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $13.0B | ||
| Q3 25 | $12.8B | $13.1B | ||
| Q2 25 | $12.5B | $12.7B | ||
| Q1 25 | $12.1B | $12.6B | ||
| Q4 24 | $13.1B | $12.4B | ||
| Q3 24 | $12.7B | $12.4B | ||
| Q2 24 | $11.8B | $12.4B |
负债/权益比GLPIREG
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 0.69× | ||
| Q3 25 | 1.57× | 0.72× | ||
| Q2 25 | 1.51× | 0.72× | ||
| Q1 25 | 1.63× | 0.69× | ||
| Q4 24 | 1.81× | 0.66× | ||
| Q3 24 | 1.74× | 0.65× | ||
| Q2 24 | 1.60× | 0.64× |
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 | — | $203.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.01× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GLPIREG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $203.9M | ||
| Q3 25 | $240.3M | $218.7M | ||
| Q2 25 | $293.4M | $244.0M | ||
| Q1 25 | $252.5M | $161.0M | ||
| Q4 24 | $1.1B | $191.4M | ||
| Q3 24 | $270.4M | $227.6M | ||
| Q2 24 | $252.1M | $203.5M |
自由现金流GLPIREG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $183.0M | — | ||
| Q2 25 | $272.3M | — | ||
| Q1 25 | $239.6M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $261.5M | — | ||
| Q2 24 | $245.0M | — |
自由现金流率GLPIREG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 46.0% | — | ||
| Q2 25 | 69.0% | — | ||
| Q1 25 | 60.6% | — | ||
| Q4 24 | 275.3% | — | ||
| Q3 24 | 67.9% | — | ||
| Q2 24 | 64.4% | — |
资本支出强度GLPIREG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 14.4% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 2.3% | — | ||
| Q2 24 | 1.9% | — |
现金转化率GLPIREG
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 1.01× | ||
| Q3 25 | 1.00× | 2.00× | ||
| Q2 25 | 1.94× | 2.30× | ||
| Q1 25 | 1.53× | 1.47× | ||
| Q4 24 | 4.80× | 2.21× | ||
| Q3 24 | 1.46× | 2.24× | ||
| Q2 24 | 1.21× | 1.98× |
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
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
