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Gaming & Leisure Properties, Inc.（GLPI）与Zeta Global Holdings Corp.（ZETA）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Zeta Global Holdings Corp.的1.1倍（$420.0M vs $394.6M），Gaming & Leisure Properties, Inc.净利率更高（57.0% vs 1.7%，领先55.3%），Zeta Global Holdings Corp.同比增速更快（25.4% vs 6.3%），过去两年Zeta Global Holdings Corp.的营收复合增速更高（42.3% 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。
Zeta Global Holdings Corp是一家2007年成立的美国营销科技企业，为各公司提供多渠道营销工具矩阵，核心业务围绕客户关系的构建、维护与价值变现展开。该公司于2021年6月10日在纽约证券交易所上市，上市时估值达17亿美元。
GLPI vs ZETA — 直观对比
营收规模更大
GLPI
是对方的1.1倍
$394.6M
营收增速更快
ZETA
高出19.1%
6.3%
净利率更高
GLPI
高出55.3%
1.7%
两年增速更快
ZETA
近两年复合增速
5.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $394.6M |
| 净利润 | $239.4M | $6.5M |
| 毛利率 | — | 59.5% |
| 营业利润率 | 79.4% | 4.5% |
| 净利率 | 57.0% | 1.7% |
| 营收同比 | 6.3% | 25.4% |
| 净利润同比 | 40.5% | -57.1% |
| 每股收益（稀释后） | — | $0.04 |
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GLPIZETA
| Q1 26 | $420.0M | — | ||
| Q4 25 | $407.0M | $394.6M | ||
| Q3 25 | $397.6M | $337.2M | ||
| Q2 25 | $394.9M | $308.4M | ||
| Q1 25 | $395.2M | $264.4M | ||
| Q4 24 | $389.6M | $314.7M | ||
| Q3 24 | $385.3M | $268.3M | ||
| Q2 24 | $380.6M | $227.8M |
净利润GLPIZETA
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $6.5M | ||
| Q3 25 | $241.2M | $-3.6M | ||
| Q2 25 | $151.4M | $-12.8M | ||
| Q1 25 | $165.2M | $-21.6M | ||
| Q4 24 | $223.6M | $15.2M | ||
| Q3 24 | $184.7M | $-17.4M | ||
| Q2 24 | $208.3M | $-28.1M |
毛利率GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | — | 59.5% | ||
| Q3 25 | — | 60.5% | ||
| Q2 25 | — | 62.1% | ||
| Q1 25 | — | 60.9% | ||
| Q4 24 | — | 60.0% | ||
| Q3 24 | — | 60.6% | ||
| Q2 24 | — | 60.0% |
营业利润率GLPIZETA
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 4.5% | ||
| Q3 25 | 84.8% | 2.6% | ||
| Q2 25 | 61.3% | -1.7% | ||
| Q1 25 | 65.5% | -6.1% | ||
| Q4 24 | 79.1% | 2.2% | ||
| Q3 24 | 70.4% | -4.6% | ||
| Q2 24 | 77.1% | -11.7% |
净利率GLPIZETA
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 1.7% | ||
| Q3 25 | 60.7% | -1.1% | ||
| Q2 25 | 38.4% | -4.2% | ||
| Q1 25 | 41.8% | -8.2% | ||
| Q4 24 | 57.4% | 4.8% | ||
| Q3 24 | 47.9% | -6.5% | ||
| Q2 24 | 54.7% | -12.3% |
每股收益（稀释后）GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $0.04 | ||
| Q3 25 | $0.85 | $-0.02 | ||
| Q2 25 | $0.54 | $-0.06 | ||
| Q1 25 | $0.60 | $-0.10 | ||
| Q4 24 | $0.79 | $0.10 | ||
| Q3 24 | $0.67 | $-0.09 | ||
| Q2 24 | $0.77 | $-0.16 |
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 | $319.8M |
| 总债务越低越好 | — | $197.1M |
| 股东权益账面价值 | $5.0B | $804.6M |
| 总资产 | $13.8B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资GLPIZETA
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $319.8M | ||
| Q3 25 | — | $385.2M | ||
| Q2 25 | — | $365.3M | ||
| Q1 25 | — | $364.4M | ||
| Q4 24 | $560.8M | $366.2M | ||
| Q3 24 | $560.8M | $418.5M | ||
| Q2 24 | $560.8M | $154.7M |
总债务GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | $197.1M | ||
| Q3 25 | $7.2B | $196.9M | ||
| Q2 25 | $6.9B | $196.7M | ||
| Q1 25 | $6.9B | $196.5M | ||
| Q4 24 | $7.7B | $196.3M | ||
| Q3 24 | $7.4B | $196.1M | ||
| Q2 24 | $6.6B | $184.4M |
股东权益GLPIZETA
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $804.6M | ||
| Q3 25 | $4.6B | $689.2M | ||
| Q2 25 | $4.6B | $673.3M | ||
| Q1 25 | $4.2B | $676.6M | ||
| Q4 24 | $4.3B | $676.8M | ||
| Q3 24 | $4.3B | $474.9M | ||
| Q2 24 | $4.1B | $217.0M |
总资产GLPIZETA
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $1.5B | ||
| Q3 25 | $12.8B | $1.2B | ||
| Q2 25 | $12.5B | $1.1B | ||
| Q1 25 | $12.1B | $1.1B | ||
| Q4 24 | $13.1B | $1.1B | ||
| Q3 24 | $12.7B | $869.1M | ||
| Q2 24 | $11.8B | $583.9M |
负债/权益比GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 0.24× | ||
| Q3 25 | 1.57× | 0.29× | ||
| Q2 25 | 1.51× | 0.29× | ||
| Q1 25 | 1.63× | 0.29× | ||
| Q4 24 | 1.81× | 0.29× | ||
| Q3 24 | 1.74× | 0.41× | ||
| Q2 24 | 1.60× | 0.85× |
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 | — | $64.1M |
| 自由现金流经营现金流 - 资本支出 | — | $60.9M |
| 自由现金流率自由现金流/营收 | — | 15.4% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 9.81× |
| 过去12个月自由现金流最近4个季度 | — | $185.1M |
8季度趋势，按日历期对齐
经营现金流GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $64.1M | ||
| Q3 25 | $240.3M | $57.9M | ||
| Q2 25 | $293.4M | $42.0M | ||
| Q1 25 | $252.5M | $34.8M | ||
| Q4 24 | $1.1B | $43.7M | ||
| Q3 24 | $270.4M | $34.4M | ||
| Q2 24 | $252.1M | $31.1M |
自由现金流GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | — | $60.9M | ||
| Q3 25 | $183.0M | $52.4M | ||
| Q2 25 | $272.3M | $39.7M | ||
| Q1 25 | $239.6M | $32.1M | ||
| Q4 24 | $1.1B | $35.4M | ||
| Q3 24 | $261.5M | $29.5M | ||
| Q2 24 | $245.0M | $24.4M |
自由现金流率GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | — | 15.4% | ||
| Q3 25 | 46.0% | 15.6% | ||
| Q2 25 | 69.0% | 12.9% | ||
| Q1 25 | 60.6% | 12.1% | ||
| Q4 24 | 275.3% | 11.3% | ||
| Q3 24 | 67.9% | 11.0% | ||
| Q2 24 | 64.4% | 10.7% |
资本支出强度GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | — | 0.8% | ||
| Q3 25 | 14.4% | 1.6% | ||
| Q2 25 | 5.3% | 0.8% | ||
| Q1 25 | 3.3% | 1.0% | ||
| Q4 24 | 0.0% | 2.6% | ||
| Q3 24 | 2.3% | 1.8% | ||
| Q2 24 | 1.9% | 3.0% |
现金转化率GLPIZETA
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 9.81× | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.94× | — | ||
| Q1 25 | 1.53× | — | ||
| Q4 24 | 4.80× | 2.87× | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | 1.21× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
