Company Information

  

Address: 845 BERKSHIRE BLVD, SUITE 200  
City: WYOMISSING 
State: PA 
Zip Code: 19610 
Telephone: 610-401-2900 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

GLPI is a self-administered and self-managed Pennsylvania REIT. The Company was formed from the 2013 tax-free spin-off of the real estate assets of Penn and was incorporated in Pennsylvania on February 13, 2013, as a wholly-owned subsidiary of Penn. On November 1, 2013, Penn contributed to GLPI, through a series of internal corporate restructurings, substantially all of the assets and liabilities associated with Penn's real property interests and real estate development business, as well as the assets and liabilities of Louisiana Casino Cruises, Inc. (d/b/a Hollywood Casino Baton Rouge) and Penn Cecil Maryland, Inc. (d/b/a Hollywood Casino Perryville), which are referred to as the "TRS Properties," and then spun-off GLPI to holders of Penn's common and preferred stock in a tax-free distribution (the "Spin-Off").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20171.810.63020.38
06/20171.810.62020.81
03/20171.780.62018.78
12/20161.600.60019.14
09/20161.390.60024.06
06/20161.220.56028.26
03/20161.070.56028.90
12/20151.080.54525.74

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.08Total Liab/Total Assets0.67
Net Inc/Total Assets0.04Total Liab/Inv Cap0.68
Net Inc/Inv Cap0.04Total Liab/Comm Equity1.31
Pretax Inc/Net Sales0.36Interest Coverage Ratio2.60
Net Inc/Net Sales0.35Curr Debt/EquityNA
Cash Flow/Net Sales0.62LTD/Equity1.92
SG&A/NetSales0.19Total Debt/Equity1.92
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick Ratio0.52
Inventory TurnoverNACurrent Ratio0.52
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work Cap-20.41Inv/Curr AssetsNA
Net Sales/PP&E6.94  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 244.51 243.39 242.71 238.80
Cost of Goods Sold 19.89 20.67 21.08 20.17
Selling & Admin Exps 43.29 41.60 43.37 41.48
Operating Income 152.70 152.70 150.01 148.86
Interest Exp 54.49 54.66 53.95 53.68
Pretax Income 98.70 98.53 96.52 95.66
Other Income 0.49 0.49 0.46 0.47
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 97.01 96.33 93.99 93.69

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 43.63 29.51 23.36 36.56
Receivables - Total NA NA NA NA
Inventories - Total NA NA NA NA
Total Current Assets 53.40 33.89 31.48 44.03
Net Property, Plant & Equipment 110.23 114.41 116.45 119.43
Total Assets 7,334.81 7,357.22 7,314.40 7,369.33
Liabilities        
Accounts Payable 152.81 95.08 130.55 84.62
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 152.81 95.08 130.55 84.62
Long-Term Debt 4,449.65 4,521.42 4,573.19 4,664.97
Total Liabilities 4,841.70 4,838.45 4,907.06 4,935.46
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 2.13 2.12 2.08 2.08
Retained Earnings -1,436.81 -1,399.68 -1,364.25 -1,328.94
Treasury Stock NA NA NA NA
Total Stockholders' Equity 2,493.10 2,518.77 2,407.34 2,433.87
Total Liabilities and Stockholders' Equity 7,334.81 7,357.22 7,314.40 7,369.33

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 196.86 107.55 184.69 108.93
Net Cash Provided by Investing Activities 18.66 -57.70 22.09 16.25
Net Cash Provided by Financing Activities -201.40 -43.70 -219.98 -113.98

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012210.6422.92--
12/2013235.4514.850.17
12/2014591.07138.811.58
12/2015575.05128.121.08
12/2016828.26289.301.60
Growth Rates40.8288.49--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17321197,56992.93




Report Date : 12/11/2017

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