Gaming & Leisure Properties (GLPI) Gross Margin (2012 - 2022)
Gaming & Leisure Properties (GLPI) posted Gross Margin of 100.0% for Q4 2022, little changed sequentially from 100.0% in Q3 2022, and up 166.0% YoY from 37.59% in Q4 2021.
Gaming & Leisure Properties (GLPI) Gross Margin (2012 - 2022) Analysis & Trends
Gaming & Leisure Properties has reported Gross Margin for 11 years, with the latest figure at 100.0% in Q4 2022.
- Quarterly Gross Margin rose 166.0% year-over-year to 100.0% in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 100.0% (up 436.0% YoY) and the FY2023 annual result came in at 100.0%, changed 0.0% from the prior year.
- Gross Margin was little changed at 100.0% in Q4 2022 per GLPI's latest filing, from 100.0% in the prior quarter.
- Over five years, Gross Margin peaked at 100.0% in Q1 2022 and troughed at 91.95% in Q1 2018.
- A 5-year average of 95.4% and a median of 94.06% in 2020 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2022: Gross Margin sank 519 bps in 2021, then surged 704 bps in 2022.
- Over 5 years, Gross Margin stood at 94.03% in 2018, then dropped by 0 bps to 93.78% in 2019, then gained by 1 bps to 94.28% in 2020, then gained by 4 bps to 98.34% in 2021, then grew by 2 bps to 100.0% in 2022.
- According to Business Quant data, Gross Margin over the past three periods registered 100.0%, 100.0%, and 100.0% for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 53.14% |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 98.79% |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | - |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 52.76% |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 98.12% |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 75.39% |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 16.66% |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 68.51% |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | - |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 19.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 100.00% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 100.00% |
| Mar 31, 2022 | 100.00% |
| Dec 31, 2021 | 99.56% |
| Sep 30, 2021 | 62.70% |
| Jun 30, 2021 | 92.96% |
| Mar 31, 2021 | 47.15% |
| Dec 31, 2020 | 94.28% |
| Sep 30, 2020 | 47.20% |
| Jun 30, 2020 | 98.15% |
| Mar 31, 2020 | 94.18% |
| Dec 31, 2019 | 93.78% |
| Sep 30, 2019 | 93.55% |
| Jun 30, 2019 | 93.37% |
| Mar 31, 2019 | 93.39% |
| Dec 31, 2018 | 74.57% |
| Sep 30, 2018 | 92.54% |
| Jun 30, 2018 | 91.97% |
| Mar 31, 2018 | 91.95% |