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Gaming and Leisure Properties GLPI Minority Interest In Operating Partnerships

Minority Interest In Operating Partnerships at other companies

Gaming and Leisure Properties logo
Gaming and Leisure PropertiesGLPI
$401.97M+6.0%
Equity Residential logo
Equity ResidentialEQR
$182.82M-9.8%
COPT Defense Properties logo
COPT Defense PropertiesCDP
$33.69M+2.9%
Easterly Government Properties logo
Easterly Government PropertiesDEA
$46.66M-28.1%
Empire State Realty Trust logo
Empire State Realty TrustESRT
$720.75M0.0%
Urban Edge Properties logo
Urban Edge PropertiesUE
$74.53M+10.8%

Other financials

Income statement

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Revenue$420.0M+6.3%
Gross profit$360.1M+7.0%
Operating income$333.3M+28.8%
Net income$231.8M+40.3%
EPS (diluted)$0.82+36.7%

Balance sheet

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Cash & equivalents$274.5M+62.6%
Total debt$8.4B+2.6%
Total equity$4.6B+10.0%
Total assets$13.8B+13.5%

Cash flow

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Operating cash flow$270.2M+7.0%
CapEx$111.5M+764%
Free cash flow$158.8M-33.7%

Valuation

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Market cap$12.84B-0.4%
Enterprise value$20.95B+2.4%
P/E14.4×-3.5×
P/S7.9×-0.3×

Profitability

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Gross margin100%0.0pp
Operating margin78.8%+5.8pp
Net margin55.1%+5.1pp
FCF margin45.9%-22.0pp

Returns & leverage

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Return on equity20.2%+1.6pp
Debt / equity1.8×-0.1×

Where this comes from

Reported directly by Gaming and Leisure Properties in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterestInOperatingPartnerships.

The source filing: Gaming and Leisure Properties’s 10-Q, filed April 23, 2026.

Filed
Apr 23, 2026, 4:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001575965-26-000048
Line itemMarch 31,2026December 31,2025
Common stock ($.01 par value, 500,000,000 shares authorized, 283,221,841 and 283,037,310 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively)2,8322,830
Additional paid-in capital6,611,1596,613,488
Accumulated deficit(1,980,009)(1,990,770)
Accumulated other comprehensive income881904
Total equity attributable to Gaming and Leisure Properties4,634,8634,626,452
Noncontrolling interests in GLPI's Operating Partnership (8,581,163 and 8,224,939 units outstanding at March 31, 2026 and December 31, 2025, respectively)401,966381,808
Total equity5,036,8295,008,260
Total liabilities and equity$13,765,406$12,909,609

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Gaming and Leisure Properties's minority interest in operating partnerships?
Gaming and Leisure Properties (GLPI) reported minority interest in operating partnerships of $401.97M in Q1 2026.
How has Gaming and Leisure Properties's minority interest in operating partnerships changed year-over-year?
Gaming and Leisure Properties's minority interest in operating partnerships increased by 6.0% year-over-year, from $379.32M to $401.97M.
What does minority interest in operating partnerships mean?
This represents the portion of equity in a consolidated operating partnership that is held by non-controlling partners. It reflects the economic interest of outside parties in the partnership's net assets and earnings. For a REIT like GLPI, this is critical for understanding the true ownership structure of the underlying real estate assets.

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