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Gaming and Leisure Properties GLPI Provision for Credit Losses

Provision for Credit Losses at other companies

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EPR PropertiesEPR
$138K-86.2%
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Omega Healthcare InvestorsOHI
-$5.02M-5.2%
Essential Properties Realty Trust logo
Essential Properties Realty TrustEPRT
$2.64M+6,089%
LTC Properties logo
LTC PropertiesLTC
$27K-93.0%
Realty Income logo
Realty IncomeO
$7.26M+555%
Net Lease Office Properties logo
Net Lease Office PropertiesNLOP
$11.04M

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$12.75B-1.7%
Enterprise value$20.85B+1.6%
P/E14.3×-3.8×
P/S7.9×-0.4×

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:ProvisionForDoubtfulAccounts.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
General and administrative17,93818,713
Gains from dispositions of property(125)
Depreciation65,03765,012
Provision (benefit) for credit losses, net(10,137)39,246
Total operating expenses86,636136,401
Income from operations333,349258,834
Other income (expenses)
Interest expense(95,856)(97,272)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Gaming and Leisure Properties's provision for credit losses?
Gaming and Leisure Properties (GLPI) reported provision for credit losses of -$10.14M in Q1 2026.
How has Gaming and Leisure Properties's provision for credit losses changed year-over-year?
Gaming and Leisure Properties's provision for credit losses decreased by 125.8% year-over-year, from $39.25M to -$10.14M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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