Gaming and Leisure Properties, Inc. (GLPI) financial statements (2023 and earlier)

Company profile

Business Address 845 BERKSHIRE BLVD, SUITE 200
WYOMISSING, PA 19610
State of Incorp. PA
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  2726293742
Cash and cash equivalents  2726293742
Prepaid expense      8
Other current assets      58
Total current assets:  27262937108
Noncurrent Assets
Operating lease, right-of-use asset852769839
Property, plant and equipment138194101108119130
Intangible assets, net (including goodwill)  2626858585
Goodwill  1616767676
Intangible assets, net (excluding goodwill)  1010101010
Regulated entity, other noncurrent assets    385131
Deferred costs35362923231818
Deferred income tax assets 66
Total noncurrent assets:899891993149254274264
Other undisclosed assets9,7918,1437,4148,4026,9637,0592,076
TOTAL ASSETS:10,6909,0348,4348,5777,2477,3692,448
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5     25
Taxes payable5     25
Debt     00
Deferred compensation liability34322523231815
Other liabilities      18
Total current liabilities:39322523231857
Noncurrent Liabilities
Long-term debt and lease obligation     4,6652,510
Long-term debt, excluding current maturities     4,6652,510
Liabilities, other than long-term debt 00000108
Deferred revenue and credits  107
Deferred tax liabilities, net0000
Deferred income tax liabilities 00
Total noncurrent liabilities: 00004,6652,618
Other undisclosed liabilities7,2616,3276,3356,2894,76625326
Total liabilities:7,3006,3596,3606,3124,7894,9352,702
Stockholders' equity
Stockholders' equity attributable to parent3,1852,6752,0742,2662,4582,434(254)
Common stock2222221
Additional paid in capital4,9544,2853,9593,9533,9343,761935
Accumulated deficit(1,771)(1,612)(1,887)(1,689)(1,478)(1,329)(1,190)
Stockholders' equity attributable to noncontrolling interest205      
Total stockholders' equity:3,3902,6752,0742,2662,4582,434(254)
TOTAL LIABILITIES AND EQUITY:10,6909,0348,4348,5777,2477,3692,448

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,2161,1531,1531,056971828575
Revenue, net824828575
Operating lease, lease income1,1071,031 
Cost of revenue(339) (13)  (74)(9)
Cost of goods and services sold(53)    (74)(9)
Provision for loan, lease, and other losses  (13) 
Gross profit:8781,1531,1401,056971754566
Operating expenses(36)(344)(436)(462)(366)(348)(318)
Other undisclosed operating income  13  749
Operating income:842809717594606481257
Nonoperating expense(279)(300)(322)(249)(215)(184)(122)
Interest and debt expense(283)(18)(21)(3)(217)(186)(124)
Income from continuing operations before equity method investments, income taxes:27949137534117311111
Other undisclosed income from continuing operations before income taxes28318213217186124
Income from continuing operations before income taxes:562510396344390297136
Income tax expense(28)(4)(5)(5)(10)(8)(7)
Income before gain (loss) on sale of properties:534506391340381289128
Unusual or infrequent item, or both, net (gain) loss4     
Other undisclosed net loss(4)      
Net income:534506391340381289128
Net loss attributable to noncontrolling interest(0)      
Net income attributable to parent:534506391340381289128
Other undisclosed net loss available to common stockholders, basic(0)(1)(1)(0)(1)(1)(1)
Net income available to common stockholders, diluted:534505390339380289128

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:534506391340381289128
Comprehensive income:534506391340381289128
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)      
Comprehensive income, net of tax, attributable to parent:534506391340381289128

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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