Gaming and Leisure Properties, Inc. (GLPI) financial statements (2022 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)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 27 | 26 | 29 | 37 | 42 | 36 | |||
| Cash and cash equivalents | 27 | 26 | 29 | 37 | 42 | 36 | |||
| Prepaid expense | 8 | 8 | |||||||
| Other current assets | 58 | 45 | |||||||
| Total current assets: | 27 | 26 | 29 | 37 | 108 | 89 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 769 | 839 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 81 | 94 | 101 | 108 | 119 | 130 | 134 | ||
| Intangible assets, net (including goodwill) | 26 | 26 | 85 | 85 | 85 | 85 | |||
| Goodwill | 16 | 16 | 76 | 76 | 76 | 76 | |||
| Intangible assets, net (excluding goodwill) | 10 | 10 | 10 | 10 | 10 | 10 | |||
| Regulated entity, other noncurrent assets | 38 | 51 | 31 | ||||||
| Deferred costs | 36 | 29 | 23 | 23 | 18 | 18 | 53 | ||
| Deferred income tax assets | 6 | 6 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Total noncurrent assets: | 891 | 993 | 149 | 254 | 274 | 264 | 273 | ||
| Other undisclosed assets | 8,143 | 7,414 | 8,402 | 6,963 | 7,059 | 2,076 | 2,203 | ||
| TOTAL ASSETS: | 9,034 | 8,434 | 8,577 | 7,247 | 7,369 | 2,448 | 2,565 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 25 | 23 | |||||||
| Taxes payable | 25 | 23 | |||||||
| Debt | 0 | 0 | 0 | ||||||
| Deferred compensation liability | 32 | 25 | 23 | 23 | 18 | 15 | 14 | ||
| Other liabilities | 18 | 16 | |||||||
| Total current liabilities: | 32 | 25 | 23 | 23 | 18 | 57 | 53 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 4,665 | 2,510 | 2,609 | ||||||
| Long-term debt, excluding current maturities | 4,665 | 2,510 | 2,609 | ||||||
| Liabilities, other than long-term debt | 0 | 0 | 0 | 0 | 0 | 108 | 1 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 107 | |||||
| Deferred tax liabilities, net | ✕ | ✕ | 0 | 0 | 0 | 0 | 1 | ||
| Deferred income tax liabilities | 0 | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Total noncurrent liabilities: | 0 | 0 | 0 | 0 | 4,665 | 2,618 | 2,611 | ||
| Other undisclosed liabilities | 6,327 | 6,335 | 6,289 | 4,766 | 253 | 26 | 25 | ||
| Total liabilities: | 6,359 | 6,360 | 6,312 | 4,789 | 4,935 | 2,702 | 2,689 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 2,675 | 2,074 | 2,266 | 2,458 | 2,434 | (254) | (125) | ||
| Common stock | 2 | 2 | 2 | 2 | 2 | 1 | 1 | ||
| Additional paid in capital | 4,285 | 3,959 | 3,953 | 3,934 | 3,761 | 935 | 889 | ||
| Accumulated deficit | (1,612) | (1,887) | (1,689) | (1,478) | (1,329) | (1,190) | (1,015) | ||
| Total stockholders' equity: | 2,675 | 2,074 | 2,266 | 2,458 | 2,434 | (254) | (125) | ||
| TOTAL LIABILITIES AND EQUITY: | 9,034 | 8,434 | 8,577 | 7,247 | 7,369 | 2,448 | 2,565 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,153 | 1,153 | 1,056 | 971 | 828 | 575 | 636 | |
| Revenue, net | ✕ | ✕ | ✕ | 824 | 828 | 575 | 636 | |
| Operating lease, lease income | 1,031 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Cost of revenue | (13) | (74) | (9) | (93) | ||||
| Cost of goods and services sold | (74) | (9) | (93) | |||||
| Provision for loan, lease, and other losses | (13) | ✕ | ✕ | ✕ | ✕ | |||
| Gross profit: | 1,153 | 1,140 | 1,056 | 971 | 754 | 566 | 543 | |
| Operating expenses | (344) | (436) | (462) | (366) | (348) | (318) | (333) | |
| Other undisclosed operating income | 13 | 74 | 9 | 93 | ||||
| Operating income: | 809 | 717 | 594 | 606 | 481 | 257 | 303 | |
| Nonoperating expense | (300) | (322) | (249) | (215) | (184) | (122) | (115) | |
| Interest and debt expense | (18) | (21) | (3) | (217) | (186) | (124) | (117) | |
| Income from continuing operations before equity method investments, income taxes: | 491 | 375 | 341 | 173 | 111 | 11 | 72 | |
| Other undisclosed income from continuing operations before income taxes | 18 | 21 | 3 | 217 | 186 | 124 | 117 | |
| Income from continuing operations before income taxes: | 510 | 396 | 344 | 390 | 297 | 136 | 189 | |
| Income tax expense | (4) | (5) | (5) | (10) | (8) | (7) | (3) | |
| Net income attributable to parent: | 506 | 391 | 340 | 381 | 289 | 128 | 185 | |
| Other undisclosed net loss available to common stockholders, basic | (1) | (1) | (0) | (1) | (1) | (1) | (1) | |
| Net income available to common stockholders, diluted: | 505 | 390 | 339 | 380 | 289 | 128 | 185 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 506 | 391 | 340 | 381 | 289 | 128 | 185 | |
| Comprehensive income, net of tax, attributable to parent: | 506 | 391 | 340 | 381 | 289 | 128 | 185 | |
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.