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W. P. Carey vs Gaming & Leisure Properties: WPC and GLPI compared
W. P. Carey is the larger company: $468M of revenue in its latest quarter (Q3 2026) against $435M for Gaming & Leisure Properties (Q3 FY26). Gaming & Leisure Properties is growing faster (+10% against +9% a year earlier). Gaming & Leisure Properties is more profitable, with an operating margin of 71.2% against 55.2%.
Where the money goes: WPC and GLPI
W. P. Carey (WPC) · Q3 2026
W. P. Carey, Q3 2026: revenue $468M (+9% year over year), operating margin 55.2%, net earnings $141M, operating cash flow $322M. The chart follows the revenue to costs, profit and cash.
Gaming & Leisure Properties (GLPI) · Q3 FY26
Gaming & Leisure Properties, Q3 FY26: revenue $435M (+10% year over year), operating margin 71.2%, net earnings $208M, operating cash flow $280M. The chart follows the revenue to costs, profit and cash.
| W. P. Carey (WPC) | Gaming & Leisure Properties (GLPI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 FY26 |
| Revenue | $468M | $435M |
| Revenue growth, Y/Y | +9% | +10% |
| Operating margin | 55.2% | 71.2% |
| Net earnings | $141M | $208M |
| Net margin | 30.1% | 47.7% |
| Operating cash flow | $322M | $280M |
| Market value | $15.1B | $11.3B |
| P/E | 23.2× | 11.8× |
| Analysts’ mean target | $74.07 | $49.11 |
Where the revenue comes from
W. P. Carey
- Owned Real Estate Segment: $467M (100%)
- Investment Management: $875K (0%)
- Other advisory income and reimbursements: $500K (0%)
- Asset management revenue: $375K (0%)
Questions
Which is bigger, W. P. Carey or Gaming & Leisure Properties?
W. P. Carey is the larger company: $468M of revenue in its latest quarter (Q3 2026) against $435M for Gaming & Leisure Properties (Q3 FY26).
Is W. P. Carey or Gaming & Leisure Properties growing faster?
Gaming & Leisure Properties is growing faster (+10% against +9% a year earlier).
Which is more profitable, W. P. Carey or Gaming & Leisure Properties?
Gaming & Leisure Properties is more profitable, with an operating margin of 71.2% against 55.2%.
More: W. P. Carey earnings · how W. P. Carey makes money · Gaming & Leisure Properties earnings · how Gaming & Leisure Properties makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.