EGP vs. GLPI: EastGroup Properties vs. Gaming and Leisure Properties Stock Comparison

Company Profile

EastGroup Properties (EGP) and Gaming and Leisure Properties (GLPI) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but EGP is classified in Industrial REITs while GLPI is classified in Specialized REITs.

Both EastGroup Properties (EGP) and Gaming and Leisure Properties (GLPI) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Gaming and Leisure Properties (GLPI) at 18.69% sits in the top ROE quartile, while EastGroup Properties (EGP) at 8.93% is closer to the peer norm — stronger capital efficiency for GLPI.

Neither EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs) nor Gaming and Leisure Properties (GLPI) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs) and Gaming and Leisure Properties (GLPI) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

EastGroup Properties (EGP) at 12.67% sits in the top revenue growth quartile, while Gaming and Leisure Properties (GLPI) at 4.13% is closer to the peer norm — faster top-line expansion for EGP.

EPS growth isn't a meaningful figure for either EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs) or Gaming and Leisure Properties (GLPI) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

EastGroup Properties (EGP) at 0.62 keeps current ratio within its industry’s typical mid-range, while Gaming and Leisure Properties (GLPI) at 34.39 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

EastGroup Properties (EGP) at 0.52 keeps leverage in the lower industry quartile, while Gaming and Leisure Properties (GLPI) at 1.57 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Gaming and Leisure Properties (GLPI) at 8.11% delivers top-quartile income for its industry, while EastGroup Properties (EGP) at 3.30% pays a more typical yield — both are credible income propositions, GLPI the richer one.

An earnings-based payout ratio fits neither EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs) nor Gaming and Leisure Properties (GLPI) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs) or Gaming and Leisure Properties (GLPI) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

Gaming and Leisure Properties (GLPI) at 6.88 is priced about in line with its industry on P/S ratio, while EastGroup Properties (EGP) at 13.56 sits in the pricier quartile — EGP costs more per dollar of sales.

Gaming and Leisure Properties (GLPI) at 2.28 is valued about in line with its industry on P/B ratio, while EastGroup Properties (EGP) at 2.91 carries an above-peer premium to book — EGP is pricier on assets.

Valuation Metrics