GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gaming and Leisure Properties Inc (NAS:GLPI) » Definitions » Retained Earnings

Gaming and Leisure Properties (Gaming and Leisure Properties) Retained Earnings : $-1,930 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Gaming and Leisure Properties Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gaming and Leisure Properties's retained earnings for the quarter that ended in Mar. 2024 was $-1,930 Mil.

Gaming and Leisure Properties's quarterly retained earnings increased from Sep. 2023 ($-1,912 Mil) to Dec. 2023 ($-1,898 Mil) but then declined from Dec. 2023 ($-1,898 Mil) to Mar. 2024 ($-1,930 Mil).

Gaming and Leisure Properties's annual retained earnings declined from Dec. 2021 ($-1,771 Mil) to Dec. 2022 ($-1,798 Mil) and declined from Dec. 2022 ($-1,798 Mil) to Dec. 2023 ($-1,898 Mil).


Gaming and Leisure Properties Retained Earnings Historical Data

The historical data trend for Gaming and Leisure Properties's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gaming and Leisure Properties Retained Earnings Chart

Gaming and Leisure Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,887.29 -1,612.10 -1,771.40 -1,798.22 -1,897.91

Gaming and Leisure Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,869.64 -1,903.33 -1,911.62 -1,897.91 -1,930.03

Gaming and Leisure Properties Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Gaming and Leisure Properties  (NAS:GLPI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Gaming and Leisure Properties (Gaming and Leisure Properties) Business Description

Traded in Other Exchanges
Address
845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust primarily involved in the leasing of gaming and related facilities to wholly-owned subsidiaries of Penn National Gaming, or Penn, throughout the U.S. GLP segments its operations into GLP Capital and TRS Properties divisions. The company derives the vast majority of its revenue from its GLP Capital unit in the form of rental income from dockside and land-based casinos located mostly in the American Midwest. Almost all of GLP Capital's leases are long-term agreements that give Penn the option for future extensions. Gaming revenue generated by TRS Properties, which encompasses the operations of Hollywood Casino Perryville and Hollywood Casino Baton Rouge, also represents a significant income stream for GLP.
Executives
Steven Ladany officer: SVP Chief Development Officer 845 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610
Brandon John Moore officer: SVP & General Counsel 845 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610
Matthew Demchyk officer: SVP, Investments 845 BERKSHIRE BOULEVARD, WYOMISSING PA 19610
Desiree A. Burke officer: Chief Accounting Officer 845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610
Barry F Schwartz director 35 EAST 62ND ST, NEW YORK NY 10021
E Scott Urdang director 845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610
Joanne A. Epps director, Director C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Earl C Shanks director CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Peter M Carlino director, officer: CEO & President 845 BERKSHIRE BLVD, SUITE 200, WYOMISSING PA 19610
Carol Lynton director C/O EL POLLO HOLDINGS, INC., 3535 HARBOR BOULEVARD, SUITE 100, COSTA MESA CA 92626
Marshall Joseph W Iii director 500 OFFICE CENTER DRIVE, SUITE 400, FT. WASHINGTON PA 19034
David A Handler director 845 BERKSHIRE BLVD, SUITE 200, WYOMISSING PA 19610
William J Clifford officer: CFO, Sec. & Treas. 845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
James Perry director
Steven T. Snyder officer: SR VP-Corp Development 845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610

Gaming and Leisure Properties (Gaming and Leisure Properties) Headlines