We are a Maryland corporation that is primarily engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destinations, subject to long-term triple net leases. As of December 31, 2025, we own 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United Sta…
$27.54
$0.23 (-0.83%)
Last close via Marketstack
Revenue grew 4.1%, steady but not accelerating.
Net debt of $17.05B represents 6.8x FCF, leverage limits flexibility.
9.4x earnings, 11.5x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$4.04B
▲ +4.1% YoY
Net Income (TTM)
$3.10B
▲ +3.6% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
$2.55B
▲ +5.7% YoY
Op. Cash Flow (TTM)
$2.55B
▲ +5.4% YoY
Net Debt
$17.19B
Cash & Equiv.
$480M
5Y CAGR: +26.7%
5Y CAGR: +23.3%
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