MGM Growth Properties LLC
NYSE:MGP
Income Statement
Earnings Waterfall
MGM Growth Properties LLC
Revenue
|
789.7m
USD
|
Operating Expenses
|
-281.9m
USD
|
Operating Income
|
507.8m
USD
|
Other Expenses
|
-292.4m
USD
|
Net Income
|
215.3m
USD
|
Income Statement
MGM Growth Properties LLC
Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
111
N/A
|
283
+156%
|
468
+65%
|
651
+39%
|
725
+11%
|
735
+1%
|
766
+4%
|
798
+4%
|
834
+5%
|
867
+4%
|
870
+0%
|
857
-1%
|
863
+1%
|
872
+1%
|
881
+1%
|
887
+1%
|
856
-4%
|
824
-4%
|
793
-4%
|
777
-2%
|
777
+0%
|
777
+0%
|
782
+1%
|
790
+1%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(245)
|
(256)
|
(255)
|
(262)
|
(271)
|
(277)
|
(299)
|
(317)
|
(330)
|
(346)
|
(362)
|
(378)
|
(398)
|
(403)
|
(403)
|
(383)
|
(369)
|
(355)
|
(335)
|
(326)
|
(305)
|
(290)
|
(277)
|
(271)
|
(271)
|
(271)
|
(277)
|
(282)
|
|
Selling, General & Administrative |
(60)
|
(60)
|
(58)
|
(59)
|
(61)
|
(67)
|
(78)
|
(86)
|
(91)
|
(93)
|
(101)
|
(110)
|
(122)
|
(133)
|
(136)
|
(113)
|
(87)
|
(65)
|
(40)
|
(41)
|
(41)
|
(40)
|
(40)
|
(39)
|
(39)
|
(40)
|
(42)
|
(42)
|
|
Depreciation & Amortization |
(185)
|
(196)
|
(197)
|
(203)
|
(210)
|
(210)
|
(221)
|
(231)
|
(239)
|
(253)
|
(261)
|
(269)
|
(276)
|
(271)
|
(267)
|
(270)
|
(282)
|
(290)
|
(295)
|
(285)
|
(264)
|
(250)
|
(237)
|
(233)
|
(232)
|
(231)
|
(235)
|
(240)
|
|
Operating Income |
(245)
N/A
|
(256)
-4%
|
(255)
+0%
|
(262)
-2%
|
(160)
+39%
|
7
N/A
|
169
+2 494%
|
335
+98%
|
395
+18%
|
390
-1%
|
404
+4%
|
420
+4%
|
436
+4%
|
464
+7%
|
467
+0%
|
474
+2%
|
494
+4%
|
517
+5%
|
546
+6%
|
561
+3%
|
551
-2%
|
534
-3%
|
516
-3%
|
506
-2%
|
506
+0%
|
506
+0%
|
505
0%
|
508
+1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
(30)
|
(72)
|
(115)
|
(159)
|
(174)
|
(175)
|
(180)
|
(185)
|
(189)
|
(203)
|
(213)
|
(227)
|
(243)
|
(247)
|
(251)
|
(235)
|
(198)
|
(161)
|
(131)
|
(92)
|
(115)
|
(123)
|
(125)
|
(127)
|
|
Non-Reccuring Items |
0
|
0
|
(7)
|
(8)
|
(9)
|
(19)
|
(15)
|
(21)
|
(31)
|
(22)
|
(51)
|
(49)
|
(55)
|
(55)
|
(27)
|
(32)
|
(16)
|
(23)
|
(21)
|
(207)
|
(207)
|
(197)
|
(196)
|
(1)
|
(1)
|
(8)
|
(9)
|
(10)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(4)
|
(6)
|
(7)
|
(7)
|
(5)
|
(2)
|
(2)
|
(8)
|
(26)
|
(26)
|
(26)
|
(19)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
Pre-Tax Income |
(245)
N/A
|
(256)
-4%
|
(262)
-2%
|
(269)
-3%
|
(198)
+26%
|
(86)
+57%
|
38
N/A
|
153
+309%
|
189
+23%
|
191
+1%
|
171
-10%
|
182
+7%
|
187
+2%
|
200
+7%
|
220
+10%
|
210
-4%
|
233
+11%
|
245
+5%
|
267
+9%
|
93
-65%
|
121
+30%
|
150
+25%
|
170
+13%
|
412
+143%
|
388
-6%
|
374
-4%
|
369
-1%
|
369
+0%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(4)
|
(7)
|
(6)
|
(8)
|
(9)
|
(7)
|
(8)
|
(10)
|
(11)
|
(11)
|
(10)
|
(9)
|
(9)
|
|
Income from Continuing Operations |
(245)
|
(256)
|
(262)
|
(269)
|
(198)
|
(87)
|
35
|
150
|
184
|
185
|
166
|
178
|
182
|
194
|
214
|
206
|
226
|
238
|
259
|
84
|
113
|
142
|
160
|
401
|
378
|
363
|
359
|
360
|
|
Income to Minority Interest |
122
|
191
|
262
|
269
|
205
|
104
|
(5)
|
(109)
|
(139)
|
(140)
|
(124)
|
(131)
|
(133)
|
(140)
|
(155)
|
(148)
|
(159)
|
(165)
|
(174)
|
(63)
|
(73)
|
(81)
|
(84)
|
(216)
|
(189)
|
(169)
|
(154)
|
(145)
|
|
Net Income (Common) |
124
N/A
|
182
+47%
|
0
N/A
|
0
N/A
|
7
N/A
|
18
+151%
|
30
+70%
|
41
+38%
|
45
+9%
|
45
+1%
|
42
-8%
|
46
+11%
|
49
+5%
|
57
+17%
|
67
+17%
|
71
+6%
|
80
+12%
|
83
+4%
|
90
+9%
|
21
-77%
|
40
+93%
|
61
+53%
|
76
+26%
|
186
+143%
|
188
+2%
|
195
+3%
|
206
+5%
|
215
+5%
|
|
EPS (Diluted) |
2.47
N/A
|
3.63
+47%
|
0
N/A
|
0
N/A
|
0.12
N/A
|
0.3
+150%
|
0.52
+73%
|
0.71
+37%
|
0.78
+10%
|
0.75
-4%
|
0.59
-21%
|
0.65
+10%
|
0.68
+5%
|
0.8
+18%
|
0.94
+18%
|
0.84
-11%
|
0.88
+5%
|
0.89
+1%
|
0.87
-2%
|
0.17
-80%
|
0.3
+76%
|
0.46
+53%
|
0.58
+26%
|
1.36
+134%
|
1.22
-10%
|
1.24
+2%
|
1.31
+6%
|
1.37
+5%
|