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MGM Growth Properties LLC (MGP) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $40.57 Metrics
OS: 156.8 M 4 % ROE
Market cap: $6.36 B 5 % ROIC
Net debt: $4.16 B 4.7 x Debt/EBITDA
EV: $10.5 B

 
TTM Valuation
EBITDA $880 M 12.0 x EV/EBITDA
EBIT $639 M 16.5 x EV/EBIT
EPS $1.11 36.6 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
Revenues782.1792.6881.1869.5765.7467.50.00.0
            Revenue growth-1.3%-10.0%1.3%13.6%63.8%   
Cost of goods sold25.4218.934.5140.5123.073.058.548.3
Gross profit756.7573.7846.6729.0642.7394.5-58.5-48.3
            Gross margin96.8%72.4%96.1%83.8%83.9%84.4%  
Selling, general and administrative      203.5197.9
General and administrative18.116.116.516.012.29.9  
EBIT643.1414.51,137.1446.3370.1164.0-262.0-246.2
            EBIT margin82.2%52.3%129.1%51.3%48.3%35.1%  
Pre-tax income368.6170.1266.9219.9170.90.0-262.0-246.2
Income taxes9.39.7-7.6-5.84.9-2.30.00.0
            Tax rate2.5%5.7%  2.9% 0.0%0.0%
Earnings from continuing ops205.576.185.558.941.843.0  
Earnings from discontinued ops  4.88.1    
Net income205.576.190.367.141.843.00.00.0
            Net margin26.3%9.6%10.2%7.7%5.5%9.2%  
 
Diluted EPS$1.36$0.59$0.92$0.83$0.67$0.74  
Shares outstanding (diluted)151.2129.793.371.261.957.8  
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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