How do you interpret consolidation eliminations — gain loss on disposition of assets1?

Fluctuations reflect the volume and profitability of internal asset transfers rather than external market transactions.

Gaming and Leisure Properties GLPI Consolidation Eliminations — Gain Loss On Disposition Of Assets1

Discontinued — last reported Q4 '17

Similar metrics at other companies

ARE

AREConsolidation Eliminations — Gain Loss On Sale Of Properties Net Of Applicable Income Taxes

$0—

AMHConsolidation Eliminations — Gain Loss On Sale Of Properties

$0—

ARE

AREConsolidation Eliminations — Loss On Sale Of Investments

$0—

MGMConsolidation Eliminations — Property Transactions Net

-$1.44M—

BPOPConsolidation Eliminations — Gain Loss On Disposition Of Assets1

——

BPOPConsolidation Eliminations — Net Gain Loss On Sale And Valuation Adjustments On Investment Securities

——

Other financials

Income statement

See full

Revenue$420.0M+6.3%

Gross profit$360.1M+7.0%

Operating income$333.3M+28.8%

Net income$231.8M+40.3%

EPS (diluted)$0.82+36.7%

Balance sheet

See full

Cash & equivalents$274.5M+62.6%

Total debt$8.4B+2.6%

Total equity$4.6B+10.0%

Total assets$13.8B+13.5%

Cash flow

See full

Operating cash flow$270.2M+7.0%

CapEx$111.5M+764%

Free cash flow$158.8M-33.7%

Valuation

See full

Market cap$12.63B-10.2%

Enterprise value$20.74B-6.0%

P/E14.2×-4.0×

P/S7.8×-1.3×

Profitability

See full

Gross margin100%0.0pp

Operating margin78.8%+5.8pp

Net margin55.1%+5.1pp

FCF margin45.9%-22.0pp

Returns & leverage

See full

Return on equity20.2%+1.6pp

Debt / equity1.8×-0.1×

Where this comes from

Reported directly by Gaming and Leisure Properties in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The official record: Gaming and Leisure Properties’s 10-K, filed February 16, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — gain loss on disposition of assets1 mean?: The net adjustment to remove internal gains or losses from asset sales between company segments.
How do you interpret consolidation eliminations — gain loss on disposition of assets1?: Fluctuations reflect the volume and profitability of internal asset transfers rather than external market transactions.
How does consolidation eliminations — gain loss on disposition of assets1 compare across companies?: Common in REITs and holding companies with complex intercompany asset structures.