What does consolidation eliminations — operating income mean?

This metric represents the accounting adjustments made to remove intercompany transactions and balances between the parent company and its subsidiaries when preparing consolidated financial statements. It isolates the impact of internal transfers on operating income to ensure that the reported performance reflects only transactions with external parties. This is a technical accounting adjustment rather than a reflection of operational business performance.

Gaming and Leisure Properties GLPI Consolidation Eliminations — Operating Income

Discontinued — last reported Q2 '18

Similar metrics at other companies

HXLCorporate Reconciling Items And Eliminations — Operating Income

-$27.3M-76.1%

CHDConsolidating Reclassification — Operating Income

$0—

MOSCorporate, Eliminations and Other — Operating earnings (loss)

-$79.8M-42.0%

MKLCorporate and eliminations — Adjusted operating income (loss)

$3.01M-88.3%

HXLCorporate Reconciling Items And Eliminations — Other Operating Income Expense Net

-$4.2M—

SCIConsolidated Total — Operating Income

$244.52M+5.4%

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:OperatingIncomeLoss.

The official record: Gaming and Leisure Properties’s 10-Q, filed August 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — operating income mean?: This metric represents the accounting adjustments made to remove intercompany transactions and balances between the parent company and its subsidiaries when preparing consolidated financial statements. It isolates the impact of internal transfers on operating income to ensure that the reported performance reflects only transactions with external parties. This is a technical accounting adjustment rather than a reflection of operational business performance.