What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Monarch Casino & Resort MCRI Operating Income

Discontinued — last reported Q4 '17

Operating Income at other companies

MGM Resorts InternationalMGM

$301.24M-21.8%

PENN Entertainment, Inc.PENN

$97.1M+127%

Caesars Entertainment, Inc.CZR

$500M+2.5%

Boyd GamingBYD

$163.99M-18.0%

Red Rock Resorts, Inc.RRR

$143.68M-6.9%

Wynn ResortsWYNN

$282.6M+5.2%

Other financials

Income statement

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Revenue$136.6M+8.9%

Gross profit$34.9M+38.0%

Net income$27.6M+38.9%

EPS (diluted)$1.52+44.8%

Balance sheet

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Cash & equivalents$120.1M+60.0%

Total debt$13.0M-5.6%

Total equity$549.8M+2.7%

Total assets$725.2M+1.8%

Cash flow

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Operating cash flow$48.5M+33.0%

CapEx$5.6M-72.0%

Free cash flow$43.0M+158%

Valuation

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Market cap$2.29B+19.1%

Enterprise value$2.18B+16.6%

P/E21×-4.9×

P/S4.1×+0.5×

Profitability

See full

Gross margin24.7%+6.8pp

Operating margin17.6%—

Net margin19.6%+5.5pp

FCF margin27.8%+10.8pp

Returns & leverage

See full

Return on equity20.1%+5.9pp

Debt / equity0×0.0×

Current ratio1×+0.3×

Where this comes from

Reported directly by Monarch Casino & Resort in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Monarch Casino & Resort’s 10-K, filed March 14, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.