What does operating segments — capex mean?

The amount of cash spent by a business segment on physical assets and infrastructure improvements.

How do you interpret operating segments — capex?

High spending signals growth investment or maintenance, while consistently low spending may indicate underinvestment or a focus on cash preservation.

How does operating segments — capex compare across companies?

Comparable to 'Capital Expenditures' or 'CapEx' reported by segment in the hospitality and gaming sector.

MGM Resorts International MGM Operating Segments — CapEx

Discontinued — last reported Q4 '17

Similar metrics at other companies

HOperating Segments — CapEx

$49.25M-2.5%

XPO

XPOOperating Segments — CapEx

$58.95M+530%

CSL

CSLOperating Segments — CapEx

$39.68M+61.8%

CMCOperating Segments — CapEx

$106.54M+30.7%

MSGSOperating Segments — CapEx

$5.5M+70.4%

GPCOperating Segments — CapEx

$38.37M+29.5%

Other financials

Income statement

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Revenue$4.5B+4.2%

Operating income$301.2M-21.8%

Net income$125.1M-15.8%

EPS (diluted)$0.48-5.9%

Balance sheet

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Cash & equivalents$2.3B+1.0%

Total debt$31.7B-0.6%

Total equity$2.4B-14.7%

Total assets$41.4B-1.2%

Cash flow

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Operating cash flow$567.8M+3.8%

CapEx$154.7M-32.2%

Free cash flow$413.1M+29.5%

Valuation

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Market cap$11.98B+11.9%

Enterprise value$41.38B+2.1%

P/E65.7×+49.9×

P/S0.7×+0.1×

Profitability

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Operating margin5.2%-3.1pp

Net margin1%-2.9pp

FCF margin8.8%+2.0pp

Returns & leverage

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Return on equity6.9%-14.6pp

Debt / equity13×+1.9×

Current ratio1.3×0.0×

Where this comes from

Reported directly by MGM Resorts International in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: MGM Resorts International’s 10-K, filed March 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — capex mean?: The amount of cash spent by a business segment on physical assets and infrastructure improvements.
How do you interpret operating segments — capex?: High spending signals growth investment or maintenance, while consistently low spending may indicate underinvestment or a focus on cash preservation.
How does operating segments — capex compare across companies?: Comparable to 'Capital Expenditures' or 'CapEx' reported by segment in the hospitality and gaming sector.