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.

Seritage Growth Properties SRG Operating Income

Discontinued — last reported Q3 '18

Operating Income at other companies

Kimco RealtyKIM

$207.77M+15.1%

Simon Property GroupSPG

$762.16M+4.7%

CTO Realty GrowthCTO

$10.29M+30.7%

InvenTrust PropertiesIVT

-$9.77M-26.6%

Essential Properties Realty TrustEPRT

$89.65M+12.6%

Gaming and Leisure PropertiesGLPI

$333.35M+28.8%

Other financials

Income statement

See full

Revenue$2.1M-55.4%

Net income-$30.3M-36.6%

EPS (diluted)-$0.56-33.3%

Balance sheet

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Cash & equivalents$44.5M-52.8%

Total debt$600.0K-40.0%

Total equity$299.9M-21.3%

Total assets$361.2M-44.4%

Cash flow

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Operating cash flow-$5.7M+37.8%

CapEx$294.0K-95.9%

Free cash flow-$6.0M+63.1%

Valuation

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Market cap$149.82M-13.9%

Enterprise value$105.92M+2.9%

P/S9.6×-0.7×

Profitability

See full

Operating margin-55.1%—

Net margin-487.6%-160pp

FCF margin-330.5%+127pp

Returns & leverage

See full

Return on equity-22.4%-5.7pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Seritage Growth Properties in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Seritage Growth Properties’s 10-Q, filed November 2, 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.