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MGM Growth Properties LLC (MGM Growth Properties LLC) Price-to-Owner-Earnings : 14.61 (As of May. 05, 2024)


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What is MGM Growth Properties LLC Price-to-Owner-Earnings?

As of today (2024-05-05), MGM Growth Properties LLC's share price is $41.64. MGM Growth Properties LLC's Owner Earnings per Share (TTM) ended in Mar. 2022 was $2.85. It's Price-to-Owner-Earnings for today is 14.61.


The historical rank and industry rank for MGM Growth Properties LLC's Price-to-Owner-Earnings or its related term are showing as below:

MGP' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 10.32   Med: 14.32   Max: 22.17
Current: 14.63

During the past 8 years, the highest Price-to-Owner-Earnings of MGM Growth Properties LLC was 22.17. The lowest was 10.32. And the median was 14.32.


MGP's Price-to-Owner-Earnings is not ranked
in the REITs industry.
Industry Median: 14.08 vs MGP: 14.63

As of today (2024-05-05), MGM Growth Properties LLC's share price is $41.64. MGM Growth Properties LLC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 was $1.37. Therefore, MGM Growth Properties LLC's PE Ratio for today is 30.39.

As of today (2024-05-05), MGM Growth Properties LLC's share price is $41.64. MGM Growth Properties LLC's EPS without NRI for the trailing twelve months (TTM) ended in was $1.37. Therefore, MGM Growth Properties LLC's PE Ratio without NRI for today is 30.39.

During the past 8 years, MGM Growth Properties LLC's highest PE Ratio without NRI was 84.29. The lowest was 23.47. And the median was 38.22.


MGM Growth Properties LLC Price-to-Owner-Earnings Historical Data

The historical data trend for MGM Growth Properties LLC's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGM Growth Properties LLC Price-to-Owner-Earnings Chart

MGM Growth Properties LLC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Owner-Earnings
Get a 7-Day Free Trial - - 11.14 18.54 14.73

MGM Growth Properties LLC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.72 13.36 14.44 14.73 13.60

Competitive Comparison of MGM Growth Properties LLC's Price-to-Owner-Earnings

For the REIT - Diversified subindustry, MGM Growth Properties LLC's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGM Growth Properties LLC's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MGM Growth Properties LLC's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where MGM Growth Properties LLC's Price-to-Owner-Earnings falls into.



MGM Growth Properties LLC Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

MGM Growth Properties LLC's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=41.64/2.85
=14.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGM Growth Properties LLC  (NYSE:MGP) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


MGM Growth Properties LLC Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of MGM Growth Properties LLC's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


MGM Growth Properties LLC (MGM Growth Properties LLC) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 750, Las Vegas, NV, USA, 89135
MGM Growth Properties LLC is a real estate investment trust engaged in owning, acquiring and leasing large-scale casino resort properties, including casino gaming, hotel, convention, dining, entertainment, retail and mixed-use facilities, and other resort amenities. The company's property portfolio consists of entertainment and gaming-related properties located on the Las Vegas Strip Mandalay Bay, The Mirage, Monte Carlo, New York-New York, Luxor and Excalibur, and The Park, a dining and entertainment complex located between New York-New York and Monte Carlo. It owns casino resort properties MGM Grand Detroit in Detroit, Michigan, Beau Rivage and Gold Strike Tunica, located in Mississippi, Borgata in Atlantic City, New Jersey, and MGM National Harbor in Prince George's County, Maryland.
Executives
Andy H Chien officer: CFO and Treasurer C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Paul J Salem director 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Daniel J Taylor director 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
James C. Stewart officer: Chief Executive Officer C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Thomas A Roberts director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
Charles Irving director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BOULEVARD, SUITE 500 LAS VEGAS NV 89118
Kathryn Coleman director 6385 S RAINBOW BOULEVARD, STE. 500 LAS VEGAS NV 89118
Michael Rietbrock other: Former Director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
James Murren other: former director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Robert W Smith director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
Sanders Corey Ian director 3950 LAS VEGAS BLVD., S., LAS VEGAS NV 89119
Lau Knicks officer: ED Acct & Finance (Controller) 1980 FESTIVAL PLAZA DR., SUITE 750, LAS VEGAS NV 89135
William Hornbuckle director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
John Mcmanus director 3600 LAS VEGAS BLVD, S., EXECUTIVE OFFICES, LAS VEGAS NV 89119
Resorts International Mgm 10 percent owner 3600 LAS VEGAS BLVD S., LAS VEGAS NV 89109

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