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Bright Horizons Family Solutions (Bright Horizons Family Solutions) Net Income : $74 Mil (TTM As of Dec. 2023)


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What is Bright Horizons Family Solutions Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Bright Horizons Family Solutions's Net Income for the three months ended in Dec. 2023 was $6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $74 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bright Horizons Family Solutions's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.10.


Bright Horizons Family Solutions Net Income Historical Data

The historical data trend for Bright Horizons Family Solutions's Net Income 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.

Bright Horizons Family Solutions Net Income Chart

Bright Horizons Family Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.39 26.99 70.46 80.64 74.22

Bright Horizons Family Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 18.04 8.13 20.59 39.98 5.52

Bright Horizons Family Solutions Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Bright Horizons Family Solutions's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=119.632+-45.409+0+-1.4210854715202E-14
=74

Bright Horizons Family Solutions's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=13.988+-8.464+0+8.8817841970013E-16
=6

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $74 Mil.

* 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.


Bright Horizons Family Solutions  (NYSE:BFAM) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Bright Horizons Family Solutions's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bright Horizons Family Solutions Net Income Related Terms

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Bright Horizons Family Solutions (Bright Horizons Family Solutions) Business Description

Traded in Other Exchanges
Address
2 Wells Avenue, Newton, MA, USA, 02459
Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.
Executives
Mary Ann Tocio director, officer: President and COO C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Lightfoot Sara Lawrence director
Mary Lou Burke officer: COO North America Center Ops C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02048
Lawrence M Alleva director 1000 WINTER STREET, SUITE 3300, WALTHAM MA 02451
Stephen Howard Kramer officer: Chief Development Officer C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Rosamund Marshall officer: Managing Director - Intl. 2 WELLS AVENUE, NEWTON MA 02459
Elizabeth J Boland officer: Chief Financial Officer C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
John Guy Casagrande officer: General Counsel and Secretary C/O BRIGHT HORIZONS, 2 WELLS AVENUE, NEWTON MA 02459
Jason Janoff officer: Chief Accounting Officer 2 WELLS AVENUE, NEWTON MA 02459
Maribeth Nash Bearfield officer: Chief Human Resources Officer 2 WELLS AVENUE, NEWTON MA 02459
David H Lissy director, officer: Chief Executive Officer C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Marguerite Sallee director C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Julie Atkinson director C/O BRIGHT HORIZONS, 2 WELLS AVENUE, NEWTON MA 02459
Stephen I Dreier officer: See Remarks C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Linda A Mason director BRIGHT HORIZONS INC, ONE KENDALL SQ BLDG 200, CAMBRIDGE MA 02139

Bright Horizons Family Solutions (Bright Horizons Family Solutions) Headlines