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Compx International (Compx International) Net Income : $22.6 Mil (TTM As of Dec. 2023)


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What is Compx International 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. Compx International's Net Income for the three months ended in Dec. 2023 was $6.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $22.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Compx International's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.54.


Compx International Net Income Historical Data

The historical data trend for Compx International'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.

Compx International Net Income Chart

Compx International 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 16.00 10.32 16.57 20.87 22.59

Compx International 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 4.76 6.07 4.07 5.76 6.70

Compx International 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

Compx International'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
=29.603+-7.01+0+-3.5527136788005E-15
=22.6

Compx International'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
=8.648+-1.952+0+0
=6.7

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 $22.6 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.


Compx International  (AMEX:CIX) 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:

Compx International'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.


Compx International Net Income Related Terms

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Compx International (Compx International) Business Description

Traded in Other Exchanges
N/A
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Compx International Inc is a manufacturer of security products. Its security products are primarily used in recreational transportation, postal, office & institutional furniture, cabinetry, tool storage, healthcare, and a variety of other industries. Also, it is engaged in the manufacturing of stainless steel exhaust systems, gauges, throttle controls, and trim tabs for the recreational marine industry. The company's operating segment includes Security Products and Marine Components. The company generates maximum revenue from the Security Products segment, which manufactures mechanical and electrical cabinet locks and other locking mechanisms. Its geographical segments are the United States, Canada, Mexico, and others, of which the United States accounts for the vast majority of revenue.
Executives
Gina A. Norris director 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Ann Manix director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Andrew B Nace officer: Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kristin B Mccoy officer: EVP, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy A. Samford officer: Vice President and CFO 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Mary A. Tidlund director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Michael Shawn Simmons officer: SVP & Chief Financial Officer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Robert D Graham officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy E. Ruf officer: Vice President and Controller 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Terri Herrington director C/O CONTRAN CORPORATION, 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Jane Rast Grimm officer: VP and Secretary 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240

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