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W R Grace (W R Grace) Net Income : $77 Mil (TTM As of Jun. 2021)


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What is W R Grace 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. W R Grace's Net Income for the three months ended in Jun. 2021 was $45 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was $77 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. W R Grace's Earnings per Share (Diluted) for the three months ended in Jun. 2021 was $0.68.


W R Grace Net Income Historical Data

The historical data trend for W R Grace'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.

W R Grace Net Income Chart

W R Grace Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.10 11.20 167.60 126.30 -1.80

W R Grace Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -7.30 7.00 -43.50 68.40 45.40

W R Grace 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

W R Grace's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.5+-2.2+0+-0.1
=-2

W R Grace's Net Income for the quarter that ended in Jun. 2021 is calculated as

Net Income(Q: Jun. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=63.7+-18.2+0+-0.1
=45

Net Income for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $77 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.


W R Grace  (NYSE:GRA) 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:

W R Grace's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2021 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.


W R Grace Net Income Related Terms

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W R Grace (W R Grace) Business Description

Traded in Other Exchanges
N/A
Address
7500 Grace Drive, Columbia, MD, USA, 21044-4098
W R Grace & Co, through its subsidiaries, makes and sells chemicals and silica-based materials used in refining, pharma, chemical manufacturing, coating, and various chemical process applications. The company has two reportable business segments: Grace catalysts technologies and Grace material technologies. Most of the company's revenue is generated by the Grace catalysts technologies segment from the sale of oil refining catalysts and catalysts used in petrochemical, refining, and other chemical manufacturing applications, and more than half of the revenue is earned in North America and Europe, Middle East, and Africa.
Executives
Mark E Tomkins director VULCAN MATERIALS CO, 1200 URBAN CENTER DR, BIRMINGHAM AL 35242
Diane H. Gulyas director C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Henry R Slack director 10070 DANIELS INTERSTATE COURT SUITE 100, FT MYERS FL 33935
Christopher J Steffen director 10188 TELESIS CT. SUITE 100 SAN DIEGO CA 92121
Julie Fasone Holder director 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37662-0431
Cummings Robert F Jr director C/O MOORE CORP, ONE CANTARBURG GREET, STAMFORD CT 006901
Shlomo Yanai director ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073
Elizabeth C Brown officer: Sr. VP and CHRO C/O W. R. GRACE & CO., 7500 GRACE DRIVE, COLUMBIA MD 21044
William C. Dockman officer: Senior VP and CFO C/O W. R. GRACE & CO. 7500 GRACE DRIVE COLUMBIA MD 21044
La Force Andrew Hudson Iii director, officer: President and CEO C/O W. R. GRACE & CO., 7500 GRACE DRIVE, COLUMBIA MD 21044
Keith N Cole officer: Sr. VP, Govt. Rel. and EHS C/O W. R. GRACE & CO., 7500 GRACE DRIVE, COLUMBIA MD 21044
Mark A Shelnitz officer: Sr. VP, GC and Secretary C/O W. R. GRACE & CO., 7500 GRACE DRIVE, COLUMBIA MD 21044
Alfred E Festa director
Standard Latitude Master Fund Ltd. 10 percent owner 9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019
Si Gp Iii Llc 10 percent owner 9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019

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