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Universal Stainless & Alloy Products (Universal Stainless & Alloy Products) Net Income : $4.9 Mil (TTM As of Dec. 2023)


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What is Universal Stainless & Alloy Products 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. Universal Stainless & Alloy Products's Net Income for the three months ended in Dec. 2023 was $2.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $4.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Universal Stainless & Alloy Products's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.28.


Universal Stainless & Alloy Products Net Income Historical Data

The historical data trend for Universal Stainless & Alloy Products'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.

Universal Stainless & Alloy Products Net Income Chart

Universal Stainless & Alloy Products 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 4.28 -19.05 -0.76 -8.07 4.91

Universal Stainless & Alloy Products 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 -3.72 -0.51 0.90 1.93 2.60

Universal Stainless & Alloy Products 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

Universal Stainless & Alloy Products'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
=5.308+-0.398+0+0
=4.9

Universal Stainless & Alloy Products'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
=2.576+0.021+0+0
=2.6

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 $4.9 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.


Universal Stainless & Alloy Products  (NAS:USAP) 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:

Universal Stainless & Alloy Products'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.


Universal Stainless & Alloy Products Net Income Related Terms

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Universal Stainless & Alloy Products (Universal Stainless & Alloy Products) Business Description

Traded in Other Exchanges
Address
600 Mayer Street, Bridgeville, PA, USA, 15017
Universal Stainless & Alloy Products Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels. The company along with its subsidiaries involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
Executives
Udi Toledano director 51 DUFFIELD DRIVE, S. ORANGE NJ 07079
M. David Kornblatt director 1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Judith L Bacchus director 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Christopher L Ayers director 5626 MISSION DRIVE, MISSION HILL KS 66208
Dennis M Oates director, officer: Chairman, President and CEO 600 MAYER STREET, BRIDGEVILLE PA 15017
Steven Ditommaso officer: VP and CFO 600 MAYER STREET, BRIDGEVILLE PA 15017
Wendel Crosby officer: Vice President of Manufacturin 600 MAYER STREET, BRIDGEVILLE PA 15017
Christopher M Zimmer officer: Exec. V. P. & CCO 600 MAYER STREET, BRIDGEVILLE PA 15017
John Arminas officer: VP, Gen. Counsel & Secretary 600 MAYER STREET, BRIDGEVILLE PA 15017
Christopher Thomas Scanlon officer: VP Finance, Treasurer & CFO 415 HOLIDAY DRIVE, PITTSBURGH PA 15520
Graham Mcintosh officer: V. P. Technology & Chief Techn 600 MAYER STREET, BRIDGEVILLE PA 15017
Alyssa H Snider officer: VP & CHRO 600 MAYER STREET, BRIDGEVILLE PA 15017
Paul A Mcgrath officer: V.P. Admin., General Counsel 600 MAYER STREET, BRIDGEVILLE PA 15017
Ross C Wilkin officer: V.P. Finance, CFO & Treasurer 600 MAYER STREET, BRIDGEVILLE PA 15017
Larry J Pollock officer: Exec. V.P. & CMO 600 MAYER STREET, BRIDGEVILLE PA 15017