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AK Steel Holding (AK Steel Holding) Net Income : $11 Mil (TTM As of Dec. 2019)


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What is AK Steel Holding 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. AK Steel Holding's Net Income for the three months ended in Dec. 2019 was $-54 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2019 was $11 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. AK Steel Holding's Earnings per Share (Diluted) for the three months ended in Dec. 2019 was $-0.17.


AK Steel Holding Net Income Historical Data

The historical data trend for AK Steel Holding'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.

AK Steel Holding Net Income Chart

AK Steel Holding Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -509.00 -16.80 103.50 186.00 11.20

AK Steel Holding Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 33.50 -4.50 66.80 2.80 -53.90

AK Steel Holding 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

AK Steel Holding's Net Income for the fiscal year that ended in Dec. 2019 is calculated as

Net Income(A: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=69.2+-6.2+0+-51.8
=11

AK Steel Holding's Net Income for the quarter that ended in Dec. 2019 is calculated as

Net Income(Q: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-41.4+-3.5+0+-9
=-54

Net Income for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $11 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.


AK Steel Holding  (NYSE:AKS) 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:

AK Steel Holding's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2019 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.


AK Steel Holding Net Income Related Terms

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AK Steel Holding (AK Steel Holding) Business Description

Traded in Other Exchanges
N/A
Address
9227 Centre Pointe Drive, West Chester, OH, USA, 45069
AK Steel's operations consist of steelmaking and finishing plants in Indiana, Kentucky, Michigan, Ohio, and Pennsylvania, in the United States. The company manufactures flat-rolled, carbon, electrical, and stainless steel, as well as tubular products for the automotive, construction, appliance, and machinery end markets.
Executives
Dennis C Cuneo director 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Sheri H. Edison director 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Gregory B Kenny director 4 TESSENEER DR, HIGHLAND HEIGHTS KY 41076
Roger K Newport director, officer: Chief Executive Officer 703 CURTIS STREET, MIDDLETOWN OH 45043
Arlene M Yocum director 99 PINE STREET, ALBANY NY 12207
Michael Ralph S Iii director, other: Chairman of the Board
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Jaime Vasquez officer: VP Finance and CFO 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Robert H Jenkins director PO BOX 7003, ROCKFORD IL 61125-7003
John S Brinzo director 1100 SUPERIOR AVE, CLEVELAND OH 44114
Richard A Abdoo director N93 W14475 WHITTAKER WAY, MENOMONEE FALLS WI 53051
James L Wainscott director, other: Chairman of the Board C/O AK STEEL HOLDING CORP, 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Shirley D Peterson director C/O AK STEEL HOLDING CORP., 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Bonnie Guiton Hill director 1721 FIRST STREET, SAN JOSE CA 95112