Cornerstone Building Brands (NYSE:CNR) Net Income

: $770 Mil (TTM As of Mar. 2022)

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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. Cornerstone Building Brands's Net Income for the three months ended in Mar. 2022 was $102 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2022 was $770 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cornerstone Building Brands's Earnings per Share (Diluted) for the three months ended in Mar. 2022 was $0.80.

Cornerstone Building Brands Net Income Historical Data

The historical data trend for Cornerstone Building Brands'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.

Cornerstone Building Brands Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Net Income

54.72

63.11

-15.39

-482.78

665.86

Cornerstone Building Brands Quarterly Data
	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Net Income																-1.66	8.93	620.54	38.05	102.28

Cornerstone Building Brands 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

Cornerstone Building Brands's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

	Net Income		(A: Dec. 2021 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	901.827	+	-235.968	+	0	+	0
=	666

Cornerstone Building Brands's Net Income for the quarter that ended in Mar. 2022 is calculated as

	Net Income		(Q: Mar. 2022 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	136.649	+	-34.366	+	0	+	0
=	102

Net Income for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $770 Mil.

Cornerstone Building Brands (NYSE:CNR) 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:

Cornerstone Building Brands's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2022 is calculated as

Earnings per Share (Diluted) (Q: Mar. 2022 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(102.283	-	0)	/	128.466
	=	0.80

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.

Cornerstone Building Brands Net Income Related Terms

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Cornerstone Building Brands (NYSE:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cornerstone Building Brands Inc (NYSE:CNR) » Definitions » Net Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

5020 Weston Parkway, Suite 400, Cary, NC, USA, 27513

Website

https://www.cornerstonebuildingbrands.com

Cornerstone Building Brands Inc constructs and sells building materials for the commercial, residential, and repair industries in North America. The company operates in three segments: commercial, which provides metal products and coil coating services for commercial construction; siding, which offers vinyl and steel siding, aluminum coil and gutters, roofing accessories, moldings, window and door trim, rain removal systems, vents, fences, and railings; and windows, which includes vinyl, aluminum, and wooden windows as well as steel, wood, and fiberglass doors. All three segments contribute sizably to total revenue.

Executives

Rose Lee	director, officer: PRESIDENT & CEO	C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Judith A Reinsdorf	director	C. R. BARD, INC., 730 CENTRAL AVENUE, MURRAY HILL NJ 07974
Alena Brenner	officer: EVP, GC and Corp. Sec.	5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Jeffrey S. Lee	officer: EVP, CFO	5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Katy Theroux	officer: Executive VP, Chief HR Officer	10943 N. SAM HOUSTON PARKWAY W. HOUSTON TX 77056
Daniel C. Janki	director	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Timothy J. Obrien	director	C/O NCI BUILDING SYSTEMS, INC. 10943 NORTH SAM HOUSTON PARKWAY WEST HOUSTON TX 77064
George L. Ball	director	10943 N. SAM HOUSTON PARKWAY W., HOUSTON TX 77064
William E Jackson	director	ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957
Kathleen J Affeldt	director
John J Holland	director	26602 W. GREENTREE, OLATHE KS 66061
James Keppler	officer: EVP, OPERATIONS	5020 WESTON PARKWAY SUITE 400 CARY NC 27513
James Wilbert W Jr	director	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Wayne Irmiter	officer: SVP, CAO	5020 WESTON PARKWAY CAY NC 27513
Atrium Window Holdings, Llc	10 percent owner	C/O GOLDEN GATE PRIVATE EQUITY, INC. 1 EMBARCADERO CENTER SAN FRANCISCO CA 94111