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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. GreenSky's Net Income for the three months ended in Dec. 2021 was $7.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2021 was $42.1 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. GreenSky's Earnings per Share (Diluted) for the three months ended in Dec. 2021 was $0.07.
The historical data trend for GreenSky'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.
GreenSky Annual Data | ||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | |||||||||
Net Income | Get a 7-Day Free Trial | 138.67 | 24.26 | 31.98 | 9.97 | 42.14 |
GreenSky Quarterly Data | ||||||||||||||||||||
Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | |
Net Income | Get a 7-Day Free Trial | 8.21 | 3.80 | 16.33 | 14.39 | 7.63 |
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
GreenSky'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 |
= | 131.694 | + | -13.88 | + | 0 | + | -75.67 |
= | 42.1 |
GreenSky's Net Income for the quarter that ended in Dec. 2021 is calculated as
Net Income | (Q: Dec. 2021 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 22.259 | + | -3.058 | + | 0 | + | -11.574 |
= | 7.6 |
Net Income for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.1 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.
GreenSky (NAS:GSKY) 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:
GreenSky's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2021 is calculated as
Earnings per Share (Diluted) (Q: Dec. 2021 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (7.627 | - | 0) | / | 114.707 | |
= | 0.07 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of GreenSky's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Gerald R. Benjamin | director, officer: Chief Administrative Officer | 5565 GLENRIDGE CONNECTOR, SUITE 700 ATLANTA GA 30342 |
Gregg Steven Freishtat | director | 5860 WINTERTHUR DRIVE ATLANTA GA 30328 |
Angela M Nagy | officer: SVP, Chief Accounting Officer | 1155 PERIMETER CENTER WEST ATLANTA GA 30338 |
Joel M. Babbit | director | 3120 BRECKINRIDGE BLVD., DULUTH GA 30099 |
Dennis I Kelly | officer: President, Patient Solutions | 10720 SIKES PL STE 300 CHARLOTTE NC 28277 |
David Zalik | director, 10 percent owner, officer: CEO and Chairman of the Board | 5565 GLENRIDGE CONNECTOR, SUITE 700 ATLANTA GA 30342 |
Robert Sheft | director, 10 percent owner | 623 FIFTH AVENUE, 26TH FLOOR, NEW YORK NY 10022 |
Goldstein Kevin | officer: EVP - Chief Credit Officer | 5565 GLENRIDGE CONNECTOR SUITE 700 ATLANTA 2Q 30342 |
Andrew Kang | officer: EVP and CFO | 5565 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342 |
Arthur J Bacci | director | |
Tpg Growth Ii Advisors, Inc. | other: Former 10% Owner | 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
James G Coulter | other: Former 10% Owner | 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
David Bonderman | other: Former 10% Owner | 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
Lois Elizabeth Rickard | officer: Chief Human Resources Officer | 1230 PEACHTREE ST NE, SUITE 1000, ATLANTA GA 30309 |
Steven E Fox | officer: EVP - Chief Legal Officer | 229 PEACHTREE ST NE, 2700 INTERNATIONAL TOWER, ATLANTA GA 303031603 |
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