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Invesco Mortgage Capital (Invesco Mortgage Capital) Net Income

: $-15.86 Mil (TTM As of Dec. 2023)
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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. Invesco Mortgage Capital's Net Income for the three months ended in Dec. 2023 was $27.20 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-15.86 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Invesco Mortgage Capital's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.44.


Invesco Mortgage Capital Net Income Historical Data

The historical data trend for Invesco Mortgage Capital'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.

Invesco Mortgage Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 364.10 -1,674.35 -90.00 -402.92 -15.86

Invesco Mortgage Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 Premium Member Only Premium Member Only Premium Member Only 36.46 21.46 4.08 -68.60 27.20

Invesco Mortgage Capital 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

Invesco Mortgage Capital'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
=-15.859+0+0+0
=-15.86

Invesco Mortgage Capital'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
=27.199+0+0+0
=27.20

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 $-15.86 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.


Invesco Mortgage Capital  (NYSE:IVR) 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:

Invesco Mortgage Capital'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.


Invesco Mortgage Capital Net Income Related Terms

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Invesco Mortgage Capital (Invesco Mortgage Capital) Business Description

Address
1555 Peachtree Street, N.E., Suite 1800, Two Peachtree Pointe, Atlanta, GA, USA, 30309
Invesco Mortgage Capital Inc is a REIT that invests, finances, and manages residential and commercial mortgage-backed securities and mortgage loans. The company's portfolio consists of residential mortgage-backed securities (RMBS) that are guaranteed by a U.S. government agency such as the Government National Mortgage Association, or a federally chartered corporation such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; Commercial mortgage-backed securities (CMBS) that are not guaranteed by a U.S. government agency or a federally chartered corporation; RMBS that are not guaranteed by a U.S. government agency or a federally chartered corporation; and other real estate-related financing arrangements.
Executives
Carolyn L Gibbs director 1331 SPRING ST. NW, SUITE 2500, ATLANTA GA 30309
Katharine Kelley director 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Lientz James R Jr director GEORGIA POSER CO BIN 10240, 241 RALPH MCGILL BLVD, ATLANTA GA 30308
John Anzalone officer: Chief Investment Officer INVESCO LTD., 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Kevin M Collins officer: Executive Vice President 1555 PEACHTREE STREET NE, SUITE 1800, ATLANTA GA 30309
Phegley Richard Lee Jr. officer: Chief Financial Officer 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Don H Liu director 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Beth Zayicek director 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
David B Lyle officer: Executive Vice President 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
John Day director 1520 OLD TROLLEY ROAD, SUMMERVILLE SC 29485
Dennis P Lockhart director 100 GOLF ROAD, GOLF IL 60029
Brian Norris officer: Interim CIO 1555 PEACHTREE STREET, NE, SUITE 1800, ATLANTA GA 30309
Edward J Hardin director 5430 LBJ FREEWAY, SUIT 1700, DALLAS TX 75240
Mario Clemente other: Officer of Manager 1555 PEACHTREE STREET, NE, SUITE 1800, ATLANTA GA 30309
Loren M Starr director