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Rayonier Advanced Materials (Rayonier Advanced Materials) Net Income : $-102 Mil (TTM As of Dec. 2023)


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What is Rayonier Advanced Materials 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. Rayonier Advanced Materials's Net Income for the three months ended in Dec. 2023 was $-62 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-102 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Rayonier Advanced Materials's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.94.


Rayonier Advanced Materials Net Income Historical Data

The historical data trend for Rayonier Advanced Materials'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.

Rayonier Advanced Materials Net Income Chart

Rayonier Advanced Materials 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 -22.45 0.56 66.41 -14.92 -101.84

Rayonier Advanced Materials 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 3.59 1.61 -16.75 -25.10 -61.59

Rayonier Advanced Materials 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

Rayonier Advanced Materials'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
=-132.474+32.311+0.312+-1.984
=-102

Rayonier Advanced Materials'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
=-82.283+21.084+0+-0.393
=-62

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 $-102 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.


Rayonier Advanced Materials  (NYSE:RYAM) 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:

Rayonier Advanced Materials'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.


Rayonier Advanced Materials Net Income Related Terms

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Rayonier Advanced Materials (Rayonier Advanced Materials) Business Description

Traded in Other Exchanges
Address
1301 Riverplace Boulevard, Suite 2300, Jacksonville, FL, USA, 32207
Rayonier Advanced Materials Inc manufactures high-purity cellulose derived from wood. Also known as cellulose specialties, the company's products are used in a variety of applications, including cigarette filters, liquid crystal displays, paints, pharmaceuticals, and food. The company operates in the reportable segments of High Purity Cellulose, Paperboard, High-Yield Pulp, and Corporate and Other. The key revenue is derived from the High Purity Cellulose segment. Geographically, it derives a majority of revenue from the United States.
Executives
Bryan D Yokley director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Posze James L Jr officer: SVP, Human Resources 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Joshua C. Hicks officer: SVP, High Purity Cellulose 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Delyle W Bloomquist director RAYONIER ADVANCED MATERIALS INC., 1301 RIVERPLACE BLVD., SUITE 2300, JACKSONVILLE FL 32207
Lisa M Palumbo director C/O EDO CORP, 60 EAST 42ND STREET 42ND FL, NEW YORK NY 10165
Michael D Osborne officer: Vice President, Manufacturing 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Charles R Eggert director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Vito J Consiglio director, officer: President and CEO RAYONIER ADVANCED MATERIALS INC., 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Ribeyrolle Christian Antoine Lucien officer: Vice President, Biomaterials 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Kenneth James Duffy officer: VP, Sales & Marketing, HYP etc 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Charles E Adair director
Gabriela Garcia officer: CAO, VP, Corporate Controller 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Anthony R Matthews officer: VP, Supply Chain 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
David C Mariano director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207