GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rolls-Royce Holdings PLC (OTCPK:RYCEF) » Definitions » Net Income

Rolls-Royce Holdings (Rolls-Royce Holdings) Net Income : $3,049 Mil (TTM As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Rolls-Royce Holdings 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. Rolls-Royce Holdings's Net Income for the six months ended in Dec. 2023 was $1,497 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $3,049 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Rolls-Royce Holdings's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was $0.18.


Rolls-Royce Holdings Net Income Historical Data

The historical data trend for Rolls-Royce Holdings'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.

Rolls-Royce Holdings Net Income Chart

Rolls-Royce Holdings 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 -1,723.46 -4,260.75 159.57 -1,545.68 3,053.17

Rolls-Royce Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -363.03 -1,913.79 347.14 1,551.77 1,497.47

Rolls-Royce Holdings 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

Rolls-Royce Holdings'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
=3072.152+-29.114+0+10.127
=3,053

Rolls-Royce Holdings'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
=1275.949+218.987+0+2.5319999999999
=1,497

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3,049 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.


Rolls-Royce Holdings  (OTCPK:RYCEF) 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:

Rolls-Royce Holdings'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.


Rolls-Royce Holdings Net Income Related Terms

Thank you for viewing the detailed overview of Rolls-Royce Holdings's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Rolls-Royce Holdings (Rolls-Royce Holdings) Business Description

Traded in Other Exchanges
Address
90 York Way, Kings Place, London, GBR, N1 9FX
Rolls-Royce operates three core business segments: civil aerospace, power systems, and defense. The civil aerospace segment builds engines powering wide-body aircraft, regional and business jets, and offers aftermarket services. Twenty years ago, the firm pioneered full-service flight hour contracts with the TotalCare package. Power systems provides power solutions to multiple end markets (defense, agriculture, marine, and power generation) while the defense business provides military, ground vehicle and naval propulsion solutions.

Rolls-Royce Holdings (Rolls-Royce Holdings) Headlines

From GuruFocus

David Herro Comments on Rolls-Royce

By Sydnee Gatewood Sydnee Gatewood 10-13-2020

Mario Gabelli Comments on Rolls-Royce Holding PLC

By Vera Yuan Vera Yuan 07-30-2014

Causeway International Value Fund Buys Rolls-Royce, Dumps Aviva

By Margaret Moran Margaret Moran 03-01-2021

Rolls-Royce Catching Up Quickly With Rivals

By Market News Forum Market News Forum 02-23-2015

Rolls Royce and the Sequoia letter

By Bronte Capital Bronte Capital 03-15-2015

Ruane Cunniff Comments on Rolls-Royce

By Sydnee Gatewood Sydnee Gatewood 01-24-2020

ROLLS-ROYCE Will Soon Unveil Its Range Of ATVs

By reports.droy reports.droy 02-19-2015

David Herro Comments on Rolls-Royce

By Sydnee Gatewood Sydnee Gatewood 01-09-2020