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Santander Consumer USA Holdings (Santander Consumer USA Holdings) Net Income : $3,085 Mil (TTM As of Sep. 2021)


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What is Santander Consumer USA 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. Santander Consumer USA Holdings's Net Income for the three months ended in Sep. 2021 was $763 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was $3,085 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Santander Consumer USA Holdings's Earnings per Share (Diluted) for the three months ended in Sep. 2021 was $2.49.


Santander Consumer USA Holdings Net Income Historical Data

The historical data trend for Santander Consumer USA 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.

Santander Consumer USA Holdings Net Income Chart

Santander Consumer USA Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 766.47 1,172.81 915.93 994.37 910.91

Santander Consumer USA Holdings Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 490.12 521.46 741.66 1,058.20 763.32

Santander Consumer USA 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

Santander Consumer USA Holdings's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1209.832+-298.921+0+-1.1368683772162E-13
=911

Santander Consumer USA Holdings's Net Income for the quarter that ended in Sep. 2021 is calculated as

Net Income(Q: Sep. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=971.931+-208.607+0+-1.1368683772162E-13
=763

Net Income for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,085 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.


Santander Consumer USA Holdings  (NYSE:SC) 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:

Santander Consumer USA Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2021 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.


Santander Consumer USA Holdings Net Income Related Terms

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Santander Consumer USA Holdings (Santander Consumer USA Holdings) Business Description

Traded in Other Exchanges
N/A
Address
160 Elm Street, Suite 800, Dallas, TX, USA, 75201
Santander Consumer USA Holdings Inc is a US-based consumer finance company focused on vehicle finance and third-party servicing. Its core business is the indirect origination of retail installment contracts, principally through manufacturer-franchised dealers in connection with their sale of new and used vehicles to retail consumers. The company operates its business in one reportable segment i.e. Consumer Finance which includes vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, RVs, and marine vehicles. It also includes personal loan and point-of-sale financing operations. The company's revenue consists of lease payment received, installments and other income.
Executives
Banco Santander, S.a. 10 percent owner CIUDAD GRUPO SANTANDER BOADILLA DEL MONTE MADRID U3 28660
Santander Holdings Usa, Inc. 10 percent owner 75 STATE STREET BOSTON MA 02109
Mahesh Aditya director, officer: President and CEO 75 STATE STREET BOSTON MA 02109
Joshua Baer officer: Chief Risk Officer 1601 ELM STREET, SUITE 800 DALLAS TX 75201
Sandra M Broderick officer: EVP, Head of Operations C/O SANTANDER CONSUMER USA HOLDINGS INC. 1601 ELM STREET, SUITE 800 DALLAS TX 75201
Christopher Keith Pfirrman officer: Chief Legal Officer C/O SANTANDER CONSUMER USA HOLDINGS INC. 1601 ELM STREET SUITE 800 DALLAS TX 75201
Mikenzie Sari officer: Chief Human Resources Officer C/O SANTANDER CONSUMER USA HOLDINGS INC. 1601 ELM STREET, SUITE 800 DALLAS TX 75201
Shawn Allgood officer: Please see remarks 1601 ELM STREET, SUITE 800 DALLAS TX 75201
Stephen A. Ferriss director 785 CRANDON BOULEVARD APT 1605 KEY BISCAINE FL 33149
William J Rainer director 800 SCUDDERS MILL ROAD PLAINSBORO NJ 08536
Dr. Homaira Akbari director 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
Edith E Holiday director FRANKLIN RESOURCES INC, 901 MARINERS ISLAND BLVD 6TH FL, SAN MATEO CA 94404
Robert Mccarthy director C/O SANTANDER CONSUMER USA HOLDINGS INC, 1601 ELM STREET, SUITE 800, DALLAS TX 75201
William F Muir director C/O SANTANDER CONSUMER USA HOLDINGS INC, 1601 ELM STREET SUITE 800, DALLAS TX 75201
Reza Leaali officer: Chief Technology Officer 1601 ELM STREET, SUITE 800 DALLAS TX 75201

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