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Time Warner Cable (Time Warner Cable) Net Income : $1,880 Mil (TTM As of Mar. 2016)


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What is Time Warner Cable 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. Time Warner Cable's Net Income for the three months ended in Mar. 2016 was $494 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2016 was $1,880 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Time Warner Cable's Earnings per Share (Diluted) for the three months ended in Mar. 2016 was $1.72.


Time Warner Cable Net Income Historical Data

The historical data trend for Time Warner Cable'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.

Time Warner Cable Net Income Chart

Time Warner Cable Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,665.00 2,155.00 1,954.00 2,031.00 1,844.00

Time Warner Cable Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 458.00 463.00 437.00 486.00 494.00

Time Warner Cable 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

Time Warner Cable's Net Income for the fiscal year that ended in Dec. 2015 is calculated as

Net Income(A: Dec. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2988+-1144+0+0
=1,844

Time Warner Cable's Net Income for the quarter that ended in Mar. 2016 is calculated as

Net Income(Q: Mar. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=806+-312+0+0
=494

Net Income for the trailing twelve months (TTM) ended in Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,880 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.


Time Warner Cable  (NYSE:TWC) 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:

Time Warner Cable's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2016 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.


Time Warner Cable Net Income Related Terms

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Time Warner Cable (Time Warner Cable) Business Description

Traded in Other Exchanges
N/A
Address
Time Warner Cable Inc was incorporated as a Delaware corporation on March 21, 2003. The Company provides video, high-speed data and voice services in five geographic areas: New York State, the Carolinas, the Midwest, Southern California and Texas. The Company has three reportable segments: Residential Services, Business Services and Other Operations. Its video service provides over 300 channels and 20,000 video-on-demand choices. It offers tiers and packages of video programming and music services. Its residential video subscribers also may subscribe to premium network programming, such as Cinemax, EPIX, HBO, Showtime and Starz. The Company offers high-speed data service tiers, each with attributes tailored to meet the different needs its subscribers providing from up to 2 to up to 300 mbps downstream levels. Its high-speed data service also provides communication tools and personalized services, including email, PC security, parental controls and online radio, at no additional charge. The Company offers IntelligentHome, a security and home management service, in substantially all of its operating areas. It offers networking, voice, video, hosting and cloud computing services. The Company offers business customers a data services, including Internet access, network services and wholesale transport services. It also offers video programming tiers, music services and voice services including multi-line phone service and trunk service. The Company's Other Operations segment consists of Time Warner Cable Media, the advertising sales arm, its local sports, news and lifestyle channels and SportsNet LA. The Company delivers video, data and voice services over a network that includes a nationwide fiber backbone, fiber-rich regional and metro rings, and last mile connections to customers' homes and businesses. It contracts with third parties for goods and services related to the delivery of its video, high-speed data and voice services. The Company's residential video, high-speed data and voice services face competition from AT&T, CenturyLink, Inc., Cincinnati Bell Inc, Fairpoint Communications Inc, Frontier Communications Corp, Hawaiian Telcom Holdco Inc, Verizon and Windstream Corp. Its residential video and high-speed data services compete with Google's video and broadband services.
Executives
Donna James director ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215
John E Sununu director C/O BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Copeland James E Jr director 2500 WINDY RIDGE PARKWAY, ATLANTA GA 30339
Robert D Marcus director, officer: Chairman & CEO C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Nicholas Nicholas J Jr director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Thomas H Castro director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Osbourn William F Jr officer: SVP, Chief Acct Off & Co-CFO C/O TIME WARNER CABLE, 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Matthew Siegel officer: SVP & Treasurer and Co-CFO C/O TIME WARNER CABLE, 60 COLUMBUS CIRCLE, NEW YORK NY 10023
Edward D Shirley director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Carole Black director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
David C Chang director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Glenn Britt director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Melinda Witmer officer: EVP, Chf Video & Content Offcr C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Joan H Gillman officer: EVP & COO, Media Services C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Irene M Esteves officer: EVP & CFO C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023

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