GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Willdan Group Inc (NAS:WLDN) » Definitions » Net Income

Willdan Group (Willdan Group) Net Income : $10.9 Mil (TTM As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Willdan Group 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. Willdan Group's Net Income for the three months ended in Dec. 2023 was $8.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $10.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Willdan Group's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.58.


Willdan Group Net Income Historical Data

The historical data trend for Willdan Group'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.

Willdan Group Net Income Chart

Willdan Group 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 4.84 -14.50 -8.42 -8.45 10.93

Willdan Group 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 -0.43 0.93 0.40 1.57 8.03

Willdan Group 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

Willdan Group'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
=14.591+-3.665+0+1.7763568394003E-15
=10.9

Willdan Group'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
=9.984+-1.953+0+0
=8.0

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 $10.9 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.


Willdan Group  (NAS:WLDN) 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:

Willdan Group'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.


Willdan Group Net Income Related Terms

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


Willdan Group (Willdan Group) Business Description

Traded in Other Exchanges
Address
2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806
Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.
Executives
Creighton K Early officer: Vice President and CFO C/O WILLDAN GROUP INC., 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Michael A Bieber officer: SVP, Corporate Development 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Thomas Donald Brisbin director, officer: President and CEO 2401 E. KATELLA AVENUE, #300, ANAHEIM CA 92806
Micah Chen officer: General Counsel 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Forager Fund, L.p. 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE N SUITE 201, BIRMINGHAM AL 35203
Robert Symmes Macarthur 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE. N, SUITE 201, BIRMINGHAM AL 35203
Edward Urban Kissel 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE. N, SUITE 201, BIRMINGHAM AL 35203
Mohammad Shahidehpour director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Keith W Renken director PACIFIC GULF PROPERTIES INC, 4220 VON KARMAN SECOND FLOOR, NEWPORT BEACH CA 92660-2002
Dennis V Mcginn director 46415 MILLSTONE LANDING ROAD, LEXINGTON PARK MD 20653
Paul Milton Whitelaw officer: SVP, Business Development 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Wanda Kay Reder director C/O WILLDAN GROUP, 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Adam C Procell officer: EVP, Chief Strategy Officer C/O WILLDAN, 12401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Cynthia Downes director C/O WILLDAN GROUP, INC., 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Stacy B. Mclaughlin officer: Chief Financial Officer 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806