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World Wrestling Entertainment (World Wrestling Entertainment) Net Income : $169 Mil (TTM As of Jun. 2023)


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What is World Wrestling Entertainment 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. World Wrestling Entertainment's Net Income for the three months ended in Jun. 2023 was $52 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $169 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. World Wrestling Entertainment's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $0.66.


World Wrestling Entertainment Net Income Historical Data

The historical data trend for World Wrestling Entertainment'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.

World Wrestling Entertainment Net Income Chart

World Wrestling Entertainment Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.59 77.06 131.77 177.41 195.59

World Wrestling Entertainment Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 49.10 41.62 38.83 36.68 52.00

World Wrestling Entertainment 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

World Wrestling Entertainment's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=264.381+-68.793+0+2.8421709430404E-14
=196

World Wrestling Entertainment's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=80.825+-28.824+0+-7.105427357601E-15
=52

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $169 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.


World Wrestling Entertainment  (NYSE:WWE) 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:

World Wrestling Entertainment's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


World Wrestling Entertainment Net Income Related Terms

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World Wrestling Entertainment (World Wrestling Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
1241 East Main Street, Stamford, CT, USA, 06902
World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events. Its segments include Media, Live Events, and Consumer Products. The majority of its revenue comes from the Media segment, which includes the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The geographical segments are North America, which accounts for the majority of revenue; Europe/Middle East/Africa; Asia Pacific; and Latin America.
Executives
Karen M Mullane officer: Controller & Chief Accting Off C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11201
Rajan Mehta officer: EVP, Chief Product & Tech Off 1241 EAST MAIN STREET, STAMFORD CT 06902
Suzette Ramirez-carr officer: EVP, Chief Human Resources Off 1241 EAST MAIN STREET, STAMFORD CT 06902
Steve Pamon director 1241 E MAIN ST, STAMFORD CT 06902-3520
Steven R Koonin director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Mckenna Michelle director 20 DAVIS DRIVE, BELMONT CA 94002
Nick Khan director, officer: Chief Executive Officer 1241 EAST MAIN STREET, STAMFORD CT 06902
Maurice F Edelson officer: EVP, Chief Legal Officer 1241 EAST MAIN STREET, STAMFORD CT 06902
Dillon Joellen Lyons director BUILDING 4, TRIDENT PLACE, MOSQUITO WAY, HATFIELD, HARTFORDSHIRE X0 AL 109UL
Riddick Frank A Iii officer: President & CFO C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Ignace Lahoud director 1241 EAST MAIN STREET, STAMFORD CT 06902
Kevin Dunn officer: Exec Prod. & Chief Glob. Telev 1241 EST MAIN STREET, STAMFORD CT 06902
Elisebeth Collins officer: SVP General Counsel & Corp Sec 1241 EAST MAIN STREET, STAMFORD CT 06902
Bradley Blum officer: EVP, Operations & COS 1241 EAST MAIN STREET, STAMFORD CT 06902
Samira Shah officer: EVP, General Counsel & Corp Se 1241 EAST MAIN STREET, STAMFORD CT 06902