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Arlington Asset Investment (Arlington Asset Investment) Net Income : $0.43 Mil (TTM As of Sep. 2023)


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What is Arlington Asset Investment 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. Arlington Asset Investment's Net Income for the three months ended in Sep. 2023 was $-6.61 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $0.43 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Arlington Asset Investment's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.26.


Arlington Asset Investment Net Income Historical Data

The historical data trend for Arlington Asset Investment'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.

Arlington Asset Investment Net Income Chart

Arlington Asset Investment 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 -91.80 13.74 -67.72 -9.52 5.43

Arlington Asset Investment Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.43 4.39 -2.22 4.87 -6.61

Arlington Asset Investment 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

Arlington Asset Investment'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
=9.544+-4.118+0+0
=5.43

Arlington Asset Investment's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-6.414+-0.199+0+-8.8817841970013E-16
=-6.61

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.43 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.


Arlington Asset Investment  (NYSE:AAIC) 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:

Arlington Asset Investment's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Arlington Asset Investment Net Income Related Terms

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Arlington Asset Investment (Arlington Asset Investment) Business Description

Traded in Other Exchanges
N/A
Address
6862 Elm Street, Suite 320, McLean, VA, USA, 22101
Arlington Asset Investment Corp is a U.S. based principal investment company. The company holds a leveraged MBS investment portfolio, including Agency MBS, private-label MBS, private-label interest-only MBS, and net long TBA positions, with Agency MBS accounting for the majority of total investment capital. Agency MBS consists of residential mortgage pass-through certificates, for which the U.S. government agency and government-sponsored enterprise guarantee the principal and interest payments. The company generates the majority of its total interest income from Agency MBS. The company focuses its business in the United States.
Executives
Daniel E Berce director 801 CHERRY STREET, SUITE 3900, C/O GM FINANCIAL COMPANY, INC., FORT WORTH TX 76102
Richard Ernst Konzmann officer: EVP, CFO and Treasurer 6862 ELM STREET, SUITE 320, MCLEAN VA 22101
Tonkel J Rock Jr director, officer: President and CEO 6862 ELM STREET, SUITE 320, MCLEAN VA 22101
Melinda H Mcclure director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Eric F Billings director, officer: Executive Chairman 1001 19TH STREET NORTH, SUITE 1900, ARLINGTON VA 22209
Michael Ralph S Iii director
Benjamin J. Strickler officer: See Remarks C/O ARLINGTON ASSET INVESTMENT CORP., 6862 ELM STREET, SUITE 320, MCLEAN VA 22101
David W Faeder director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Peter A Gallagher director 1001 19TH STREET NORTH, SUITE 1900, ARLINGTON VA 22209
Daniel Joseph Altobello director 6550 ROCK SPRING DR, SUITE 550, BETHESDA MD 20817
Nader Anthony P Iii director 6862 ELM STREET, SUITE 320, MCLEAN VA 22101
Kurt R Harrington officer: EVP, CFO and Treasurer 2529 VIRGINIA BEACH BOULEVARD, SUITE 200, VIRGINIA BEACH VA 23534
Wallace L Timmeny director 1122 INTERNATIONAL BLVD., SUITE 601, BURLINGTON A6 L7L 6Z8
Partners Group Alternative Strategies Pcc Ltd Gold Iota Cell 10 percent owner C/O PASSPORT MANAGEMENT, LLC, 30 HOTALING PLACE, STE. 300, SAN FRANCISCO CA 94111
Passport Capital, Llc 10 percent owner 1 LETTERMAN DRIVE, BUILDING A, SUITE A4-900, SAN FRANCISCO CA 94129

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