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ATKR (Atkore) Net Income : $473 Mil (TTM As of Sep. 2024)


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What is Atkore 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. Atkore's Net Income for the three months ended in Sep. 2024 was $73 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $473 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Atkore's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $2.05.


Atkore Net Income Historical Data

The historical data trend for Atkore'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.

Atkore Net Income Chart

Atkore Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.30 587.86 913.43 689.90 472.87

Atkore Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 140.93 138.38 137.96 123.42 73.12

Atkore 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

Atkore's Net Income for the fiscal year that ended in Sep. 2024 is calculated as

Net Income(A: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=587.237+-114.365+0+5.6843418860808E-14
=473

Atkore's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=91.878+-18.759+0+0
=73

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $473 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.


Atkore  (NYSE:ATKR) 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:

Atkore's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 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.


Atkore Net Income Related Terms

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Atkore Business Description

Traded in Other Exchanges
Address
16100 South Lathrop Avenue, Harvey, IL, USA, 60426
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments; Electrical and Safety and Infrastructure. Net sales are highest in the electrical business line. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tubes, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets. Geographically, the company derives its key revenue from the United States.
Executives
Jeri L Isbell director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
Waltz William E Jr. officer: President, Conduit & Fittings 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Daniel S Kelly officer: VP, General Counsel and Sec. 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Mark F. Lamps officer: Pres. Mech. Prods. & Solutions 16100 S. LATHROP AVENUE, HARVEY IL 60426
James Wilbert W Jr director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
A Mark Zeffiro director 2600 W. BIG BEAVER ROAD, SUITE 555, TROY MI 48084
Leangela W. Lowe officer: VP, Global Human Resources 16100 S. LATHROP AVENUE, HARVEY IL 60426
Justin A Kershaw director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
David Paul Johnson officer: Vice President and CFO 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
John W Pregenzer officer: President, Electrical 16100 S LATHROP AVENUE, HARVEY IL 60426
Scott H Muse director C/O RICHARD W DAVIES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
Barbara Joanne Edwards director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
William Vanarsdale director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Peter J Lariviere officer: President, Cable Solutions 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Michael J Schulte officer: Pres, Mech. Prods. & Solutions 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426