GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Curtiss-Wright Corp (NYSE:CW) » Definitions » Net Income

CW (Curtiss-Wright) Net Income : $407 Mil (TTM As of Sep. 2024)


View and export this data going back to 1969. Start your Free Trial

What is Curtiss-Wright 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. Curtiss-Wright's Net Income for the three months ended in Sep. 2024 was $111 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $407 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Curtiss-Wright's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $2.89.


Curtiss-Wright Net Income Historical Data

The historical data trend for Curtiss-Wright'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.

Curtiss-Wright Net Income Chart

Curtiss-Wright 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 307.58 201.39 262.83 294.35 354.51

Curtiss-Wright 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 96.78 119.89 76.50 99.47 111.16

Curtiss-Wright 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

Curtiss-Wright'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
=463.07+-108.561+0+0
=355

Curtiss-Wright'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
=143.621+-32.461+0+-1.4210854715202E-14
=111

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 $407 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.


Curtiss-Wright  (NYSE:CW) 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:

Curtiss-Wright'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.


Curtiss-Wright Net Income Related Terms

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


Curtiss-Wright Business Description

Traded in Other Exchanges
Address
130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036
Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems and weapons handling systems, pumps, valves, and other solutions. The diversified global company attempts to deliver products on high-performance platforms that require technical sophistication. It has three operating segments based on the markets serviced: Naval & Power which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems also generate the majority of revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics.
Executives
John C Watts officer: Vice President Bus Dev & Strat C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Glenda J Minor director 17000 ROTUNDA DRIVE, DEARBORN MI 48120
K Christopher Farkas officer: Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Paul J Ferdenzi officer: Vice President - HR 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Lynn J Bamford director, officer: President and CEO 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Robert J Freda officer: Vice President and Treasurer C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Kevin Rayment officer: Vice President and COO C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
S Marce Fuller director MIRANT CORPORATION, 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Gary A Ogilby officer: VP & Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
David Charles Adams officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Larry D Wyche director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
William F Moran director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Anthony J Moraco director 1710 SAIC DRIVE, MCLEAN VA 22102
Tom P Quinly officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Harry Jakubowitz officer: Treasurer C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068