HPS (John Hancock Preferredome Fund III) Net Income: $37.74 Mil (TTM As of Jan. 2026)

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HPS John Hancock Preferred Income Fund III HPS
30 GF Score
Price $14.23
! 6 Warning Signs
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What is John Hancock Preferredome Fund III Net Income?

John Hancock Preferredome Fund III HPS 30 Net Income is $37.74 Mil as of Jan. 2026. GuruFocus rates HPS with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

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. John Hancock Preferredome Fund III's Net Income for the six months ended in Jan. 2026 was $23.72 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2026 was $37.74 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. John Hancock Preferredome Fund III's Earnings per Share (Diluted) for the six months ended in Jan. 2026 was $0.73.


John Hancock Preferredome Fund III  (NYSE:HPS) 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:

John Hancock Preferredome Fund III's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2026 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.


John Hancock Preferredome Fund III Net Income Related Terms


John Hancock Preferredome Fund III Net Income Historical Data

* Premium members only.

The historical data trend for John Hancock Preferredome Fund III'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.

John Hancock Preferredome Fund III Net Income Chart

John Hancock Preferredome Fund III Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net Income
Get a 7-Day Free Trial Premium Member Only 109.26 -33.96 -30.75 65.54 38.93

John Hancock Preferredome Fund III Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 36.29 29.25 24.92 14.02 23.72
HPS
30GF Score
John Hancock Preferred Income Fund III HPS
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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John Hancock Preferredome Fund III 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

John Hancock Preferredome Fund III's Net Income for the fiscal year that ended in Jul. 2025 is calculated as

Net Income(A: Jul. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=38.933+0+0+0
=38.93

John Hancock Preferredome Fund III's Net Income for the quarter that ended in Jan. 2026 is calculated as

Net Income(Q: Jan. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=23.721+0+0+0
=23.72

Net Income for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $37.74 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $37.74 Mil mean?
John Hancock Preferredome Fund III (HPS) has a Net Income of $37.74 Mil as of Jan. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on John Hancock Preferredome Fund III and its competitors.
Is John Hancock Preferredome Fund III's Net Income too high?
John Hancock Preferredome Fund III's current Net Income is $37.74 Mil. Overall, John Hancock Preferredome Fund III has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund III's Net Income compare to NBB and VVR?
John Hancock Preferredome Fund III's Net Income of $37.74 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Asset Management company?
A good Net Income depends on the Asset Management industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on John Hancock Preferredome Fund III and its competitors. John Hancock Preferredome Fund III's current Net Income is $37.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund III stock overvalued right now?
John Hancock Preferredome Fund III (HPS) has a current Net Income of $37.74 Mil. The current Net Income is $37.74 Mil. John Hancock Preferredome Fund III's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For John Hancock Preferredome Fund III (HPS), the current Net Income is $37.74 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

John Hancock Preferredome Fund III Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
30GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.23
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