MOOV (Moove Lubricants Holdings) Net Income: $110.27 Mil (TTM As of Jun. 2024)

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What is Moove Lubricants Holdings Net Income?

Moove Lubricants Holdings MOOV Net Income is $110.27 Mil as of Jun. 2024.

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. Moove Lubricants Holdings's Net Income for the six months ended in Jun. 2024 was $44.11 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was $110.27 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Moove Lubricants Holdings's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was $0.40.


Moove Lubricants Holdings  (NYSE:MOOV) 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:

Moove Lubricants Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Moove Lubricants Holdings Net Income Related Terms


Moove Lubricants Holdings Net Income Historical Data

* Premium members only.

The historical data trend for Moove Lubricants Holdings'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.

Moove Lubricants Holdings Net Income Chart

Moove Lubricants Holdings Annual Data
Trend Dec21 Dec22 Dec23
Net Income
50.91 78.91 54.23

Moove Lubricants Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Net Income 0.00 0.00 -12.06 66.17 44.11

Moove Lubricants Holdings 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

Moove Lubricants Holdings'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
=122.705+-68.421+0+-0.05899999999999
=54.23

Moove Lubricants Holdings's Net Income for the quarter that ended in Jun. 2024 is calculated as

Net Income(Q: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=67.126+-23.016+0+-0.0050000000000097
=44.11

Net Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $110.27 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 $110.27 Mil mean?
Moove Lubricants Holdings (MOOV) has a Net Income of $110.27 Mil as of Jun. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Moove Lubricants Holdings and its competitors.
Is Moove Lubricants Holdings' Net Income too high?
Moove Lubricants Holdings' current Net Income is $110.27 Mil.
How does Moove Lubricants Holdings' Net Income compare to ?
Moove Lubricants Holdings' Net Income of $110.27 Mil can be compared against companies in the Chemicals 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 a Chemicals company?
A good Net Income depends on the Chemicals 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 Moove Lubricants Holdings and its competitors. Moove Lubricants Holdings's current Net Income is $110.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moove Lubricants Holdings stock overvalued right now?
Moove Lubricants Holdings (MOOV) has a current Net Income of $110.27 Mil. The current Net Income is $110.27 Mil. 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 Moove Lubricants Holdings (MOOV), the current Net Income is $110.27 Mil as of Jun. 2024. 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.

Moove Lubricants Holdings Business Description

Comparable Companies
Address Av. Brigadeiro Faria Lima, 4,100 - 8th Floor, Sao Paul, SP, BRA, 04538-132
Moove Lubricants Holdings is a lubricants solutions provider. The company specializes in the formulation, manufacturing, distribution, marketing, selling and servicing of lubricant products across a diverse range of end markets and customers.