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Orbital ATK (Orbital ATK) Net Income : $345.00 Mil (TTM As of Mar. 2018)


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What is Orbital ATK 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. Orbital ATK's Net Income for the three months ended in Mar. 2018 was $101.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2018 was $345.00 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Orbital ATK's Earnings per Share (Diluted) for the three months ended in Mar. 2018 was $3.16.


Orbital ATK Net Income Historical Data

The historical data trend for Orbital ATK'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.

Orbital ATK Net Income Chart

Orbital ATK Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 271.81 117.03 195.00 293.00 310.00

Orbital ATK Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 66.00 88.00 94.00 62.00 101.00

Orbital ATK 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

Orbital ATK's Net Income for the fiscal year that ended in Dec. 2017 is calculated as

Net Income(A: Dec. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=462+-152+0+0
=310.00

Orbital ATK's Net Income for the quarter that ended in Mar. 2018 is calculated as

Net Income(Q: Mar. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=122+-21+0+0
=101.00

Net Income for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $345.00 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.


Orbital ATK  (NYSE:OAW) 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:

Orbital ATK's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2018 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.


Orbital ATK Net Income Related Terms

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Orbital ATK (Orbital ATK) Business Description

Traded in Other Exchanges
N/A
Address
Orbital ATK is a globally integrated aerospace and defense company that builds and delivers space, defense, and aviation-related systems. The company collaborates with other companies during aircraft development programs and uses contracts to ensure future revenue. Numerous sales have come from contracts with agencies of the U.S. government. One aspect of the company offers engineering, manufacturing, and program management services to civil government and military space agencies. Many projects require significant investments in research and development to help with customization for clients.