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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. Primo Water's Net Income for the three months ended in Sep. 2024 was $39 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $257 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Primo Water's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $0.24.
The historical data trend for Primo Water'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.
Primo Water Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Income | Get a 7-Day Free Trial |
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2.90 | -131.70 | -3.20 | 29.60 | 238.10 |
Primo Water 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 |
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33.40 | 177.60 | 25.00 | 16.00 | 38.60 |
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
Primo Water'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 |
= | 90.8 | + | -27 | + | 174.3 | + | -2.8421709430404E-14 |
= | 238 |
Primo Water'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 |
= | 52.1 | + | -13.9 | + | 0.4 | + | 0 |
= | 39 |
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 $257 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.
Primo Water (NYSE:PRMW) 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:
Primo Water's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as
Earnings per Share (Diluted) (Q: Sep. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (38.6 | - | 0) | / | 162.062 | |
= | 0.24 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of Primo Water's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Billy D Prim | director | 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101 |
Mercedes Romero | officer: Chief Procurement Officer | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
Britta Bomhard | director | 500 CHARLES EWING BLVD, EWING NJ 08628 |
Derek R. Lewis | director | 1150 ASSEMBLY DR., SUITE 800, TAMPA FL 33607-4853 |
Lori Tauber Marcus | director | C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094 |
Archana Singh | director | 111 RIVER STREET, HOBOKEN NJ 08559 |
Steven P Stanbrook | director | 1525 HOWE ST, RACINE WI 53403 |
Susan E. Cates | director | 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101 |
Eric J Foss | director | |
Thomas Harrington | officer: Chief Executive Officer | 5519 IDLEWILD AVENUE, TAMPA FL 33634 |
William Alan Jamieson | officer: Global CIO | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
David W. Hass | officer: Chief Financial Officer | 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101 |
Jason R Ausher | officer: Chief Accounting Officer | 110 CORPORATE DRIVE, SUITE 10, PORTSMOUTH NH 03801 |
Anne Melaragni | officer: Chief Human Resources Officer | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
Marni Morgan Poe | officer: Chief Legal Officer/Secretary | 5519 W. IDLEWILD AVENUE, TAMPA FL 33634 |
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