GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Radius Recycling Inc (NAS:RDUS) » Definitions » Net Income

RDUS (Radius Recycling) Net Income : $-286 Mil (TTM As of Nov. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Radius Recycling 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. Radius Recycling's Net Income for the three months ended in Nov. 2024 was $-37 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2024 was $-286 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Radius Recycling's Earnings per Share (Diluted) for the three months ended in Nov. 2024 was $-1.30.


Radius Recycling Net Income Historical Data

The historical data trend for Radius Recycling'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.

Radius Recycling Net Income Chart

Radius Recycling Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.15 165.11 168.80 -25.79 -266.41

Radius Recycling Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -17.96 -33.98 -198.39 -16.08 -37.17

Radius Recycling 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

Radius Recycling's Net Income for the fiscal year that ended in Aug. 2024 is calculated as

Net Income(A: Aug. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-321.433+55.285+-0.076+-0.18699999999995
=-266

Radius Recycling's Net Income for the quarter that ended in Nov. 2024 is calculated as

Net Income(Q: Nov. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-33.138+-3.791+0+-0.24400000000001
=-37

Net Income for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-286 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.


Radius Recycling  (NAS:RDUS) 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:

Radius Recycling's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 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.


Radius Recycling Net Income Related Terms

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


Radius Recycling Business Description

Traded in Other Exchanges
Address
299 SW Clay Street, Suite 400, Portland, OR, USA, 97201
Radius Recycling Inc is a North American Based company which is involved in recycling of ferrous and nonferrous metal, including end-of-life vehicles, and a manufacturer of finished steel products. As a vertically integrated organization, it offers products and services to meet world-wide demand through the network that includes fifty retail self-service auto parts stores, fifty four metals recycling facilities, and an electric arc furnace steel mill.
Executives
Steven Heiskell officer: SVP & Managing Director, APB 299 SW CLAY ST. SUITE 350, PORTLAND OR 97201
James Matthew Vaughn officer: SVP, GC, & Corp. Secretary ONE MEMORIAL PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Stefano R. Gaggini officer: Corporate Controller 299 SW CLAY ST. SUITE 350, PORTLAND OR 97201
Brian Souza officer: SVP, Chief Ops Mgmt Officer C/O SCHNITZER STEEL INDUSTRIES, INC., 299 SW CLAY ST., PORTLAND OR 97201
Michael R Henderson officer: SVP & Pres Metal Recyling Bus P O BOX 10047, PORTLAND OR 97296
Mark Schuessler officer: VP and CAO C/O SCHNITZER STEEL INDUSTRIES, INC., 299 SW CLAY ST., PORTLAND OR 97201
Gregory R Friedman director C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Wayland R Hicks director PO BOX 330608, MIAMIA FL 33233
Peter B Saba officer: SVP & General Counsel 6903 ROCKLEDGE DRIVE, BETHESDA MD 20817
Leslie L Shoemaker director TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Richard Peach officer: Deputy CFO 299 SW CLAY STREET, SUITE 350, PORTLAND OR 97201
John D Carter director, officer: President and CEO 17575 LITTLE RIVER DRIVE, BEND OR 97707
Glenda J Minor director 17000 ROTUNDA DRIVE, DEARBORN MI 48120
Wilson D Erich officer: SVP, Chief HR Officer 299 SW CLAY ST., SUITE 350, PORTLAND OR 97201
Jeffery Dyck officer: Pres. CascadeSteelRollingMills 299 SW CLAY STREET, PORTLAND OR 97201