GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SGS AG (OTCPK:SGSOF) » Definitions » Net Income

SGSOF (SGS AG) Net Income : $624 Mil (TTM As of Jun. 2024)


View and export this data going back to 2013. Start your Free Trial

What is SGS AG 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. SGS AG's Net Income for the six months ended in Jun. 2024 was $299 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was $624 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SGS AG's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was $1.60.


SGS AG Net Income Historical Data

The historical data trend for SGS AG'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.

SGS AG Net Income Chart

SGS AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 671.69 540.30 665.58 631.17 639.45

SGS AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 284.48 334.91 302.09 324.93 298.73

SGS AG 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

SGS AG'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
=927.382+-237.049+0+-50.879
=639

SGS AG'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
=431.864+-110.763+0+-22.376
=299

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 $624 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.


SGS AG  (OTCPK:SGSOF) 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:

SGS AG'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.


SGS AG Net Income Related Terms

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


SGS AG Business Description

Traded in Other Exchanges
Address
1 Place des Alpes, P.O. Box 2152, Geneva, CHE, CH-1211
Switzerland-listed SGS is the largest and one of the oldest companies in the testing, inspection, and certification industry. The company's primary activities involve testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure global/company standards. SGS is one of only four TIC companies that operate globally across numerous industries, including agriculture, food and life science, and transport services. SGS was first listed in 1981 and employs almost 100,000 people worldwide.

SGS AG Headlines

From GuruFocus

Half Year 2023 SGS SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Full Year 2019 SGS SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

SGS AG's Dividend Analysis

By GuruFocus Research 04-01-2024

Full Year 2023 SGS SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Half Year 2022 SGS SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

SGS SA Annual Shareholders Meeting Transcript

By GuruFocus Research 03-27-2024

Half Year 2019 SGS SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Full Year 2022 SGS SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Half Year 2020 SGS SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Half Year 2021 SGS SA Earnings Call Transcript

By GuruFocus Research 02-14-2024