GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Agrium Inc (TSX:AGU) » Definitions » Net Income

Agrium (TSX:AGU) Net Income : C$505 Mil (TTM As of Sep. 2017)


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

What is Agrium 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. Agrium's Net Income for the three months ended in Sep. 2017 was C$-311 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2017 was C$505 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Agrium's Earnings per Share (Diluted) for the three months ended in Sep. 2017 was C$-2.25.


Agrium Net Income Historical Data

The historical data trend for Agrium'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.

Agrium Net Income Chart

Agrium Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,478.76 1,129.86 823.39 1,354.84 789.67

Agrium Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -53.74 89.37 -14.73 740.53 -310.66

Agrium 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

Agrium's Net Income for the fiscal year that ended in Dec. 2016 is calculated as

Net Income(A: Dec. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1093.798+-298.794+0+-5.335
=790

Agrium's Net Income for the quarter that ended in Sep. 2017 is calculated as

Net Income(Q: Sep. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-124.018+39.293+-223.478+-2.456
=-311

Net Income for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was C$505 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.


Agrium  (TSX:AGU) 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:

Agrium's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2017 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.


Agrium Net Income Related Terms

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


Agrium (TSX:AGU) Business Description

Traded in Other Exchanges
N/A
Address
With more than 1,400 retail centers, Canada-based Agrium is the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, and seed directly to farm customers. The company's wholesale business produces and markets the three main crop nutrients--nitrogen, potash, and phosphate--with natural resources located mainly in Canada and the United States. The bulk of Agrium's sales are generated in the U.S., Canada, and Australia.

Agrium (TSX:AGU) Headlines

From GuruFocus

Agrium Has 50% Upside? One Hedge Fund Thinks So

By Carmine Romano Carmine Romano 10-02-2012

Analyzing Jeff Ubben's Top Picks: Agrium (AGU)

By Ashish Sharma Lalitsharma 03-19-2015

Five Companies Hit 52-Week Highs

By yifan900 yifan900 02-06-2018

Buy Agrium Despite of Recent Miss

By Ashish Sharma Lalitsharma 05-14-2015

3 Canadian Dividend Stocks You Should Consider

By Dividend Dividend 03-11-2015

David Dreman Sells St. Jude Medical, Ford

By Tiziano Frateschi Tiziano Frateschi 12-17-2016

Agrium is Considering Sale of its Phosphate Business

By Ashish Sharma Lalitsharma 05-26-2015

This Fertilizer Stock Offer a Good Margin of Safety

By Ashish Sharma Lalitsharma 04-09-2015