GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Frasers Group PLC (LSE:FRAS) » Definitions » Net Income

Frasers Group (LSE:FRAS) Net Income : £534 Mil (TTM As of Oct. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Frasers Group 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. Frasers Group's Net Income for the six months ended in Oct. 2023 was £234 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2023 was £534 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Frasers Group's Earnings per Share (Diluted) for the six months ended in Oct. 2023 was £0.53.


Frasers Group Net Income Historical Data

The historical data trend for Frasers Group'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.

Frasers Group Net Income Chart

Frasers Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.00 93.80 -83.00 249.80 488.00

Frasers Group Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 138.20 111.60 188.70 299.30 234.20

Frasers Group 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

Frasers Group's Net Income for the fiscal year that ended in Apr. 2023 is calculated as

Net Income(A: Apr. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=634.3+-159.3+26.3+-13.3
=488

Frasers Group's Net Income for the quarter that ended in Oct. 2023 is calculated as

Net Income(Q: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=310.2+-75.6+0+-0.40000000000001
=234

Net Income for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £534 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.


Frasers Group  (LSE:FRAS) 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:

Frasers Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 2023 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.


Frasers Group Net Income Related Terms

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


Frasers Group (LSE:FRAS) Business Description

Traded in Other Exchanges
Address
Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY
Frasers Group PLC is a U.K. sports goods retailer. The company operates stores in the United Kingdom and continental Europe, including premium lifestyle stores in the U.K. The diversified portfolio, consists of globally recognized brands, such as Dunlop, Lonsdale, Nike, Adidas, Under Armour, Puma, Karrimor, Kangol, Slazenger, Everlast, No Fear, and Firetrap, among others. Sports Direct International sells through stand-alone stores and multi-fascia retail spaces, department stores, and online. The premium lifestyle portfolio operates under the Flannels, Cruise, USC, and Van Mildert fascias.

Frasers Group (LSE:FRAS) Headlines

No Headlines