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Advanced Energy Industries (Advanced Energy Industries) Net Income : $128 Mil (TTM As of Dec. 2023)


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What is Advanced Energy Industries 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. Advanced Energy Industries's Net Income for the three months ended in Dec. 2023 was $38 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $128 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Advanced Energy Industries's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.00.


Advanced Energy Industries Net Income Historical Data

The historical data trend for Advanced Energy Industries'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.

Advanced Energy Industries Net Income Chart

Advanced Energy Industries 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 64.94 134.68 134.74 199.66 128.28

Advanced Energy Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 43.75 30.92 27.14 32.72 37.50

Advanced Energy Industries 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

Advanced Energy Industries'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
=122.461+8.288+-2.465+0
=128

Advanced Energy Industries's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=16.198+21.693+-0.389+0
=38

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $128 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.


Advanced Energy Industries  (NAS:AEIS) 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:

Advanced Energy Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Advanced Energy Industries Net Income Related Terms

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Advanced Energy Industries (Advanced Energy Industries) Business Description

Traded in Other Exchanges
Address
1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.
Executives
Anne Delsanto director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Ronald C Foster director 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Paul R Oldham officer: EVP, CFO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Lanesha Minnix director TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
John Donaghey officer: EVP, Global Sales 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Brian Shirley director 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Elizabeth Karpinski Vonne officer: EVP, General Counsel 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Eduardo Bernal Acebedo officer: EVP and COO 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Reed David director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Stephen Douglas Kelley officer: President and CEO 1900 S. PRICE ROAD, CHANDLER AZ 85286
Yuval Wasserman officer: EVP, Sales, Service & Mktg 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Dana Edward Huth officer: CHIEF REVENUE OFFICER 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Thomas O Mcgimpsey officer: EVP Gen Counsel & Corp Sec 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Neil David Brinker officer: EVP, COO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525