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OneBeacon Insurance Group (OneBeacon Insurance Group) Net Income : $69 Mil (TTM As of Jun. 2017)


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What is OneBeacon Insurance 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. OneBeacon Insurance Group's Net Income for the three months ended in Jun. 2017 was $-0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2017 was $69 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. OneBeacon Insurance Group's Earnings per Share (Diluted) for the three months ended in Jun. 2017 was $-0.00.


OneBeacon Insurance Group Net Income Historical Data

The historical data trend for OneBeacon Insurance 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.

OneBeacon Insurance Group Net Income Chart

OneBeacon Insurance Group 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 -19.20 145.70 32.90 36.80 107.40

OneBeacon Insurance Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 24.50 28.30 8.20 32.10 -0.10

OneBeacon Insurance 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

OneBeacon Insurance Group'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
=96.1+12.5+0+-1.2
=107

OneBeacon Insurance Group's Net Income for the quarter that ended in Jun. 2017 is calculated as

Net Income(Q: Jun. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.4+2.7+0+-0.4
=-0

Net Income for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $69 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.


OneBeacon Insurance Group  (NYSE:OB) 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:

OneBeacon Insurance Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


OneBeacon Insurance Group Net Income Related Terms

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OneBeacon Insurance Group (OneBeacon Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
OneBeacon Insurance Group Ltd is a specialty property and casualty insurance writer. It offers a wide range of insurance products primarily in the US market through independent agencies, regional and national brokers, wholesalers and managing general agencies. Business activity of the group is further divided in to various segments such as Specialty Products, Specialty Industries, and Investing, Financing and Corporate. Its geographical area of operation includes California, New York, Texas, District of Columbia, Florida and Other and derives most of the revenue through premium and investment income.
Executives
Kent D Urness director 1 BEACON LANE, CANTON MA 02021
John C Treacy officer: SVP & Chief Accounting Officer 601 CARLSON PARKWAY, SUITE 600, MINNETONKA MN 55305
T Michael Miller director, officer: President & CEO C/O ONEBEACON INSURANCE GROUP, LTD, 1 BEACON LANE, CANTON MA 02021
Paul H. Mcdonough officer: EVP & Chief Financial Officer ONE BEACON LANE, CANTON MA 02021
Morgan W Davis director 80 SOUTH MAIN STREET, HANOVER NH 03755
Lowndes Andrew Smith director C/O WHITE MOUNTIAN INSURANCE GROUP, 80 S MIAN ST, HANOVER NH 03755
Patrick A Thiele director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
George Manning Rountree director C/O 80 SOUTH MAIN STREET, HANOVER NH 03755
Michael J Mcsally officer: SVP OneBeacon Insurance Co. 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Kevin James Rehnberg officer: SVP, OneBeacon Insurance Co. C/O ONEBEACON INSURANCE GROUP, LTD, 1 BEACON LANE, CANTON MA 02021
Barrette Raymond Joseph Rene director C/O WHITE MOUNTAINS INS, 80 S. MAIN ST, HANOVER NH 03755
Allan Lewis Waters director 14 WESLEY STREET, HAMILTON D0 HM11
Steven Elliot Fass director 10 DEPUTY MINISTER DR, COLTS NECK NJ 07722
Reid Tarlton Campbell director C/O WHITE MOUNTAINS INSURANCE GROUP, 80 SOUTH MAIN STREET, HANOVER NH 03755
David Thomas Foy director C/O WHITE MOUNTAINS INSURANCE GROUP LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755