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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. TransDigm Group's Net Income for the three months ended in Mar. 2024 was $403 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $1,551 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. TransDigm Group's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $6.97.
The historical data trend for TransDigm 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.
TransDigm Group Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Net Income | Get a 7-Day Free Trial | 890.00 | 699.00 | 680.00 | 866.00 | 1,298.00 |
TransDigm Group Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Net Income | Get a 7-Day Free Trial | 304.00 | 351.00 | 415.00 | 382.00 | 403.00 |
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
TransDigm Group's Net Income for the fiscal year that ended in Sep. 2023 is calculated as
Net Income | (A: Sep. 2023 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 1716 | + | -417 | + | 0 | + | -1 |
= | 1,298 |
TransDigm Group's Net Income for the quarter that ended in Mar. 2024 is calculated as
Net Income | (Q: Mar. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 519 | + | -115 | + | 0 | + | -1 |
= | 403 |
Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,551 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.
TransDigm Group (NYSE:TDG) 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:
TransDigm Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as
Earnings per Share (Diluted) (Q: Mar. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (403 | - | 0) | / | 57.800 | |
= | 6.97 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of TransDigm Group's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Joel Reiss | officer: Executive Vice President | 1301 E. 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
W Nicholas Howley | officer: Chief Executive Officer | C/O TRANSDIGM INC., 1301 EAST NINTH STREET, SUITE 3710, CLEVELAND OH 44114 |
Michael Lisman | officer: Chief Financial Officer | 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
Robert J Small | director | |
Sean P Hennessy | director | C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115 |
Jorge Valladares | officer: Pres., Adel Wiggins Group | ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022 |
Sarah Wynne | officer: Corporate Accounting Officer | 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
Kevin M Stein | officer: COO - Power | TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
Jessica L Warren | officer: GC, CCO, Secretary | 1301 EAST NINTH STREET, SUITE 3000, CLEVELAND OH 44114 |
Mervin Dunn | director | COMMERCIAL VEHICLE GROUP, INC., 6530 WEST CAMPUS WAY, NEW ALBANY OH 43054 |
John Staer | director | C.F.MOLLERS ALLE 16, 8TV, 2300 COPENHAGEN S G7 DK |
Jane M. Cronin | director | 101 W. PROSPECT AVENUE, CLEVELAND OH 44115 |
Raymond F Laubenthal | officer: President and COO | TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3710, CLEVELAND OH 44114 |
Robert S Henderson | officer: Exec.V.P. & Pres., AdelWiggins | ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022 |
Halle Fine Terrion | officer: GC, CCO, Secretary | 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
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