GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tecnicas Reunidas SA (OTCPK:TNISF) » Definitions » Net Income

Tecnicas Reunidas (Tecnicas Reunidas) Net Income : $66 Mil (TTM As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Tecnicas Reunidas 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. Tecnicas Reunidas's Net Income for the three months ended in Dec. 2023 was $20 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $66 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Tecnicas Reunidas's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.26.


Tecnicas Reunidas Net Income Historical Data

The historical data trend for Tecnicas Reunidas'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.

Tecnicas Reunidas Net Income Chart

Tecnicas Reunidas 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 -10.26 13.44 -215.19 -39.34 66.47

Tecnicas Reunidas 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 12.15 20.99 22.65 2.13 20.12

Tecnicas Reunidas 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

Tecnicas Reunidas'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
=112.685+-47.549+0+1.333
=66

Tecnicas Reunidas'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
=30.46+-10.144+0+-0.194
=20

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 $66 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.


Tecnicas Reunidas  (OTCPK:TNISF) 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:

Tecnicas Reunidas'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.


Tecnicas Reunidas Net Income Related Terms

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


Tecnicas Reunidas (Tecnicas Reunidas) Business Description

Traded in Other Exchanges
Address
Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.

Tecnicas Reunidas (Tecnicas Reunidas) Headlines

From GuruFocus

The Top-Performing Investing Gurus of 2022

By Margaret Moran 01-10-2023

Francisco Garcia Parames Comments on Tecnicas Reunidas

By Sydnee Gatewood Sydnee Gatewood 05-01-2020

AzValor Iberia's Top 5 Trades of the 4th Quarter

By Graham Griffin Graham Griffin 02-11-2021

Azvalor Asset Management's 4th-Quarter Letter

By Sydnee Gatewood 02-21-2023