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ATI Physical Therapy (ATI Physical Therapy) Net Income : $-69.8 Mil (TTM As of Dec. 2023)


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What is ATI Physical Therapy 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. ATI Physical Therapy's Net Income for the three months ended in Dec. 2023 was $-5.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-69.8 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. ATI Physical Therapy's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-2.83.


ATI Physical Therapy Net Income Historical Data

The historical data trend for ATI Physical Therapy'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.

ATI Physical Therapy Net Income Chart

ATI Physical Therapy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
9.75 -5.37 -778.33 -492.38 -69.80

ATI Physical Therapy Quarterly Data
Dec19 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 -102.77 -26.27 -22.71 -15.20 -5.62

ATI Physical Therapy 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

ATI Physical Therapy'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
=-63.51+-2.568+0+-3.717
=-69.8

ATI Physical Therapy'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
=-2.222+-2.286+0+-1.115
=-5.6

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 $-69.8 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.


ATI Physical Therapy  (NYSE:ATIP) 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:

ATI Physical Therapy'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.


ATI Physical Therapy Net Income Related Terms

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ATI Physical Therapy (ATI Physical Therapy) Business Description

Traded in Other Exchanges
N/A
Address
790 Remington Boulevard, Bolingbrook, IL, USA, 60440
ATI Physical Therapy Inc is a recognized outpatient physical therapy provider in the United States specializing in outpatient rehabilitation and adjacent healthcare services. It offer a variety of services within the clinics, including physical therapy to treat spine, shoulder, knee and neck injuries or pain; work injury rehabilitation services, including work conditioning and work hardening; hand therapy; and other specialized treatment services.
Executives
Advent International Gp, Llc 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Bruce J Richards 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FL, NEW YORK NY 10036
Knighthead Capital Management, Llc 10 percent owner 280 PARK AVENUE, FLOOR 22E, NEW YORK NY 10017
Andrew Shannahan director 8501 WILLIAMS ROAD, ESTERO FL 33928
Marathon Asset Management Lp 10 percent owner ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Knighthead Master Fund Lp 10 percent owner MOURANT OZANNES CORP. SVCS. CAYMAN LTD, 94 SOLARIS AVENUE, CAMANA BAY, GRAND CAYMAN E9 KY1-1108
Marathon Stepstone Master Fund Lp 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Marathon Distressed Credit Master Fund 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Louis Hanover 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Randy Raisman director 790 REMINGTON BOULEVARD, BOLINGBROOK, IL 60440
Onex Capital Solutions Gp, Llc 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Onex Capital Solutions Gp, Lp 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Onex Capital Solutions Holdings, Lp 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Khsu Spv Lp Llc 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Kh Ankle Llc 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017