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DXC Technology Co (DXC Technology Co) Net Income : $-465 Mil (TTM As of Dec. 2023)


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What is DXC Technology Co 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. DXC Technology Co's Net Income for the three months ended in Dec. 2023 was $156 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-465 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. DXC Technology Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.81.


DXC Technology Co Net Income Historical Data

The historical data trend for DXC Technology Co'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.

DXC Technology Co Net Income Chart

DXC Technology Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,257.00 -5,369.00 -149.00 718.00 -568.00

DXC Technology Co 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 59.00 -756.00 36.00 99.00 156.00

DXC Technology Co 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

DXC Technology Co's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-885+319+0+-2
=-568

DXC Technology Co'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
=212+-72+0+16
=156

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 $-465 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.


DXC Technology Co  (NYSE:DXC) 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:

DXC Technology Co'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.


DXC Technology Co Net Income Related Terms

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DXC Technology Co (DXC Technology Co) Business Description

Traded in Other Exchanges
Address
20408 Bashan Drive, Suite 231, Ashburn, VA, USA, 20147
DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.
Executives
Andrew Wilson officer: Global Lead, Modern Workplace C/O DXC TECHNOLOGY COMPANY, 20408 BASHAN DRIVE, SUITE 231, ASHBURN VA 02147
Howard Boville officer: Global Lead Apps Services & AI C/O DXC TECHNOLOGY COMPANY, 20408 BASHAN DRIVE, SUITE 231, ASHBURN VA 20147
Deckelman William L Jr officer: EVP & General Counsel
Pinkie Dent Mayfield director 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Del Bene Robert F officer: EVP, Chief Financial Officer IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
James Michael Brady officer: Chief Operating Officer C/O DXC TECHNOLOGY COMPANY, 20408 BASHAN DRIVE, SUITE 231, ASHBURN VA 20147
Karl Racine director 5269 W. 62ND AVENUE, ARVADA CO 80003
Anthony Gonzalez director C/O DXC TECHNOLOGY COMPANY, 20408 BASHAN DRIVE, SUITE 231, ASHBURN VA 20147
Raul J Fernandez director 11600 SUNRISE VALLEY DR, RESTON VA 20191
Carrie W. Teffner director 200 DOMAIN DRIVE, STRATHAM NH 03885
Christopher Drumgoole officer: EVP, Chief Operating Officer C/O DXC TECHNOLOGY COMPANY, 1775 TYSONS BOOULEVARD, TYSONS VA 22102
Christopher Anthony Voci officer: SVP, Controller and PAO C/O ORBITAL ATK, INC., 45101 WARP DRIVE, DULLES VA 20166
Dawn Rogers director 235 EAST 42ND STREET, NEW YORK NY 10017
Akihiko Washington director C/O DXC TECHNOLOGY COMPANY, 1775 TYSONS BOOULEVARD, TYSONS VA 22102
Kenneth P Sharp officer: EVP & CFO 1710 SAIC DRIVE, MCLEAN VA 22102