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Innospec (Innospec) Net Income : $139 Mil (TTM As of Dec. 2023)


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What is Innospec 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. Innospec's Net Income for the three months ended in Dec. 2023 was $38 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $139 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Innospec's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.51.


Innospec Net Income Historical Data

The historical data trend for Innospec'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.

Innospec Net Income Chart

Innospec 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 112.20 28.70 93.10 133.00 139.10

Innospec 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 25.50 33.20 28.90 39.20 37.80

Innospec 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

Innospec'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
=174.4+-35.3+0+-2.8421709430404E-14
=139

Innospec'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
=45.3+-7.5+0+0
=38

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 $139 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.


Innospec  (NAS:IOSP) 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:

Innospec'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.


Innospec Net Income Related Terms

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Innospec (Innospec) Business Description

Traded in Other Exchanges
Address
8310 South Valley Highway, Suite 350, Englewood, CO, USA, 80112
Innospec Inc manufactures and sells a variety of chemicals and fuel additives. The firm organizes itself into three segments based on product type. The fuel specialties segment, which generates the majority of revenue, sells products used to improve fuel efficiency, boost engine performance, and reduce emissions for automobiles, boats, and airplanes. It also sells products used by oil field services providers in the extraction of oil and gas. The performance chemicals segment sells products to the personal-care industry. The Oilfield Services segment develops and markets products to prevent loss of mud.
Executives
Larry Padfield director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Claudia Poccia director 8310 SOUTH VALLEY HIGHWAY, SUITE 350, ENGLEWOOD CO 80112
Leslie J Parrette director
Barnes Corbin officer: SVP, Corporate Dev and IR 8310 SOUTH VALLEY HIGHWAY, SUITE 350, ENGLEWOOD CO 80112
Philip John Boon other: Marketing Director Pet Specs 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Ian Cleminson officer: Exec VP & CFO OAK DALE, 84 ALBERT ROAD, GRAPPENHALL, WARRINGTON X0 WA4 2PG
Patrick Williams officer: Exec VP & President, Pet Specs 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Bentley Jones David officer: VP, GC & CCO 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
David Landless director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Milton C Blackmore director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Brian Watt other: VP, Strategic Planning THE LODGE, HUSTHWAITE, YORK X0 YO61 4PD
Catherine Hessner officer: Senior VP - Human Resources 33 STRAWBERRY LANE, WILMSLOW CHESHIRE X0 SK96AQ
Griffin Hardy Louis Iii officer: SVP, HUMAN RESOURCES 8310 SOUTH VALLEY HIGHWAY, SUITE 350, ENGLEWOOD CO 80112
Elizabeth K Arnold director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Graeme Blair officer: Head of Group Finance 8310 SOUTH VALLEY HIGHWAY, SUITE 350, ENGLEWOOD CO 80112