GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Securitas AB (OTCPK:SCTBF) » Definitions » Net Income

Securitas AB (Securitas AB) Net Income : $133 Mil (TTM As of Dec. 2023)


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

What is Securitas AB 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. Securitas AB's Net Income for the three months ended in Dec. 2023 was $118 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $133 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Securitas AB's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.21.


Securitas AB Net Income Historical Data

The historical data trend for Securitas AB'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.

Securitas AB Net Income Chart

Securitas AB 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 355.90 289.25 344.68 415.30 125.27

Securitas AB 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 132.30 90.97 109.11 -185.12 117.86

Securitas AB 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

Securitas AB'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
=276.185+-149.743+0+-1.169
=125

Securitas AB'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
=145.843+-27.979+0+1.4210854715202E-14
=118

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 $133 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.


Securitas AB  (OTCPK:SCTBF) 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:

Securitas AB'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.


Securitas AB Net Income Related Terms

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


Securitas AB (Securitas AB) Business Description

Address
Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.

Securitas AB (Securitas AB) Headlines

From GuruFocus

Securitas Investor Day New date: March 21

By PRNewswire PRNewswire 11-05-2021

Securitas AB Full year Report January-December 2021

By PRNewswire PRNewswire 02-08-2022

Securitas AB to publish the Interim report January-March 2022

By PRNewswire PRNewswire 04-27-2022

Securitas successfully concludes MEUR 300 Schuldschein funding

By PRNewswire PRNewswire 03-02-2023

Securitas issues a MEUR 600 Eurobond

By PRNewswire 09-06-2023

Securitas AB Interim Report Q1 2023 | January-March 2023

By PRNewswire PRNewswire 05-03-2023

Securitas AB Interim Report January-September 2022

By PRNewswire PRNewswire 11-08-2022

Securitas AB's Dividend Analysis

By GuruFocus Research 11-17-2023

Notice of Annual General Meeting in Securitas AB

By PRNewswire PRNewswire 03-31-2023