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Atlantic Power (Atlantic Power) Net Income : $51.4 Mil (TTM As of Mar. 2021)


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What is Atlantic Power 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. Atlantic Power's Net Income for the three months ended in Mar. 2021 was $1.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2021 was $51.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Atlantic Power's Earnings per Share (Diluted) for the three months ended in Mar. 2021 was $0.02.


Atlantic Power Net Income Historical Data

The historical data trend for Atlantic Power'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.

Atlantic Power Net Income Chart

Atlantic Power Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -113.90 -93.00 37.20 -43.80 73.50

Atlantic Power Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 23.70 -4.00 17.80 36.00 1.60

Atlantic Power 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

Atlantic Power's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=49.3+24.2+0+0
=73.5

Atlantic Power's Net Income for the quarter that ended in Mar. 2021 is calculated as

Net Income(Q: Mar. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.8+-2.2+0+4.4408920985006E-16
=1.6

Net Income for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $51.4 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.


Atlantic Power  (NYSE:AT) 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:

Atlantic Power's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2021 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.


Atlantic Power Net Income Related Terms

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Atlantic Power (Atlantic Power) Business Description

Traded in Other Exchanges
N/A
Address
3 Allied Drive, Suite 155, Dedham, MA, USA, 02026
Atlantic Power Corp is an independent power producer that owns power generation assets in the United States and Canada. Its power generation projects, which are diversified by geography, fuel type, dispatch profile, and offtaker, sell electricity to utilities and other large customers predominantly under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. It has four reportable segments: Solid Fuel, Natural Gas, Hydroelectric and Corporate. A vast majority of the revenues are generated from the natural gas segment.
Executives
Kevin Howell director 2220 MONUMENT AVENUE, RICHMOND VA 23220
R Foster Duncan director 139 E FOURTH ST, CINCINNATI OH 45202
Gilbert Samuel Palter director 37 MISTY CRESCENT TORONTO A6 MSB IT2
Danielle S Mottor director 870 WASHINGTON STREET HOLLISTON MA 01746
Terrence Ronan officer: Chief Financial Officer ONE FEDERAL STREET 30TH FLOOR BOSTON MA 02110
Joseph Cofelice officer: EVP Commercial Development
Moore James J Jr director, officer: Chief Executive Officer
Jeffrey S Levy officer: SVP, General Counsel 769 WEBSTER STREET NEEDHAM MA 02492
Irving Russell Gerstein director 200 CLARENDON STREET BOSTON MA 02116
Philip Daniel Rorabaugh officer: SVP, Asset Management 27 ASPEN AVE AUBURNDALE MA 02466
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Teresa Ressel director ON SEMICONDUCTOR C/O V. PECORA (MD A700), 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
John Alexander Mcneil director 200 CLARENDON STREET BOSTON MA 02116
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Paul Howard Rapisarda officer: EVP Commercial 151 SE 15TH ROAD, APT 1802, MIAMI FL 33129

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