GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brighthouse Financial Inc (NAS:BHF) » Definitions » Net Income

BHF (Brighthouse Financial) Net Income : $-897 Mil (TTM As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Brighthouse Financial 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. Brighthouse Financial's Net Income for the three months ended in Jun. 2024 was $34 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was $-897 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Brighthouse Financial's Earnings per Share (Diluted) for the three months ended in Jun. 2024 was $0.14.


Brighthouse Financial Net Income Historical Data

The historical data trend for Brighthouse Financial'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.

Brighthouse Financial Net Income Chart

Brighthouse Financial 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 -740.00 -1,061.00 1,643.00 3,879.00 -1,112.00

Brighthouse Financial Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -175.00 479.00 -917.00 -493.00 34.00

Brighthouse Financial 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

Brighthouse Financial'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
=-1474+367+0+-5
=-1,112

Brighthouse Financial's Net Income for the quarter that ended in Jun. 2024 is calculated as

Net Income(Q: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=14+20+0+0
=34

Net Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-897 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.


Brighthouse Financial  (NAS:BHF) 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:

Brighthouse Financial's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2024 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.


Brighthouse Financial Net Income Related Terms

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


Brighthouse Financial Business Description

Address
11225 North Community House Road, Gragg Building, Charlotte, NC, USA, 28277
Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are Annuities, Life, and Run-off. It derives a majority of the revenue from the Annuities segment which includes variable, fixed, index-linked, and income annuities. The life segment includes variable, term, universal, and whole life policies.
Executives
John Rosenthal officer: EVP & Chief Investment Officer 334 MADISON AVENUE, MORRISTOWN NJ 07960
Vonda Huss officer: EVP, Chief HR Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Myles Lambert officer: EVP,Chief Dist. & Mktg.Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Eric T Steigerwalt director, officer: President and CEO 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Edward A. Spehar officer: EVP & Chief Financial Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Philip V Bancroft director
Allie Lin officer: EVP & General Counsel 11225 N COMMUNITY HOUSE RD, CHARLOTTE NC 28277
Carol Juel director 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Kristine Toscano officer: Chief Accounting Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Stephen C Hooley director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Patrick J. Shouvlin director 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
William Francis Wallace director 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Christine M. Debiase officer: EVP,Chief LegalOfficer&CorpSec 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
C Edward Chaplin director C/O MBIA, 113 KING STREET, ARMONK NY 10504
Murphy Conor officer: Chief Product&Strategy Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 11225