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Seven Hills Realty Trust (Seven Hills Realty Trust) Net Income : $23.18 Mil (TTM As of Mar. 2024)


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What is Seven Hills Realty Trust 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. Seven Hills Realty Trust's Net Income for the three months ended in Mar. 2024 was $5.23 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $23.18 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Seven Hills Realty Trust's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.36.


Seven Hills Realty Trust Net Income Historical Data

The historical data trend for Seven Hills Realty Trust'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.

Seven Hills Realty Trust Net Income Chart

Seven Hills Realty Trust 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 70.93 -55.68 24.65 27.45 25.75

Seven Hills Realty Trust Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.80 4.64 7.47 5.83 5.23

Seven Hills Realty Trust 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

Seven Hills Realty Trust'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
=25.927+0.038+0+-0.219
=25.75

Seven Hills Realty Trust's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.236+-0.003+0+0
=5.23

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.18 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.


Seven Hills Realty Trust  (NAS:SEVN) 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:

Seven Hills Realty Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Seven Hills Realty Trust Net Income Related Terms

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Seven Hills Realty Trust (Seven Hills Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
255 Washington Street, Two Newton Place, Suite 300, Newton, MA, USA, 02458
Seven Hills Realty Trust, formerly RMR Mortgage Trust is a real estate investment trust. The company is engaged in the business of originating and investing in first mortgage whole loans secured by the middle market and transitional commercial real estate. Its non-fundamental primary objective is to balance capital preservation by generating risk-adjusted returns.
Executives
Barbara D Gilmore director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Tiffany R Sy officer: CFO and Treasurer TWO NEWTON PLACE, 225 WASHINGTON STREET SUITE 300, NEWTON MA 02458
Thomas J. Lorenzini officer: President TREMONT MORTGAGE TRUST, TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Adam D. Portnoy director, 10 percent owner, officer: President of Fund, other: Dir.,Pres.,Owner of Advisor C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Tremont Realty Capital Llc 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Rmr Group Inc. 10 percent owner TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Rmr Group Llc 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Abp Trust 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Phyllis M. Hollis director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Matthew P. Jordan director C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Joseph Morea director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
William A. Lamkin director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Gerald Douglas Lanois officer: CFO and Treasurer C/O THE RMR GROUP LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Brian E. Donley officer: CFO, Treasurer and Asst. Sect. C/O THE RMR GROUP LLC,, TWO NEWTON PL., 255 WASHINGTON ST., NEWTON MA 02458
Barry M. Portnoy director, 10 percent owner, other: Director,VP & Owner of Advisor C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458