Reliance Worldwide Stock Net Income

RWC Stock   5.48  0.05  0.90%   
Reliance Worldwide fundamentals help investors to digest information that contributes to Reliance Worldwide's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance Worldwide's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reliance Worldwide stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops110.1 M100.7 M
Net Income Applicable To Common Shares160.6 M98.4 M
Net Income168.1 M98.8 M
Net Income From Continuing Ops is likely to drop to about 100.7 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 98.4 M in 2024.
  
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Reliance Worldwide Company Net Income Analysis

Reliance Worldwide's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Reliance Worldwide Net Income

    
  168.09 M  
Most of Reliance Worldwide's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reliance Worldwide is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Reliance Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(68.38 Million)

At this time, Reliance Worldwide's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Reliance Worldwide reported net income of 168.09 M. This is 35.21% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The net income for all Australia stocks is 70.56% higher than that of the company.

Reliance Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Worldwide's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliance Worldwide could also be used in its relative valuation, which is a method of valuing Reliance Worldwide by comparing valuation metrics of similar companies.
Reliance Worldwide is currently under evaluation in net income category among its peers.

Reliance Fundamentals

About Reliance Worldwide Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Reliance Worldwide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Worldwide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Worldwide based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Reliance Stock Analysis

When running Reliance Worldwide's price analysis, check to measure Reliance Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Worldwide is operating at the current time. Most of Reliance Worldwide's value examination focuses on studying past and present price action to predict the probability of Reliance Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Worldwide's price. Additionally, you may evaluate how the addition of Reliance Worldwide to your portfolios can decrease your overall portfolio volatility.