Net income growth %

Net income growth is a financial metric that measures the percentage change in net income over specific time periods. Net income represents the total profit of a company after deducting all expenses, including taxes and interest.

The value of the metric for different time periods is calculated as follows:

• Annual YoY (Year-over-Year): Compares net income between the two most recent years, such as 2023 and 2022.
• Quarterly YoY: Compares net income for the most recent quarter (Q2 2024) with the same quarter in the previous year (Q2 2023).
• TTM YoY (Trailing Twelve Months Year-over-Year): Compares net income for the last known TTM period ending, for example, in Q2 2024 with the TTM period ending in Q2 2023.
• Quarterly QoQ (Quarter-over-Quarter): Compares net income between the two most recent quarters, for example, Q2 2024 and Q1 2024, to assess the QoQ change in net income.

Net income growth helps evaluate the company's profitability and financial performance over time. Analyzing percentage net income growth over different time periods allows investors to assess the company's overall financial health and profitability trends. Positive percentage growth indicates an increase in net income, while negative percentage growth suggests a decline in net income compared to the previous period.