Platinum Underwriters Revenue, Profits - PTP Annual Income Statement

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$76.52 $0.17 (0.22%) PTP stock closing price Mar 02, 2015 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Platinum Underwriters stock price alone is not sufficient. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the PTP stock is bound to reflect the impact of the YOY decline of -10.7%. Along with Platinum Underwriters assets and Platinum Underwriters free cash flow, Platinum Underwriters profits as shown in profit and loss statement give key insights about the business. The net profit for 2014 is $164.76M and the 2014 revenue is $581.15M.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2014201320122011201020092008
Platinum Underwriters Revenues or Net Sales
581.15M650.82M751.92M797.52M985.35M1.17B1.33B
Cost Of Goods Sold (COGS)297.2M291.21M299.09M938.61M614.09M654.76M960.94M
Platinum Underwriters Gross Profit
283.95M359.61M452.83M-141.09M371.25M510.62M367.32M
Research & Development Expense-------
Selling General & Admin Expense83.3M82.71M80.45M67.5M92.22M104.42M102.32M
Income Before Depreciation Depletion Amortization200.64M276.89M372.37M-208.59M279.03M406.2M265M
Depreciation Depletion Amortization-------
Non Operating Income---1.05M--1.38M--6.76M
Interest Expense19.15M19.12M19.09M19.07M18.99M19.02M19M
Platinum Underwriters Pretax Income
182M258M352.22M-227.19M258.65M387.57M239.23M
Provision for Income Taxes17.23M34.72M24.99M-3.13M43.15M4.28M12.99M
MinorityInterest-------
Investment Gains Losses-------
Other Income-------
Income Before Extraordinaries & Disc Operations164.76M223.27M327.22M-224.06M215.49M383.29M226.24M
Extraordinary Items & Discontinued Operations-------
Platinum Underwriters Profit/ Loss (Net Income)
164.76M223.27M327.22M-224.06M215.49M383.29M226.24M
Average Shares used to compute Diluted EPS-30.33M33.98M37.26M45.05M52.32M56.86M
Average Shares used to compute Basic EPS-29.91M33.71M36.9M41.93M49.54M49.31M
Income Before Nonrecurring Items-199.64M190.4M-208.94M118.74M333.83M205.83M
Income from Nonrecurring Items-23.64M136.83M-15.13M96.76M49.46M20.41M
Platinum Underwriters Earnings Per Share Basic Net
6.337.469.67-6.045.147.714.38
Platinum Underwriters Earnings Per Share Diluted Net
-7.359.60-6.044.787.333.98
EPS Diluted Before Nonrecurring Items-6.585.57-5.632.646.383.62
Preferred Dividends Acc Pd-------
Dividends Common-------
Dividend Per Share Common0.320.320.320.320.320.320.32
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Platinum Underwriters stock analysis are:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that PTP stock has a topline or revenue of $581.15M for 2014 as per this Platinum Underwriters revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. PTP stock had a poor bottom line growth.

The income statement is also called statement of revenue and expense. The PTP financials along with Platinum Underwriters historical stock prices provide a lot of details about the firm.