Net Income Growth
Net Income Growth is a financial metric that measures the rate of increase or decrease in a company's net income over a specific period of time, typically a year. It is calculated by comparing the net income of the current year to that of the previous year and expressing it as a percentage. A positive net income growth indicates that a company is generating more profit than in the previous year, whereas negative net income growth indicates that the company's profitability has decreased. This metric is useful for investors in assessing the financial health of a company and its potential for future earnings growth.
Additional Details
| Metric Name |
Type |
Default Period Type |
| net_income_growth |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
perc |
percentage |