Net Income Growth in Excel with MarketXLS

The hf_Net_Income_Growth function is designed to help you quickly pull a company’s trailing twelve-month net income growth (year-over-year) directly into Excel. By specifying your desired stock symbol, a reference year, and an optional quarter, you can easily retrieve accurate and up-to-date net income growth data—helping you make better investment decisions and deeper fundamental analysis.

Why Use This Function?

• Easily Track Growth Over Time
  Monitor how a company’s net income evolves year-over-year on a trailing twelve-month basis within Excel, eliminating manual data collection or stale data.

• Flexible Date Parameters
  You can specify the desired reporting year and an optional quarter to focus on growth figures as of a specific time. Quarter inputs (1, 2, 3, or 4) can give varied TTM growth snapshots.

• Quick Analysis and Comparison
  Compare multiple companies’ growth numbers side by side in Excel to spot trends and make data-driven decisions.

• Integration With Other MarketXLS Functions
  Seamlessly combine this function’s results with other MarketXLS data points to create custom dashboards, watchlists, or fundamental analysis spreadsheets.

• Powerful for Earnings Tracking
  For active traders and investors who monitor earnings trends, viewing net income growth for selected periods provides insights into fundamentals that drive market valuation.

How to Use in Excel

=hf_Net_Income_Growth(Symbol, Year, [Quarter], [TTM])

• Symbol (required): The ticker symbol (e.g., "AAPL").
• Year (required): The year you want to reference (e.g., "2022").
• Quarter (optional, default = "1"): The fiscal quarter you want to focus on ("1", "2", "3", or "4").
• TTM (optional, unused in practice): This argument is internally set to TTM to always return trailing twelve-month data.

Simply select or type these parameters into an Excel cell. For example:
=hf_Net_Income_Growth("AAPL","2022","3")
This retrieves Apple’s trailing twelve-month net income growth as of the third quarter of 2022.

Parameters Explained

Note: If data is unavailable or you lack the required MarketXLS subscription, "NA" may be returned.

Example Usage

Basic Examples

1. Retrieve TTM net income growth for Microsoft for the first quarter of 2023:
   =hf_Net_Income_Growth("MSFT","2023","1")
   This formula returns Microsoft’s trailing twelve-month net income growth figure as of Q1 2023.

2. Compare multiple symbols side by side:
   • Cell A2: =hf_Net_Income_Growth("AAPL","2022","4")
   • Cell A3: =hf_Net_Income_Growth("GOOGL","2022","4")
   • Cell A4: =hf_Net_Income_Growth("AMZN","2022","4")
   These cells line up each company’s net income growth for the trailing twelve months as of the fourth quarter of 2022.

Advanced Scenarios

• Year-over-Year Growth Table:
Create a table where rows are years (2021, 2022, 2023) and columns are quarters (Q1 through Q4). Enter formulas such as =hf_Net_Income_Growth("TSLA",$A2,C$1) to capture Tesla’s net income growth over time in one glance.

• Watchlist Integration:
Combine with other MarketXLS fundamental functions (e.g., revenue growth, EPS, etc.) to create a dynamic watchlist. Update the Symbol column and watch net income growth figures refresh on the same sheet.

• Automated TTM Comparisons:
Insert a linked reference cell for the year and quarterly data, so you can swiftly shift your entire analysis to a new quarter simply by changing one or two cell values.

Common Questions and Troubleshooting

1. “Why am I getting 'NA'?”

   • This could mean data is not available for the specified period, the symbol is invalid, or your subscription level does not support historical fundamentals.

2. “Does the TTM parameter do anything?”

   • Currently, TTM is always set internally to ensure this function reports trailing twelve-month data. User-supplied values to that parameter are not used.

3. “Can I leave the quarter empty?”

   • If you omit the quarter, the function sets it internally (defaults to "1", then forces to "2" if it was truly empty). For clarity, specify a quarter to target the exact period you want.

4. “How do different quarters for the same year matter?”

   • Passing different quarters (e.g., Q1 vs Q4 for 2023) will refer to different trailing twelve-month endpoints. You may see different growth numbers since fundamentals change through the year.

5. “I get ‘Not supported on your plan, please upgrade.’”

   • Some data points require higher MarketXLS subscription tiers. Contact support or upgrade if you need advanced historical fundamentals access.

With hf_Net_Income_Growth, you can effortlessly monitor net income growth trends for a stock, quarter by quarter, right in Excel. This powerful function saves you time on manual data gathering and helps you keep a pulse on a company’s underlying profitability. Leverage it in your everyday workflow to make more informed investment decisions.