Net Income Loss (Historical) Formula in Excel

Enhance your financial analysis by using the Net Income Loss (Historical) formula in Excel with MarketXLS. This function retrieves a company's net income or net loss for a specific year or quarter, including trailing twelve months (TTM) data. With its straightforward parameters and robust return values, this formula is ideal for historical fundamental analysis and benchmarking.

Understanding Net Income Loss (Historical)

• Purpose: The Net Income Loss (Historical) formula helps you quickly pull the net income (or loss) for a specific period for a given symbol.
• Use Cases:
  • Evaluate historical performance across different quarters or years.
  • Compare net income trends for multiple stocks.
  • Integrate net income data into financial models for deeper analysis.
• Key Benefits:
  • Saves time by automating data retrieval from MarketXLS.
  • Maintains data consistency during in-depth financial examinations.
  • Offers flexible options for TTM and quarter-based lookups.

Syntax and Parameters

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

Return Value:
• Returns a numeric value representing the net income (or net loss) for the specified period.
• Returns "NA" if the symbol is invalid, the data is unavailable, or you do not have the required license.

?? Note: If the formula encounters any errors (e.g., invalid symbol, server issue), it returns "NA". Your MarketXLS license level must support historical fundamentals for full functionality.

Examples and Usage

Below are some practical ways to use Net Income Loss (Historical) in Excel:

1. Basic net income for a given year:

   =hf_Net_Income_Loss("MSFT", "2022")

   Retrieves the net income for Microsoft (MSFT) in 2022.

2. Net income for a specific quarter:

   =hf_Net_Income_Loss("MSFT", "2022", "2")

   Returns the net income for Q2 of 2022.

3. Trailing twelve months (TTM):

   =hf_Net_Income_Loss("MSFT", "2022", "3", "TTM")

   Calculates net income for MSFT over the twelve months trailing from Q3 2022.

4. Using relative periods:

   • Last Quarter (lq):

     =hf_Net_Income_Loss("MSFT", "lq")

   • Last Quarter - 1 (lq-1):

     =hf_Net_Income_Loss("MSFT", "lq-1")

   • Last Year (ly):

     =hf_Net_Income_Loss("MSFT", "ly")

   • Last Year - 1 (ly-1):

     =hf_Net_Income_Loss("MSFT", "ly-1")

   • Last Twelve Months (lt):

     =hf_Net_Income_Loss("MSFT", "lt")

   • Previous Last Twelve Months (lt-1):

     =hf_Net_Income_Loss("MSFT", "lt-1")

? Pro Tip: Combine Net Income Loss (Historical) with other historical fundamentals like “Revenue (Historical)” and “Cost of Revenue (Historical)” to gain a complete financial overview of any company.

Common Questions

1. What if my function returns "NA"?

• Confirm you have typed the symbol correctly and that the stock or asset is supported.
• Check your MarketXLS license level to ensure you have access to historical fundamentals.
• Verify that you provided valid Year, Quarter, or TTM values.

2. Can I use this function for indices, options, or crypto?

• Yes. For indices:

  =hf_Net_Income_Loss("^SPX", "2022")

  For options:

  =hf_Net_Income_Loss("@MSFT 110122C00020000", "2022")

  For crypto:

  =hf_Net_Income_Loss("BTCUSD:DEFAULT", "ly")

3. Does this formula impact performance if used multiple times?

• The formula retrieves data from MarketXLS servers. Using it heavily in many cells may slow performance slightly, but caching on the MarketXLS side helps reduce repeated data fetches.
• Consolidate calls where possible to improve workbook performance.

4. Are regional date formats or cells references supported for "Year"?

• Yes. While the primary parameter is the year, MarketXLS recognizes references like "ly" (last year) or "lq" (last quarter). Standard date references (e.g., “2023-06-01”) do not directly apply here—use "2023" or relative tokens.

?? Note: This formula is designed to work with annual, quarterly, and TTM data. Ensure you specify the correct parameters to retrieve the intended data.