On a company’s income statement, also called its profit and loss statement, you’ll find net income near the bottom. Net income is a critically important metric that investors must understand ...

Below is the 2024 income statement for Macy’s as reported in its 2024 annual report. Total revenue was $23.0 billion. It includes net sales and other revenue. Operating income was $909 million ...

Investopedia / Tara Anand Net Sales is the equivalent to revenue ... called the top line because it appears at the top of the income statement. Costs are subtracted from revenue to calculate ...