Is the Operating Income or Loss equivalent to Total Revenues for wealthier companies?

Question

I have noticed on yahoo finance that some companies like this one don't have total revenues in their financial table but rather an Operating Income or Loss and a Net Income. Is it the same ? Can I use it for Graham second rule for filtering large enough companies (that have sales greater than $700m)?

I'm young and new to financial analysis and investing. Maybe I'm wrong and I shouldn't even have used Total Revenues from yahoo financial sheet. Let me know if I do mistakes, I'm eager to learn.

Davis Clute · Answer

NO -- Operating Income is NOT the same as Revenue.

This company is a weird example - it looks like it's going BK. But, an example:

Revenue = $100 --- Payroll = ($30) --- Office Rent = ($20) --- Operating Income => $50

D Stanley · Answer

Operating Income or Loss and a Net Income. Is it the same ?

No - companies can have revenue and expenses that are not based on the actual operations of the company - interest paid on debt is a common example.  Net Income starts with the Operating Income (Operating Revenue minus Operating Expenses) ,and adds/subtracts any non-operating revenue/expenses.

For your particular example, this looks like incomplete data, where operating revenue and expenses aren't broken out. Only a net total is shown. If you look at the financial statements on their web site you will see actual revenue listed.

Is the Operating Income or Loss equivalent to Total Revenues for wealthier companies?

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