Consolidated Net Income Formula is a calculation that businesses use to measure their finances and success. It’s an important part of the financial statement package for investors, creditors, and other stakeholders. The formula combines all profits, losses, gains and expenses from all parts of the company into one summary number. By analyzing this information, businesses can identify trends in profitability over time. With the Consolidated Net Income Formula, companies can accurately assess their performance, ensuring long-term growth and success.