Accenture (Accenture) Retained Earnings

: $21,152 Mil (As of Feb. 2024)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Accenture's retained earnings for the quarter that ended in Feb. 2024 was $21,152 Mil.

Accenture's quarterly retained earnings increased from Aug. 2023 ($19,316 Mil) to Nov. 2023 ($20,429 Mil) and increased from Nov. 2023 ($20,429 Mil) to Feb. 2024 ($21,152 Mil).

Accenture's annual retained earnings increased from Aug. 2021 ($13,989 Mil) to Aug. 2022 ($18,204 Mil) and increased from Aug. 2022 ($18,204 Mil) to Aug. 2023 ($19,316 Mil).

Accenture Retained Earnings Historical Data

The historical data trend for Accenture's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Accenture Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Retained Earnings

10,421.54

12,375.53

13,988.75

18,203.84

19,316.22

Accenture Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings																17,500.00	18,692.12	19,316.22	20,429.41	21,151.64

Accenture Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Accenture (NYSE:ACN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Accenture (Accenture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Accenture PLC (NYSE:ACN) » Definitions » Retained Earnings

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Address

1 Grand Canal Square, Grand Canal Harbour, Dublin, IRL, 2

Website

https://www.accenture.com

Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.

Executives

Julie Spellman Sweet	officer: General Counsel, Sec & CCO	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Manish Sharma	officer: Chief Operating Officer	161 NORTH CLARK, CHICAGO IL 60601
Jean-marc Ollagnier	officer: Group Chief Exec-Resources	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Jaime Ardila	director	300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Paula A Price	director	ONE CVS DRIVE, WOONSOCKET RI 02895
Joel Unruch	officer: General Counsel, Sec & CCO	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
John F Walsh	officer: Grp Chief Exec-Com, Med & Tech	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Ellyn Shook	officer: Chief Human Resources Officer	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Leonardo Framil	officer: CEO-Growth Markets	500 W. MADISON STREET, CHICAGO IL 60661
Melissa A Burgum	officer: Chief Accounting Officer	C/O SRA INTERNATIONAL, INC., 4300 FAIR LAKES COURT, FAIRFAX VA 22033
Alan C. Jope	director	500 W. MADISON STREET, CHICAGO IL 60661
James O Etheredge	officer: Group Chief Exec-North America	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Gianfranco Casati	officer: Group Chief Executive?Products	C/O ACCENTURE, 161 N. CLARK STREET, CHCIAGO IL 60601
Kathleen R Mcclure	officer: Chief Financial Officer	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Richard P Clark	officer: Chief Accounting Officer	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601