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Black Knight (Black Knight) Retained Earnings : $273 Mil (As of Sep. 2023)


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What is Black Knight Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Black Knight's retained earnings for the quarter that ended in Sep. 2023 was $273 Mil.

Black Knight's quarterly retained earnings increased from Mar. 2023 ($1,559 Mil) to Jun. 2023 ($1,609 Mil) but then declined from Jun. 2023 ($1,609 Mil) to Sep. 2023 ($273 Mil).

Black Knight's annual retained earnings increased from Dec. 2020 ($757 Mil) to Dec. 2021 ($968 Mil) and increased from Dec. 2021 ($968 Mil) to Dec. 2022 ($1,417 Mil).


Black Knight Retained Earnings Historical Data

The historical data trend for Black Knight'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.

Black Knight Retained Earnings Chart

Black Knight Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 381.10 490.60 757.40 968.20 1,417.10

Black Knight Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,398.80 1,417.10 1,559.30 1,609.40 272.50

Black Knight 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.


Black Knight  (NYSE:BKI) 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.


Black Knight (Black Knight) Business Description

Traded in Other Exchanges
N/A
Address
601 Riverside Avenue, Jacksonville, FL, USA, 32204
Black Knight Inc is a technology company that, through its subsidiaries, provides software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital markets industry. The company's product portfolio includes software solutions to support loan origination, processing and servicing, and data and analytics solutions such as automated valuation models, data integration, risk assessment, among others. Black Knight's business is organized in two segments: software solutions and data/analytics. The majority of revenue comes from the company's software solutions segment, and most of the company's revenue is earned in the United States.
Executives
Joseph M Otting director C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Anthony M Jabbour officer: Chief Executive Officer 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Michele M Meyers officer: Chief Accounting Officer 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32207
John D Rood director 3020 HARTLEY ROAD SUITE 300, JACKSONVILLE FL 32257
Catherine Levinson Burke director C/O NCR CORPORATION, 864 SPRING STREET NW, ATLANTA GA 30308
Michael L Gravelle officer: Corp. Secretary & General Coun 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Kirk T Larsen officer: Chief Financial Officer 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Foley William P Ii director, officer: Chairman FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Richard N Massey director 900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211
Nancy L. Shanik director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Shelley S Leonard officer: Chief Product & Digital Ofcr 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Joseph M Nackashi officer: President LENDER PROCESSING SERVICES, INC., 601 RIVERSIDE AVE., JACKSONVILLE FL 32204
Anthony Orefice officer: Chief Operating Officer C/O BLACK KNIGHT FINANCIAL SERVICES, INC, 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Thomas J. Sanzone officer: Chief Executive Officer BLACK KNIGHT FINANCIAL SERVICES, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Thl Equity Fund Vi Investors (bkfs-lm), Llc 10 percent owner C/O THOMAS H. LEE PARNTERS, L.P., 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110

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