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Broadwind (Broadwind) Retained Earnings : $-341.5 Mil (As of Dec. 2023)


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What is Broadwind Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Broadwind's retained earnings for the quarter that ended in Dec. 2023 was $-341.5 Mil.

Broadwind's quarterly retained earnings increased from Jun. 2023 ($-347.0 Mil) to Sep. 2023 ($-342.6 Mil) and increased from Sep. 2023 ($-342.6 Mil) to Dec. 2023 ($-341.5 Mil).

Broadwind's annual retained earnings declined from Dec. 2021 ($-339.4 Mil) to Dec. 2022 ($-349.1 Mil) but then increased from Dec. 2022 ($-349.1 Mil) to Dec. 2023 ($-341.5 Mil).


Broadwind Retained Earnings Historical Data

The historical data trend for Broadwind'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.

Broadwind Retained Earnings Chart

Broadwind Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -340.78 -342.26 -339.42 -349.15 -341.50

Broadwind Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -349.15 -348.38 -346.96 -342.57 -341.50

Broadwind 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.


Broadwind  (NAS:BWEN) 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.


Broadwind (Broadwind) Business Description

Traded in Other Exchanges
Address
3240 S. Central Avenue, Cicero, IL, USA, 60804
Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.
Executives
Sachin M Shivaram director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Thomas A. Wagner director 66 WEYRICK ROAD, TROY NY 12180
Hayes M. Kennedy officer: Chief Human Resources Officer 3240 S. CENTRAL AVE., CICERO IL 60804
Jeanette A. Press director 550 WEST ADAMS STREET, CHICAGO IL 60661
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Eric B. Blashford officer: Pres., Broadwind Towers, Inc. 3240 S. CENTRAL AVE., CICERO IL 60804
Daniel E. Schueller officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Stephanie K Kushner officer: Chief Financial Officer
Thomas A Ciccone officer: VP and Principal Acct Officer 3240 S. CENTRAL AVENUE, CICERO IL 60804
David P Reiland director N49 W13650 CAMPBELL DRIVE, MENOMONEE FALLS WI 53051
Jason Lee Bonfigt officer: VP and Corporate Controller 3240 S. CENTRAL AVE., CICERO IL 60804
Wayne W. Hanna officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Philip J Christman director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Mayo Gilbert W. Jr. officer: Pres., Process Systems 3240 S. CENTRAL AVE., CICERO IL 60804
Joseph V. Reisinger officer: VP, Business Development 3240 S. CENTRAL AVE., CICERO IL 60804