Clorox Co (Clorox Co) Retained Earnings

: $241 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Clorox Co's retained earnings for the quarter that ended in Dec. 2023 was $241 Mil.

Clorox Co's quarterly retained earnings declined from Jun. 2023 ($583 Mil) to Sep. 2023 ($299 Mil) and declined from Sep. 2023 ($299 Mil) to Dec. 2023 ($241 Mil).

Clorox Co's annual retained earnings increased from Jun. 2021 ($1,036 Mil) to Jun. 2022 ($1,048 Mil) but then declined from Jun. 2022 ($1,048 Mil) to Jun. 2023 ($583 Mil).

Clorox Co Retained Earnings Historical Data

The historical data trend for Clorox Co'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.

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Clorox Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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3,150.00

3,567.00

1,036.00

1,048.00

583.00

Clorox Co 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															782.00	415.00	583.00	299.00	241.00

Clorox Co 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.

Clorox Co (NYSE:CLX) 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.

Clorox Co (Clorox Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clorox Co (NYSE:CLX) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

1221 Broadway, Oakland, CA, USA, 94612-1888

Website

https://www.thecloroxcompany.com

Since its inception more than 100 years ago, Clorox has grown to play in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.

Executives

Kevin B Jacobsen	officer: SVP - Chief Financial Officer	1221 BROADWAY, OAKLAND CA 94612
Shanique Bonelli-moore	officer: VP - Chief Diversity & Soc Imp	1221 BROADWAY, OAKLAND CA 94612
Mackay A D David	director
Michael M Ott	officer: SVP - Chief Research & Dev Off	1221 BROADWAY, OAKLAND CA 94612
Stephanie Plaines	director	200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Julia Charter	director	1221 BROADWAY, OAKLAND CA 94612
Eric H Reynolds	officer: SVP-Chief Marketing Officer	1221 BROADWAY, OAKLAND CA 94612
Rebecca Dunphey	officer: SVP & GM - Specialty Division	1221 BROADWAY, OAKLAND CA 94612
Eric Sean Schwartz	officer: SVP - Chief Marketing Officer	1221 BROADWAY, OAKLAND CA 94612
Diego J Barral	officer: SVP - GM, International	1221 BROADWAY, OAKLAND CA 94612
Matthew Gregory	officer: SVP - Chief Customer Officer	1221 BROADWAY, OAKLAND CA 94612
Chris T Hyder	officer: SVP, Cleaning & Prof Prod Div	1221 BROADWAY, OAKLAND CA 94612
Laurene E Peck	officer: VP - CAO & Corp Controller	1221 BROADWAY, OAKLAND CA 94612
Angela C Hilt	officer: SVP - Chief Legal Officer	1221 BROADWAY, OAKLAND CA 94612
Richard T Mcdonald	officer: SVP - Chief Product Supply Off	1221 BROADWAY, OAKLAND CA 94612