GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dole PLC (NYSE:DOLE) » Definitions » Retained Earnings

Dole (DOLE) Retained Earnings : $563 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Dole Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dole's retained earnings for the quarter that ended in Dec. 2023 was $563 Mil.

Dole's quarterly retained earnings increased from Jun. 2023 ($510 Mil) to Sep. 2023 ($548 Mil) and increased from Sep. 2023 ($548 Mil) to Dec. 2023 ($563 Mil).

Dole's annual retained earnings increased from Dec. 2021 ($413 Mil) to Dec. 2022 ($469 Mil) and increased from Dec. 2022 ($469 Mil) to Dec. 2023 ($563 Mil).


Dole Retained Earnings Historical Data

The historical data trend for Dole'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.

Dole Retained Earnings Chart

Dole Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 418.92 460.72 413.34 469.25 562.56

Dole Quarterly Data
Dec18 Dec19 Mar20 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 469.25 475.72 510.31 547.91 562.56

Dole 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.


Dole  (NYSE:DOLE) 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.


Dole (DOLE) Business Description

Traded in Other Exchanges
Address
29 North Anne Street, Dublin, IRL, D07 PH36
Dole PLC through its subsidiaries operates in the North American and European markets for fresh fruits and vegetables. The company's segment includes Fresh Fruit; Diversified Fresh Produce - EMEA; Diversified Fresh Produce - Americas and ROW and Fresh Vegetables. It generates maximum revenue from the Diversified Fresh Produce - EMEA segment. Diversified Fresh Produce - EMEA segment includes Dole's Irish, Dutch, Spanish, Portuguese, French, Italian, U.K., Swedish, Danish, South African, Eastern European, and Brazilian businesses, the majority of which sell a variety of imported and local fresh fruits and vegetables through retail, wholesale and, in some instances, food service channels across the European marketplace.