GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Franklin Covey Co (NYSE:FC) » Definitions » Retained Earnings

Franklin Covey Co (Franklin Covey Co) Retained Earnings : $105.5 Mil (As of Feb. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Franklin Covey Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Franklin Covey Co's retained earnings for the quarter that ended in Feb. 2024 was $105.5 Mil.

Franklin Covey Co's quarterly retained earnings increased from Aug. 2023 ($99.8 Mil) to Nov. 2023 ($104.7 Mil) and increased from Nov. 2023 ($104.7 Mil) to Feb. 2024 ($105.5 Mil).

Franklin Covey Co's annual retained earnings increased from Aug. 2021 ($63.6 Mil) to Aug. 2022 ($82.0 Mil) and increased from Aug. 2022 ($82.0 Mil) to Aug. 2023 ($99.8 Mil).


Franklin Covey Co Retained Earnings Historical Data

The historical data trend for Franklin Covey 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.

* Premium members only.

Franklin Covey Co Retained Earnings Chart

Franklin Covey Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.40 49.97 63.59 82.02 99.80

Franklin Covey Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 88.43 92.99 99.80 104.65 105.53

Franklin Covey 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.


Franklin Covey Co  (NYSE:FC) 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.


Franklin Covey Co (Franklin Covey Co) Business Description

Traded in Other Exchanges
N/A
Address
2200 West Parkway Boulevard, Salt Lake City, UT, USA, 84119-2331
Franklin Covey Co is a global company focused on organizational performance improvement. It focuses on providing time management and effectiveness training for individuals and corporations via online training as well as in-person workshops and events. The company provides training and consulting services in the areas of leadership, execution, productivity, trust, sales performance, customer loyalty, and educational improvement. It operates in the business segments of Direct Offices, Education practice, and International Licensees. The company derives revenue from providing training and consulting services, and through the selling of books, audio media, and other related products. It has a business presence in the United States and other international countries.
Executives
Meisha Sherman officer: CPO 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119-2099
Jennifer C. Colosimo officer: President, Enterprise Division 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Efrain Rivera director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Paul S Walker director, officer: CEO, Director 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Covey Michael Sean Merrill officer: President, Education Division 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Dom Colleen D officer: COO 2200 WEST PARKWAY BLVD, SALT LAKE CITY UT 84119
Craig Cuffie director 2200 WEST PARKWAY BOULEVARD, SALT LAKE CITY UT 84119
Esther Kay Stepp director
Nancy R Phillips director 1515 BROADWAY, NEW YORK NY 10036
Michael Fung director 2200 WEST PARKWAY BLVD, SALT LAKE CITY UT 84119
Donald J Mcnamara director 4200 TEXAS COMMERCE TOWER WEST, 2200 ROSS AVE SUITE 4200, DALLAS TX 75201
Knowledge Capital Investment Group 10 percent owner 4200 CHASE TOWER WEST, 2200 ROSS AVENUE, DALLAS TX 75201
Van Bever Derek C M director 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Scott Jeffery Miller officer: EVP Bus Development/Marketing 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Joel Clinton Peterson director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101

Franklin Covey Co (Franklin Covey Co) Headlines

From GuruFocus

Franklin Covey to Report First Quarter Fiscal 2022 Results

By Business Wire Business Wire 12-22-2021

Franklin Covey to Report Third Quarter Fiscal 2022 Results

By Business Wire Business Wire 06-15-2022

Franklin Covey to Report Fourth Quarter and Fiscal 2021 Year-End Results

By Business Wire Business Wire 10-26-2021