Fabrinet (Fabrinet) Retained Earnings

: $1,599 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fabrinet's retained earnings for the quarter that ended in Dec. 2023 was $1,599 Mil.

Fabrinet's quarterly retained earnings increased from Jun. 2023 ($1,465 Mil) to Sep. 2023 ($1,530 Mil) and increased from Sep. 2023 ($1,530 Mil) to Dec. 2023 ($1,599 Mil).

Fabrinet's annual retained earnings increased from Jun. 2021 ($1,016 Mil) to Jun. 2022 ($1,217 Mil) and increased from Jun. 2022 ($1,217 Mil) to Jun. 2023 ($1,465 Mil).

Fabrinet Retained Earnings Historical Data

The historical data trend for Fabrinet'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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Fabrinet Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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754.58

868.06

1,016.30

1,216.68

1,464.59

Fabrinet 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															1,344.45	1,403.80	1,464.59	1,529.68	1,598.79

Fabrinet 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.

Fabrinet (NYSE:FN) 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.

Fabrinet (Fabrinet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fabrinet (NYSE:FN) » Definitions » Retained Earnings

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Address

C/o Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005

Website

https://www.fabrinet.com

Fabrinet is a United States-based company that is principally engaged in providing outsourced manufacturing services to original equipment manufacturers (OEM). These OEM customers are mainly companies in complex industries that require precision manufacturing capabilities. The company offers a wide range of optical and electro-mechanical manufacturing capabilities across the whole producing process. It helps its customers to manufacture various products, such as selective switching products, active optical cables, tunable transponders and transceivers, lasers, and sensors. The company generates the majority of revenue from North America and Asia-Pacific, with the rest from Europe.

Executives

Thomas F Kelly	director	57 STEVENSON LANE, ATHERTON CA 94027
Edward T. Archer	officer: EVP, Sales & Marketing	3736 FALLON ROAD #428, DUBLIN CA 94568
Csaba Sverha	officer: Chief Financial Officer	3736 FALLON ROAD #428, DUBLIN CA 94568
Seamus Grady	director, officer: Chief Executive Officer	3736 FALLON ROAD #428, DUBLIN CA 94568
Homa Bahrami	director	4900 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Rollance E. Olson	director	3736 FALLON ROAD #428, DUBLIN CA 94568
Harpal Gill	officer: EVP & Chief Operating Officer	3736 FALLON ROAD #428, DUBLIN CA 94568
David T. Mitchell	director, 10 percent owner, officer: CEO & President	3736 FALLON ROAD #428, DUBLIN CA 94568
Darlene S. Knight	director	4900 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Toh-seng Ng	officer: EVP & Chief Financial Officer	3736 FALLON ROAD #428, DUBLIN CA 94568
Frank H Levinson	director	3736 FALLON ROAD #428, DUBLIN CA 94568
Greg Dougherty	director	40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Hong Q Hou	officer: EVP & Chief Technical Officer
John Marchetti	officer: Chief Strategy Officer	3736 FALLON ROAD #428, DUBLIN CA 94568
Paul Kalivas	officer: Secretary & General Counsel	4104 24TH STREET #345, SAN FRANCISCO CA 94114