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Mercury Systems (Mercury Systems) Retained Earnings : $230.6 Mil (As of Mar. 2024)


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What is Mercury Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mercury Systems's retained earnings for the quarter that ended in Mar. 2024 was $230.6 Mil.

Mercury Systems's quarterly retained earnings declined from Sep. 2023 ($320.7 Mil) to Dec. 2023 ($275.2 Mil) and declined from Dec. 2023 ($275.2 Mil) to Mar. 2024 ($230.6 Mil).

Mercury Systems's annual retained earnings increased from Jun. 2021 ($374.5 Mil) to Jun. 2022 ($385.8 Mil) but then declined from Jun. 2022 ($385.8 Mil) to Jun. 2023 ($357.4 Mil).


Mercury Systems Retained Earnings Historical Data

The historical data trend for Mercury Systems'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.

Mercury Systems Retained Earnings Chart

Mercury Systems Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 226.74 312.46 374.50 385.77 357.44

Mercury Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 365.68 357.44 320.73 275.15 230.58

Mercury Systems 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.


Mercury Systems  (NAS:MRCY) 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.


Mercury Systems (Mercury Systems) Business Description

Traded in Other Exchanges
Address
50 Minuteman Road, Andover, MA, USA, 01810
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates and delivers secure open architecture solutions powering a broad range of mission-critical applications in the challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all.
Executives
Michelle M Mccarthy officer: SVP, CAO 50 MINUTEMAN ROAD, ANDOVER MA 01810
Wells Charles Roger Iv officer: EVP President Microelectronics 5255 GROVEMONT DRIVE, ELKRIDGE MD 21075
Orlando D Carvalho director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Debora A Plunkett director 6501 LEGACY DRIVE, PLANO TX 75024
Barry R Nearhos director C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Lisa S Disbrow director 50 MINUTEMAN ROAD, ANDOVER MA 01810
Allen Couture officer: EVP, Execution Excellence C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
James Mitch Stevison officer: EVP, President Mission Systems 103 SANSBERRY LANE, MADISON AL 35376
Steven Ratner officer: EVP, CHRO C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
Stephanie Georges officer: EVP, CCO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher C Cambria officer: EVP, Gen Counsel & Secretary C/O GENCORP INC., P.O. BOX 537012, SACRAMENTO CA 95853-7012
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Howard L Lance director C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
William L Ballhaus director, officer: President & CEO 3190 FAIRVIEW PARK DRIVE, SUITE 700, FALLS CHURCH VA 22042
Roger A Krone director

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