Navient (Navient) Retained Earnings : $4,691 Mil (As of Mar. 2024)

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What is Navient Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Navient's retained earnings for the quarter that ended in Mar. 2024 was $4,691 Mil.

Navient's quarterly retained earnings declined from Sep. 2023 ($4,685 Mil) to Dec. 2023 ($4,638 Mil) but then increased from Dec. 2023 ($4,638 Mil) to Mar. 2024 ($4,691 Mil).

Navient's annual retained earnings increased from Dec. 2021 ($3,939 Mil) to Dec. 2022 ($4,490 Mil) and increased from Dec. 2022 ($4,490 Mil) to Dec. 2023 ($4,638 Mil).

Navient Retained Earnings Historical Data

The historical data trend for Navient'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.

Navient Retained Earnings Chart

Navient Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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3,664.00

3,331.00

3,939.00

4,490.00

4,638.00

Navient 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															4,579.00	4,625.00	4,685.00	4,638.00	4,691.00

Navient 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.

Navient (NAS:NAVI) 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.

Navient (Navient) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Navient Corp (NAS:NAVI) » Definitions » Retained Earnings

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Traded in Other Exchanges

10D:Germany

Address

123 Justison Street, Wilmington, DE, USA, 19801

Website

https://www.navient.com

Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.

Executives

John M Kane	officer: Chief Operating Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Mark L Heleen	officer: EVP & Chief Legal Officer	12061 BLUEMONT WAY, RESTON VA 20190
Stephen M Hauber	officer: SVP, Chief Risk&Compliance Off	123 S JUSTISON STREET, SUITE 300, WILMINGTON DE 19801
Newbury Investors Llc	10 percent owner	135 EAST 57TH STREET, NEW YORK NY 10022
Edward J Bramson	10 percent owner	SHERBORNE INVESTORS MANAGEMENT LP, 135 EAST 57TH STREET, NEW YORK NY 10022
Sherborne Investors Gp, Llc	10 percent owner	135 EAST 57TH STREET, NEW YORK NY 10022
Stephen Welker	10 percent owner	SHERBORNE INVESTORS MANAGEMENT LP, 135 EAST 57TH STREET, NEW YORK NY 10022
Sherborne Investors Lp	10 percent owner	135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Sherborne Investors Management Gp, Llc	10 percent owner	135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Sherborne Investors Management Lp	10 percent owner	135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Michael A Lawson	director	123 JUSTISON STREET, WILMINGTON DE 19801
Joe Fisher	officer: EVP, CFO & PAO	123 JUSTISON STREET, WILMINGTON DE 19801
Anna Escobedo Cabral	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
John F Remondi	director, officer: Chief Executive Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Ted A Morris	officer: Acting Chief Financial Officer	123 S. JUSTISON STREET, WILMINGTON DE 19801