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Orion Group Holdings (Orion Group Holdings) Retained Earnings : $-62.0 Mil (As of Dec. 2023)


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What is Orion Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Orion Group Holdings's retained earnings for the quarter that ended in Dec. 2023 was $-62.0 Mil.

Orion Group Holdings's quarterly retained earnings declined from Jun. 2023 ($-57.0 Mil) to Sep. 2023 ($-57.7 Mil) and declined from Sep. 2023 ($-57.7 Mil) to Dec. 2023 ($-62.0 Mil).

Orion Group Holdings's annual retained earnings declined from Dec. 2021 ($-31.6 Mil) to Dec. 2022 ($-44.2 Mil) and declined from Dec. 2022 ($-44.2 Mil) to Dec. 2023 ($-62.0 Mil).


Orion Group Holdings Retained Earnings Historical Data

The historical data trend for Orion Group Holdings'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.

Orion Group Holdings Retained Earnings Chart

Orion Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.22 -17.00 -31.56 -44.17 -62.05

Orion Group Holdings 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 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 -44.17 -56.77 -57.02 -57.68 -62.05

Orion Group Holdings 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.


Orion Group Holdings  (NYSE:ORN) 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.


Orion Group Holdings (Orion Group Holdings) Business Description

Traded in Other Exchanges
Address
12000 Aerospace Avenue, Suite 300, Houston, TX, USA, 77034
Orion Group Holdings Inc is a specialty construction company serving the infrastructure, industrial, and building sectors, providing services both on and off the water in the continental United States, Alaska, Canada and the Caribbean Basin through its marine segment and its concrete segment. Its marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas.
Executives
Austin J Shanfelter director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Gordon Scott Thanisch officer: EVP AND CFO 12000 AEROSPACE AVE, SUITE 300, HOUSTON TX 77034
Travis J Boone director, officer: PRESIDENT & CEO 12000 AEROSPACE AVE, SUITE 300, HOUSTON TX 77034
Smith Quentin P. Jr. director 10361 N. 117TH PLACE, SCOTTSDALE AZ 85259
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Margaret M Foran director
Mary E Sullivan director 5313 JAVELINA DR, CORPUS CHRISTI TX 78413
Richard L. Daerr director 12550 FUQUA ST., HOUSTON TX 77034
Mark R. Stauffer officer: VP and Chief Financial Officer 12550 FUQUA, HOUSTON TX 77034
Robert L Tabb officer: VP and Chief Financial Officer 12000 AEROSPACE SUITE 300, HOUSTON TX 77034
James Michael Pearson director, officer: Chief Executive Officer
Peter R. Buchler officer: Vice President, Genl Counsel, other: Corporate Secretary 12000 AEROSPACE DR., SUITE 300, HOUSTON TX 77034
Christopher James Dealmeida officer: VP Finance & Accounting 1817 W 4TH STREET, TEMPE AZ 85281
Larry Dwayne Breaux officer: Chief Operating Officer 17403 SHOAL LAKE LN, HOUSTON TX 77095
Gene G Stoever director 5415 GRAYSTONE LANE, HOUSTON TX 77069