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Knight-Swift Transportation Holdings (FRA:KSX) Retained Earnings : €2,415 Mil (As of Mar. 2024)


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What is Knight-Swift Transportation Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Knight-Swift Transportation Holdings's retained earnings for the quarter that ended in Mar. 2024 was €2,415 Mil.

Knight-Swift Transportation Holdings's quarterly retained earnings declined from Sep. 2023 (€2,524 Mil) to Dec. 2023 (€2,439 Mil) and declined from Dec. 2023 (€2,439 Mil) to Mar. 2024 (€2,415 Mil).

Knight-Swift Transportation Holdings's annual retained earnings increased from Dec. 2021 (€1,930 Mil) to Dec. 2022 (€2,411 Mil) and increased from Dec. 2022 (€2,411 Mil) to Dec. 2023 (€2,439 Mil).


Knight-Swift Transportation Holdings Retained Earnings Historical Data

The historical data trend for Knight-Swift Transportation 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.

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Knight-Swift Transportation Holdings Retained Earnings Chart

Knight-Swift Transportation 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 1,255.92 1,287.88 1,930.31 2,410.57 2,439.00

Knight-Swift Transportation Holdings 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 2,450.23 2,452.79 2,523.87 2,439.00 2,414.69

Knight-Swift Transportation 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.


Knight-Swift Transportation Holdings  (FRA:KSX) 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.


Knight-Swift Transportation Holdings (FRA:KSX) Business Description

Traded in Other Exchanges
Address
2002 West Wahalla Lane, Phoenix, AZ, USA, 85027
Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, 74% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and LTL at 11%. Truck brokerage and other asset-light logistics services make up 14% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue (6%) reflects services offered to shippers and third-party truckers including insurance, equipment maintenance, and equipment leasing.

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