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Owens & Minor (Owens & Minor) Retained Earnings : $369 Mil (As of Dec. 2023)


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What is Owens & Minor Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Owens & Minor's retained earnings for the quarter that ended in Dec. 2023 was $369 Mil.

Owens & Minor's quarterly retained earnings declined from Jun. 2023 ($357 Mil) to Sep. 2023 ($351 Mil) but then increased from Sep. 2023 ($351 Mil) to Dec. 2023 ($369 Mil).

Owens & Minor's annual retained earnings increased from Dec. 2021 ($388 Mil) to Dec. 2022 ($410 Mil) but then declined from Dec. 2022 ($410 Mil) to Dec. 2023 ($369 Mil).


Owens & Minor Retained Earnings Historical Data

The historical data trend for Owens & Minor'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.

Owens & Minor Retained Earnings Chart

Owens & Minor 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 137.77 167.02 387.62 410.01 368.71

Owens & Minor 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 410.01 385.59 357.35 350.92 368.71

Owens & Minor 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.


Owens & Minor  (NYSE:OMI) 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.


Owens & Minor (Owens & Minor) Business Description

Traded in Other Exchanges
Address
9120 Lockwood Boulevard, Mechanicsville, VA, USA, 23116
Owens & Minor Inc distributes consumable medical supplies to a variety of providers. The business is under two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment includes the United States distribution business (Medical Distribution), outsourced logistics and value-added services business, and Global Products business which manufactures and sources medical surgical products through production and kitting operations. The Patient Direct segment includes home healthcare businesses (Byram and Apria).
Executives
Jonathan A Leon officer: SVP, Corporate Treasurer OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Perry A Bernocchi officer: EVP & CEO Patient Direct OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Heath H Galloway officer: EVP,General Counsel & CorpSecy OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Alexander J Bruni officer: EVP, CFO OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Edward A Pesicka director, officer: President & CEO 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Michael Wayne Lowry other: & Interim Chief Acctg Officer 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Snehashish Sarkar other: Chief Information Officer OWENS & MINOR INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Robert J Henkel director C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Carissa Rollins director 5200 ILLUMINA WAY, SAN DIEGO CA 92122
Tammy L Gomez officer: EVP, CHRO OWENS & MINOR, INC., 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Jeffrey T Jochims officer: EVP, Strategy & Solutions OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Rita Johnson-mills director C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Teresa L. Kline director C/O INTERSECT ENT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025
Gwendolyn M Bingham director C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Daniel J Starck officer: EVP, Pres. Patient Direct, other: & CEO, Apria CORVEL CORPORATION, 2010 MAIN STREET, SUITE 600, IRVINE CA 92614