The AZEK Co (STU:4N1) Retained Earnings : €56 Mil (As of Jun. 2024)

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What is The AZEK Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The AZEK Co's retained earnings for the quarter that ended in Jun. 2024 was €56 Mil.

The AZEK Co's quarterly retained earnings increased from Dec. 2023 (€-18 Mil) to Mar. 2024 (€10 Mil) and increased from Mar. 2024 (€10 Mil) to Jun. 2024 (€56 Mil).

The AZEK Co's annual retained earnings increased from Sep. 2021 (€-160 Mil) to Sep. 2022 (€-128 Mil) and increased from Sep. 2022 (€-128 Mil) to Sep. 2023 (€-60 Mil).

The AZEK Co Retained Earnings Historical Data

The historical data trend for The AZEK Co'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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The AZEK Co Retained Earnings Chart

The AZEK Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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-147.62

-240.67

-159.99

-128.01

-60.32

The AZEK Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															-80.94	-60.32	-17.72	9.69	56.33

The AZEK Co 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.

The AZEK Co (STU:4N1) 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.

The AZEK Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » The AZEK Co Inc (STU:4N1) » Definitions » Retained Earnings

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AZEK:USA

Address

1330 W Fulton Street, Suite 350, Chicago, IL, USA, 60607

Website

https://www.azekco.com

The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, outdoor furniture among others. The company operates in two segments which are Residential and Commercial. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.

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