GoDaddy (GoDaddy) Retained Earnings : $-2,321 Mil (As of Dec. 2023)

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What is GoDaddy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GoDaddy's retained earnings for the quarter that ended in Dec. 2023 was $-2,321 Mil.

GoDaddy's quarterly retained earnings declined from Jun. 2023 ($-2,918 Mil) to Sep. 2023 ($-3,315 Mil) but then increased from Sep. 2023 ($-3,315 Mil) to Dec. 2023 ($-2,321 Mil).

GoDaddy's annual retained earnings declined from Dec. 2021 ($-1,475 Mil) to Dec. 2022 ($-2,423 Mil) but then increased from Dec. 2022 ($-2,423 Mil) to Dec. 2023 ($-2,321 Mil).

GoDaddy Retained Earnings Historical Data

The historical data trend for GoDaddy'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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GoDaddy Retained Earnings Chart

GoDaddy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-153.50

-1,190.90

-1,474.60

-2,422.60

-2,320.70

GoDaddy 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															-2,422.60	-2,489.30	-2,917.80	-3,315.30	-2,320.70

GoDaddy 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.

GoDaddy (NYSE:GDDY) 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.

GoDaddy (GoDaddy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GoDaddy Inc (NYSE:GDDY) » Definitions » Retained Earnings

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Traded in Other Exchanges

GDDY:Mexico 38D:Germany

Address

2155 E. GoDaddy Way, Tempe, AZ, USA, 85284

Website

https://www.godaddy.com

GoDaddy is a provider of domain registration and aftermarket services, website hosting, security, design, and business productivity tools, commerce solutions, and domain registry services. The company primarily targets micro- to small businesses, website design professionals, registrar peers, and domain investors. Since acquiring payment processing platform Poynt in 2021, the company has expanded into omnicommerce solutions, including offering an online payment gateway and offline point-of-sale devices.

Executives

Mark Mccaffrey	officer: Chief Financial Officer	C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Roger Chen	officer: Chief Operating Officer	C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Amanpal Singh Bhutani	director, officer: Chief Executive Officer	THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nick Daddario	officer: Chief Accounting Officer	C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Leah Sweet	director	C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Michele Lau	officer: Chief Legal Officer	C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Srinivas Tallapragada	director	THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Sigal Zarmi	director	1501 YAMATO ROAD, BOCA RATON FL 33431
Charles J Robel	director	INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Nima Kelly	officer: See Remarks	C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Winborne Raymond E Jr	officer: Chief Financial Officer	C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85050
Low Ah Kee Andrew	officer: Chief Revenue Officer	C/O GODADDY INC., 14455 N. HAYDEN RD., SCOTTSDALE AZ 85260
James M. Carroll	officer: See Remarks	C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Brian Sharples	director	1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746
Rebecca Morrow	officer: Chief Accounting Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405