GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zurn Elkay Water Solutions Corp (NYSE:ZWS) » Definitions » Retained Earnings

Zurn Elkay Water Solutions (Zurn Elkay Water Solutions) Retained Earnings : $-1,163 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Zurn Elkay Water Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zurn Elkay Water Solutions's retained earnings for the quarter that ended in Mar. 2024 was $-1,163 Mil.

Zurn Elkay Water Solutions's quarterly retained earnings declined from Sep. 2023 ($-1,167 Mil) to Dec. 2023 ($-1,178 Mil) but then increased from Dec. 2023 ($-1,178 Mil) to Mar. 2024 ($-1,163 Mil).

Zurn Elkay Water Solutions's annual retained earnings increased from Dec. 2021 ($-1,237 Mil) to Dec. 2022 ($-1,165 Mil) but then declined from Dec. 2022 ($-1,165 Mil) to Dec. 2023 ($-1,178 Mil).


Zurn Elkay Water Solutions Retained Earnings Historical Data

The historical data trend for Zurn Elkay Water Solutions'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.

Zurn Elkay Water Solutions Retained Earnings Chart

Zurn Elkay Water Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.70 85.90 -1,236.90 -1,164.90 -1,178.20

Zurn Elkay Water Solutions 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 -1,179.10 -1,195.30 -1,166.90 -1,178.20 -1,162.80

Zurn Elkay Water Solutions 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.


Zurn Elkay Water Solutions  (NYSE:ZWS) 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.


Zurn Elkay Water Solutions (Zurn Elkay Water Solutions) Business Description

Traded in Other Exchanges
Address
511 West Freshwater Way, Milwaukee, WI, USA, 53204
Zurn Elkay Water Solutions Corp designs procure, manufactures, and markets a range of clean water solutions for drinking water, hygiene, and sustainable water management. The Zurn Elkay product portfolio includes professional-grade water control and safety, water distribution and drainage, drinking water, finish plumbing, hygienic, environmental and site works products for public and private spaces.
Executives
Michael Troutman officer: Chief Information Officer 247 FRESHWATER WAY, SUITE 300, MILWAUKEE WI 53204
Craig Wehr officer: Group Ex., President-Zurn C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Emma M Mctague director 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jeffrey A Schoon officer: Executive Vice President 511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Kate Silha officer: Chief Human Resources Officer 511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Rodney Jackson officer: SVP-Bus.&Corp. Development C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Sudhanshu Chhabra officer: VP-Zurn Business Systems C/O REXNORD CORPORATION, 247 FRESHWATER WAY, SUITE 300, MILWAUKEE WI 53204
Thomas Christopoul director RESOURCES CONNECTION INC, 17101 ARMSTRONG AVENUE, IRVINE CA 92614
Katz 2004 Dyn Trust 10 percent owner C/O ERROL R. HALPERIN, 444 W. LAKE STREET, SUITE 900, CHICAGO IL 60606
Errol R. Halperin director C/O VITAL THERAPIES, INC., 15010 AVENUE OF SCIENCE, SUITE 200, SAN DIEGO CA 92128
Timothy J Jahnke director 115 ANSLEY WAY, ROSWELL GA 30075
Hamilton William Edward Iv officer: Pres. Elkay Mfg. Company 511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Cascade Bay Llc 10 percent owner C/O THE NORTHERN TRUST COMPANY, 50 S. LASALLE ST., B-3, CHICAGO IL 60603
Ice Mountain Llc 10 percent owner C/O THE NORTHERN TRUST COMPANY, 50 S. LASALLE ST., B-3, CHICAGO IL 60603
Ronald C. Katz 10 percent owner 827 S. GARFIELD STREET, HINSDALE IL 60521