Switch to:
Walt Disney Co  (NYSE:DIS) Retained Earnings: $70,863 Mil (As of Jun. 2017)

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Walt Disney Co's retained earnings for the quarter that ended in Jun. 2017 was $70,863 Mil.

Walt Disney Co's quarterly retained earnings increased from Dec. 2016 ($67,327 Mil) to Mar. 2017 ($69,708 Mil) and increased from Mar. 2017 ($69,708 Mil) to Jun. 2017 ($70,863 Mil).

Walt Disney Co's annual retained earnings increased from Sep. 2015 ($59,028 Mil) to Sep. 2016 ($66,088 Mil) and increased from Sep. 2016 ($66,088 Mil) to Sep. 2017 ($72,606 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Walt Disney Co Annual Data

Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Retained Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47,758.00 53,734.00 59,028.00 66,088.00 72,606.00

Walt Disney Co Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Retained Earnings 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 Premium Member Only Premium Member Only Premium Member Only 66,088.00 67,327.00 69,708.00 70,863.00 72,606.00

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.


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.


Headlines

From the Internet

DIS
Fox's Murdochs at 21st century crossroad

- theStreet 2017-11-17 14:00:00

DIS
Benchmark Indexes Lower but Retail Shares Rally

- theStreet 2017-11-17 12:12:00

DIS
Wall Street Dips as Stocks Ease Off Record Rally

- theStreet 2017-11-17 09:36:00

DIS
Wall Street Breakfast Nafta Talks Resume Mexico City

- Seekingalpha 2017-11-17 06:36:38

DIS
40 Dividend Stocks Battling 2018

- Seekingalpha 2017-11-17 03:46:42

DIS
Comcast Approaches Fox to Acquire TV, Film Assets

- Bloomberg 2017-11-16 17:17:35

DIS
Things Looking Disney

- Seekingalpha 2017-11-16 11:51:40

DIS
Viacom's prospects get even dimmer

- Barron's 2017-11-16 11:11:00

DIS
Why I'm Not Selling My Walt Disney Shares

- Fool 2017-11-16 09:16:00

DIS
5 Things Disney Wants You to Know

- Fool 2017-11-16 09:00:00

DIS
Girls Who Code Has Invaded Microsoft and Facebook

- theStreet 2017-11-16 08:00:00

DIS
Wall Street Breakfast Tesla Plugs New Truck

- Seekingalpha 2017-11-16 07:06:42

DIS
Justice League Remains Important And T Investors

- Seekingalpha 2017-11-16 00:37:32

DIS
Disney's Loss Is Sirius XM's Gain

- Fool 2017-11-15 15:13:00

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK