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Amrep (AXR) Retained Earnings : $79.16 Mil (As of Jan. 2024)


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What is Amrep Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Amrep's retained earnings for the quarter that ended in Jan. 2024 was $79.16 Mil.

Amrep's quarterly retained earnings increased from Jul. 2023 ($77.96 Mil) to Oct. 2023 ($79.07 Mil) and increased from Oct. 2023 ($79.07 Mil) to Jan. 2024 ($79.16 Mil).

Amrep's annual retained earnings increased from Apr. 2021 ($47.71 Mil) to Apr. 2022 ($54.83 Mil) and increased from Apr. 2022 ($54.83 Mil) to Apr. 2023 ($76.62 Mil).


Amrep Retained Earnings Historical Data

The historical data trend for Amrep'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.

Amrep Retained Earnings Chart

Amrep Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.05 43.15 47.71 54.83 76.62

Amrep Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 76.94 76.62 77.96 79.07 79.16

Amrep 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.


Amrep  (NYSE:AXR) 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.


Amrep (AXR) Business Description

Traded in Other Exchanges
N/A
Address
850 West Chester Pike, Suite 205, Havertown, PA, USA, 19083
Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. Its operating segments include Land development and Homebuilding. The firm generates a majority of its revenue from the Land development segment. Geographically, all the activities are carried out throughout the United States.
Executives
James H Dahl 10 percent owner 1200 RIVERPLACE BLVD SUITE 902, 1200 RIVERPLACE BLVD SUITE 902, JACKSONVILLE FL 32207
Robert Robotti director 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
Cloues Edward B Ii director PENN VIRGINIA CORPORATION, FOUR RADNOR CORP. CTR., SUITE 200, RADNOR PA 19087
Rainey E. Lancaster 10 percent owner 1 APPLE PARK WAY, CUPERTINO CA 95014
Nick G Karabots director, 10 percent owner
Gate City Capital Management, Llc 10 percent owner 425 S. FINANCIAL PLACE, STE 910A, CHICAGO IL 60605
Theodore J. Gaasche director 1521 GREEN VALLEY DRIVE, COLLEGEVILLE PA 19426
Adrienne Uleau officer: VP, Finance & Accounting 1142 MYRTLEWOOD AVE, HAVERTOWN PA 19083
Heinrich Bauer (usa) Llc 10 percent owner 270 SYLVAN AVE, ENGELWOOD CLIFFS NJ 07632
Mcmonagle James Michael Jr officer: VP and Chief Financial Officer 620 W. GERMANTOWN PIKE, SUITE 175, PLYMOUTH MEETING PA 19462
Robert E Wisniewski officer: EVP and CFO C/O K-TRON INTERNATIONAL, INC., ROUTES 55 & 553, PO BOX 888, PITMAN NJ 08071
Clifford Robert Martin officer: VP and Chief Financial Officer AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Rory Burke officer: Pres&CEO, Palm Coast Data, LLC C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Christopher V Vitale officer: Vice Pres., Gen. Counsel & Sec AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Peter M. Pizza officer: Vice President and CFO C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540

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