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Cal-Maine Foods Inc  (NAS:CALM) Retained Earnings: $816 Mil (As of May. 2017)

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cal-Maine Foods Inc's retained earnings for the quarter that ended in May. 2017 was $816 Mil.

Cal-Maine Foods Inc's quarterly retained earnings increased from Nov. 2016 ($837 Mil) to Feb. 2017 ($841 Mil) but then declined from Feb. 2017 ($841 Mil) to May. 2017 ($816 Mil).

Cal-Maine Foods Inc's annual retained earnings increased from May. 2015 ($680 Mil) to May. 2016 ($890 Mil) but then declined from May. 2016 ($890 Mil) to May. 2017 ($816 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.

Cal-Maine Foods Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Retained Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 498.71 572.87 679.97 890.44 816.05

Cal-Maine Foods Inc Quarterly Data

Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 890.44 859.50 836.55 840.52 816.05

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.


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