GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Columbus McKinnon Corp (NAS:CMCO) » Definitions » Retained Earnings

Columbus McKinnon (Columbus McKinnon) Retained Earnings : $388 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Columbus McKinnon Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Columbus McKinnon's retained earnings for the quarter that ended in Dec. 2023 was $388 Mil.

Columbus McKinnon's quarterly retained earnings increased from Jun. 2023 ($366 Mil) to Sep. 2023 ($380 Mil) and increased from Sep. 2023 ($380 Mil) to Dec. 2023 ($388 Mil).

Columbus McKinnon's annual retained earnings increased from Mar. 2021 ($294 Mil) to Mar. 2022 ($316 Mil) and increased from Mar. 2022 ($316 Mil) to Mar. 2023 ($357 Mil).


Columbus McKinnon Retained Earnings Historical Data

The historical data trend for Columbus McKinnon'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.

Columbus McKinnon Retained Earnings Chart

Columbus McKinnon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 236.46 290.44 293.80 316.34 356.76

Columbus McKinnon 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 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 346.87 356.76 366.03 379.83 387.55

Columbus McKinnon 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.


Columbus McKinnon  (NAS:CMCO) 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.


Columbus McKinnon (Columbus McKinnon) Business Description

Traded in Other Exchanges
Address
205 Crosspoint Parkway, Buffalo, NY, USA, 14068
Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.
Executives
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jon Adams officer: Interim VP Crane Solutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Kurt F Wozniak officer: VP - Latin America 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gerard G Colella director 6 SHATTUCK RD, ANDOVER MA 01810
Chad R Abraham director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Mark R Paradowski officer: VP - Information Services 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Alan S Korman officer: VP, Gen'l Counsel & Secretary 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gregory P Rustowicz officer: VP - Finance and CFO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Peter M Mccormick officer: VP-CraneSolutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Adrienne Williams officer: Vice President & CHRO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Terry Schadeberg officer: President Dorner Mfg. Corp. 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Michael Dastoor director C/O JABIL CIRCUIT, INC., 10560 DR. MARTIN LUTHER KING, JR. ST. N., ST. PETERSBURG FL 33716-3718
Mario Y. Ramos officer: VP Global Product Development 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
David J. Wilson director, officer: President & CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277