Deluxe (Deluxe) Retained Earnings

: $491 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Deluxe's retained earnings for the quarter that ended in Dec. 2023 was $491 Mil.

Deluxe's quarterly retained earnings declined from Jun. 2023 ($511 Mil) to Sep. 2023 ($490 Mil) but then increased from Sep. 2023 ($490 Mil) to Dec. 2023 ($491 Mil).

Deluxe's annual retained earnings increased from Dec. 2021 ($506 Mil) to Dec. 2022 ($519 Mil) but then declined from Dec. 2022 ($519 Mil) to Dec. 2023 ($491 Mil).

Deluxe Retained Earnings Historical Data

The historical data trend for Deluxe'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.

Deluxe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

572.60

495.15

505.76

518.64

491.24

Deluxe Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																518.64	507.99	511.06	489.68	491.24

Deluxe 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.

Deluxe (NYSE:DLX) 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.

Deluxe (Deluxe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Deluxe Corp (NYSE:DLX) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

801 S. Marquette Avenue, Minneapolis, MN, USA, 55402-2807

Website

https://www.deluxe.com

Deluxe Corporation engaged in providing payment solutions. The company operates in 4 segments. Payments includes merchant in-store, online and mobile payment solutions; treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing and paperless treasury management; payroll and disbursement services, including Deluxe Payment Exchange; and fraud and security services. Data Solutions includes data-driven marketing solutions; hosted solutions, including digital engagement, logo design; web hosting and design services. Promotional Solutions includes business forms, accessories, advertising specialties and promotional apparel. Checks includes printed business and personal checks.

Executives

Yogaraj Jeyaprakasam	officer: Chief Tech. & Digital Officer	801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Kristopher D Lazzaretti	officer: President, Data Solutions	801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Debra A Bradford	officer: President, Merchant Services
William C Zint	officer: SVP, Chief Financial Offier	801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Jean L Herrick	officer: SVP, CHRO	801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Chad P Kurth	officer: Chief Accounting Officer, PAO	801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Scott C Bomar	officer: SVP, Chief Financial Officer	3680 VICTORIA STREET N, SHOREVIEW MN 55126
Telisa L Yancy	director	3680 VICTORIA STREET N, SHOREVIEW MN 55126
Thomas Riccio	officer: SVP, Division President	3680 VICTORIA STREET N, SHOREVIEW MN 55126
Paul R Garcia	director	214 N TRYON STREET, CHARLOTTE NC 28202
Houwelingen Ronald Van	officer: VP, Controller, PAO	3680 VICTORIA STREET N, SHOREVIEW MN 55126
Christopher Lee Thomas	officer: SVP, CRO	3680 VICTORIA STREET N, SHOREVIEW MN 55126
William C Cobb	director	H&R BLOCK, INC., ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Thomas Reddin	director	11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael Aaron Reed	officer: SVP & General Manager	3680 VICTORIA STREET N, SHOREVIEW MN 55126