GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dow Inc (NYSE:DOW) » Definitions » Retained Earnings

Dow (DOW) Retained Earnings

: $21,774 Mil (As of Dec. 2023)
View and export this data going back to 2019. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dow's retained earnings for the quarter that ended in Dec. 2023 was $21,774 Mil.

Dow's quarterly retained earnings declined from Jun. 2023 ($22,570 Mil) to Sep. 2023 ($22,376 Mil) and declined from Sep. 2023 ($22,376 Mil) to Dec. 2023 ($21,774 Mil).

Dow's annual retained earnings increased from Dec. 2021 ($20,623 Mil) to Dec. 2022 ($23,180 Mil) but then declined from Dec. 2022 ($23,180 Mil) to Dec. 2023 ($21,774 Mil).


Dow Retained Earnings Historical Data

The historical data trend for Dow'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.

Dow Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Premium Member Only Premium Member Only Premium Member Only 17,045.00 16,361.00 20,623.00 23,180.00 21,774.00

Dow Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23,180.00 22,584.00 22,570.00 22,376.00 21,774.00

Dow 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.


Dow  (NYSE:DOW) 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.


Dow (DOW) Business Description

Address
2211 H.H. Dow Way, Midland, MI, USA, 48674
Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.
Executives
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Jeffrey L. Tate officer: Chief Financial Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Debra L. Dial director 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Lisa Bryant officer: Chief Human Resources Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Howard I Ungerleider officer: President and CFO 2211 H.H. DOW WAY, MIDLAND MI 48674
Jerri Devard director 120 E 87TH STREET, #P6A, NEW YORK NY 10128
Jacqueline C. Hinman director 9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
James R Fitterling officer: Chief Executive Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Moreno Mejia Luis Alberto director C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
John Maurice Sampson officer: Senior Vice President C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
Peter Holicki officer: Senior Vice President 2211 H.H. DOW WAY, MIDLAND MI 48674
Banister Gaurdie E. Jr. director 2211 H.H. DOW WAY, MIDLAND MI 48674
Diego Donoso officer: President, Pkg & Spec Plastics 2211 H.H. DOW WAY, MIDLAND MI 48674
Jack Broodo officer: President, Feedstocks & Energy 2211 H.H. DOW WAY, MIDLAND MI 48640
Jane Palmieri officer: President, Ind Interm & Infras 2211 H.H. DOW WAY, MIDLAND MI 48674

Dow (DOW) Headlines

From GuruFocus

Dow Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Dow Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2021 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Dow Inc at JPMorgan Industrials Conference Transcript

By GuruFocus Research 01-22-2024