Fox Factory Holding (Fox Factory Holding) Retained Earnings

: $878 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fox Factory Holding's retained earnings for the quarter that ended in Dec. 2023 was $878 Mil.

Fox Factory Holding's quarterly retained earnings increased from Jun. 2023 ($846 Mil) to Sep. 2023 ($881 Mil) but then declined from Sep. 2023 ($881 Mil) to Dec. 2023 ($878 Mil).

Fox Factory Holding's annual retained earnings increased from Dec. 2021 ($559 Mil) to Dec. 2022 ($764 Mil) and increased from Dec. 2022 ($764 Mil) to Dec. 2023 ($878 Mil).

Fox Factory Holding Retained Earnings Historical Data

The historical data trend for Fox Factory Holding'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.

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Fox Factory Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

312.49

394.98

558.80

764.08

878.09

Fox Factory Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																764.08	805.84	845.58	880.87	878.09

Fox Factory Holding 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.

Fox Factory Holding (NAS:FOXF) 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.

Fox Factory Holding (Fox Factory Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fox Factory Holding Corp (NAS:FOXF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

FF0:Germany FF0:Germany

Address

2055 Sugarloaf Circle, Suite 300, Duluth, GA, USA, 30097

Website

https://www.ridefox.com

Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used primarily on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North Americas and also has a presence in Asia, Europe, and the Rest of the World.

Executives

Thomas E. Duncan	director	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Paul Stecher	officer: SEE REMARKS (A)	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Michael C. Dennison	director	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Christopher Tutton	officer: SEE REMARKS (A)	C/O FOX FACTORY HOLDING CORP., 6634 HIGHWAY 53, BRASELTON GA 30517
Dennis Charles Schemm	officer: CFO & Treasurer	CONTINENTAL BUILDING PRODUCTS, 12950 WORLDGATE DRIVE, HERNDON VA 20170
Dudley W Mendenhall	director	5818 EL CAMINO REAL, CARLSBAD CA 92008
Brendan Enick	officer: Chief Accounting Officer	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Maggie Elizabeth Torres	officer: Interim CFO & Treasurer	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Thomas L. Fletcher	officer: SEE REMARKS (A)	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Elizabeth A Fetter	director	1400 MARINA WAY SOUTH, RICHMOND CA 94804
Richard T. Winters	officer: SEE REMARKS (A)	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Scott Randall Humphrey	officer: CFO & TREASURER	C/O FOX FACTORY HOLDING CORP., 6634 HIGHWAY 53, BRASELTON GA 30517
Toby D Merchant	officer: Chief Legal Officer	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Larry L Enterline	director, officer: Chief Executive Officer	2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Sidney Johnson	director	C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097