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Generac Holdings (Generac Holdings) Retained Earnings : $2,543 Mil (As of Mar. 2024)


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What is Generac Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Generac Holdings's retained earnings for the quarter that ended in Mar. 2024 was $2,543 Mil.

Generac Holdings's quarterly retained earnings increased from Sep. 2023 ($2,423 Mil) to Dec. 2023 ($2,519 Mil) and increased from Dec. 2023 ($2,519 Mil) to Mar. 2024 ($2,543 Mil).

Generac Holdings's annual retained earnings increased from Dec. 2021 ($1,966 Mil) to Dec. 2022 ($2,316 Mil) and increased from Dec. 2022 ($2,316 Mil) to Dec. 2023 ($2,519 Mil).


Generac Holdings Retained Earnings Historical Data

The historical data trend for Generac Holdings'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.

Generac Holdings Retained Earnings Chart

Generac Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,084.38 1,432.57 1,965.96 2,316.22 2,519.31

Generac Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,319.64 2,363.02 2,423.35 2,519.31 2,542.86

Generac Holdings 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.


Generac Holdings  (NYSE:GNRC) 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.


Generac Holdings (Generac Holdings) Business Description

Traded in Other Exchanges
Address
S45 W29290 Highway 59, Waukesha, WI, USA, 53189
Generac Power Systems designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
Executives
Aaron Jagdfeld director, officer: Chief Executive Officer C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Rajendra Kumar Kanuru officer: EVP, GC, Corp. Secretary S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
Robert D Dixon director 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Norman P Taffe officer: President Energy Technology 3901 NORTH FIRST STREET, SAN JOSE CA 95134
Russell S Minick officer: Executive Vice President Sales 414 EAST THIRD STREET, MUSCATINE IA 52761
Nam Tran Nguyen director S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
York A. Ragen officer: Chief Financial Officer C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Patrick John Forsythe officer: Exec Vice President C/O GENERAC HOLDINGS INC., P.O. BOX 8, WAUKESHA WI 53189
Erik Wilde officer: EVP - NAM Industrial S45 W29290 HWY 59, C/O GENERAC HOLDINGS, INC., WAUKESHA WI 53189
Kyle Andrew Raabe officer: EVP Consumer Power S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
Thomas F Pettit officer: Chief Operations Officer 5695 MERRY LANE, EXCELSIOR MN 55331
Marcia J Avedon director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Roger Pascavis officer: Senior VP, Operations C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Jeffrey Lee Mueller officer: President/GM - Consumer Power GENERAC POWER SYSTEMS, INC., S45 W29290 HWY. 59, WAUKESHA WI 53189
Jenkins William D Jr director C/O PALO ALTO NETWORKS INC, 3000 TANNERY WAY, SANTA CLARA CA 95054