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Innospec (Innospec) Retained Earnings : $1,028 Mil (As of Dec. 2023)


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What is Innospec Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Innospec's retained earnings for the quarter that ended in Dec. 2023 was $1,028 Mil.

Innospec's quarterly retained earnings increased from Jun. 2023 ($969 Mil) to Sep. 2023 ($1,008 Mil) and increased from Sep. 2023 ($1,008 Mil) to Dec. 2023 ($1,028 Mil).

Innospec's annual retained earnings increased from Dec. 2021 ($823 Mil) to Dec. 2022 ($924 Mil) and increased from Dec. 2022 ($924 Mil) to Dec. 2023 ($1,028 Mil).


Innospec Retained Earnings Historical Data

The historical data trend for Innospec'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.

Innospec Retained Earnings Chart

Innospec 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 755.50 758.60 822.90 924.20 1,028.20

Innospec 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 924.20 957.40 969.10 1,008.30 1,028.20

Innospec 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.


Innospec  (NAS:IOSP) 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.


Innospec (Innospec) Business Description

Traded in Other Exchanges
Address
8310 South Valley Highway, Suite 350, Englewood, CO, USA, 80112
Innospec Inc manufactures and sells a variety of chemicals and fuel additives. The firm organizes itself into three segments based on product type. The fuel specialties segment, which generates the majority of revenue, sells products used to improve fuel efficiency, boost engine performance, and reduce emissions for automobiles, boats, and airplanes. It also sells products used by oil field services providers in the extraction of oil and gas. The performance chemicals segment sells products to the personal-care industry. The Oilfield Services segment develops and markets products to prevent loss of mud.
Executives
Larry Padfield director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Claudia Poccia director 8310 SOUTH VALLEY HIGHWAY, SUITE 350, ENGLEWOOD CO 80112
Leslie J Parrette director
Barnes Corbin officer: SVP, Corporate Dev and IR 8310 SOUTH VALLEY HIGHWAY, SUITE 350, ENGLEWOOD CO 80112
Philip John Boon other: Marketing Director Pet Specs 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Ian Cleminson officer: Exec VP & CFO OAK DALE, 84 ALBERT ROAD, GRAPPENHALL, WARRINGTON X0 WA4 2PG
Patrick Williams officer: Exec VP & President, Pet Specs 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Bentley Jones David officer: VP, GC & CCO 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
David Landless director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Milton C Blackmore director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Brian Watt other: VP, Strategic Planning THE LODGE, HUSTHWAITE, YORK X0 YO61 4PD
Catherine Hessner officer: Senior VP - Human Resources 33 STRAWBERRY LANE, WILMSLOW CHESHIRE X0 SK96AQ
Griffin Hardy Louis Iii officer: SVP, HUMAN RESOURCES 8310 SOUTH VALLEY HIGHWAY, SUITE 350, ENGLEWOOD CO 80112
Elizabeth K Arnold director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Graeme Blair officer: Head of Group Finance 8310 SOUTH VALLEY HIGHWAY, SUITE 350, ENGLEWOOD CO 80112