GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Stride Inc (NYSE:LRN) » Definitions » Retained Earnings

Stride (Stride) Retained Earnings

: $426 Mil (As of Dec. 2023)
View and export this data going back to 2007. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Stride's retained earnings for the quarter that ended in Dec. 2023 was $426 Mil.

Stride's quarterly retained earnings increased from Jun. 2023 ($354 Mil) to Sep. 2023 ($359 Mil) and increased from Sep. 2023 ($359 Mil) to Dec. 2023 ($426 Mil).

Stride's annual retained earnings increased from Jun. 2021 ($112 Mil) to Jun. 2022 ($227 Mil) and increased from Jun. 2022 ($227 Mil) to Jun. 2023 ($354 Mil).


Stride Retained Earnings Historical Data

The historical data trend for Stride'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.

Stride Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.45 46.95 112.15 227.46 354.33

Stride 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 255.50 310.96 354.33 359.21 426.04

Stride 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.


Stride  (NYSE:LRN) 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.


Stride (Stride) Business Description

Traded in Other Exchanges
Address
11720 Plaza America, 9th Floor, Reston, VA, USA, 20190
Stride Inc is an American online educational company. The company offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
Executives
Robert Cohen director 7900 HARKINS ROAD, LANHAM MD 20706
Eliza Mcfadden director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Les Ottolenghi officer: Chief Info. & Tech. Officer ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Vincent Mathis officer: EVP, General Counsel 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
James Jeaho Rhyu director, officer: Chief Executive Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Donna Blackman officer: Chief Financial Officer 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Ralph R Smith director 1615 WEST CHESTER PIKE, STE 200, WEST CHESTER PA 19382-7956
Allison Lawrence director 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Joseph A Verbrugge director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Nathaniel A Davis director, officer: Chairman and CEO 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Shaun Mcalmont officer: EVP, Career Technical Ed. C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Kevin Chavous director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Timothy Medina officer: Chief Financial Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Victoria D Harker director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Howard D. Polsky officer: General Counsel & Secretary 2300 CORPORATE PARK DRIVE, HERNDON VA 20171