GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » J. W. Mays Inc (NAS:MAYS) » Definitions » Retained Earnings

J. W. Mays (J. W. Mays) Retained Earnings : $48.78 Mil (As of Jan. 2024)


View and export this data going back to 1984. Start your Free Trial

What is J. W. Mays Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. J. W. Mays's retained earnings for the quarter that ended in Jan. 2024 was $48.78 Mil.

J. W. Mays's quarterly retained earnings declined from Jul. 2023 ($49.07 Mil) to Oct. 2023 ($48.88 Mil) and declined from Oct. 2023 ($48.88 Mil) to Jan. 2024 ($48.78 Mil).

J. W. Mays's annual retained earnings declined from Jul. 2021 ($49.86 Mil) to Jul. 2022 ($49.15 Mil) and declined from Jul. 2022 ($49.15 Mil) to Jul. 2023 ($49.07 Mil).


J. W. Mays Retained Earnings Historical Data

The historical data trend for J. W. Mays'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.

J. W. Mays Retained Earnings Chart

J. W. Mays Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.37 49.47 49.86 49.15 49.07

J. W. Mays Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 49.26 49.22 49.07 48.88 48.78

J. W. Mays 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.


J. W. Mays  (NAS:MAYS) 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.


J. W. Mays (J. W. Mays) Business Description

Traded in Other Exchanges
N/A
Address
9 Bond Street, Brooklyn, NY, USA, 11201-5805
J. W. Mays Inc is a real estate company. It is engaged in the leasing of real estate and operates a number of commercial real estate properties in New York. The company leases its properties to retail, restaurant, commercial, and other tenants. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown, and Massapequa.
Executives
Gailoyd Enterprises Corp. 10 percent owner 961 ROUTE 52, CARMEL NY 10512
Steven Gurney-goldman director C/O SOL GOLDMAN INVESTMENTS, LLC, 1185 SIXTH AVENUE - 10TH FLOOR, NEW YORK NY 10036
Jane H Goldman 10 percent owner ESTATE OF SOL GOLDMAN, 640 FIFTH ST THIRD FLOOR, NEW YORK NY 10019
Louisa Little 10 percent owner ESTATE OF SOL GOLDMAN, 640 FIFTH AVE THIRD FLOOR, NEW YORK NY 10019
Allan H. Goldman 10 percent owner 640 FIFTH AVE, NEW YORK NY 10019
Lillian Goldman Marital Trust 10 percent owner 640 FIFTH AVE, NEW YORK NY 10019
Lloyd J Shulman director, officer: Chairman, CEO, President C/O J.W. MAYS, 9 BOND STREET, BROOKLYN NY 11201

J. W. Mays (J. W. Mays) Headlines

From GuruFocus

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 06-10-2010

Leasing Companies Offer Strong Value Opportunities

By James Li James Li 09-19-2016

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 03-10-2011

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 12-10-2009

6 Real Estate Companies Trading with Low Price-Sales Ratios

By Tiziano Frateschi Tiziano Frateschi 10-30-2020