Astronics (Astronics) Retained Earnings : $209.8 Mil (As of Dec. 2023)

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What is Astronics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Astronics's retained earnings for the quarter that ended in Dec. 2023 was $209.8 Mil.

Astronics's quarterly retained earnings stayed the same from Jun. 2023 ($0.0 Mil) to Sep. 2023 ($0.0 Mil) but then increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($209.8 Mil).

Astronics's annual retained earnings declined from Dec. 2021 ($287.2 Mil) to Dec. 2022 ($240.4 Mil) and declined from Dec. 2022 ($240.4 Mil) to Dec. 2023 ($209.8 Mil).

Astronics Retained Earnings Historical Data

The historical data trend for Astronics'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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Astronics Retained Earnings Chart

Astronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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428.58

312.80

287.23

240.36

209.75

Astronics 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															240.36	-	-	-	209.75

Astronics 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.

Astronics (NAS:ATRO) 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.

Astronics (Astronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astronics Corp (NAS:ATRO) » Definitions » Retained Earnings

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ATROB:USA AC1:Germany AC1:Germany

Address

130 Commerce Way, East Aurora, NY, USA, 14052

Website

https://www.astronics.com

Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.

Executives

Robert S Keane	director, 10 percent owner	CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Linda O'brien	director	6124 FOREST HIGHLANDS DR., FORT WORTH TX 76132
Warren C Johnson	director	P.O. BOX 189, 13133 BEAR ROAD, WALES CENTER NY 14169
Nancy L Hedges	officer: Principal Accounting Officer	130 COMMERCE WAY, EAST AURORA NY 14052
Jeffry D Frisby	director	C/O QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 HECTOR STREET, CONSHOHOCKEN PA 19428
James Mulato	other: Pres Astronics Test Systems	4 GOODYEAR, IRVINE CA 92677
Mark Peabody	officer: VP Astronics Advanced Electron	130 COMMERCE WAY, EAST AURORA NY 14052
Tonit M Calaway	director	HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
David C Burney	officer: VP-Finance, Treasurer	130 COMMERCE WAY, EAST AURORA NY 14052
Michael C Kuehn	officer: Executive Vice President	130 COMMERCE WAY, EAST AURORA NY 14052
Mark J Moran	director	1600 SMITH STREET, HQSEO, HOUSTON TX 77002
James S Kramer	officer: VP Luminescent Systems, Inc.	130 COMMERCE WAY, EAST AURORA NY 14052
Peter J Gundermann	director	130 COMMERCE WAY, EAST AURORA NY 14052
Robert J Mckenna	director	38 QUARTERMASTER DRIVE, SALEM SC 29676
5096 Saranac Llc	10 percent owner	1801 ELMWOOD AVENUE, SUITE 1, BUFFALO NY 14207-2463