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CDK Global (CDK Global) Retained Earnings : $2,144 Mil (As of Mar. 2022)


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What is CDK Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CDK Global's retained earnings for the quarter that ended in Mar. 2022 was $2,144 Mil.

CDK Global's quarterly retained earnings increased from Sep. 2021 ($2,051 Mil) to Dec. 2021 ($2,096 Mil) and increased from Dec. 2021 ($2,096 Mil) to Mar. 2022 ($2,144 Mil).

CDK Global's annual retained earnings increased from Jun. 2019 ($912 Mil) to Jun. 2020 ($1,046 Mil) and increased from Jun. 2020 ($1,046 Mil) to Jun. 2021 ($1,997 Mil).


CDK Global Retained Earnings Historical Data

The historical data trend for CDK Global'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.

CDK Global Retained Earnings Chart

CDK Global Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 452.70 753.00 911.60 1,045.50 1,997.40

CDK Global Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1,966.60 1,997.40 2,050.60 2,096.10 2,144.40

CDK Global 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.


CDK Global  (NAS:CDK) 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.


CDK Global (CDK Global) Business Description

Traded in Other Exchanges
N/A
Address
1950 Hassell Road, Hoffman Estates, IL, USA, 60169
CDK Global Inc provides integrated information technology solutions to the automotive retail and adjacent industries in North America. The company's solutions connect people with technology by automating and integrating all parts of the dealership and buying process, including the acquisition, sale, financing, insuring, parts supply, repair, and maintenance of vehicles. It generates maximum revenue from subscriptions.
Executives
Lee J. Brunz officer: General Counsel and Secretary C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Neil B Fairfield officer: VP, Corporate Controller & CAO 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Eric Guerin officer: EVP, Chief Financial Officer 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169
Jennifer A. Williams officer: VP, Corporate Controller & CAO 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Mahesh Shah officer: Chief Product & Tech. Officer 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Scott W Herbers officer: EVP, North America Sales 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Neil Packham officer: President, CDK International 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Joseph A Tautges officer: Executive Vice President CDK GLOBAL, INC. 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169
Brian M Krzanich director, officer: CEO / President 1210 MACDONALD RANCH ROAD, HENDERSON NV 89012
Rajiv K Amar officer: Chief Technology Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Scott L. Mathews officer: VP & President, Digital Mktg C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Amy W. Byrne officer: Chief Human Resources Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Brian P Macdonald director 1735 MARKET STREET, PHILADELPHIA PA 19103
Frey Ronald L Jr officer: Chief Global Strategy Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Stephen A. Miles director C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169

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