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OneWater Marine (OneWater Marine) Retained Earnings : $158 Mil (As of Dec. 2023)


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What is OneWater Marine Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. OneWater Marine's retained earnings for the quarter that ended in Dec. 2023 was $158 Mil.

OneWater Marine's quarterly retained earnings declined from Jun. 2023 ($264 Mil) to Sep. 2023 ($165 Mil) and declined from Sep. 2023 ($165 Mil) to Dec. 2023 ($158 Mil).

OneWater Marine's annual retained earnings increased from Sep. 2021 ($75 Mil) to Sep. 2022 ($205 Mil) but then declined from Sep. 2022 ($205 Mil) to Sep. 2023 ($165 Mil).


OneWater Marine Retained Earnings Historical Data

The historical data trend for OneWater Marine'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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OneWater Marine Retained Earnings Chart

OneWater Marine Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial - 16.76 74.95 204.88 165.43

OneWater Marine 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 213.77 235.75 264.33 165.43 158.26

OneWater Marine 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.


OneWater Marine  (NAS:ONEW) 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.


OneWater Marine (OneWater Marine) Business Description

Traded in Other Exchanges
N/A
Address
6275 Lanier Islands Parkway, Buford, GA, USA, 30518
OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segment- Dealerships and Distribution. Its dealer groups are located throughout the Southeast, Gulf Coast, Mid-Atlantic, and Northeast. The company's revenue profile is comprised of new boat sales, pre-owned boat sales, finance and insurance products, repair and maintenance services, and parts and accessories. Majority of revenue is generated from sale of new boats.
Executives
Singleton Philip Austin Jr. director, officer: CEO and Director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
John Schraudenbach director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Jeffrey B. Lamkin director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Anthony M Aisquith officer: President and COO C/O ONE WATER MARINE INC., 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
J Steven Roy director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Mitchell W Legler director C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Shell Greg Allen Sr. director 200 CLARENDON STREET, BOSTON MA 02116
John Troiano director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Jack P Ezzell officer: Chief Financial Officer C/O ONEWATER MARINE INC., 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Keith Style director C/O ASBURY AUTOMOTIVE GROUP, INC., 2905 PREMIERE PARKWAY NW, SUITE 300, DULUTH GA 30097
Michelle Singleton other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Owmh, Lllp Auburn other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Austin Singleton Irrevocable Trust, Dated December 30, 2015 other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Philip Singleton Irrevocable Trust, Dated December 24, 2015 other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518