USD 3,562 Mil as of today(2019-10-22). AAP Retained Earnings explanation, calculation, historical data and more" />AAP Retained Earnings | Advance Auto Parts - GuruFocus.com
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Advance Auto Parts Retained Earnings

: USD 3,562 Mil (As of Jun. 2019)
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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Advance Auto Parts's retained earnings for the quarter that ended in Jun. 2019 was USD 3,562 Mil.

Advance Auto Parts's quarterly retained earnings increased from Dec. 2018 (USD 3,326 Mil) to Apr. 2019 (USD 3,441 Mil) and increased from Apr. 2019 (USD 3,441 Mil) to Jun. 2019 (USD 3,562 Mil).

Advance Auto Parts's annual retained earnings increased from Dec. 2016 (USD 2,463 Mil) to Dec. 2017 (USD 2,920 Mil) and increased from Dec. 2017 (USD 2,920 Mil) to Dec. 2018 (USD 3,326 Mil).


Advance Auto Parts Retained Earnings Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Advance Auto Parts Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Retained Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,565.34 2,021.08 2,462.94 2,920.10 3,326.16

Advance Auto Parts Quarterly Data
Sep14 Dec14 Apr15 Jun15 Sep15 Dec15 Apr16 Jun16 Sep16 Dec16 Apr17 Jun17 Sep17 Dec17 Apr18 Jun18 Sep18 Dec18 Apr19 Jun19
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 3,165.70 3,277.12 3,326.16 3,441.14 3,561.62

Advance Auto Parts 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.


Advance Auto Parts  (NYSE:AAP) 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.


Advance Auto Parts Retained Earnings Headlines

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