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ON Semiconductor (ON Semiconductor) Retained Earnings : $6,548 Mil (As of Dec. 2023)


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What is ON Semiconductor Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ON Semiconductor's retained earnings for the quarter that ended in Dec. 2023 was $6,548 Mil.

ON Semiconductor's quarterly retained earnings increased from Jun. 2023 ($5,403 Mil) to Sep. 2023 ($5,985 Mil) and increased from Sep. 2023 ($5,985 Mil) to Dec. 2023 ($6,548 Mil).

ON Semiconductor's annual retained earnings increased from Dec. 2021 ($2,435 Mil) to Dec. 2022 ($4,364 Mil) and increased from Dec. 2022 ($4,364 Mil) to Dec. 2023 ($6,548 Mil).


ON Semiconductor Retained Earnings Historical Data

The historical data trend for ON Semiconductor'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.

ON Semiconductor Retained Earnings Chart

ON Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,191.30 1,425.50 2,435.10 4,364.40 6,548.10

ON Semiconductor 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 4,364.40 4,826.10 5,402.70 5,985.40 6,548.10

ON Semiconductor 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.


ON Semiconductor  (NAS:ON) 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.


ON Semiconductor (ON Semiconductor) Business Description

Traded in Other Exchanges
Address
5005 East McDowell Road, Phoenix, AZ, USA, 85008
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
Executives
Colpitts Bernard Raymond Jr officer: Chief Accounting Officer ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Christina Lampe-onnerud director C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Christine Y Yan director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Simon Keeton officer: EVP & GM, Pwr Sol Grp ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Hassane El-khoury director, officer: CEO & President ONSEMI C/O L. BELLERJEAU M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
Paul Anthony Mascarenas director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Sudhir Gopalswamy officer: SVP & GM, ASG 5701 N. PIMA ROAD, SCOTTSDALE AZ 85250
Robert Tong officer: SVP & GM, ASG 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Vince Craig Hopkin officer: EVP & GM, ASG ONSEMI C/O M COLLINS M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
George H Cave officer: Senior Vice President C O ONSEMI ATTN M COLLINS, 5005 E MCDOWELL RD MDA700, PHOENIX AZ 85008
Gregory L Waters director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Paul E Rolls officer: Exec VP Sales & Marketing C/O ON SEMICONDUCTOR, 5005 E MCDOWELL RD MD A700, PHOENIX AZ 85008
Emmanuel T Hernandez director C/O MEMC ELECTRONIC MATERIALS, INC., P O BOX 8, ST. PETERS MO 63376
Trent Thad officer: Exec VP & CFO ONSEMI C/O M. COLLINS M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
Bruce E Kiddoo director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250