GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » P.A.M. Transportation Services Inc (NAS:PTSI) » Definitions » Retained Earnings

P.A.M. Transportation Services (P.A.M. Transportation Services) Retained Earnings : $281.9 Mil (As of Dec. 2023)


View and export this data going back to 1981. Start your Free Trial

What is P.A.M. Transportation Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. P.A.M. Transportation Services's retained earnings for the quarter that ended in Dec. 2023 was $281.9 Mil.

P.A.M. Transportation Services's quarterly retained earnings increased from Jun. 2023 ($278.0 Mil) to Sep. 2023 ($284.1 Mil) but then declined from Sep. 2023 ($284.1 Mil) to Dec. 2023 ($281.9 Mil).

P.A.M. Transportation Services's annual retained earnings declined from Dec. 2021 ($301.4 Mil) to Dec. 2022 ($263.5 Mil) but then increased from Dec. 2022 ($263.5 Mil) to Dec. 2023 ($281.9 Mil).


P.A.M. Transportation Services Retained Earnings Historical Data

The historical data trend for P.A.M. Transportation Services'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.

P.A.M. Transportation Services Retained Earnings Chart

P.A.M. Transportation Services 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 207.01 224.83 301.35 263.49 281.90

P.A.M. Transportation Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 268.72 278.04 284.14 281.90 282.19

P.A.M. Transportation Services 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.


P.A.M. Transportation Services  (NAS:PTSI) 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.


P.A.M. Transportation Services (P.A.M. Transportation Services) Business Description

Traded in Other Exchanges
N/A
Address
297 West Henri De Tonti Boulevard, Tontitown, AR, USA, 72770
P.A.M. Transportation Services Inc is engaged in truckload dry van carriers transporting general commodities. Its operations are classified as motor carrier segment or brokerage and logistics services around the United States, Mexico, and Canada. The company freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. The company generates maximum revenue from the United States.
Executives
Edwin J. Lukas director 12225 STEPHENS ROAD, WARREN MI 48089
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
W Scott Davis director 7 SUNSET DRIVE, LITTLE ROCK AR 72207
Joseph A. Vitiritto director, officer: President and CEO P.O. BOX 188, TONTITOWN AR 72770
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Michael D. Bishop director P.O. BOX 188, TONTITOWN AR 72770
Humberto Pete Montano director P.O. BOX 188, TONTITOWN AR 72770
Allen West officer: VP Finance, CFO, Secy, Treas POST OFFICE BOX 188, TONTITOWN AR 72770
Matt Herndon officer: Chief Operating Officer 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Franklin Mclarty director 297 WEST HENRI DE TONTI, TONTITOWN AR 72770
Daniel H Cushman director, officer: President PO BOX 188, TONTITOWN AR 72770
Norman E Harned director 12225 STEPHENS ROAD, WARREN MI 48089
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Larry J Goddard officer: EXECUTIVE VICE PRESIDENT PAM TRANSPORTATION SVC INC, 297 W HENRI DETONTI BLVD, TONTITOWN AR 72712
Lance Stewart officer: VP Fin, CFO, Sec. and Treas. POST OFFICE BOX 188, TONTITOWN AR 72770