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Resideo Technologies (Resideo Technologies) Retained Earnings : $810 Mil (As of Dec. 2023)


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What is Resideo Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Resideo Technologies's retained earnings for the quarter that ended in Dec. 2023 was $810 Mil.

Resideo Technologies's quarterly retained earnings increased from Jun. 2023 ($707 Mil) to Sep. 2023 ($728 Mil) and increased from Sep. 2023 ($728 Mil) to Dec. 2023 ($810 Mil).

Resideo Technologies's annual retained earnings increased from Dec. 2021 ($317 Mil) to Dec. 2022 ($600 Mil) and increased from Dec. 2022 ($600 Mil) to Dec. 2023 ($810 Mil).


Resideo Technologies Retained Earnings Historical Data

The historical data trend for Resideo Technologies'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.

Resideo Technologies Retained Earnings Chart

Resideo Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 38.00 75.00 317.00 600.00 810.00

Resideo Technologies 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 600.00 657.00 707.00 728.00 810.00

Resideo Technologies 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.


Resideo Technologies  (NYSE:REZI) 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.


Resideo Technologies (Resideo Technologies) Business Description

Traded in Other Exchanges
Address
16100 North 71st Street, Suite 550, Scottsdale, AZ, USA, 85254
Resideo Technologies Inc is a manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions. The company has two reportable segments; Products and Solutions segment offers temperature and humidity control, energy products and solutions, water and air solutions, smoke and carbon monoxide detection home safety products, security panels, sensors, peripherals, wire and cable, communications devices, video cameras, other home-related lifestyle convenience solutions, and ADI Global Distribution segment includes wholesale distributor of low-voltage security products including access control, fire detection, security, and video products. It derives a majority of its revenue from the United States.
Executives
Phillip L. Theodore officer: Pres., Products & Solutions 901 E. 6TH STREET, AUSTIN TX 78701
Tina M Beskid officer: Chief Accounting Officer 1835 DUEBER AVENUE, S.W., CANTON OH 44706
Jay L Geldmacher director, officer: President and CEO 5810 VAN ALLEN WAY, CARLSBAD CA 92008
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
Jeannine J Lane officer: See Remarks 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Robert B Aarnes officer: PRESIDENT, ADI 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Dana Edward Huth officer: EVP, Chief Revenue Officer 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Anthony L Trunzo officer: EVP, Chief Financial Officer 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Kareem Yusuf director 901 E. 6TH STREET, AUSTIN TX 78701
Travis D Merrill officer: EVP, Chief Strat & Cml Officer 27700 SW PARKWAY AVE., WILSONVILLE OR 97070
Roger Fradin director C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Paul F Deninger director C/O JEFFERIES & CO., 1050 WINTER STREET, WALTHAM MA 02451
Andrew C Teich director 3 HANSON DRIVE, MOULTONBOROUGH NH 03254
Brian Kushner director 527 MADISON AVENUE 6TH FLOOR, NEW YORK NY 10022