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Tredegar (Tredegar) Retained Earnings : $178.0 Mil (As of Dec. 2023)


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What is Tredegar Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tredegar's retained earnings for the quarter that ended in Dec. 2023 was $178.0 Mil.

Tredegar's quarterly retained earnings declined from Jun. 2023 ($263.9 Mil) to Sep. 2023 ($213.6 Mil) and declined from Sep. 2023 ($213.6 Mil) to Dec. 2023 ($178.0 Mil).

Tredegar's annual retained earnings increased from Dec. 2021 ($281.2 Mil) to Dec. 2022 ($292.7 Mil) but then declined from Dec. 2022 ($292.7 Mil) to Dec. 2023 ($178.0 Mil).


Tredegar Retained Earnings Historical Data

The historical data trend for Tredegar'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.

Tredegar Retained Earnings Chart

Tredegar 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 530.48 239.48 281.19 292.72 177.98

Tredegar 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 292.72 287.31 263.93 213.57 177.98

Tredegar 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.


Tredegar  (NYSE:TG) 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.


Tredegar (Tredegar) Business Description

Traded in Other Exchanges
Address
1100 Boulders Parkway, Richmond, VA, USA, 23225
Tredegar Corp through its subsidiaries engaged in the manufacture of Polyethylene Plastic films, Polyester Films, and Aluminum Extrusions. Polyethylene Plastic films manufacture plastic films, elastics and laminate materials which are utilized in personal care materials, surface protection films, and specialty and optical lighting applications. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. Aluminum Extrusions produce high-quality, soft-alloy and medium-strength aluminum use for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. It generates revenue from the United States, Asia, and Brazil.
Executives
James T. Gottwald 10 percent owner 3600 RIVER ROAD WEST, GOOCHLAND VA 23063
Kevin Cyril Donnelly officer: Vice President and Secretary 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Anne G Waleski director 1508 WEST AVENUE, RICHMOND VA 23220
Michael Jay Schewel officer: Vice President and Secretary C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brickhouse Frasier W Ii other: Controller 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
John M Steitz director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
William M Gottwald director ALBERMARLE CORP, PO BOX 2189, RICHMOND VA 23218
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
A Brent King officer: Vice President and Secretary 4951 LAKE BROOK DR, STE 500, GLEN ALLEN VA 23060
Mary Jane Hellyar officer: Vice President 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Gottwald Floyd D Jr director 330 SOUTH FOURTH STREET, RICHMOND VA 23219
John D Gottwald director 207 WOOD ROAD, TREDEGAR CORP, 1100 BOULDERS PARKWAY VA 23225

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