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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ultra Clean Holdings's retained earnings for the quarter that ended in Dec. 2023 was $347 Mil.
Ultra Clean Holdings's quarterly retained earnings declined from Jun. 2023 ($365 Mil) to Sep. 2023 ($351 Mil) and declined from Sep. 2023 ($351 Mil) to Dec. 2023 ($347 Mil).
Ultra Clean Holdings's annual retained earnings increased from Dec. 2021 ($337 Mil) to Dec. 2022 ($378 Mil) but then declined from Dec. 2022 ($378 Mil) to Dec. 2023 ($347 Mil).
The historical data trend for Ultra Clean Holdings'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.
Ultra Clean Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | 140.30 | 217.90 | 337.40 | 377.80 | 346.70 |
Ultra Clean Holdings 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 | 377.80 | 374.40 | 365.00 | 350.50 | 346.70 |
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.
Ultra Clean Holdings (NAS:UCTT) 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.
Paul Yoonku Cho | officer: General Counsel and Secretary | C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545 |
Jeffrey L. Mckibben | officer: Chief Information Officer | C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD, CA 94545 |
Jamie J. Palfrey | officer: SVP, Global Human Resources | ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545 |
Bill Bentinck | officer: Pres, Semiconductor Svcs Bus. | C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545 |
Emily M Liggett | director | |
Sheri Brumm | officer: SVP, Finance & CAO | C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545 |
Vijayan S. Chinnasami | officer: Chief Operating Officer | C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545 |
Brian E Harding | officer: Chief Accounting Officer | 27700 SW PARKWAY AVE, WILSONVILLE OR 97070 |
Jacqueline A. Seto | director | C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545 |
James P Scholhamer | director, officer: CEO | 9586I-25 FRONTAGE ROAD, LONGMONT CO 80504 |
Christopher S Cook | officer: President, Products Div | ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545 |
David T Ibnale | director | 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025 |
Clarence L Granger | director, officer: President, CEO, COO | 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025 |
William Joe Williams | officer: SVP, Customer Business Mgmt | ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545 |
Barbara Vaughn Scherer | director | 337 ENCINAL ST, SANTA CRUZ CA 95060 |
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