ACCO Brands (ACCO Brands) Retained Earnings : $-556 Mil (As of Dec. 2023)

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What is ACCO Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ACCO Brands's retained earnings for the quarter that ended in Dec. 2023 was $-556 Mil.

ACCO Brands's quarterly retained earnings increased from Jun. 2023 ($-497 Mil) to Sep. 2023 ($-489 Mil) but then declined from Sep. 2023 ($-489 Mil) to Dec. 2023 ($-556 Mil).

ACCO Brands's annual retained earnings declined from Dec. 2021 ($-462 Mil) to Dec. 2022 ($-504 Mil) and declined from Dec. 2022 ($-504 Mil) to Dec. 2023 ($-556 Mil).

ACCO Brands Retained Earnings Historical Data

The historical data trend for ACCO Brands'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.

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ACCO Brands Retained Earnings Chart

ACCO Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-574.20

-537.30

-462.00

-504.40

-556.00

ACCO Brands 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															-504.40	-515.70	-496.70	-488.90	-556.00

ACCO Brands 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.

ACCO Brands (NYSE:ACCO) 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.

ACCO Brands (ACCO Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ACCO Brands Corp (NYSE:ACCO) » Definitions » Retained Earnings

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A3B:Germany

Address

Four Corporate Drive, Lake Zurich, IL, USA, 60047

Website

https://www.accobrands.com

ACCO Brands Corp designs, manufactures, and markets consumer and business products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers school notebooks, janitorial supplies, and whiteboards; storage and organization products, such as three-ring and lever-arch binders, sheet protectors, and indexes, and punching products; computer accessories and others used in schools, homes, and businesses. It offers its products primarily under the AT-A-GLANCE, Five Star, GBC, Hilroy, Kensington, Quartet, Leitz, NOBO, Rapid, Rexel, Tilibra, and Wilson Jones brands. The company markets and sells its products through various channels, including mass retailers; e-tailers; discount, and variety chains; and warehouse clubs.

Executives

Paul P Daniel	officer: SVP and CIO	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Joseph B Burton	director	345 ENCINAL STREET, SANTA CRUZ CA 95060
Deborah A Oconnor	officer: EVP and CFO	C/O ACCO BRANDS CORP, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Gregory J. Mccormack	officer: Sr. Vice Pres, Global Products	FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Roxanne M Bernstein	officer: EVP & Pres, ACCO Brands N.A.	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Boris Elisman	director, officer: Chairman, President & CEO	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Gina Boswell	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Angela Y Jones	officer: SVP, Global Chief People Offic	9900 W. 109 STREET, SUITE 100, OVERLAND PARK KS 66210
Thomas W Tedford	officer: Exec VP & Pres US Office & Con	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Neal V Fenwick	officer: Executive VP and CFO	FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Pamela R Schneider	officer: Sr VP, General Counsel & Sec	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Patrick Buchenroth	officer: ExecVP, Pres ACCO Brands Intl	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Ralph Paul Hargrow	officer: Sr VP & Chief People Officer	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Ronald M. Lombardi	director	660 WHITE PLAINS RD., TARRYTOWN NY 10591
James Dudek	officer: SVP, Corp Controller and CAO	C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147