Brickworks (ASX:BKW) Retained Earnings : A$2,883 Mil (As of Jan. 2024)

View and export this data going back to 1962. Start your Free Trial

What is Brickworks Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Brickworks's retained earnings for the quarter that ended in Jan. 2024 was A$2,883 Mil.

Brickworks's quarterly retained earnings increased from Jan. 2023 (A$2,989 Mil) to Jul. 2023 (A$2,992 Mil) but then declined from Jul. 2023 (A$2,992 Mil) to Jan. 2024 (A$2,883 Mil).

Brickworks's annual retained earnings increased from Jul. 2021 (A$1,895 Mil) to Jul. 2022 (A$2,684 Mil) and increased from Jul. 2022 (A$2,684 Mil) to Jul. 2023 (A$2,992 Mil).

Brickworks Retained Earnings Historical Data

The historical data trend for Brickworks'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.

Brickworks Retained Earnings Chart

Brickworks Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Retained Earnings

Get a 7-Day Free Trial

1,532.77

1,754.65

1,894.94

2,684.12

2,992.35

Brickworks Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Retained Earnings	Get a 7-Day Free Trial															2,440.69	2,684.12	2,988.81	2,992.35	2,883.47

Brickworks 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.

Brickworks (ASX:BKW) 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.

Brickworks (ASX:BKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Brickworks Ltd (ASX:BKW) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

BRKWF:USA

Address

738 - 780 Wallgrove Road, Horsley Park, Sydney, NSW, AUS, 2175

Website

https://www.brickworks.com.au

Brickworks is a conglomerate consisting of brickmaking operations, industrial property management, and a cross-shareholding in investment firm, Washington H. Soul Pattinson, or Soul Patts (ASX: SOL). Brickworks' operating business manufactures brick products for the Australian and North American markets. However, most earnings are from the property and investment segments. The property segment principally redevelops warehouses on industrial land, with joint venture partner narrow-moat Goodman Group. The investment segment represents a cross-shareholding in Soul Patts, an investment firm with a portfolio encompassing diversified investments, including large holdings in no-moat New Hope coal miner and narrow-moat TPG Telecom.

Brickworks (ASX:BKW) Headlines

No Headlines