Perrigo Co (BSP:P1RG34) Retained Earnings : R$-10,350 Mil (As of Mar. 2024)

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What is Perrigo Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Perrigo Co's retained earnings for the quarter that ended in Mar. 2024 was R$-10,350 Mil.

Perrigo Co's quarterly retained earnings declined from Sep. 2023 (R$-10,114 Mil) to Dec. 2023 (R$-10,193 Mil) and declined from Dec. 2023 (R$-10,193 Mil) to Mar. 2024 (R$-10,350 Mil).

Perrigo Co's annual retained earnings increased from Dec. 2021 (R$-10,897 Mil) to Dec. 2022 (R$-10,845 Mil) and increased from Dec. 2022 (R$-10,845 Mil) to Dec. 2023 (R$-10,193 Mil).

Perrigo Co Retained Earnings Historical Data

The historical data trend for Perrigo Co'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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Perrigo Co Retained Earnings Chart

Perrigo Co Annual Data

Trend

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-6,959.18

-9,559.37

-10,896.99

-10,845.39

-10,193.05

Perrigo Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-10,784.93	-10,009.30	-10,114.46	-10,193.05	-10,349.52

Perrigo Co 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.

Perrigo Co (BSP:P1RG34) 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.

Perrigo Co (BSP:P1RG34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Perrigo Co PLC (BSP:P1RG34) » Definitions » Retained Earnings

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PRGO:USA PIG:Germany

Address

The Sharp Building, Hogan Place, Dublin, IRL, D02 TY74

Website

https://www.perrigo.com

Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two thirds of total sales), the firm's product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.

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