Dnow (DNOW) Retained Earnings : $-828 Mil (As of Dec. 2023)

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What is Dnow Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dnow's retained earnings for the quarter that ended in Dec. 2023 was $-828 Mil.

Dnow's quarterly retained earnings increased from Jun. 2023 ($-1,010 Mil) to Sep. 2023 ($-975 Mil) and increased from Sep. 2023 ($-975 Mil) to Dec. 2023 ($-828 Mil).

Dnow's annual retained earnings increased from Dec. 2021 ($-1,203 Mil) to Dec. 2022 ($-1,075 Mil) and increased from Dec. 2022 ($-1,075 Mil) to Dec. 2023 ($-828 Mil).

Dnow Retained Earnings Historical Data

The historical data trend for Dnow'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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Dnow Retained Earnings Chart

Dnow Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-775.00

-1,208.00

-1,203.00

-1,075.00

-828.00

Dnow 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															-1,075.00	-1,044.00	-1,010.00	-975.00	-828.00

Dnow 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.

Dnow (NYSE:DNOW) 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.

Dnow (DNOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dnow Inc (NYSE:DNOW) » Definitions » Retained Earnings

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11N:Germany 11N:Germany

Address

7402 North Eldridge Parkway, Houston, TX, USA, 77041

Website

https://www.distributionnow.com

Dnow Inc is a company engaged in worldwide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. They offer a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management. Its locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies as well as companies operating in the decarbonization, energy transition and renewables end markets.

Executives

Karen David-green	director	C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
David A Cherechinsky	officer: Sr. Vice President and CFO	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Sonya Reed	director	4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Fanny R. Surratt	officer: See Remarks	NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Kelly T. Munson	officer: See Remarks	NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Richard J Alario	director	C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Paul M Coppinger	director
Rodney W Eads	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
J. Wayne Richards	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Galen Cobb	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Terry Bonno	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
James Crandell	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Daniel L Molinaro	officer: Executive Vice President	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Mark B Johnson	officer: See Remarks	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Raymond W Chang	officer: VP and General Counsel	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041