Mission Produce (FRA:5YM) Retained Earnings : €268 Mil (As of Jul. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Mission Produce Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mission Produce's retained earnings for the quarter that ended in Jul. 2024 was €268 Mil.

Mission Produce's quarterly retained earnings increased from Jan. 2024 (€249 Mil) to Apr. 2024 (€259 Mil) and increased from Apr. 2024 (€259 Mil) to Jul. 2024 (€268 Mil).

Mission Produce's annual retained earnings increased from Oct. 2021 (€266 Mil) to Oct. 2022 (€279 Mil) but then declined from Oct. 2022 (€279 Mil) to Oct. 2023 (€257 Mil).

Mission Produce Retained Earnings Historical Data

The historical data trend for Mission Produce'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.

Mission Produce Retained Earnings Chart

Mission Produce Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

Get a 7-Day Free Trial

216.33

213.52

266.36

278.52

256.64

Mission Produce Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Retained Earnings	Get a 7-Day Free Trial															241.91	256.64	248.78	259.10	267.75

Mission Produce 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.

Mission Produce (FRA:5YM) 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.

Mission Produce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Mission Produce Inc (FRA:5YM) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

AVO:USA

Address

2710 Camino Del Sol, Oxnard, CA, USA, 93030

Website

https://www.missionproduce.com

Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.

Mission Produce Headlines

No Headlines