GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Grafton Group PLC (OTCPK:GROUF) » Definitions » Retained Earnings

Grafton Group (Grafton Group) Retained Earnings : $1,687 Mil (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Grafton Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grafton Group's retained earnings for the quarter that ended in Dec. 2023 was $1,687 Mil.

Grafton Group's quarterly retained earnings declined from Dec. 2022 ($1,719 Mil) to Jun. 2023 ($1,717 Mil) and declined from Jun. 2023 ($1,717 Mil) to Dec. 2023 ($1,687 Mil).

Grafton Group's annual retained earnings declined from Dec. 2021 ($1,880 Mil) to Dec. 2022 ($1,719 Mil) and declined from Dec. 2022 ($1,719 Mil) to Dec. 2023 ($1,687 Mil).


Grafton Group Retained Earnings Historical Data

The historical data trend for Grafton Group'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.

Grafton Group Retained Earnings Chart

Grafton Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,373.13 1,537.54 1,879.97 1,718.70 1,687.33

Grafton Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,879.97 1,778.50 1,718.70 1,716.87 1,687.33

Grafton Group 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.


Grafton Group  (OTCPK:GROUF) 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.


Grafton Group (Grafton Group) Business Description

Traded in Other Exchanges
Address
Carmanhall Road, The Hive, Sandyford Business Park, Dublin, IRL, D18 Y2C9
Grafton Group PLC is a distributor of building materials that operates in three segments; The Distribution segment is into the distribution of building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects and also in residential and other new build construction, The Retailing segment operates DIY and home improvement business from a network of 35 stores that supply mainly retail customers with wide products for DIY and for the home and garden, and The Manufacturing segment is into the manufacture of dry mortar in Great Britain. The company also operates in residential and other new build construction. Geographically, the company generates over half of its revenue from the United Kingdom.

Grafton Group (Grafton Group) Headlines

From GuruFocus