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Itron (ITRI) Retained Earnings : $-247 Mil (As of Sep. 2024)


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What is Itron Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Itron's retained earnings for the quarter that ended in Sep. 2024 was $-247 Mil.

Itron's quarterly retained earnings increased from Mar. 2024 ($-377 Mil) to Jun. 2024 ($-325 Mil) and increased from Jun. 2024 ($-325 Mil) to Sep. 2024 ($-247 Mil).

Itron's annual retained earnings declined from Dec. 2021 ($-516 Mil) to Dec. 2022 ($-525 Mil) but then increased from Dec. 2022 ($-525 Mil) to Dec. 2023 ($-428 Mil).


Itron Retained Earnings Historical Data

The historical data trend for Itron'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.

Itron Retained Earnings Chart

Itron 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 -376.39 -434.35 -515.60 -525.33 -428.41

Itron Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -472.80 -428.41 -376.69 -325.37 -247.41

Itron 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.


Itron  (NAS:ITRI) 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.


Itron Business Description

Traded in Other Exchanges
Address
2111 North Molter Road, Liberty Lake, WA, USA, 99019
Itron Inc provides solutions that measure, manage, and analyze energy and water use. It operates under the Itron brand and manages and reports under three operating segments: Device Solutions, Networked Solutions, and Outcomes. The device Solutions segment includes hardware products used for measurement, control, or sense that do not have communications capability embedded for use with broader Itron systems. The networked Solutions segment includes a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution. The outcome segment includes their value-added, enhanced software and services which manage, organize, analyze, and interpret data to improve decision-making and maximize operational profitability.
Executives
Joan S Hooper officer: SVP & CFO ONE DELL WAY, ROUND ROCK TX 78682
Reeves Donald L. Iii officer: SVP Outcomes 555 BROADWAY STREET, REDWOOD CITY CA 94063
John F. Marcolini officer: SVP, Networked Solutions C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas Deitrich officer: EVP, COO C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DR WEST, TX30/OE19, AUSTIN TX 78735
Christopher E. Ware officer: VP, General Counsel & Corp Sec 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Justin K Patrick officer: SVP, Device Solutions 1157 CANARY LANE, GRAFTON WI 53024
Laurie Ann Pulatie-hahn officer: SVP, HR 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Jerome J. Lande director 1 WORLD TRADE CENTER, 85TH FLOOR, NEW YORK NY 10007
Sanjay Mirchandani director 188 MINNA STREET, #29C, SAN FRANCISCO CA 94105
Michel Cadieux officer: SVP, HR 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Mary C. Hemmingsen director 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sarah E. Hlavinka officer: SVP. Gen. Counsel & Corp. Sec 2111 N MOLTER RD, LIBERTY LAKE WA 99019
Lynda L. Ziegler director, officer: Chair of the Board C/O ITRON, INC., 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas S Glanville director 2818 N SULLIVAN ROAD, SPOLANE WA 99216
Santiago Perez director 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019