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JMPLF (Johnson Matthey) Retained Earnings : $2,841 Mil (As of Sep. 2024)


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What is Johnson Matthey Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Johnson Matthey's retained earnings for the quarter that ended in Sep. 2024 was $2,841 Mil.

Johnson Matthey's quarterly retained earnings increased from Sep. 2023 ($2,465 Mil) to Mar. 2024 ($2,539 Mil) and increased from Mar. 2024 ($2,539 Mil) to Sep. 2024 ($2,841 Mil).

Johnson Matthey's annual retained earnings declined from Mar. 2022 ($2,700 Mil) to Mar. 2023 ($2,521 Mil) but then increased from Mar. 2023 ($2,521 Mil) to Mar. 2024 ($2,539 Mil).


Johnson Matthey Retained Earnings Historical Data

The historical data trend for Johnson Matthey'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.

Johnson Matthey Retained Earnings Chart

Johnson Matthey Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,902.23 3,252.43 2,699.61 2,520.63 2,538.76

Johnson Matthey Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 2,294.45 2,520.63 2,465.35 2,538.76 2,841.27

Johnson Matthey 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.


Johnson Matthey  (OTCPK:JMPLF) 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.


Johnson Matthey Business Description

Traded in Other Exchanges
Address
25 Farringdon Street, 5th Floor, London, GBR, EC4A 4AB
Johnson Matthey PLC is engaged in the production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals and oil and gas sectors and a variety of other industrial products derived from platinum-group metals. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies, and Value Businesses. The company generates maximum revenue from the PGM Services segment. Geographically, the company derives key revenue from the United Kingdom and the rest from the United States of America, Germany, China, and other countries.