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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kewaunee Scientific's retained earnings for the quarter that ended in Jul. 2024 was $49.7 Mil.
Kewaunee Scientific's quarterly retained earnings increased from Jan. 2024 ($36.5 Mil) to Apr. 2024 ($47.5 Mil) and increased from Apr. 2024 ($47.5 Mil) to Jul. 2024 ($49.7 Mil).
Kewaunee Scientific's annual retained earnings increased from Apr. 2022 ($28.0 Mil) to Apr. 2023 ($28.8 Mil) and increased from Apr. 2023 ($28.8 Mil) to Apr. 2024 ($47.5 Mil).
The historical data trend for Kewaunee Scientific'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.
Kewaunee Scientific Annual Data | |||||||||||||||||||||
Trend | Apr15 | Apr16 | Apr17 | Apr18 | Apr19 | Apr20 | Apr21 | Apr22 | Apr23 | Apr24 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | 37.82 | 34.15 | 28.02 | 28.76 | 47.51 |
Kewaunee Scientific Quarterly Data | ||||||||||||||||||||
Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | Jul24 | Oct24 | |
Retained Earnings | Get a 7-Day Free Trial | 33.97 | 36.49 | 47.51 | 49.71 | - |
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.
Kewaunee Scientific (NAS:KEQU) 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.
Ryan S. Noble | officer: VP-Sales & Marketing-Americas | 2700 WEST FRONT STREET, STATESVILLE NC 28677 |
Mandar Ranade | officer: VP-Information Technology | 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927 |
Elizabeth D Phillips | officer: VP - Human Resources | 2700 WEST FRONT STREET, STATESVILLE NC 28677 |
Douglas J. Batdorff | officer: VP of Manufacturing Operations | 2700 WEST FRONT STREET, STATESVILLE NC 28677 |
John Russell | director | 2331 MOHAWK LANE, GLENVIEW IL 60026 |
Hull Thomas David Iii | director, officer: President, CEO | 2700 WEST FRONT STREET, STATESVILLE NC 28677 |
Gardner Donald T. Iii | officer: Chief Financial Officer | 2700 WEST FRONT STREET, STATESVILLE NC 28677 |
Keith M Gehl | director | PO BOX 1017, CHARLOTTE NC 26201-1017 |
David Rhind | director | 1450 NORTH DEARBORN STREET, APT. 1A, CHICAGO IL 60610 |
Margaret B Pyle | director | 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927 |
Donald F. Shaw | director | 662 EAST SUNBURST LANE, TEMPE AZ 85284-1599 |
Michael G. Rok | officer: VP of Manufacturing Operations | 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927 |
Lisa L. Ryan | officer: VP-Construction/Cust. Servs. | 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927 |
Kurt P Rindoks | officer: VP - Engineering/Prod. Dev. | 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927 |
Bhoopathy Sathyamurthy | officer: VP-Managing Director-Int'l Ops | 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927 |
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