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KRYAF (Kerry Group) Retained Earnings : $6,484 Mil (As of Jun. 2024)


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What is Kerry Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kerry Group's retained earnings for the quarter that ended in Jun. 2024 was $6,484 Mil.

Kerry Group's quarterly retained earnings increased from Jun. 2023 ($6,440 Mil) to Dec. 2023 ($6,702 Mil) but then declined from Dec. 2023 ($6,702 Mil) to Jun. 2024 ($6,484 Mil).

Kerry Group's annual retained earnings increased from Dec. 2021 ($6,000 Mil) to Dec. 2022 ($6,077 Mil) and increased from Dec. 2022 ($6,077 Mil) to Dec. 2023 ($6,702 Mil).


Kerry Group Retained Earnings Historical Data

The historical data trend for Kerry 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.

Kerry Group Retained Earnings Chart

Kerry 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 4,733.78 5,613.38 6,000.00 6,077.12 6,701.53

Kerry Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 5,837.42 6,077.12 6,439.98 6,701.53 6,484.50

Kerry 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.


Kerry Group  (OTCPK:KRYAF) 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.


Kerry Group Business Description

Address
Prince's Street, Tralee, Kerry, IRL, V92 EH11
Kerry Group is one of the largest taste and ingredient technology companies in the world servicing the food, beverage, and pharmaceutical sectors. The company has more than 200 locations that supply clients in more than 50 countries. Its taste and nutrition unit gets around 70% of its revenue from developed countries and 30% from the developing world, servicing a wide range of end-use sectors, such as meat, meals, snacks, dairy, drinks, and pharmaceuticals. Kerry has expanded through a combination of organic development and dozens of tuck-in acquisitions.