AutoZone (LTS:0HJL) Retained Earnings : $-4,425 Mil (As of Aug. 2024)

View and export this data going back to 2018. Start your Free Trial

What is AutoZone Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AutoZone's retained earnings for the quarter that ended in Aug. 2024 was $-4,425 Mil.

AutoZone's quarterly retained earnings increased from Feb. 2024 ($-5,979 Mil) to May. 2024 ($-5,327 Mil) and increased from May. 2024 ($-5,327 Mil) to Aug. 2024 ($-4,425 Mil).

AutoZone's annual retained earnings declined from Aug. 2022 ($-1,330 Mil) to Aug. 2023 ($-2,959 Mil) and declined from Aug. 2023 ($-2,959 Mil) to Aug. 2024 ($-4,425 Mil).

AutoZone Retained Earnings Historical Data

The historical data trend for AutoZone'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.

AutoZone Retained Earnings Chart

AutoZone Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Retained Earnings

Get a 7-Day Free Trial

-1,450.97

-419.83

-1,330.07

-2,959.28

-4,424.98

AutoZone Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Retained Earnings	Get a 7-Day Free Trial															-2,365.82	-5,978.92	-5,327.19	-4,424.98	-

AutoZone 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.

AutoZone (LTS:0HJL) 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.

AutoZone Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AutoZone Inc (LTS:0HJL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

AZO:USA AZO:Mexico AZOI34:Brazil

Address

123 South Front Street, Memphis, TN, USA, 38103

Website

https://www.autozone.com

AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates over 6,400 stores domestically, serving both the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and in some instances, installation. The company also operates internationally, with over 750 stores in Mexico and more than 100 in Brazil.

AutoZone Headlines

No Headlines