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


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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 Premium Member Only Premium Member Only -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 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 -2,365.82 -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

Traded in Other Exchanges
Address
123 South Front Street, Memphis, TN, USA, 38103
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.

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