GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Jackson Financial Inc (LTS:0JKF) » Definitions » Retained Earnings

Jackson Financial (LTS:0JKF) Retained Earnings : $7,766 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Jackson Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jackson Financial's retained earnings for the quarter that ended in Mar. 2024 was $7,766 Mil.

Jackson Financial's quarterly retained earnings declined from Sep. 2023 ($8,661 Mil) to Dec. 2023 ($7,038 Mil) but then increased from Dec. 2023 ($7,038 Mil) to Mar. 2024 ($7,766 Mil).

Jackson Financial's annual retained earnings increased from Dec. 2021 ($2,809 Mil) to Dec. 2022 ($6,403 Mil) and increased from Dec. 2022 ($6,403 Mil) to Dec. 2023 ($7,038 Mil).


Jackson Financial Retained Earnings Historical Data

The historical data trend for Jackson Financial'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.

Jackson Financial Retained Earnings Chart

Jackson Financial Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 1,365.80 -324.00 2,809.00 6,403.00 7,038.00

Jackson Financial Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4,852.00 5,952.00 8,661.00 7,038.00 7,766.00

Jackson Financial 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.


Jackson Financial  (LTS:0JKF) 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.


Jackson Financial (LTS:0JKF) Business Description

Traded in Other Exchanges
Address
1 Corporate Way, Lansing, MI, USA, 48951
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.

Jackson Financial (LTS:0JKF) Headlines

No Headlines