GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Matthews International Corp (STU:MW1A) » Definitions » Retained Earnings

Matthews International (STU:MW1A) Retained Earnings : €649 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Matthews International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Matthews International's retained earnings for the quarter that ended in Mar. 2024 was €649 Mil.

Matthews International's quarterly retained earnings declined from Sep. 2023 (€670 Mil) to Dec. 2023 (€646 Mil) but then increased from Dec. 2023 (€646 Mil) to Mar. 2024 (€649 Mil).

Matthews International's annual retained earnings increased from Sep. 2021 (€709 Mil) to Sep. 2022 (€714 Mil) but then declined from Sep. 2022 (€714 Mil) to Sep. 2023 (€670 Mil).


Matthews International Retained Earnings Historical Data

The historical data trend for Matthews International'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.

Matthews International Retained Earnings Chart

Matthews International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 883.12 729.29 709.08 713.82 669.70

Matthews International Quarterly Data
Jun19 Sep19 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 Premium Member Only 656.70 650.13 669.70 645.61 648.70

Matthews International 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.


Matthews International  (STU:MW1A) 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.


Matthews International (STU:MW1A) Business Description

Traded in Other Exchanges
Address
Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.

Matthews International (STU:MW1A) Headlines

No Headlines