Open Text (TSX:OTEX) Retained Earnings : C$3,098 Mil (As of Dec. 2024)

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What is Open Text Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Open Text's retained earnings for the quarter that ended in Dec. 2024 was C$3,098 Mil.

Open Text's quarterly retained earnings declined from Jun. 2024 (C$2,904 Mil) to Sep. 2024 (C$2,798 Mil) but then increased from Sep. 2024 (C$2,798 Mil) to Dec. 2024 (C$3,098 Mil).

Open Text's annual retained earnings declined from Jun. 2022 (C$2,766 Mil) to Jun. 2023 (C$2,722 Mil) but then increased from Jun. 2023 (C$2,722 Mil) to Jun. 2024 (C$2,904 Mil).

Open Text Retained Earnings Historical Data

The historical data trend for Open Text'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.

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Open Text Retained Earnings Chart

Open Text Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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2,926.41

2,631.36

2,765.75

2,722.28

2,904.31

Open Text Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															2,722.97	2,787.14	2,904.31	2,797.55	3,098.03

Open Text 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.

Open Text (TSX:OTEX) 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.

Open Text Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Open Text Corp (TSX:OTEX) » Definitions » Retained Earnings

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Traded in Other Exchanges

OTEX:USA OTX:Germany OTX:Germany

Address

275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1

Website

https://www.opentext.com

Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.

Executives

Brian Paul Sweeney	Senior Officer
Richard Paul Rodgers	Senior Officer
Madhu Ranganathan	Senior Officer
Mark James Barrenechea	Director, Senior Officer
Michael William George Slaunwhite	Director
Cosmin Razvan Balota	Senior Officer
James Prentiss Donohue	Senior Officer
Paul Michael Duggan	Senior Officer
Simon David Harrison	Senior Officer
Muhieddine Majzoub	Senior Officer
Christopher James Mcgourlay	Senior Officer
Douglas Michael Parker	Senior Officer
Michael Fernando Acedo	Senior Officer
David Fraser	Director
Renee Dione Mckenzie	Senior Officer