GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Emerson Electric Co (WBO:EMR) » Definitions » Retained Earnings

Emerson Electric Co (WBO:EMR) Retained Earnings : €36,899 Mil (As of Mar. 2024)


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

What is Emerson Electric Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Emerson Electric Co's retained earnings for the quarter that ended in Mar. 2024 was €36,899 Mil.

Emerson Electric Co's quarterly retained earnings declined from Sep. 2023 (€37,546 Mil) to Dec. 2023 (€36,597 Mil) but then increased from Dec. 2023 (€36,597 Mil) to Mar. 2024 (€36,899 Mil).

Emerson Electric Co's annual retained earnings increased from Sep. 2021 (€22,140 Mil) to Sep. 2022 (€28,334 Mil) and increased from Sep. 2022 (€28,334 Mil) to Sep. 2023 (€37,546 Mil).


Emerson Electric Co Retained Earnings Historical Data

The historical data trend for Emerson Electric Co'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.

Emerson Electric Co Retained Earnings Chart

Emerson Electric Co 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 21,972.69 21,186.80 22,139.95 28,333.53 37,545.59

Emerson Electric Co 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 28,553.31 36,572.95 37,545.59 36,597.47 36,899.36

Emerson Electric Co 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.


Emerson Electric Co  (WBO:EMR) 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.


Emerson Electric Co (WBO:EMR) Business Description

Address
8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, USA, 63136
Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.

Emerson Electric Co (WBO:EMR) Headlines

From GuruFocus

Q3 2019 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Emerson Electric Co Investor Conference Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2023 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2020 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024