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FedEx (WBO:FDX) Retained Earnings : €35,162 Mil (As of Aug. 2024)


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What is FedEx Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FedEx's retained earnings for the quarter that ended in Aug. 2024 was €35,162 Mil.

FedEx's quarterly retained earnings increased from Feb. 2024 (€34,460 Mil) to May. 2024 (€35,750 Mil) but then declined from May. 2024 (€35,750 Mil) to Aug. 2024 (€35,162 Mil).

FedEx's annual retained earnings increased from May. 2022 (€31,012 Mil) to May. 2023 (€32,438 Mil) and increased from May. 2023 (€32,438 Mil) to May. 2024 (€35,750 Mil).


FedEx Retained Earnings Historical Data

The historical data trend for FedEx'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.

FedEx Retained Earnings Chart

FedEx Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,123.07 24,539.39 31,011.77 32,438.28 35,750.33

FedEx Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 33,031.26 33,823.02 34,460.30 35,750.33 35,161.67

FedEx 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.


FedEx  (WBO:FDX) 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.


FedEx Business Description

Address
942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.