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National Presto Industries (National Presto Industries) Retained Earnings : $318.8 Mil (As of Mar. 2024)


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What is National Presto Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. National Presto Industries's retained earnings for the quarter that ended in Mar. 2024 was $318.8 Mil.

National Presto Industries's quarterly retained earnings increased from Sep. 2023 ($331.1 Mil) to Dec. 2023 ($344.2 Mil) but then declined from Dec. 2023 ($344.2 Mil) to Mar. 2024 ($318.8 Mil).

National Presto Industries's annual retained earnings declined from Dec. 2021 ($349.2 Mil) to Dec. 2022 ($338.1 Mil) but then increased from Dec. 2022 ($338.1 Mil) to Dec. 2023 ($344.2 Mil).


National Presto Industries Retained Earnings Historical Data

The historical data trend for National Presto Industries'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.

National Presto Industries Retained Earnings Chart

National Presto Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 362.84 367.63 349.20 338.07 344.25

National Presto Industries 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 318.56 324.07 331.09 344.25 318.77

National Presto Industries 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.


National Presto Industries  (NYSE:NPK) 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.


National Presto Industries (National Presto Industries) Business Description

Traded in Other Exchanges
N/A
Address
3925 North Hastings Way, Eau Claire, WI, USA, 54703-3703
National Presto Industries Inc has an eclectic product portfolio consisting of household appliances, ammunition, and diapers. The company operates in three segments viz Defense, Housewares/Small Appliance, and Safety. The majority of the revenue is earned from the defense segment which is engaged in manufacturing 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases; performs Load, Assemble, and Pack (LAP) operations on ordnance-related products for the U.S. Government and prime contractor. While Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances; the safety segment provides safety technology empowering organizations and individuals to protect what is more important.
Executives
David J Peuse officer: TREASURER 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Mackenzie John Roderick Jr officer: VP-SALES 3925 NORTH HASTINGS WAY, EAU CLAIRE WI 54703
Richard L Jeffers officer: VP-SALES 3925 N HASTINGS WAY, EAU CLAIRE X1 54703
Patrick J Quinn director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Richard N Cardozo director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Spencer W Ahneman officer: Vice President 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Randy F Lieble director, officer: Vice President, Treasurer, CFO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Jeffery Alan Morgan officer: Vice President-Engineering 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Douglas J Frederick officer: General counsel & secretary 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Joseph G Stienessen director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Maryjo R Cohen director, 10 percent owner, officer: Chair of Board,President,CEO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Donald E Hoeschen officer: vice president 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Peterson Terry D Jr officer: Treasurer/CFO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Ian M Kees officer: General Counsel 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
James F Bartl director, officer: Sr Vice President/Secretary 3925 NO HASTINGS WAY, EAU CLAIRE WI 54703