GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Transport Services Group Inc (NAS:ATSG) » Definitions » Retained Earnings

Air Transport Services Group (Air Transport Services Group) Retained Earnings : $589 Mil (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Air Transport Services Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Air Transport Services Group's retained earnings for the quarter that ended in Dec. 2023 was $589 Mil.

Air Transport Services Group's quarterly retained earnings increased from Jun. 2023 ($587 Mil) to Sep. 2023 ($604 Mil) but then declined from Sep. 2023 ($604 Mil) to Dec. 2023 ($589 Mil).

Air Transport Services Group's annual retained earnings increased from Dec. 2021 ($309 Mil) to Dec. 2022 ($529 Mil) and increased from Dec. 2022 ($529 Mil) to Dec. 2023 ($589 Mil).


Air Transport Services Group Retained Earnings Historical Data

The historical data trend for Air Transport Services Group'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.

Air Transport Services Group Retained Earnings Chart

Air Transport Services Group 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 45.90 78.01 309.43 528.88 589.21

Air Transport Services Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 528.88 549.02 587.05 604.22 589.21

Air Transport Services Group 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.


Air Transport Services Group  (NAS:ATSG) 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.


Air Transport Services Group (Air Transport Services Group) Business Description

Traded in Other Exchanges
Address
145 Hunter Drive, Wilmington, OH, USA, 45177
Air Transport Services Group Inc along with its subsidiaries operates within the airfreight and logistics industry. It leases aircraft and provides airline operations, ground services, aircraft modification and maintenance, and other support services mainly to the cargo transportation and package delivery industries. The company has two reportable segments namely Cargo Aircraft Management and ACMI Services (Aircraft, Crew, Maintenance, and Insurance). It generates a majority of its revenue from the ACMI services segment.
Executives
Koharik Edward Joseph Iii officer: Chief Operating Officer C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Johns Raymond E Jr director C\O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Michael L Berger officer: Chief Commercial Officer C\O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Jeffrey J Vorholt director 13 VIA ROMA, PALM COAST FL 32137
Amazon Com Inc 10 percent owner 410 TERRY AVENUE NORTH, SEATTLE WA 98109
Matthew E. Fedders officer: VP, Corporate Controller C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Paul Chase officer: Chief Commercial Officer C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Joseph C Hete officer: President & CEO
W Joseph Payne officer: Sr. VP, General Counsel & Sec. ABX AIR INC, 145 HUNTER DRIVE, WILMINGTON OH 45177
Quint O Turner officer: Chief Financial Officer 145 HUNTER DRIVE, WILMINGTON OH 45177
Jeffrey A. Dominick director ABX HOLDINGS, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Randy D Rademacher director ABX AIR, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
John Christopher Teets director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Richard Francis Corrado officer: Chief Commercial Officer C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Phyllis J Campbell director C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177