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Enerpac Tool Group (Enerpac Tool Group) Retained Earnings : $222.0 Mil (As of Feb. 2024)


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What is Enerpac Tool Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Enerpac Tool Group's retained earnings for the quarter that ended in Feb. 2024 was $222.0 Mil.

Enerpac Tool Group's quarterly retained earnings increased from Aug. 2023 ($1,011.1 Mil) to Nov. 2023 ($1,028.9 Mil) but then declined from Nov. 2023 ($1,028.9 Mil) to Feb. 2024 ($222.0 Mil).

Enerpac Tool Group's annual retained earnings increased from Aug. 2021 ($953.3 Mil) to Aug. 2022 ($966.8 Mil) and increased from Aug. 2022 ($966.8 Mil) to Aug. 2023 ($1,011.1 Mil).


Enerpac Tool Group Retained Earnings Historical Data

The historical data trend for Enerpac Tool 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.

Enerpac Tool Group Retained Earnings Chart

Enerpac Tool Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 915.47 917.67 953.34 966.75 1,011.11

Enerpac Tool Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 978.70 991.08 1,011.11 1,028.87 222.05

Enerpac Tool 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.


Enerpac Tool Group  (NYSE:EPAC) 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.


Enerpac Tool Group (Enerpac Tool Group) Business Description

Traded in Other Exchanges
Address
N86 W12500 Westbrook Crossing, Menomonee Falls, WI, USA, 53051
Enerpac Tool Group, previously known as Actuant, provides high-precision tools, controlled-force products, and solutions for precise heavy lifting. The company operates through two segments: industrial tools and services and other. It categorizes its revenue into two parts: product sales and services, which include manpower services and rentals. Product sales is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, Asia, Australia, Europe, Middle East, and other areas. The U.S. makes up the largest contribution to the company's total revenue.
Executives
James Denis officer: EVP, GC and Secretary N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Benjamin James Topercer officer: EVP - Chief HR Officer N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Anthony Peter Colucci officer: EVP - CFO N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Lynn C Minella director 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Danny L Cunningham director C/O ACTUANT CORPORATION, N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Ferland E James Jr director ALVARADO SQUARE, MS 2850, ALBUQUERQUE NM 87158
Simmons Sidney S. Ii director 562 PARK STREET, SUITE 300, JACKSONVILLE FL 32204
Markus Limberger officer: EVP, Operations N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Paul Sternlieb officer: President and CEO 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Healy Colleen director 11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Ricky T Dillon officer: Executive Vice President - CFO ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Scott Matthew Vuchetich officer: EVP, Mkg and Pres-Americas N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Richard D Holder director EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Bryan Johnson officer: Controller and PAO N86 W112500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Randal W Baker director, officer: Pres. and CEO 100 E WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202