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Reynolds Consumer Products (Reynolds Consumer Products) Retained Earnings : $537 Mil (As of Dec. 2023)


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What is Reynolds Consumer Products Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Reynolds Consumer Products's retained earnings for the quarter that ended in Dec. 2023 was $537 Mil.

Reynolds Consumer Products's quarterly retained earnings increased from Jun. 2023 ($418 Mil) to Sep. 2023 ($448 Mil) and increased from Sep. 2023 ($448 Mil) to Dec. 2023 ($537 Mil).

Reynolds Consumer Products's annual retained earnings increased from Dec. 2021 ($365 Mil) to Dec. 2022 ($431 Mil) and increased from Dec. 2022 ($431 Mil) to Dec. 2023 ($537 Mil).


Reynolds Consumer Products Retained Earnings Historical Data

The historical data trend for Reynolds Consumer Products'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.

Reynolds Consumer Products Retained Earnings Chart

Reynolds Consumer Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -823.00 233.00 365.00 431.00 537.00

Reynolds Consumer Products 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 431.00 400.00 418.00 448.00 537.00

Reynolds Consumer Products 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.


Reynolds Consumer Products  (NAS:REYN) 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.


Reynolds Consumer Products (Reynolds Consumer Products) Business Description

Traded in Other Exchanges
N/A
Address
1900 W. Field Court, Lake Forest, IL, USA, 60045
Reynolds Consumer Products Inc is a provider of household products. The firm is engaged in the production and sales of cooking products, waste and storage products, and tableware. It operates through four reportable segments namely, Reynolds Cooking and Baking, Hefty Waste and Storage, Hefty Tableware, and Presto Products. Reynolds Cooking and Baking segment produce branded and store brand aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags and slow cooker liners.
Executives
Christine Montenegro Mcgrath director C/O REYNOLDS CONSUMER PRODUCTS INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Chris Mayrhofer officer: Vice President and Controller C/O REYNOLDS CONSUMER PRODUCTS, 1900 W. FIELD CT., LAKE FOREST IL 60045
Christopher Corey officer: President, Presto Products C/O REYNOLDS CONSUMER PRODUCTS, INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Mark D. Swartzberg officer: VP Investor Relations C/O REYNOLDS CONSUMER PRODUCTS INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Nathan D. Lowe officer: VP, Fin. Planning & Analysis C/O REYNOLDS CONSUMER PRODUCTS INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
V Lance Mitchell director, officer: President and CEO 1900 W. FIELD COURT, LAKE FOREST IL 60045
Michael E. Graham officer: Chief Financial Officer REYNOLDS CONSUMER PRODUCT, 1900 W. FIELD COURT, LAKE FOREST IL 60045
Stephen C. Estes officer: Chief Administrative Officer 1900 W. FIELD COURT, LAKE FOREST IL 60045
Clyde David Watson officer: Chief Legal Counsel/Corp Sec 1900 W. FIELD COURT, LAKE FOREST IL 60045
Valerie Elizabeth Miller officer: EVP-HR 1900 W. FIELD COURT, LAKE FOREST IL 60045
Michael F. Mcmahon officer: VP-Senior Sales Team 1900 W. FIELD COURT, LAKE FOREST IL 60045
Rita Fisher officer: Chief Information Officer/EVP 1900 W. FIELD COURT, LAKE FOREST IL 60045
Allen Hugli director C/O RANK GROUP, LEVEL II, 148 QUAY ST, AUCKLAND Q2 00000
Lisa M Smith officer: President, Hefty Waste&Storage 1900 W. FIELD COURT, C/O REYNOLDS CONSUMER PRODUCTS INC., LAKE FOREST IL 60045
Gregory Alan Cole director PO BOX 3515, AUCKLAND Q2 00000