GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Smith & Wesson Brands Inc (NAS:SWBI) » Definitions » Retained Earnings

Smith & Wesson Brands (Smith & Wesson Brands) Retained Earnings : $520.1 Mil (As of Jan. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Smith & Wesson Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Smith & Wesson Brands's retained earnings for the quarter that ended in Jan. 2024 was $520.1 Mil.

Smith & Wesson Brands's quarterly retained earnings declined from Jul. 2023 ($520.8 Mil) to Oct. 2023 ($517.7 Mil) but then increased from Oct. 2023 ($517.7 Mil) to Jan. 2024 ($520.1 Mil).

Smith & Wesson Brands's annual retained earnings increased from Apr. 2021 ($325.2 Mil) to Apr. 2022 ($504.6 Mil) and increased from Apr. 2022 ($504.6 Mil) to Apr. 2023 ($523.2 Mil).


Smith & Wesson Brands Retained Earnings Historical Data

The historical data trend for Smith & Wesson Brands'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.

Smith & Wesson Brands Retained Earnings Chart

Smith & Wesson Brands Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 402.95 341.72 325.18 504.64 523.18

Smith & Wesson Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 514.94 523.18 520.77 517.68 520.05

Smith & Wesson Brands 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.


Smith & Wesson Brands  (NAS:SWBI) 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.


Smith & Wesson Brands (Smith & Wesson Brands) Business Description

Traded in Other Exchanges
Address
2100 Roosevelt Avenue, Springfield, MA, USA, 01104
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.
Executives
Robert L Scott director 14500 N. NORTHSIGHT, SUITE 116, SCOTTSDALE AZ 85260
Michelle Lohmeier director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704
Deana L Mcpherson officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Mark Peter Smith officer: See remarks. 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Kevin Alden Maxwell officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Barry M Monheit director
Robert J. Cicero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Denis Suggs director 7701 FORSYTH BOULEVARD, SUITE 800, ST. LOUIS MO 63105
Michael F Golden officer: President and CEO 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Anita D Britt director 3000 NW 107TH AVENUE, MIAMI FL 33172
Susan Jean Cupero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Lane A. Tobiassen officer: President, Firearm Division 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Mitchell A Saltz director 14500 NORTH NORTHSIGHT BLVD SUITE 116, SCOTTSDALE AZ 85260

Smith & Wesson Brands (Smith & Wesson Brands) Headlines

From GuruFocus