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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Triumph Group's retained earnings for the quarter that ended in Dec. 2023 was $-1,243 Mil.
Triumph Group's quarterly retained earnings declined from Jun. 2023 ($-1,226 Mil) to Sep. 2023 ($-1,227 Mil) and declined from Sep. 2023 ($-1,227 Mil) to Dec. 2023 ($-1,243 Mil).
Triumph Group's annual retained earnings declined from Mar. 2021 ($-1,254 Mil) to Mar. 2022 ($-1,297 Mil) but then increased from Mar. 2022 ($-1,297 Mil) to Mar. 2023 ($-1,208 Mil).
The historical data trend for Triumph 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.
Triumph Group Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -794.07 | -803.48 | -1,254.39 | -1,297.15 | -1,207.56 |
Triumph 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 | -1,190.01 | -1,207.56 | -1,225.72 | -1,227.02 | -1,242.92 |
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.
Triumph Group (NYSE:TGI) 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.
Quigley Thomas A. Iii | officer: Vice President and Controller | C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312 |
Neal J Keating | director | C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002 |
Mather Courtney | director | C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160 |
Patrick E Allen | director | 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498 |
Daniel J Crowley | director, officer: President & CEO | 870 WINTER STREET, WALTHAM MA 02451 |
Cynthia M Egnotovich | director | |
Kai W Kasiguran | officer: VP, Controller and PAO | 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312 |
Richard A Goglia | director | 870 WINTER STREET, WALTHAM MA 02451 |
Wick Peter K. A. | officer: EVP, Aerospace Structures | 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312 |
Barbara Humpton | director | 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312 |
Repplier Colleen C | director | 1205 KIMBALL BLVD., JASPER IN 47546 |
William L Mansfield | director | 2301 INDUSTRIAL DR., NEENAH WI 54956 |
Adam Joseph Palmer | director | 1001 PENNSYLVANIA AVENUE, NW, SUITE 220 S, WASHINGTON DC 20004 |
Paul Bourgon | director | 1550 LIBERTY RIDGE DRIVE, SUITE 100, WAYNE PA 19464 |
Daniel P Garton | director | 4333 AMON CARTER BLVD, FORT WORTH TX 76155 |
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