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Allegro Microsystems (Allegro Microsystems) Retained Earnings : $463 Mil (As of Mar. 2024)


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What is Allegro Microsystems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Allegro Microsystems's retained earnings for the quarter that ended in Mar. 2024 was $463 Mil.

Allegro Microsystems's quarterly retained earnings increased from Sep. 2023 ($437 Mil) to Dec. 2023 ($470 Mil) but then declined from Dec. 2023 ($470 Mil) to Mar. 2024 ($463 Mil).

Allegro Microsystems's annual retained earnings increased from Mar. 2022 ($123 Mil) to Mar. 2023 ($310 Mil) and increased from Mar. 2023 ($310 Mil) to Mar. 2024 ($463 Mil).


Allegro Microsystems Retained Earnings Historical Data

The historical data trend for Allegro Microsystems'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.

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Allegro Microsystems Retained Earnings Chart

Allegro Microsystems Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial 194.36 3.55 122.96 310.32 463.01

Allegro Microsystems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 310.32 371.17 436.78 470.13 463.01

Allegro Microsystems 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.


Allegro Microsystems  (NAS:ALGM) 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.


Allegro Microsystems (Allegro Microsystems) Business Description

Traded in Other Exchanges
Address
955 Perimeter Road, Manchester, NH, USA, 03103
Allegro Microsystems Inc is a designer, developer, fabless manufacturer and marketer of sensor ICs and application-specific analog power ICs enabling the critical emerging technologies in the automotive and industrial markets. It is a supplier of power ICs. Its sensor IC allow customers to precisely measure motion, speed, position and current. At the same time, its power ICs include high-temperature and high-voltage capable motor driver, power management and LED driver ICs. Its products are divided into three categories such as SENSE which include Current Sensors, Switches and Latches, Linear and Angular Position, Magnetic Speed Sensors, and Photonics; REGULATE which include Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC and Stepper Driver.
Executives
Vineet A Nargolwala director, officer: President and CEO 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Derek D'antilio officer: SVP, CFO & Treasurer C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Joseph R Martin director
Michael Doogue officer: SVP, CTO C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Suman Narayan officer: SVP, Products 955 PERIMETER ROAD, MANCHESTER NH 03103
Sharon Briansky officer: SVP, GC and Secretary C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Roald Graham Webster officer: VP, Chief Accounting Officer 955 PERIMETER RD, MANCHESTER NH 03103
Richard R. Lury director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Susan D Lynch director 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Max R. Glover officer: SVP of Worldwide Sales C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Oep Skna, L.p. 10 percent owner 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Joanne Valente officer: SVP, CHRO C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Katsumi Kawashima director 955 PERIMETER ROAD, MANCHESTER NH 03103
Kojiro Hatano director 955 PERIMETER ROAD, MANCHESTER NH 03103