GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Bellway PLC (OTCPK:BLWYY) » Definitions » Retained Earnings

Bellway (Bellway) Retained Earnings : $4,086 Mil (As of Jan. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Bellway Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bellway's retained earnings for the quarter that ended in Jan. 2024 was $4,086 Mil.

Bellway's quarterly retained earnings increased from Jan. 2023 ($3,993 Mil) to Jul. 2023 ($4,179 Mil) but then declined from Jul. 2023 ($4,179 Mil) to Jan. 2024 ($4,086 Mil).

Bellway's annual retained earnings declined from Jul. 2021 ($4,242 Mil) to Jul. 2022 ($3,776 Mil) but then increased from Jul. 2022 ($3,776 Mil) to Jul. 2023 ($4,179 Mil).


Bellway Retained Earnings Historical Data

The historical data trend for Bellway'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.

Bellway Retained Earnings Chart

Bellway Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,373.10 3,530.75 4,241.85 3,775.66 4,178.74

Bellway Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 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 4,353.52 3,775.66 3,993.27 4,178.74 4,085.52

Bellway 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.


Bellway  (OTCPK:BLWYY) 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.


Bellway (Bellway) Business Description

Traded in Other Exchanges
Address
Woolsington House, Woolsington, Newcastle upon Tyne, GBR, NE13 8BF
Bellway is the U.K.'s fourth-largest residential property developer in terms of both revenue and dwelling completions. Bellway's vertical integration through the land development, construction, and sales and marketing segments of the residential property development value chain aligns with the typical business model employed by homebuilders in the U.K. market.

Bellway (Bellway) Headlines

From GuruFocus

Bernard Horn's Polaris Global Value Fund 4th-Quarter Letter

By Sydnee Gatewood Sydnee Gatewood 01-22-2020

This Homebuilder's Foundations Are Decent

By The City Letter 06-20-2022

Bernard Horn Comments on Bellway

By Holly LaFon Holly LaFon 07-18-2019

British Home Builder Bellway Trading Cheaply With Brexit Concerns

By Holmes Osborne, CFA Holmes Osborne, CFA 07-05-2017