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PC Connection (PC Connection) Retained Earnings : $771 Mil (As of Mar. 2024)


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What is PC Connection Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PC Connection's retained earnings for the quarter that ended in Mar. 2024 was $771 Mil.

PC Connection's quarterly retained earnings increased from Sep. 2023 ($739 Mil) to Dec. 2023 ($761 Mil) and increased from Dec. 2023 ($761 Mil) to Mar. 2024 ($771 Mil).

PC Connection's annual retained earnings increased from Dec. 2021 ($606 Mil) to Dec. 2022 ($686 Mil) and increased from Dec. 2022 ($686 Mil) to Dec. 2023 ($761 Mil).


PC Connection Retained Earnings Historical Data

The historical data trend for PC Connection'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.

PC Connection Retained Earnings Chart

PC Connection Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 514.69 562.08 605.77 686.04 760.90

PC Connection 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 698.13 715.73 739.22 760.90 771.42

PC Connection 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.


PC Connection  (NAS:CNXN) 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.


PC Connection (PC Connection) Business Description

Traded in Other Exchanges
Address
730 Milford Road, Merrimack, NH, USA, 03054-4631
PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Business Solutions, Enterprise Solutions, and Public Sector Solutions. The company generates maximum revenue Enterprise Solutions segment.
Executives
Thomas C Baker officer: Sr. VP, CFO & Treasurer 730 MILFORD ROAD, MERRIMACK NH 03054
Negrini David Beffa director, officer: VP, Corporate Communications PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Timothy J Mcgrath officer: President & CEO PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Jack L Ferguson officer: Treasurer & Interim CFO PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054
Barbara Duckett director 730 MILFORD ROAD, MERRIMACK NH 03054
Patricia Gallup director, 10 percent owner, officer: Chairman & Chief Admin Officer 730 MILFORD ROAD, MERRIMACK NH 03054
Pc Connection Inc 10 percent owner ROUTE 101A, 730 MILFORD RD, MERRIMACK NH 03054
Comack Trust 10 percent owner 450 MARLBORO STREET, KEENE NH 03431
Jay E Bothwick director C/O PC CONENCTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Gary Kinyon director 730 MILFORD ROAD, MERRIMACK NH 03054
Estate Of David Mclellan Hall 10 percent owner C/O PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Joseph A Baute director 730 MILFORD ROAD, MERRIMACK NH 03054
Stephen P Sarno officer: Sr. VP, Treasurer & CFO C/O SAPIENT CORPORATION, 25 FIRST STREET, CAMBRIDGE MA 02141
David Hall director, 10 percent owner, officer: Vice Chairman 730 MILFORD ROAD, MERRIMACK NH 03054
Glynn W Schulze officer: Interim CFO and VP C/O PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054

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