Murphy USA (FRA:1MU) Retained Earnings : €3,068 Mil (As of Mar. 2024)

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What is Murphy USA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Murphy USA's retained earnings for the quarter that ended in Mar. 2024 was €3,068 Mil.

Murphy USA's quarterly retained earnings increased from Sep. 2023 (€2,939 Mil) to Dec. 2023 (€3,006 Mil) and increased from Dec. 2023 (€3,006 Mil) to Mar. 2024 (€3,068 Mil).

Murphy USA's annual retained earnings increased from Dec. 2021 (€1,869 Mil) to Dec. 2022 (€2,601 Mil) and increased from Dec. 2022 (€2,601 Mil) to Dec. 2023 (€3,006 Mil).

Murphy USA Retained Earnings Historical Data

The historical data trend for Murphy USA'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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Murphy USA Retained Earnings Chart

Murphy USA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,226.61

1,432.83

1,869.47

2,600.81

3,006.02

Murphy USA 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															2,664.89	2,748.42	2,939.18	3,006.02	3,068.38

Murphy USA 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.

Murphy USA (FRA:1MU) 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.

Murphy USA (FRA:1MU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Murphy USA Inc (FRA:1MU) » Definitions » Retained Earnings

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MUSA:USA

Address

200 Peach Street, El Dorado, AR, USA, 71730-5836

Website

https://www.murphyusa.com

Murphy USA Inc is an American retailer of gasoline products and convenience-store merchandise operating in the United States. The stores are 100% company-operated and 90% company-owned; most are adjacent to Walmart stores. The business also contains product supply and wholesale assets, such as product distribution terminals and pipelines. Murphy is positioned in the market as a low-price, high-volume fuel retailer selling through low-cost kiosks and small stores. The stores adjacent to Walmart offer a discount program. The amount of the discount offered can vary based on many factors, including state laws.

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