ESAB (FRA:O03) Retained Earnings : €374 Mil (As of Mar. 2024)

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What is ESAB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ESAB's retained earnings for the quarter that ended in Mar. 2024 was €374 Mil.

ESAB's quarterly retained earnings increased from Sep. 2023 (€285 Mil) to Dec. 2023 (€321 Mil) and increased from Dec. 2023 (€321 Mil) to Mar. 2024 (€374 Mil).

ESAB's annual retained earnings increased from Dec. 2021 (€0 Mil) to Dec. 2022 (€150 Mil) and increased from Dec. 2022 (€150 Mil) to Dec. 2023 (€321 Mil).

ESAB Retained Earnings Historical Data

The historical data trend for ESAB'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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ESAB Retained Earnings Chart

ESAB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

150.31

321.46

ESAB Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial										175.69	230.78	284.81	321.46	374.32

ESAB 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.

ESAB (FRA:O03) 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.

ESAB (FRA:O03) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ESAB Corp (FRA:O03) » Definitions » Retained Earnings

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Traded in Other Exchanges

ESAB:USA

Address

909 Rose Avenue, 8th Floor, North Bethesda, MD, USA, 20852

Website

https://www.esabcorporation.com

ESAB, spun off from Colfax in 2022, is a leading manufacturer of equipment and consumables used in welding, cutting, and joining applications. Alongside competitors Lincoln Electric and ITW's Miller brand, ESAB is one of the top three players in the welding space. ESAB generated roughly $2.6 billion in revenue and $329 million in GAAP operating income in 2022.

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