Upbound Group (FRA:RAC) Retained Earnings : €922 Mil (As of Mar. 2024)

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What is Upbound Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Upbound Group's retained earnings for the quarter that ended in Mar. 2024 was €922 Mil.

Upbound Group's quarterly retained earnings declined from Sep. 2023 (€962 Mil) to Dec. 2023 (€912 Mil) but then increased from Dec. 2023 (€912 Mil) to Mar. 2024 (€922 Mil).

Upbound Group's annual retained earnings increased from Dec. 2021 (€1,012 Mil) to Dec. 2022 (€1,017 Mil) but then declined from Dec. 2022 (€1,017 Mil) to Dec. 2023 (€912 Mil).

Upbound Group Retained Earnings Historical Data

The historical data trend for Upbound Group'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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Upbound Group Retained Earnings Chart

Upbound Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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853.09

896.81

1,012.13

1,016.87

912.32

Upbound Group 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															1,032.49	960.62	961.65	912.32	922.14

Upbound Group 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.

Upbound Group (FRA:RAC) 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.

Upbound Group (FRA:RAC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Upbound Group Inc (FRA:RAC) » Definitions » Retained Earnings

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UPBD:USA

Address

5501 Headquarters Drive, Plano, TX, USA, 75024

Website

https://www.upbound.com

Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.

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