Kadant (Kadant) Retained Earnings : $784.1 Mil (As of Mar. 2024)

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What is Kadant Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kadant's retained earnings for the quarter that ended in Mar. 2024 was $784.1 Mil.

Kadant's quarterly retained earnings increased from Sep. 2023 ($739.1 Mil) to Dec. 2023 ($763.1 Mil) and increased from Dec. 2023 ($763.1 Mil) to Mar. 2024 ($784.1 Mil).

Kadant's annual retained earnings increased from Dec. 2021 ($551.8 Mil) to Dec. 2022 ($660.6 Mil) and increased from Dec. 2022 ($660.6 Mil) to Dec. 2023 ($763.1 Mil).

Kadant Retained Earnings Historical Data

The historical data trend for Kadant'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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Kadant Retained Earnings Chart

Kadant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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435.25

479.40

551.85

660.64

763.13

Kadant 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															685.33	711.66	739.13	763.13	784.06

Kadant 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.

Kadant (NYSE:KAI) 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.

Kadant (Kadant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kadant Inc (NYSE:KAI) » Definitions » Retained Earnings

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KDA:Germany

Address

One Technology Park Drive, Westford, MA, USA, 01886

Website

https://www.kadant.com

Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are: Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a global presence with sizable revenue from the U.S., Europe, Asia, and Canada.

Executives

Thomas Andrew Blanchard	officer: Vice President	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael C. Colwell	officer: Vice President	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Erin L Russell	director	245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
John M Albertine	director	100 FEDERAL DRIVE, FREDERICKSBURG VA 22405
Dara F Mitchell	officer: Senior VP, Corp. Development	1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Peter J. Flynn	officer: Vice President	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Fredrik H Westerhout	officer: Vice President	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Stacy D. Krause	officer: VP, General Counsel, Secretary	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael J Mckenney	officer: VICE PRESIDENT	ONE ACTON PLACE STE.200, ACTON MA 01720
William P Tully	director	1 TECHNOLOGY PARK DRIVE, 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Rebecca Martinez O'mara	director	KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Thomas C Leonard	director	KADANT INC., 1 TECHONOLOGY PARK DRIVE, WESTFORD MA 01886
Eric T Langevin	officer: Vice President	KADANT INC., ONE ACTON PLACE, SUITE 202, ACTON MA 01720
Jeffrey L Powell	officer: EXECUTIVE VICE PRESIDENT	1 WALNUT STREET, ACTON MA 01720
Jonathan W Painter	officer: EXECUTIVE VICE PRESIDENT	ONE ACTO PLACE, SUITE 202, ACTON MA 01720