GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CBIZ Inc (LTS:0HQI) » Definitions » Retained Earnings

CBIZ (LTS:0HQI) Retained Earnings : $932 Mil (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is CBIZ Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CBIZ's retained earnings for the quarter that ended in Mar. 2024 was $932 Mil.

CBIZ's quarterly retained earnings declined from Sep. 2023 ($868 Mil) to Dec. 2023 ($855 Mil) but then increased from Dec. 2023 ($855 Mil) to Mar. 2024 ($932 Mil).

CBIZ's annual retained earnings increased from Dec. 2021 ($629 Mil) to Dec. 2022 ($734 Mil) and increased from Dec. 2022 ($734 Mil) to Dec. 2023 ($855 Mil).


CBIZ Retained Earnings Historical Data

The historical data trend for CBIZ'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.

CBIZ Retained Earnings Chart

CBIZ 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 479.58 557.88 628.76 734.12 855.08

CBIZ 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 807.28 834.14 867.82 855.08 931.97

CBIZ 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.


CBIZ  (LTS:0HQI) 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.


CBIZ (LTS:0HQI) Business Description

Traded in Other Exchanges
Address
6801 Brecksville Road, Door N., Independence, OH, USA, 44131
CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Agribusiness, SAAS, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.

CBIZ (LTS:0HQI) Headlines

No Headlines