Meredith (Meredith) Retained Earnings : $531 Mil (As of Sep. 2021)

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What is Meredith Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Meredith's retained earnings for the quarter that ended in Sep. 2021 was $531 Mil.

Meredith's quarterly retained earnings increased from Mar. 2021 ($470 Mil) to Jun. 2021 ($506 Mil) and increased from Jun. 2021 ($506 Mil) to Sep. 2021 ($531 Mil).

Meredith's annual retained earnings declined from Jun. 2019 ($759 Mil) to Jun. 2020 ($198 Mil) but then increased from Jun. 2020 ($198 Mil) to Jun. 2021 ($506 Mil).

Meredith Retained Earnings Historical Data

The historical data trend for Meredith'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.

Meredith Retained Earnings Chart

Meredith Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Retained Earnings

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915.70

889.80

759.00

197.60

506.30

Meredith Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Retained Earnings	Get a 7-Day Free Trial															242.00	390.50	469.60	506.30	531.10

Meredith 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.

Meredith (NYSE:MDP) 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.

Meredith (Meredith) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Meredith Corp (NYSE:MDP) » Definitions » Retained Earnings

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Address

1716 Locust Street, Des Moines, IA, USA, 50309-3023

Website

https://www.meredith.com

Meredith Corp is an American media company that focuses on publications and marketing services around the home, family, food, and lifestyle markets. The company operates two divisions: national media and local media. The national media segment publishes magazines such as Every Day with Rachael Ray, Better Homes and Gardens, Family Fun, and Parents; this segment is the source of the majority of Meredith's revenue. The local media segment owns over 15 television stations around the United States. In 2014, the company announced a 10-year licensing agreement with Martha Stewart Omnimedia to acquire the rights to Martha Stewart Living, Martha Stewart Weddings, and marthastewart.com.

Executives

John S Zieser	officer: Chief Development Officer	1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Steven M Cappaert	officer: Corporate Controller
Thomas H Harty	director, officer: President and CEO	MEREDITH CORPORATION 1716 LOCUST ST., MAIL STOP LS101-A DES MOINES IA 50309
Patrick Mccreery	officer: President-Local Media Group	C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Jason M. Frierott	officer: Chief Financial Officer	C/O TRANSPORTATION SYSTEMS HOLDINGS INC. 901 MAIN AVENUE NORWALK CT 06851
Gregory Coleman	director	C/O MEREDITH CORP., 1716 LOCUST STREET, DES MOINES IA 50309
Donald C Berg	director	PO BOX 1080, LOUISVILLE KY 40201
Stephen M Lacy	director	1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Beth J Kaplan	director	1716 LOCUST STREET, DES MOINES IA 50309
Joseph H Ceryanec	officer: Chief Financial Officer	PO BOX 3177 CEDAR RAPIDS IA 52406-3177
Meredith Edwin T Iv	10 percent owner
Elizabeth E Tallett	director	6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Iii Chris Roberts	director	1716 LOCUST ST. LS-175, 7TH FLOOR, DES MOINES IA 50309
Paula Kerger	director	C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Donald A Baer	director	1716 LOCUST STREET DES MOINES IA 50309