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SiteOne Landscape Supply (SiteOne Landscape Supply) Retained Earnings : $897 Mil (As of Mar. 2024)


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What is SiteOne Landscape Supply Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SiteOne Landscape Supply's retained earnings for the quarter that ended in Mar. 2024 was $897 Mil.

SiteOne Landscape Supply's quarterly retained earnings declined from Sep. 2023 ($920 Mil) to Dec. 2023 ($916 Mil) and declined from Dec. 2023 ($916 Mil) to Mar. 2024 ($897 Mil).

SiteOne Landscape Supply's annual retained earnings increased from Dec. 2021 ($498 Mil) to Dec. 2022 ($743 Mil) and increased from Dec. 2022 ($743 Mil) to Dec. 2023 ($916 Mil).


SiteOne Landscape Supply Retained Earnings Historical Data

The historical data trend for SiteOne Landscape Supply'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.

SiteOne Landscape Supply Retained Earnings Chart

SiteOne Landscape Supply 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 137.80 259.10 497.50 742.90 916.30

SiteOne Landscape Supply 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 738.40 862.40 919.70 916.30 897.00

SiteOne Landscape Supply 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.


SiteOne Landscape Supply  (NYSE:SITE) 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.


SiteOne Landscape Supply (SiteOne Landscape Supply) Business Description

Traded in Other Exchanges
Address
300 Colonial Center Parkway, Suite 600, Roswell, GA, USA, 30076
SiteOne Landscape Supply Inc is one of the largest suppliers of tools and equipment. The company serves various businesses which include wholesale irrigation, outdoor lighting, nursery, landscape supplies, grass seeds, and fertilizers, turf protection products, turf care equipment, and golf course accessories for green industry professionals mainly in the United States and Canada. Its product portfolio includes irrigation supplies, fertilizer and herbicides, landscape accessories, nursery goods, natural stones and blocks, outdoor lighting and ice melt products and other products.
Executives
Doug Black director, officer: CEO MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
John T Guthrie officer: EVP, CFO and Assistant Sec. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Brisendine L Briley Jr officer: EVP, General Counsel & Sec. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Shannon Versaggi officer: SVP Marketing 1004 SUMMIT VIEW LANE, MILTON GA 30004
Greg Weller officer: Senior VP of Operations MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Joseph Ketter officer: Senior VP, Human Resources. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Jack L Wyszomierski director SCHERING PLOUGH CORP, ONE GIRALDA FARMS, MADISON NJ 07940-1000
Webster Roy Dunbar director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Douglas William W Iii director COCA-COLA ENTERPRISES, INC, 2500 WINDY RIDGE PARKWAY, ATLANTA GA 30339
Jeri L Isbell director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
Larisa Drake director EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Scott Salmon officer: EVP, Strategy & Development 14155 SEABISCUIT, MILTON GA 30004
Ross Anker officer: EVP, Category Mgmt, Mktg & IT MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL 2Q 30076
Pascal Convers officer: EVP, Strategy and Development MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Michael J Grebe director STERLING CHECKCORP INC., 1 STATE STREET PLAZA, NEW YORK NY 10004