Rocket Lab USA (STU:6RJ) Retained Earnings : €-614.4 Mil (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Rocket Lab USA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rocket Lab USA's retained earnings for the quarter that ended in Mar. 2024 was €-614.4 Mil.

Rocket Lab USA's quarterly retained earnings declined from Sep. 2023 (€-536.9 Mil) to Dec. 2023 (€-571.8 Mil) and declined from Dec. 2023 (€-571.8 Mil) to Mar. 2024 (€-614.4 Mil).

Rocket Lab USA's annual retained earnings declined from Dec. 2021 (€-269.9 Mil) to Dec. 2022 (€-416.3 Mil) and declined from Dec. 2022 (€-416.3 Mil) to Dec. 2023 (€-571.8 Mil).

Rocket Lab USA Retained Earnings Historical Data

The historical data trend for Rocket Lab USA'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.

Rocket Lab USA Retained Earnings Chart

Rocket Lab USA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-154.28

-269.94

-416.26

-571.77

Rocket Lab USA Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial										-454.46	-491.46	-536.93	-571.77	-614.36

Rocket Lab USA 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.

Rocket Lab USA (STU:6RJ) 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.

Rocket Lab USA (STU:6RJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rocket Lab USA Inc (STU:6RJ) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

RKLB:USA

Address

3881 McGowen Street, Long Beach, CA, USA, 90808

Website

https://www.rocketlabusa.com

Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.

Rocket Lab USA (STU:6RJ) Headlines

No Headlines