Symbotic (Symbotic) Retained Earnings : $-1,319 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Symbotic Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Symbotic's retained earnings for the quarter that ended in Mar. 2024 was $-1,319 Mil.

Symbotic's quarterly retained earnings declined from Sep. 2023 ($-1,310 Mil) to Dec. 2023 ($-1,312 Mil) and declined from Dec. 2023 ($-1,312 Mil) to Mar. 2024 ($-1,319 Mil).

Symbotic's annual retained earnings declined from Sep. 2021 ($-1,155 Mil) to Sep. 2022 ($-1,287 Mil) and declined from Sep. 2022 ($-1,287 Mil) to Sep. 2023 ($-1,310 Mil).

Symbotic Retained Earnings Historical Data

The historical data trend for Symbotic'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.

Symbotic Retained Earnings Chart

Symbotic Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

-856.86

-1,154.94

-1,286.57

-1,310.44

Symbotic Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial											-1,299.88	-1,304.23	-1,310.44	-1,312.36	-1,318.94

Symbotic 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.

Symbotic (NAS:SYM) 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.

Symbotic (Symbotic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Symbotic Inc (NAS:SYM) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

SYM:Mexico

Address

200 Research Drive, Wilmington, MA, USA, 01887

Website

https://www.symbotic.com

Symbotic Inc is an automation technology company that develops technologies to improve operating efficiencies in modern warehouses. The group develops, commercializes, and deploys innovative, end-to-end technology solutions that dramatically improve supply chain operations. Symbotic also automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The company operates in two geographical regions the United States and Canada. Key revenue is generated from the United States.

Executives

Michael David Dunn	officer: See Remarks	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Todd Krasnow	director	C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Boyd William M Iii	officer: Chief Strategy Officer	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Rollin L. Ford	director	702 S.W. 8TH STREET, MAIL STOP # 0215, BENTONVILLE AR 72716-0215
Charles Kane	director	289 TURNPIKE RD, WESTBORO MA 01581
David A Ladensohn	10 percent owner	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Ernst Thomas C Jr	officer: Chief Financial Officer	2201 LAKESIDE BLVD., RICHARDSON TX 75082
Richard B Cohen	director, 10 percent owner, officer: See Remarks	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Janet L Cohen	10 percent owner	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Sunlight Investment Corp.	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025
Svf Ii Strategic Investments Aiv Llc	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025
Svf Ii Spac Investment 3 (de) Llc	10 percent owner	1 CIRCLE STAR WAY, SAN CARLOS CA 94070
Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Northstar Gp Sb	10 percent owner	69 GROSVENOR STREET, LONDON X0 W1K 3JP
Sb Management Ltd	10 percent owner	9TH FLOOR, AL SILA TOWER, ADGM SQUARE, AL MARYAH ISLAND, ABU DHABI C0 NA