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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Syneos Health's retained earnings for the quarter that ended in Jun. 2023 was $96 Mil.
Syneos Health's quarterly retained earnings declined from Dec. 2022 ($168 Mil) to Mar. 2023 ($96 Mil) but then increased from Mar. 2023 ($96 Mil) to Jun. 2023 ($96 Mil).
Syneos Health's annual retained earnings increased from Dec. 2020 ($-180 Mil) to Dec. 2021 ($-13 Mil) and increased from Dec. 2021 ($-13 Mil) to Dec. 2022 ($168 Mil).
The historical data trend for Syneos Health'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.
Syneos Health Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -459.33 | -341.26 | -179.87 | -12.95 | 167.69 |
Syneos Health Quarterly Data | ||||||||||||||||||||
Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Retained Earnings | Get a 7-Day Free Trial | 25.12 | 112.17 | 167.69 | 95.55 | 96.34 |
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.
Syneos Health (NAS:SYNH) 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.
Michael J. Bonello | officer: Chief Financial Officer | 4130 PARKLAKE AVENUE, SUITE 400, RALEIGH NY 27612 |
Stanford Rudnick | officer: See remarks | C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560-5468 |
Christian Tucat | officer: Chief Business Officer | C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560-5468 |
Michael Lee Brooks | officer: See remarks | C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560 |
Jonathan Olefson | officer: General Counsel & Corp Secty | C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560 |
Michelle Keefe | officer: Pres., Commercial Solutions | C/O SYNEOS HEALTH,INC., 1030 SYNC STREET, MORRISVILLE NC 27560 |
Jason M. Meggs | officer: Chief Financial Officer | C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560 |
Donna Hildebrand Kralowetz | officer: SVP, Chief Accounting Officer | C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560 |
Matthew E. Monaghan | director | ONE INVACARE WAY, ELYRIA OH 44035 |
Alfonso G Zulueta | director | 4925 INDIANA AVE, LISLE IL 60532 |
Barbara W. Bodem | director | C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Linda S Harty | director | MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432 |
Alistair Macdonald | officer: Chief Operating Officer | C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560 |
David S. Wilkes | director | ONE BAXTER PARKWAY, DEERFIELD IL 60015 |
Advent International Corp/ma | 10 percent owner | 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199 |
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