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Martinrea International (TSX:MRE) Retained Earnings : C$712 Mil (As of Mar. 2024)


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What is Martinrea International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Martinrea International's retained earnings for the quarter that ended in Mar. 2024 was C$712 Mil.

Martinrea International's quarterly retained earnings declined from Sep. 2023 (C$682 Mil) to Dec. 2023 (C$678 Mil) but then increased from Dec. 2023 (C$678 Mil) to Mar. 2024 (C$712 Mil).

Martinrea International's annual retained earnings increased from Dec. 2021 (C$410 Mil) to Dec. 2022 (C$544 Mil) and increased from Dec. 2022 (C$544 Mil) to Dec. 2023 (C$678 Mil).


Martinrea International Retained Earnings Historical Data

The historical data trend for Martinrea International'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.

Martinrea International Retained Earnings Chart

Martinrea International 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 425.45 372.79 410.31 543.64 678.27

Martinrea International 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 588.16 632.85 681.67 678.27 712.32

Martinrea International 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.


Martinrea International  (TSX:MRE) 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.


Martinrea International (TSX:MRE) Business Description

Traded in Other Exchanges
Address
3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.
Executives
Ganesh Koduvayur Venkatasubramanian Kesavan Iyer Senior Officer
Armando Pagliari Senior Officer

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