GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Uniti Group Inc (NAS:UNIT) » Definitions » Retained Earnings

Uniti Group (Uniti Group) Retained Earnings : $-3,704 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Uniti Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Uniti Group's retained earnings for the quarter that ended in Mar. 2024 was $-3,704 Mil.

Uniti Group's quarterly retained earnings declined from Sep. 2023 ($-3,666 Mil) to Dec. 2023 ($-3,708 Mil) but then increased from Dec. 2023 ($-3,708 Mil) to Mar. 2024 ($-3,704 Mil).

Uniti Group's annual retained earnings declined from Dec. 2021 ($-3,333 Mil) to Dec. 2022 ($-3,484 Mil) and declined from Dec. 2022 ($-3,484 Mil) to Dec. 2023 ($-3,708 Mil).


Uniti Group Retained Earnings Historical Data

The historical data trend for Uniti Group'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.

Uniti Group Retained Earnings Chart

Uniti Group 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 -2,494.74 -3,330.46 -3,333.48 -3,483.63 -3,708.24

Uniti Group 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 -3,538.68 -3,548.87 -3,665.57 -3,708.24 -3,703.60

Uniti Group 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.


Uniti Group  (NAS:UNIT) 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.


Uniti Group (Uniti Group) Business Description

Traded in Other Exchanges
Address
2101 Riverfront Drive, Suite A, Little Rock, AR, USA, 72202
Uniti is a REIT with about 135,000 route miles of fiber in the U.S., primarily in the Southeast. Uniti reports its business in two segments: leasing and fiber. Leasing currently makes up about 75% of total revenue and consists mostly of Uniti's master lease agreement with Windstream. Uniti was spun out of Windstream in 2015 with a substantial portion of Windstream's network assets, and it immediately leased the entire portfolio back for Windstream's exclusive use. Other leasing revenue stems from sale-leaseback transactions with other fiber holders. Uniti generates fiber revenue by leasing dark and lit fiber to wireless carriers and other enterprises.
Executives
Kenny Gunderman director, officer: See Remarks C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712
Michael Friloux officer: EVP - Chief Technology Officer 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Paul Bullington officer: Interim CFO and PFO 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Travis Black officer: Interim PAO 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Carmen Perez-carlton director 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
David L Solomon director 5847 SAN FELIPE SUITE 320, HOUSTON TX 77057
Blake Schuhmacher officer: Principal Accounting Officer 10802 EXECUTIVE CENTER DRIVE, BENTON BUILDING, SUITE 300, LITTLE ROCK AR 72211
Daniel L Heard officer: See Remarks 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Ronald J. Mudry officer: EVP-Pres of Fiber Operations 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Andrew Frey director 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Scott G. Bruce director 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Windstream Holdings, Inc. 10 percent owner 4001 RODNEY PARHAM RD., LITTLE ROCK AR 72212
Windstream Services, Llc 10 percent owner 4001 RODNEY PARHAM ROAD, LITTLE ROCK AR 72212
Jennifer S Banner director 214N TRYON STREET, CHARLOTTE NC 28202
Francis X Frantz director ONE ALLIED DRIVE, LITTLE ROCK AR 72202