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Applied Industrial Technologies (Applied Industrial Technologies) Retained Earnings : $0 Mil (As of Mar. 2024)


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What is Applied Industrial Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Applied Industrial Technologies's retained earnings for the quarter that ended in Mar. 2024 was $0 Mil.

Applied Industrial Technologies's quarterly retained earnings increased from Sep. 2023 ($1,886 Mil) to Dec. 2023 ($1,964 Mil) but then declined from Dec. 2023 ($1,964 Mil) to Mar. 2024 ($0 Mil).

Applied Industrial Technologies's annual retained earnings increased from Jun. 2021 ($1,294 Mil) to Jun. 2022 ($1,500 Mil) and increased from Jun. 2022 ($1,500 Mil) to Jun. 2023 ($1,793 Mil).


Applied Industrial Technologies Retained Earnings Historical Data

The historical data trend for Applied Industrial Technologies'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.

Applied Industrial Technologies Retained Earnings Chart

Applied Industrial Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,229.15 1,200.57 1,294.41 1,499.68 1,792.63

Applied Industrial Technologies 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 1,727.53 1,792.63 1,886.43 1,964.09 -

Applied Industrial Technologies 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.


Applied Industrial Technologies  (NYSE:AIT) 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.


Applied Industrial Technologies (Applied Industrial Technologies) Business Description

Traded in Other Exchanges
Address
1 Applied Plaza, Cleveland, OH, USA, 44115
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. Fluid products include hydraulic, pneumatic, lubrication, and filtration systems and components. Applied Industrial Technologies operates primarily in North America, Australia, and New Zealand.
Executives
Neil A Schrimsher director, officer: President and CEO ONE APPLIED PLAZA, CLEVELAND OH 44115
Peter C Wallace director C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Hoffner Warren E Iii officer: VP-General Mgr, Fluid Power ONE APPLIED PLAZA, CLEVELAND OH 44115
Kurt W. Loring officer: VP-Chief HR Officer ONE APPLIED PLAZA, CLEVELAND OH 44115
Mary Dean Hall director 4920 O'HEAR AVENUE, SUITE 400, NORTH CHARLESTON SC 29405
Jon S Ploetz officer: VP-General Counsel & Secretary ONE APPLIED PLAZA, CLEVELAND OH 44115
Fred D Bauer officer: VP-General Counsel & Secretary ONE APPLIED PLZ, CLEVELAND OH 44115-5056
Vincent K Petrella director
Shelly Marie Chadwick director 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Christopher Macey other: Corporate Controller 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Peter A Dorsman director
Jason W Vasquez officer: VP-Sales & Marketing-USSC ONE APPLIED PLAZA, CLEVELAND OH 44115
Jerry Sue Thornton director C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Madhuri A Andrews director 2525 STEMMONS FRWY, DALLAS TX 75207
Green Edith Kelly director 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118