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MSAfety (MSAfety) Retained Earnings : $1,143 Mil (As of Dec. 2023)


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What is MSAfety Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MSAfety's retained earnings for the quarter that ended in Dec. 2023 was $1,143 Mil.

MSAfety's quarterly retained earnings increased from Jun. 2023 ($1,039 Mil) to Sep. 2023 ($1,086 Mil) and increased from Sep. 2023 ($1,086 Mil) to Dec. 2023 ($1,143 Mil).

MSAfety's annual retained earnings increased from Dec. 2021 ($1,050 Mil) to Dec. 2022 ($1,158 Mil) but then declined from Dec. 2022 ($1,158 Mil) to Dec. 2023 ($1,143 Mil).


MSAfety Retained Earnings Historical Data

The historical data trend for MSAfety'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.

MSAfety Retained Earnings Chart

MSAfety 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 1,012.27 1,103.09 1,050.21 1,158.35 1,143.44

MSAfety Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,158.35 990.13 1,038.75 1,085.52 1,143.44

MSAfety 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.


MSAfety  (NYSE:MSA) 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.


MSAfety (MSAfety) Business Description

Traded in Other Exchanges
Address
1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207
MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The products include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems. End markets include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. MSA Safety generates most of its revenue in North America. The company's reportable geographic segments are Americas, International and Corporate.
Executives
Rebecca B Roberts director 1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Jonathan D. Buck officer: Chief Accounting Officer 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Bob Willem Leenen officer: Vice President 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Richard W Roda officer: Vice President, Secretary, CLO 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Stephanie L Sciullo officer: Vice President, CLO 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Nishan J. Vartanian officer: Vice President 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Lee B Mcchesney officer: Senior VP, CFO and Treasurer 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Robert A Bruggeworth director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
William M Lambert officer: Vice President C/O MSA SAFETY, 1000 CRANBERRY WOODS DRIVE, CRANBERRY TWP PA 16066
Ryan John T Iii director, 10 percent owner, officer: Chairman and CEO P O BOX 426, PITTSBURGH PA 15230
Kenneth D. Krause officer: VP, CFO and Treasurer 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Luca Savi director C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Sandra Phillips Rogers director 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Blanco Steven C. Sr. officer: Vice President 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Diane M Pearse director P O BOX 426, PITTSBURGH PA 152300426