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Service International (Service International) Retained Earnings : $432 Mil (As of Dec. 2023)


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What is Service International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Service International's retained earnings for the quarter that ended in Dec. 2023 was $432 Mil.

Service International's quarterly retained earnings increased from Jun. 2023 ($514 Mil) to Sep. 2023 ($515 Mil) but then declined from Sep. 2023 ($515 Mil) to Dec. 2023 ($432 Mil).

Service International's annual retained earnings declined from Dec. 2021 ($727 Mil) to Dec. 2022 ($544 Mil) and declined from Dec. 2022 ($544 Mil) to Dec. 2023 ($432 Mil).


Service International Retained Earnings Historical Data

The historical data trend for Service 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.

Service International Retained Earnings Chart

Service 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 601.90 560.73 727.02 544.38 432.45

Service International 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 544.38 499.57 513.98 514.81 432.45

Service 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.


Service International  (NYSE:SCI) 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.


Service International (Service International) Business Description

Traded in Other Exchanges
Address
1929 Allen Parkway, Houston, TX, USA, 77019
Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada. The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations. Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral locations, while the cemetery division also generates a significant amount of the company's total income. Geographically, the company gets a major share of revenue from the United States.
Executives
John H Faulk officer: Vice Pres Business Development 1929 ALLEN PARKWAY, HOUSTON TX 77019
Elisabeth G. Nash officer: V.P. Processes & Technology 1929 ALLEN PARKWAY, HOUSTON TX 77019
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
Thomas L Ryan officer: President,Chief Operating Off. 1929 ALLEN PARKWAY, HOUSTON TX 77219
Lori Spilde officer: Sr. V.P. and General Counsel 1929 ALLEN PARKWAY, HOUSTON TX 77019
Steven A Tidwell officer: V.P. Main Street Operations 1929 ALLEN PARKWAY, HOUSTON TX 77019
Buckwalter Alan R Iii director
Eric D Tanzberger officer: VP, Corporate Controller 1929 ALLEN PARKWAY, HOUSTON TX 77219
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Ellen Ochoa director 1929 ALLEN PARKWAY, HOUSTON TX 77019
Gregory T Sangalis officer: Sr. V.P. and General Counsel 46 HIBURY DRIVE, HOUSTON TX 77024
Waring Sumner J Iii officer: VP Western Operations 1929 ALLEN PARKWAY, HOUSTON TX 77219
C Park Shaper director 1001 LOUISIANA, STE 1000, HOUSTON TX 77002
Victor L Lund director ONE RAVINIA DRIVE, STE 1500, ATLANTA GA 30346
Marcus A Watts director