GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fly Leasing Ltd (NYSE:FLY) » Definitions » Retained Earnings

Fly Leasing (Fly Leasing) Retained Earnings : $309.6 Mil (As of Mar. 2021)


View and export this data going back to 2007. Start your Free Trial

What is Fly Leasing Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fly Leasing's retained earnings for the quarter that ended in Mar. 2021 was $309.6 Mil.

Fly Leasing's quarterly retained earnings declined from Sep. 2020 ($420.0 Mil) to Dec. 2020 ($313.0 Mil) and declined from Dec. 2020 ($313.0 Mil) to Mar. 2021 ($309.6 Mil).

Fly Leasing's annual retained earnings increased from Dec. 2018 ($154.3 Mil) to Dec. 2019 ($380.4 Mil) but then declined from Dec. 2019 ($380.4 Mil) to Dec. 2020 ($313.0 Mil).


Fly Leasing Retained Earnings Historical Data

The historical data trend for Fly Leasing'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.

Fly Leasing Retained Earnings Chart

Fly Leasing Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.03 68.62 154.35 380.39 312.97

Fly Leasing Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 418.46 428.07 420.00 312.97 309.57

Fly Leasing 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.


Fly Leasing  (NYSE:FLY) 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.


Fly Leasing (Fly Leasing) Business Description

Traded in Other Exchanges
N/A
Address
West Pier Business Campus, Dun Laoghaire, County Dublin, IRL, A96 N6T7
Fly Leasing Ltd is principally involved in the commercial aircraft business. In addition, to arranging for the leasing of the fleet the group is also involved acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing Fly Leasing's rights against lessees.

Fly Leasing (Fly Leasing) Headlines

From GuruFocus

Fly Leasing to Sell 12 Aircraft

By PRNewswire PRNewswire 07-08-2019

Fly Leasing Announces 20-F Filing

By PRNewswire PRNewswire 03-02-2021

Fly Leasing Closes New $180 Million Term Loan

By PRNewswire PRNewswire 10-16-2020

Fly Leasing Reprices and Extends 2012 Term Loan

By PRNewswire PRNewswire 11-25-2019

Fly Leasing Announces 20-F Filing

By PRNewswire PRNewswire 03-14-2020

Fly Leasing Reports First Quarter 2021 Financial Results

By PRNewswire PRNewswire 05-13-2021