RBC Bearings (FRA:B1X) Retained Earnings : €1,119 Mil (As of Mar. 2024)

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What is RBC Bearings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RBC Bearings's retained earnings for the quarter that ended in Mar. 2024 was €1,119 Mil.

RBC Bearings's quarterly retained earnings increased from Sep. 2023 (€1,050 Mil) to Dec. 2023 (€1,065 Mil) and increased from Dec. 2023 (€1,065 Mil) to Mar. 2024 (€1,119 Mil).

RBC Bearings's annual retained earnings increased from Mar. 2022 (€805 Mil) to Mar. 2023 (€962 Mil) and increased from Mar. 2023 (€962 Mil) to Mar. 2024 (€1,119 Mil).

RBC Bearings Retained Earnings Historical Data

The historical data trend for RBC Bearings'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.

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RBC Bearings Retained Earnings Chart

RBC Bearings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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696.14

708.50

804.58

961.93

1,119.46

RBC Bearings 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															961.93	991.49	1,049.53	1,064.55	1,119.46

RBC Bearings 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.

RBC Bearings (FRA:B1X) 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.

RBC Bearings (FRA:B1X) Business Description

Industry

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RBC:USA

Address

102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478

Website

https://www.rbcbearings.com

RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.

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