Plymouth Industrial REIT (Plymouth Industrial REIT) Retained Earnings : $-176.4 Mil (As of Mar. 2024)

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What is Plymouth Industrial REIT Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Plymouth Industrial REIT's retained earnings for the quarter that ended in Mar. 2024 was $-176.4 Mil.

Plymouth Industrial REIT's quarterly retained earnings increased from Sep. 2023 ($-191.9 Mil) to Dec. 2023 ($-182.6 Mil) and increased from Dec. 2023 ($-182.6 Mil) to Mar. 2024 ($-176.4 Mil).

Plymouth Industrial REIT's annual retained earnings declined from Dec. 2021 ($-177.3 Mil) to Dec. 2022 ($-194.2 Mil) but then increased from Dec. 2022 ($-194.2 Mil) to Dec. 2023 ($-182.6 Mil).

Plymouth Industrial REIT Retained Earnings Historical Data

The historical data trend for Plymouth Industrial REIT'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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Plymouth Industrial REIT Retained Earnings Chart

Plymouth Industrial REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-148.40

-162.25

-177.26

-194.24

-182.61

Plymouth Industrial REIT 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															-197.54	-200.15	-191.88	-182.61	-176.39

Plymouth Industrial REIT 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.

Plymouth Industrial REIT (NYSE:PLYM) 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.

Plymouth Industrial REIT (Plymouth Industrial REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Plymouth Industrial REIT Inc (NYSE:PLYM) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Custom House Street, 11th Floor, Boston, MA, USA, 02110

Website

https://www.plymouthreit.com

Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.

Executives

Madison International Realty Vi, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, 3RD FLOOR NY 10022
Vi Reit Mirelf	10 percent owner	C/O MADISON INTERNATIONAL REALTY, LLC, 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mirelf Vi (u.s.), Lp	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Mirelf Vi Reit Investments Iv, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Holdings Vi, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners Gp, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners, Lp	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Ronald Dickerman	10 percent owner	410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Madison International Realty Holdings, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Anthony Saladino	officer: EVP/CFO	20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Guinee John W Iii	director	600 EAST 96TH ST STE 100, INDIANAPOLIS IN 46240
Jeffrey E Witherell	director, officer: CEO	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White	director, officer: President and CIO	C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Caitlin Murphy	director	20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone	director	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110