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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Orion Energy Systems's retained earnings for the quarter that ended in Dec. 2023 was $-104.70 Mil.
Orion Energy Systems's quarterly retained earnings declined from Jun. 2023 ($-98.06 Mil) to Sep. 2023 ($-102.45 Mil) and declined from Sep. 2023 ($-102.45 Mil) to Dec. 2023 ($-104.70 Mil).
Orion Energy Systems's annual retained earnings increased from Mar. 2021 ($-63.17 Mil) to Mar. 2022 ($-57.08 Mil) but then declined from Mar. 2022 ($-57.08 Mil) to Mar. 2023 ($-91.42 Mil).
The historical data trend for Orion Energy Systems'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.
Orion Energy Systems Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -101.77 | -89.31 | -63.17 | -57.08 | -91.42 |
Orion Energy Systems 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 | -86.31 | -91.42 | -98.06 | -102.45 | -104.70 |
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.
Orion Energy Systems (NAS:OESX) 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.
J Per Brodin | officer: EVP, CFO, CAO & Treasurer | |
Scott A. Green | officer: President-Orion Services Group | 2210 WOODLAND DRIVE, MANITOWOC WI 54220 |
Ellen B Richstone | director | C/O SONUS NETWORKS, INC., 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886 |
Michael H Jenkins | director, officer: Chief Executive Officer | 2210 WOODLAND DRIVE, MANITOWOC WI 54220 |
Anthony L. Otten | director | 2210 WOODLAND DRIVE, MANITOWOC WI 54220 |
Richard A Shapiro | director | C/O WEXFORD CAPITAL, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830 |
Sally A. Washlow | director | 6500 W. CORTLAND STREET, CHICAGO IL 60607 |
Heather L Wishart-smith | director | 2210 WOODLAND DRIVE, MANITOWOC WI 54220 |
Charles R. Mcdulin | director | 2210 WOODLAND DRIVE, MANITOWOC WI 54220 |
Michael W Altschaefl | director | ALBANY-CHICAGO COMPANY LLC, 8200 100TH STREET, PLEASANT PRAIRIE WI 53158 |
Michael J Potts | director, officer: Executive Vice President | ORION ENERGY SYSTEMS, INC., 1204 PILGRIM ROAD, PLYMOUTH WI 53073 |
Alan B Howe | director | 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081 |
Kenneth M Young | director | C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367 |
William T Hull | officer: Chief Financial Officer | 9395 HUNT CLUB TRAIL, WARREN OH 44484 |
Mark C Williamson | director | 123 EAST MAIN STREET, SUITE 202, MADISON WI 53703 |
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