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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Varex Imaging's retained earnings for the quarter that ended in Mar. 2024 was $119.0 Mil.
Varex Imaging's quarterly retained earnings declined from Sep. 2023 ($118.1 Mil) to Dec. 2023 ($117.5 Mil) but then increased from Dec. 2023 ($117.5 Mil) to Mar. 2024 ($119.0 Mil).
Varex Imaging's annual retained earnings increased from Sep. 2021 ($33.5 Mil) to Sep. 2022 ($63.8 Mil) and increased from Sep. 2022 ($63.8 Mil) to Sep. 2023 ($118.1 Mil).
The historical data trend for Varex Imaging'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.
Varex Imaging Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | 74.40 | 16.10 | 33.50 | 63.80 | 118.10 |
Varex Imaging 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 | 77.40 | 86.50 | 118.10 | 117.50 | 119.00 |
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.
Varex Imaging (NAS:VREX) 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.
Kimberley E. Honeysett | officer: Vice President and Secretary | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Jay K. Kunkel | director | 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033 |
Ruediger Naumann-etienne | director | |
Kathleen Bardwell | director | 9 BLACKBERRY DRIVE, HUDSON OH 44236 |
Sunny Sanyal | director, officer: President and CEO | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Kevin Bruce Yankton | officer: Controller & CAO | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Andrew Hartmann | officer: SVP Sales & Marketing, Medical | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Timothy E Guertin | director | C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304 |
Shubham Maheshwari | officer: Chief Financial Officer | C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803 |
Brian W Giambattista | officer: SVP and GM, X-ray Detectors | 1678 SOUTH PIONEER ROAD, SALT LAKE CITY UT 84104 |
Erich R Reinhardt | director | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Mark S. Jonaitis | officer: SVP and GM, X-Ray Sources | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Clarence R Verhoef | officer: SVP & Chief Financial Officer | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 95035 |
Rosebrough Walter M Jr | director | 5960 HEISLEY ROAD, MENTOR OH 44060 |
Carl E. Lacasce | officer: SVP, Sales & Marketing | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
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