Schnitzer Retained Earnings from 2010 to 2024

RDUS Stock  USD 19.82  0.11  0.56%   
Schnitzer Steel Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Schnitzer Steel Industries retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
1993-08-31
Previous Quarter
627.9 M
Current Value
606.4 M
Quarterly Volatility
632.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Schnitzer Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schnitzer Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.4 M, Interest Expense of 22.4 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0214 or Days Sales Outstanding of 46.12. Schnitzer financial statements analysis is a perfect complement when working with Schnitzer Steel Valuation or Volatility modules.
  
Check out the analysis of Schnitzer Steel Correlation against competitors.

Latest Schnitzer Steel's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Schnitzer Steel Industries over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Schnitzer Steel's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Schnitzer Steel's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 606.42 M10 Years Trend
Pretty Stable
   Retained Earnings   
       Timeline  

Schnitzer Retained Earnings Regression Statistics

Arithmetic Mean131,360,057
Geometric Mean587,789,693
Coefficient Of Variation610.15
Mean Deviation701,987,520
Median606,417,000
Standard Deviation801,491,521
Sample Variance642388.7T
Range2.3B
R-Value0.27
Mean Square Error643127.4T
R-Squared0.07
Significance0.34
Slope47,538,893
Total Sum of Squares8993441.2T

Schnitzer Retained Earnings History

2024636.7 M
2023606.4 M
2022894.3 M
2021941.1 M
2020793.7 M
2019649.9 M
2018-1.2 B

Other Fundumenentals of Schnitzer Steel Indu

Schnitzer Steel Retained Earnings component correlations

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0.930.460.840.790.560.760.850.420.420.70.190.470.53-0.59-0.480.460.2-0.010.010.53-0.050.380.510.330.21
0.670.460.450.690.40.80.640.460.630.40.330.00.66-0.56-0.090.650.44-0.160.110.25-0.48-0.040.640.610.53
0.870.840.450.830.770.790.70.540.50.880.430.270.59-0.43-0.820.5-0.010.3-0.270.630.120.250.50.320.4
0.940.790.690.830.830.960.910.840.730.710.420.040.87-0.76-0.520.750.48-0.080.090.46-0.350.510.850.70.66
0.730.560.40.770.830.790.70.780.670.730.690.020.88-0.52-0.650.520.220.11-0.030.19-0.180.490.640.560.62
0.940.760.80.790.960.790.90.760.760.710.510.10.89-0.72-0.490.740.48-0.070.050.41-0.40.380.790.690.67
0.940.850.640.70.910.70.90.720.640.530.370.130.8-0.81-0.30.610.55-0.230.220.32-0.380.580.740.660.58
0.630.420.460.540.840.780.760.720.750.450.39-0.280.85-0.8-0.350.730.6-0.120.180.29-0.420.690.880.820.74
0.620.420.630.50.730.670.760.640.750.450.7-0.10.81-0.67-0.310.570.380.17-0.170.39-0.370.490.770.840.56
0.730.70.40.880.710.730.710.530.450.450.40.390.55-0.32-0.80.58-0.030.3-0.260.510.040.150.430.260.2
0.390.190.330.430.420.690.510.370.390.70.40.030.64-0.23-0.460.07-0.140.47-0.450.110.040.130.240.390.5
0.290.470.00.270.040.020.10.13-0.28-0.10.390.03-0.01-0.07-0.18-0.09-0.330.21-0.280.230.36-0.16-0.09-0.22-0.47
0.760.530.660.590.870.880.890.80.850.810.550.64-0.01-0.74-0.340.650.54-0.170.180.12-0.50.50.80.750.74
-0.7-0.59-0.56-0.43-0.76-0.52-0.72-0.81-0.8-0.67-0.32-0.23-0.07-0.740.0-0.63-0.630.27-0.27-0.290.39-0.59-0.81-0.76-0.51
-0.52-0.48-0.09-0.82-0.52-0.65-0.49-0.3-0.35-0.31-0.8-0.46-0.18-0.340.0-0.30.32-0.580.54-0.6-0.35-0.11-0.21-0.09-0.24
0.620.460.650.50.750.520.740.610.730.570.580.07-0.090.65-0.63-0.30.57-0.240.220.42-0.450.330.770.710.44
0.360.20.44-0.010.480.220.480.550.60.38-0.03-0.14-0.330.54-0.630.320.57-0.780.72-0.14-0.90.590.680.590.52
-0.05-0.01-0.160.3-0.080.11-0.07-0.23-0.120.170.30.470.21-0.170.27-0.58-0.24-0.78-0.950.50.74-0.24-0.21-0.1-0.21
0.030.010.11-0.270.09-0.030.050.220.18-0.17-0.26-0.45-0.280.18-0.270.540.220.72-0.95-0.58-0.710.280.210.10.18
0.490.530.250.630.460.190.410.320.290.390.510.110.230.12-0.29-0.60.42-0.140.5-0.580.340.10.330.280.05
-0.23-0.05-0.480.12-0.35-0.18-0.4-0.38-0.42-0.370.040.040.36-0.50.39-0.35-0.45-0.90.74-0.710.34-0.38-0.54-0.46-0.47
0.40.38-0.040.250.510.490.380.580.690.490.150.13-0.160.5-0.59-0.110.330.59-0.240.280.1-0.380.630.570.33
0.680.510.640.50.850.640.790.740.880.770.430.24-0.090.8-0.81-0.210.770.68-0.210.210.33-0.540.630.880.55
0.530.330.610.320.70.560.690.660.820.840.260.39-0.220.75-0.76-0.090.710.59-0.10.10.28-0.460.570.880.49
0.50.210.530.40.660.620.670.580.740.560.20.5-0.470.74-0.51-0.240.440.52-0.210.180.05-0.470.330.550.49
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About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although Schnitzer Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Schnitzer Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Schnitzer Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Retained Earnings606.4 M636.7 M
Retained Earnings Total Equity847 M587.6 M

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Additional Tools for Schnitzer Stock Analysis

When running Schnitzer Steel's price analysis, check to measure Schnitzer Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schnitzer Steel is operating at the current time. Most of Schnitzer Steel's value examination focuses on studying past and present price action to predict the probability of Schnitzer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schnitzer Steel's price. Additionally, you may evaluate how the addition of Schnitzer Steel to your portfolios can decrease your overall portfolio volatility.