Steelcase Retained Earnings from 2010 to 2024

SCS Stock  USD 13.01  0.07  0.54%   
Steelcase Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings will likely drop to about 733.6 M in 2024. Retained Earnings is the cumulative amount of net income that Steelcase retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
1998-02-28
Previous Quarter
911.4 M
Current Value
962.8 M
Quarterly Volatility
197 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Steelcase 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. Steelcase's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steelcase's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 912.8 M10 Years Trend
Very volatile
   Retained Earnings   
       Timeline  

Steelcase Retained Earnings Regression Statistics

Arithmetic Mean849,718,476
Geometric Mean833,773,908
Coefficient Of Variation21.29
Mean Deviation127,529,422
Median819,000,000
Standard Deviation180,863,744
Sample Variance32711.7T
Range709.4M
R-Value0.06
Mean Square Error35116.4T
R-Squared0
Significance0.84
Slope2,276,214
Total Sum of Squares457963.7T

Steelcase Retained Earnings History

2024733.6 M
2023912.8 M
2022879.3 M
2021901.3 M
2019988 M
2018880.7 M
2017819 M

Other Fundumenentals of Steelcase

Steelcase Retained Earnings component correlations

0.450.60.56-0.030.150.670.720.780.85-0.570.950.560.150.520.30.9-0.01-0.150.340.380.740.76
0.45-0.240.98-0.760.64-0.280.260.480.16-0.840.360.870.860.810.040.250.27-0.110.010.210.240.3
0.6-0.24-0.140.48-0.030.840.420.540.820.010.680.15-0.340.190.330.72-0.010.020.670.030.580.25
0.560.98-0.14-0.680.64-0.20.270.490.23-0.880.440.860.830.80.080.310.13-0.180.080.140.240.35
-0.03-0.760.48-0.68-0.330.570.1-0.020.260.440.1-0.69-0.63-0.52-0.010.2-0.430.120.02-0.050.1-0.12
0.150.64-0.030.64-0.33-0.35-0.120.380.14-0.610.180.610.820.72-0.340.090.20.230.22-0.33-0.06-0.31
0.67-0.280.84-0.20.57-0.350.730.590.830.050.76-0.04-0.52-0.030.390.84-0.080.080.340.450.790.56
0.720.260.420.270.1-0.120.730.740.68-0.290.790.32-0.040.280.320.840.040.20.040.770.930.77
0.780.480.540.49-0.020.380.590.740.87-0.570.880.580.220.580.240.890.360.190.410.470.850.45
0.850.160.820.230.260.140.830.680.87-0.330.920.38-0.10.40.310.950.210.090.510.380.790.47
-0.57-0.840.01-0.880.44-0.610.05-0.29-0.57-0.33-0.47-0.74-0.71-0.79-0.16-0.37-0.050.11-0.18-0.14-0.3-0.29
0.950.360.680.440.10.180.760.790.880.92-0.470.480.090.450.20.980.110.070.340.430.860.7
0.560.870.150.86-0.690.61-0.040.320.580.38-0.740.480.730.940.190.40.37-0.050.350.170.380.28
0.150.86-0.340.83-0.630.82-0.52-0.040.22-0.1-0.710.090.730.77-0.32-0.030.140.01-0.13-0.12-0.08-0.03
0.520.810.190.8-0.520.72-0.030.280.580.4-0.790.450.940.770.110.370.270.020.330.10.320.14
0.30.040.330.08-0.01-0.340.390.320.240.31-0.160.20.19-0.320.110.26-0.09-0.440.50.340.370.2
0.90.250.720.310.20.090.840.840.890.95-0.370.980.4-0.030.370.260.150.140.310.540.910.67
-0.010.27-0.010.13-0.430.2-0.080.040.360.21-0.050.110.370.140.27-0.090.150.390.090.330.25-0.09
-0.15-0.110.02-0.180.120.230.080.20.190.090.110.07-0.050.010.02-0.440.140.39-0.210.240.22-0.12
0.340.010.670.080.020.220.340.040.410.51-0.180.340.35-0.130.330.50.310.09-0.21-0.320.21-0.12
0.380.210.030.14-0.05-0.330.450.770.470.38-0.140.430.17-0.120.10.340.540.330.24-0.320.720.6
0.740.240.580.240.1-0.060.790.930.850.79-0.30.860.38-0.080.320.370.910.250.220.210.720.7
0.760.30.250.35-0.12-0.310.560.770.450.47-0.290.70.28-0.030.140.20.67-0.09-0.12-0.120.60.7
Click cells to compare fundamentals

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase'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 Earnings912.8 M733.6 M
Retained Earnings Total EquityB894.4 M

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Additional Tools for Steelcase Stock Analysis

When running Steelcase's price analysis, check to measure Steelcase'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 Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.