KAR Auction Services (KAR)
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23.13
-0.25 -1.07%
NYSE
Jun 19, 5:00PM
BATS Real time
Currency in USD
KAR Auction Services Retained Earnings Quarterly YoY Growth
KAR Auction Services Historical Retained Earnings Quarterly YoY Growth Data
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About Retained Earnings Growth
Retained Earnings Growth is the percent increase/decrease of a company's retained net income over time. A company can use retained earnings to maintain current operations, or to invest in new ventures. Generally speaking, retained earnings growth is accompanied by subsequent increases in sales and profitability.
If a company's retained earnings at the end of 2008 were $12 million, and by the end of 2009 the company's retained earnings increased to $15 million, the company experienced a retained earnings growth of 25%.
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KAR Retained Earnings Quarterly YoY Growth Benchmarks
| Companies | |
|---|---|
| Penske Automotive Group | 31.94% |
| AutoNation | 12.00% |
| Copart | 43.24% |
