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Alphabet(Google) (GOOG) Retained Earnings

: $211,247 Mil (As of Dec. 2023)
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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alphabet(Google)'s retained earnings for the quarter that ended in Dec. 2023 was $211,247 Mil.

Alphabet(Google)'s quarterly retained earnings increased from Jun. 2023 ($200,884 Mil) to Sep. 2023 ($205,647 Mil) and increased from Sep. 2023 ($205,647 Mil) to Dec. 2023 ($211,247 Mil).

Alphabet(Google)'s annual retained earnings increased from Dec. 2021 ($191,484 Mil) to Dec. 2022 ($195,563 Mil) and increased from Dec. 2022 ($195,563 Mil) to Dec. 2023 ($211,247 Mil).


Alphabet(Google) Retained Earnings Historical Data

The historical data trend for Alphabet(Google)'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.

* Premium members only.

Alphabet(Google) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152,122.00 163,401.00 191,484.00 195,563.00 211,247.00

Alphabet(Google) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 195,563.00 196,625.00 200,884.00 205,647.00 211,247.00

Alphabet(Google) Retained Earnings Calculation

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.


Alphabet(Google)  (NAS:GOOG) 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.


Alphabet(Google) (GOOG) Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.
Executives
Sundar Pichai director, officer: Chief Executive Officer GOOGLE INC., 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
John L Hennessy director
Frances Arnold director 5200 ILLUMINA WAY, SAN DIEGO CA 92122
Kavitark Ram Shriram director 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Ann Mather director
Lawrence Page director, 10 percent owner, officer: Chief Executive Officer 1600 AMPHITHEATRE PARKWAY, BUILDING 41, MOUNTAIN VIEW CA 94043
Sergey Brin director, 10 percent owner 555 BRYANT STREET, #367, PALO ALTO CA 94031
Ruth Porat officer: SVP, CFO C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
L John Doerr director C/O KLEINER PERKINS CAUFIELD & BYERS, 2750 SAND HILL ROAD, MENLO PARK CA 94025
Ferguson Roger W. Jr. director CORNING INCORPORATED, ONE RIVERFRONT PLAZA, CORNING NY 14831
Alan R Mulally director P.O. BOX 995, MERCER ISLAND WA 98040
Robin L Washington director 333 LAKESIDE DRIVE, FOSTER CITY CA 94404
David C Drummond officer: SVP, Corporate Development 1600 AMIPHITHEATRE PARKWAY, BUILDING 41, MOUNTAIN VIEW CA 94043
Eric E Schmidt director 1010 ALMA STREET, MENLO PARK CA 94025
Diane B Greene director C/O ALPHABET INC.,, 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043