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Marks & Spencer Group (Marks & Spencer Group) Retained Earnings : $7,209 Mil (As of Sep. 2023)


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What is Marks & Spencer Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Marks & Spencer Group's retained earnings for the quarter that ended in Sep. 2023 was $7,209 Mil.

Marks & Spencer Group's quarterly retained earnings increased from Sep. 2022 ($6,674 Mil) to Mar. 2023 ($7,086 Mil) and increased from Mar. 2023 ($7,086 Mil) to Sep. 2023 ($7,209 Mil).

Marks & Spencer Group's annual retained earnings increased from Mar. 2021 ($7,386 Mil) to Mar. 2022 ($7,771 Mil) but then declined from Mar. 2022 ($7,771 Mil) to Mar. 2023 ($7,086 Mil).


Marks & Spencer Group Retained Earnings Historical Data

The historical data trend for Marks & Spencer Group'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.

Marks & Spencer Group Retained Earnings Chart

Marks & Spencer Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,937.81 8,165.59 7,385.85 7,770.62 7,086.29

Marks & Spencer Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial 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 7,563.74 7,770.62 6,674.18 7,086.29 7,209.04

Marks & Spencer Group 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.


Marks & Spencer Group  (OTCPK:MAKSY) 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.


Marks & Spencer Group (Marks & Spencer Group) Business Description

Traded in Other Exchanges
Address
35 North Wharf Road, Waterside House, London, GBR, W2 1NW
M&S is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The company sells into more than 60 countries from thousands of stores and several websites around the world and offers predominantly own-brand luxury food, clothing, and home products with the majority of sales coming from its U.K. operations. Marks & Spencer operates three business models—owned, franchise, and joint venture—in the U.K. and internationally. The online business globally is delivered through localized owned and franchised websites and partnerships. The food segment includes value products, convenient ready-made meals, and healthy items. The clothing and home division sells own-brand and high-quality womenswear, lingerie, menswear, kidswear, beauty, and home products.