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voestalpine AG (voestalpine AG) Retained Earnings : $7,081 Mil (As of Dec. 2023)


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What is voestalpine AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. voestalpine AG's retained earnings for the quarter that ended in Dec. 2023 was $7,081 Mil.

voestalpine AG's quarterly retained earnings declined from Jun. 2023 ($7,193 Mil) to Sep. 2023 ($6,990 Mil) but then increased from Sep. 2023 ($6,990 Mil) to Dec. 2023 ($7,081 Mil).

voestalpine AG's annual retained earnings increased from Mar. 2021 ($5,542 Mil) to Mar. 2022 ($6,556 Mil) and increased from Mar. 2022 ($6,556 Mil) to Mar. 2023 ($7,364 Mil).


voestalpine AG Retained Earnings Historical Data

The historical data trend for voestalpine AG'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.

voestalpine AG Retained Earnings Chart

voestalpine AG 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 5,791.41 5,150.17 5,542.38 6,556.39 7,363.70

voestalpine AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6,787.92 7,363.70 7,192.63 6,990.29 7,080.59

voestalpine AG 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.


voestalpine AG  (OTCPK:VLPNF) 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.


voestalpine AG (voestalpine AG) Business Description

Address
Voestalpine-Strasse 1, Linz, AUT, 4020
voestalpine AG is an Austria-based holding company engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors. The company generates its revenue from the European Union.

voestalpine AG (voestalpine AG) Headlines

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