Kloeckner SE (STU:KCO) Retained Earnings : €698 Mil (As of Mar. 2024)

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What is Kloeckner SE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kloeckner SE's retained earnings for the quarter that ended in Mar. 2024 was €698 Mil.

Kloeckner SE's quarterly retained earnings declined from Sep. 2023 (€960 Mil) to Dec. 2023 (€778 Mil) and declined from Dec. 2023 (€778 Mil) to Mar. 2024 (€698 Mil).

Kloeckner SE's annual retained earnings increased from Dec. 2021 (€855 Mil) to Dec. 2022 (€1,008 Mil) but then declined from Dec. 2022 (€1,008 Mil) to Dec. 2023 (€778 Mil).

Kloeckner SE Retained Earnings Historical Data

The historical data trend for Kloeckner SE'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.

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Kloeckner SE Retained Earnings Chart

Kloeckner SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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345.57

235.92

854.89

1,008.38

777.89

Kloeckner SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															1,000.00	973.00	959.78	777.89	698.22

Kloeckner SE 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.

Kloeckner SE (STU:KCO) 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.

Kloeckner SE (STU:KCO) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kloeckner & Co SE (STU:KCO) » Definitions » Retained Earnings

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0KVR:UK KCO:Germany KCO:Austria

Address

Am Silberpalais 1, Duisburg, DEU, 47057

Website

https://www.kloeckner.com

Kloeckner & Co SE is a German-based steel and metal distributor, as well as an operator of steel service centers. It acts as a connecting link between steel producers and consumers. It provides customers with an optimized, end-to-end solution from procurement through logistics to prefabrication, including individual delivery and 24-hour service. It caters to industries like construction, consumer goods, metal transforming, transportation, machinery manufacturing, mechanical engineering, and others. The company has three operating segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU.

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