Orlen (STU:PKY1) Retained Earnings : €24,285 Mil (As of Mar. 2024)

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What is Orlen Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Orlen's retained earnings for the quarter that ended in Mar. 2024 was €24,285 Mil.

Orlen's quarterly retained earnings increased from Sep. 2023 (€21,635 Mil) to Dec. 2023 (€23,638 Mil) and increased from Dec. 2023 (€23,638 Mil) to Mar. 2024 (€24,285 Mil).

Orlen's annual retained earnings increased from Dec. 2021 (€11,277 Mil) to Dec. 2022 (€20,303 Mil) and increased from Dec. 2022 (€20,303 Mil) to Dec. 2023 (€23,638 Mil).

Orlen Retained Earnings Historical Data

The historical data trend for Orlen'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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Orlen Retained Earnings Chart

Orlen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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8,303.58

8,980.49

11,276.61

20,303.14

23,638.36

Orlen 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															20,997.05	20,822.57	21,635.48	23,638.36	24,285.28

Orlen 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.

Orlen (STU:PKY1) 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.

Orlen (STU:PKY1) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Orlen SA (STU:PKY1) » Definitions » Retained Earnings

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PSKOF:USA PKN:Poland 0FMN:UK PKY1:Germany PKN:Czech Republic

Address

Chemikow 7 Street, Plock, POL, 09-411

Website

https://www.orlen.pl

Orlen SA is an energy conglomerate that refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania. Through a group of refineries, it processes crude oil into gasoline, diesel oil, fuel oil, and aviation fuel. The company also produces petrochemicals and products used by chemical companies as feedstock. Additional operations include exploration and production activities in Poland, where it is domiciled, and Canada. Oil products are offered through thousands of service stations, which is supported by logistics infrastructure. This infrastructure includes surface and underground storage depots and a long-distance pipeline network.

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