Aegean Airlines (Aegean Airlines) Retained Earnings : $199 Mil (As of Jun. 2023)

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What is Aegean Airlines Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aegean Airlines's retained earnings for the quarter that ended in Jun. 2023 was $199 Mil.

Aegean Airlines's quarterly retained earnings increased from Jun. 2022 ($-50 Mil) to Dec. 2022 ($155 Mil) and increased from Dec. 2022 ($155 Mil) to Jun. 2023 ($199 Mil).

Aegean Airlines's annual retained earnings increased from Dec. 2020 ($-32 Mil) to Dec. 2021 ($-23 Mil) and increased from Dec. 2021 ($-23 Mil) to Dec. 2022 ($155 Mil).

Aegean Airlines Retained Earnings Historical Data

The historical data trend for Aegean Airlines'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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Aegean Airlines Retained Earnings Chart

Aegean Airlines Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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187.51

223.50

-31.57

-22.96

155.42

Aegean Airlines Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Retained Earnings	Get a 7-Day Free Trial															-134.93	-22.96	-49.58	155.42	198.99

Aegean Airlines 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.

Aegean Airlines (OTCPK:AGZNF) 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.

Aegean Airlines (Aegean Airlines) Business Description

Industry

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AEGN:Greece 32A:Germany

Address

Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019

Website

https://www.aegeanair.com

Aegean Airlines SA is Greece's largest airline provider. It transports passengers and goods through scheduled (majority of total revenue) and chartered flights. The company has partnerships with other airlines to offer a worldwide reach. Flights are primarily short- or medium-haul, and the company has improved accessibility to Greece's islands. Additionally, it offers services related to air transportation, technical support, and ground handling amenities. The ancillary services related to flights comprise roughly 10% of total revenue. Aegean has one operating segment, air transportation, aligned with its single route network. Approximately half of total passenger traffic derives from routes within Greece.