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Paramount Global (Paramount Global) Retained Earnings : $13,829 Mil (As of Dec. 2023)


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What is Paramount Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Paramount Global's retained earnings for the quarter that ended in Dec. 2023 was $13,829 Mil.

Paramount Global's quarterly retained earnings increased from Jun. 2023 ($13,116 Mil) to Sep. 2023 ($13,363 Mil) and increased from Sep. 2023 ($13,363 Mil) to Dec. 2023 ($13,829 Mil).

Paramount Global's annual retained earnings increased from Dec. 2021 ($14,343 Mil) to Dec. 2022 ($14,737 Mil) but then declined from Dec. 2022 ($14,737 Mil) to Dec. 2023 ($13,829 Mil).


Paramount Global Retained Earnings Historical Data

The historical data trend for Paramount Global'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.

Paramount Global Retained Earnings Chart

Paramount Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,494.00 10,375.00 14,343.00 14,737.00 13,829.00

Paramount Global 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 14,737.00 13,463.00 13,116.00 13,363.00 13,829.00

Paramount Global 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.


Paramount Global  (NAS:PARA) 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.


Paramount Global (Paramount Global) Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.
Executives
Dawn Ostroff director 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 91405
Sumner M. Redstone National Amusements Part B General Trust director, 10 percent owner 846 UNIVERSITY AVENUE, NORWORD MA 02062
National Amusements Inc /md/ director, 10 percent owner 846 UNIVERSITY AVENUE, NORWOOD MA 02062
Naveen K. Chopra officer: EVP, Chief Financial Officer C/O 2160 GOLD STREET, SAN JOSE CA 95002
Linda M Griego director SOUTHWEST WATER CO, 624 SO. GRAND, STE 2900, LOS ANGELES CA 90017
Phillips Jr Charles E director 113 WEST 88TH STREET, NEW YORK NY 10024
Shari Redstone director, officer: Vice Chair C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Frederick Terrell director 17 STATE STREET, NEW YORK NY 10004
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Christina Spade officer: EVP, Chief Financial Officer 11 PENN PLAZA, NEW YORK NY 10001
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Christa A Dalimonte officer: EVP, General Counsel & Secy C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Ronald L Nelson director
Judith Mchale director C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Robert M Bakish director, officer: President and CEO AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803