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EDP - Energias de Portugal (EDP - Energias de Portugal) Retained Earnings : $1,039 Mil (As of Dec. 2023)


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What is EDP - Energias de Portugal Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EDP - Energias de Portugal's retained earnings for the quarter that ended in Dec. 2023 was $1,039 Mil.

EDP - Energias de Portugal's quarterly retained earnings increased from Jun. 2023 ($473 Mil) to Sep. 2023 ($1,009 Mil) and increased from Sep. 2023 ($1,009 Mil) to Dec. 2023 ($1,039 Mil).

EDP - Energias de Portugal's annual retained earnings declined from Dec. 2021 ($742 Mil) to Dec. 2022 ($719 Mil) but then increased from Dec. 2022 ($719 Mil) to Dec. 2023 ($1,039 Mil).


EDP - Energias de Portugal Retained Earnings Historical Data

The historical data trend for EDP - Energias de Portugal'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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EDP - Energias de Portugal Retained Earnings Chart

EDP - Energias de Portugal 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 568.61 974.08 742.05 719.28 1,038.55

EDP - Energias de Portugal 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 719.28 324.05 473.20 1,009.16 1,038.55

EDP - Energias de Portugal 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.


EDP - Energias de Portugal  (OTCPK:EDPFY) 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.


EDP - Energias de Portugal (EDP - Energias de Portugal) Business Description

Traded in Other Exchanges
Address
Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300
EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the U.S. EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil that it aims to delist by end-2023.

EDP - Energias de Portugal (EDP - Energias de Portugal) Headlines

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