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Fortress Investment Group LLC (Fortress Investment Group LLC) Retained Earnings : $-1,234 Mil (As of Sep. 2017)


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What is Fortress Investment Group LLC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fortress Investment Group LLC's retained earnings for the quarter that ended in Sep. 2017 was $-1,234 Mil.

Fortress Investment Group LLC's quarterly retained earnings increased from Mar. 2017 ($-1,338 Mil) to Jun. 2017 ($-1,323 Mil) and increased from Jun. 2017 ($-1,323 Mil) to Sep. 2017 ($-1,234 Mil).

Fortress Investment Group LLC's annual retained earnings declined from Dec. 2014 ($-1,350 Mil) to Dec. 2015 ($-1,415 Mil) but then increased from Dec. 2015 ($-1,415 Mil) to Dec. 2016 ($-1,334 Mil).


Fortress Investment Group LLC Retained Earnings Historical Data

The historical data trend for Fortress Investment Group LLC'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.

Fortress Investment Group LLC Retained Earnings Chart

Fortress Investment Group LLC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,486.58 -1,286.13 -1,350.12 -1,415.11 -1,333.83

Fortress Investment Group LLC Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -1,420.08 -1,333.83 -1,337.68 -1,323.17 -1,234.35

Fortress Investment Group LLC 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.


Fortress Investment Group LLC  (NYSE:FIG) 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.


Fortress Investment Group LLC (Fortress Investment Group LLC) Business Description

Traded in Other Exchanges
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Address
Fortress Investment Group LLC is a diversified global investment management company. It operates as an alternative asset manager, which raises, invests and manages private equity funds and hedge funds. The firm's private equity funds are focused on control-oriented investments, real estate properties, and debt securities. Fortress' hedge fund offerings are composed of liquid hedge funds, which invest in more liquid capital markets, as well as credit-driven private equity and hedge funds, which focus on distressed and undervalued assets. Most of the revenue for the firm is derived from management fees, incentive income based on the performance of the funds and investment income from investments in funds.
Executives
Wesley R Edens director, 10 percent owner, officer: Principal 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Randal A Nardone director, 10 percent owner, officer: Principal and CEO 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Briger Peter L Jr director, 10 percent owner, officer: Principal 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Douglas L Jacobs director FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Daniel Bass officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Richard N Haass director
Robert I Kauffman director, 10 percent owner, officer: President-Europe and Director C/O FIG LLC 1345 AVENUE OF THE AMERICAS, NEW YORK, NY X1 10105
Daniel H Mudd director, officer: Chief Executive Officer 3900 WISCONSIN AVENUE, NW, WASHINGTON DC 20016
Jonathan Brown officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Howard Rubin director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Takumi Shibata director NOMURA ASSET MANAGEMENT USA, INC., TWO WORLD FINANCIAL CENTER, BUILDING B, NEW YORK NY 10281

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