What is Starwood Hotels & Resorts Worldwide Retained Earnings?
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Starwood Hotels & Resorts Worldwide's retained earnings for the quarter that ended in Jun. 2016 was $505 Mil.
Starwood Hotels & Resorts Worldwide's quarterly retained earnings
increased
from Dec. 2015 ($1,847 Mil) to Mar. 2016 ($1,872 Mil) but then
declined
from Mar. 2016 ($1,872 Mil) to Jun. 2016 ($505 Mil).
Starwood Hotels & Resorts Worldwide's annual retained earnings
declined
from Dec. 2013 ($3,032 Mil) to Dec. 2014 ($1,984 Mil) and
declined
from Dec. 2014 ($1,984 Mil) to Dec. 2015 ($1,847 Mil).
Starwood Hotels & Resorts Worldwide 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.
Starwood Hotels & Resorts Worldwide (NYSE:HOT) 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.
Starwood Hotels & Resorts Worldwide (Starwood Hotels & Resorts Worldwide) Business Description
Traded in Other Exchanges
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Address
Starwood Hotels & Resorts Worldwide Inc was incorporated in 1980 under the laws of Maryland. It operates as a hotel and leisure company. The Company conducts its hotel and leisure business both directly and through its subsidiaries. It has 1,222 properties providing approximately 354,200 rooms in approximately 100 countries and 180,400 employees under its management at its owned and managed properties, vacation ownership resorts and corporate offices. The Company manage and operate its hotel business in three separate hotel segments: the Americas, Europe, Africa and the Middle East ("EAME"), and Asia Pacific. Its vacation ownership and residential business is a separate segment. It franchises its Luxury Collection, Westin, Le Méridien, Sheraton, Four Points by Sheraton, Aloft and Element brands and generally derive licensing and other fees from franchisees based on a fixed percentage of the franchised hotel's room revenue, as well as fees for other services, including centralized reservations, loyalty program, national and international advertising and sales and marketing. The Company's brands name includes St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element. Some of its competitors are private management firms, several are national and international chains that own and operate their own hotels, as well as manage hotels for third-party owners and sell VOIs, under a variety of brands that compete directly with its brands. It is subject to taxation at the federal, state or provincial and local levels in the U.S. and various other countries and jurisdictions.
Executives
| Charlene Barshefsky |
director |
|
| Lizanne Galbreath |
director |
LASALLE PARTNERS INC, 200 RANDOLPH DR, CHICAGO IL 60601 |
| Kenneth S Siegel |
officer: CAO & General Counsel |
40 STARWOOD HOTELS & RESORTS, 111 WESTCHESTER AVE, WHITE PLAINS NY 10604 |
| Thomas B Mangas |
director, officer: Chief Executive Officer |
C/O ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603 |
| Sergio Rivera |
officer: President, The Americas |
C/O STARWOOD HOTELS & RESORTS WORLDWIDE,, ONE STARPOINT, STAMFORD CT 06902 |
| Stephen R Quazzo |
director |
C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601 |
| Daley Clayton C Jr |
director |
C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202 |
| Thomas E Clarke |
director |
C/O NEWELL RUBBERMAID INC, THREE GLENLAKE PKWY., ATLANTA 2Q 30328 |
| Thomas O Ryder |
director |
C/O READERS DIGEST ASSOCITATION INC, READERS DIGEST RD., PLEASANTVILLE NY 10570 |
| Aylwin B Lewis |
director |
111 N. CANAL, SUITE 850, CHICAGO IL 60606 |
| Eric Hippeau |
director |
STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601 |
| Bruce W Duncan |
director |
ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606 |
| Adam M Aron |
director, officer: CEO on an interim basis |
AMC ENTERTAINMENT HOLDINGS, INC, 11500 ASH STREET, LEAWOOD KS 66211 |
| Van Paasschen Frits D |
director, officer: President and CEO |
C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604 |
| Vasant M Prabhu |
officer: Vice Chairman & CFO |
C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588 |
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