Market Cap : 16.94 B | Enterprise Value : 21.56 B | PE Ratio : 6.76 | PB Ratio : 1.95 |
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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Westlake's retained earnings for the quarter that ended in Mar. 2022 was $8,525 Mil.
Westlake's quarterly retained earnings increased from Sep. 2021 ($7,202 Mil) to Dec. 2021 ($7,808 Mil) and increased from Dec. 2021 ($7,808 Mil) to Mar. 2022 ($8,525 Mil).
Westlake's annual retained earnings increased from Dec. 2019 ($5,757 Mil) to Dec. 2020 ($5,938 Mil) and increased from Dec. 2020 ($5,938 Mil) to Dec. 2021 ($7,808 Mil).
The historical data trend for Westlake'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.
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.
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.
Sheets Jeffrey Wayne | director | 600 N. DAIRY ASHFORD HOUSTON TX 77079 |
Chao John Tsung-chen | director, 10 percent owner | 26 GRAMERCY PARK SOUTH, 7EF NEW YORK NY 10003 |
Chao David Tsung-hung | director, 10 percent owner | 1000 UPTOWN PARK BLVD. #34 HOUSTON TX 77056 |
Haas Marius | director | ONE DELL WAY ROUND ROCK TX 78682 |
Graff Michael J | director | 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056 |
Northcutt R Bruce | director | 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056 |
Jenkins Dorothy C | director, 10 percent owner | 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056 |
Lubel Kimberly S | director | P.O. BOX 696000 SAN ANTONIO TX 78269-6000 |
Mccollum Mark A | director | 3000 NORTH SAM HOUSTON PARKWAY E. HOUSTON TX 77002 |
Kearns Roger L. | officer: EVP, Vinyls Chemicals | 2801 POST OAK BLVD. HOUSTON TX 77056 |
Zoeller Johnathan Stevan | officer: VP and CAO | 2801 POST OAK BLVD. SUITE 600 HOUSTON TX 77056 |
Ttwfgp Llc | 10 percent owner | 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056 |
Chao Albert | director, 10 percent owner, officer: President & CEO | 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056 |
Kenner Andrew | officer: SVP - Chemical Manufacturing | 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056 |
Bender Mark Steven | officer: EVP and CFO | 2801 POST OAK BLVD, SUITE 600 HOUSTON TX 77056 |
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