Neste OYJ (OHEL:NESTE) Retained Earnings : €7,789 Mil (As of Mar. 2024)

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What is Neste OYJ Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Neste OYJ's retained earnings for the quarter that ended in Mar. 2024 was €7,789 Mil.

Neste OYJ's quarterly retained earnings increased from Sep. 2023 (€8,173 Mil) to Dec. 2023 (€8,548 Mil) but then declined from Dec. 2023 (€8,548 Mil) to Mar. 2024 (€7,789 Mil).

Neste OYJ's annual retained earnings increased from Dec. 2021 (€7,040 Mil) to Dec. 2022 (€8,309 Mil) and increased from Dec. 2022 (€8,309 Mil) to Dec. 2023 (€8,548 Mil).

Neste OYJ Retained Earnings Historical Data

The historical data trend for Neste OYJ'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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Neste OYJ Retained Earnings Chart

Neste OYJ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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5,957.00

5,886.00

7,040.00

8,309.00

8,548.00

Neste OYJ Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															7,565.00	7,824.00	8,173.00	8,548.00	7,789.00

Neste OYJ 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.

Neste OYJ (OHEL:NESTE) 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.

Neste OYJ (OHEL:NESTE) Business Description

Industry

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NTOIY:USA NTOIF:USA NESTE:Mexico 1NESTE:Italy NESTEh:UK 0O46:UK NEF:Germany

Address

Keilaranta 21, P.O. Box 95, Neste, Espoo, FIN, 00095

Website

https://www.neste.com

Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.

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