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Porsche Automobil Holding SE (Porsche Automobil Holding SE) Retained Earnings : $55,402 Mil (As of Dec. 2023)


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What is Porsche Automobil Holding SE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Porsche Automobil Holding SE's retained earnings for the quarter that ended in Dec. 2023 was $55,402 Mil.

Porsche Automobil Holding SE's quarterly retained earnings increased from Jun. 2023 ($52,005 Mil) to Sep. 2023 ($52,830 Mil) and increased from Sep. 2023 ($52,830 Mil) to Dec. 2023 ($55,402 Mil).

Porsche Automobil Holding SE's annual retained earnings increased from Dec. 2021 ($45,445 Mil) to Dec. 2022 ($49,233 Mil) and increased from Dec. 2022 ($49,233 Mil) to Dec. 2023 ($55,402 Mil).


Porsche Automobil Holding SE Retained Earnings Historical Data

The historical data trend for Porsche Automobil Holding SE'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.

Porsche Automobil Holding SE Retained Earnings Chart

Porsche Automobil Holding SE 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 38,324.44 44,197.08 45,445.20 49,233.05 55,402.40

Porsche Automobil Holding SE 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 49,233.05 51,106.00 52,005.42 52,830.31 55,402.40

Porsche Automobil Holding SE 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.


Porsche Automobil Holding SE  (OTCPK:POAHF) 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.


Porsche Automobil Holding SE (Porsche Automobil Holding SE) Business Description

Address
Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche Automobil Holding SE is an automotive holdings company. The company's core investment is a controlling stake in Volkswagen AG. Through this stake, Porsche SE has an interest in passenger and luxury car manufacturers which include Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, and Porsche; motorcycles under the Ducati brand name; and commercial vehicles under Volkswagen Commercial Vehicles, Scania, and MAN. In addition to the automobile manufacturers, this core investment provides Porsche Automobil exposure to the Volkswagen Financial Services financing business. Porsche SE also has a minority stake in technology company INRIX, a company that provides connected-car services and real-time traffic information.

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