Vector Group (Vector Group) Retained Earnings : $-753 Mil (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Vector Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vector Group's retained earnings for the quarter that ended in Mar. 2024 was $-753 Mil.

Vector Group's quarterly retained earnings increased from Sep. 2023 ($-782 Mil) to Dec. 2023 ($-756 Mil) and increased from Dec. 2023 ($-756 Mil) to Mar. 2024 ($-753 Mil).

Vector Group's annual retained earnings increased from Dec. 2021 ($-852 Mil) to Dec. 2022 ($-812 Mil) and increased from Dec. 2022 ($-812 Mil) to Dec. 2023 ($-756 Mil).

Vector Group Retained Earnings Historical Data

The historical data trend for Vector Group'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.

Vector Group Retained Earnings Chart

Vector Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-678.46

-653.95

-852.40

-812.38

-755.88

Vector Group 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															-809.40	-803.07	-782.13	-755.88	-753.03

Vector Group 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.

Vector Group (NYSE:VGR) 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.

Vector Group (Vector Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Vector Group Ltd (NYSE:VGR) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

VGR:Germany

Address

4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137

Website

https://www.vectorgroupltd.com

Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.

Executives

Bennett S Lebow	director	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Kirkland J Bryant Iii	officer: VP, Treasurer & CFO	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen	officer: EVP	4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Bernstein	director, officer: President Subsidiary	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Paul V Carlucci	director	4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Wilson White	director	C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
James D Ballard	officer: See Remarks	4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Nicholas P Anson	officer: President Subsidiary	C/0 LIGGETT VECTOR BRANDS LLC, 3800 PARAMOUNT PARKWAY, MORRISVILLE NC 27560
Frost Phillip Md Et Al	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Howard M Lorber	director, officer: President and CEO	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Barry Watkins	director	4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Jeffrey Podell	director	7338 FLORANADA WAY, DELRAY BEACH FL 33446
Henry C Beinstein	director	8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Stanley Samuel Arkin	director	750 LEXINGTON AVENUE, FLOOR 25, NEW YORK NY 10022
Jean E Sharpe	director