Albemarle (WBO:ALBE) Retained Earnings : €6,407 Mil (As of Dec. 2023)

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What is Albemarle Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Albemarle's retained earnings for the quarter that ended in Dec. 2023 was €6,407 Mil.

Albemarle's quarterly retained earnings increased from Jun. 2023 (€6,827 Mil) to Sep. 2023 (€7,170 Mil) but then declined from Sep. 2023 (€7,170 Mil) to Dec. 2023 (€6,407 Mil).

Albemarle's annual retained earnings increased from Dec. 2021 (€2,740 Mil) to Dec. 2022 (€5,288 Mil) and increased from Dec. 2022 (€5,288 Mil) to Dec. 2023 (€6,407 Mil).

Albemarle Retained Earnings Historical Data

The historical data trend for Albemarle'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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Albemarle Retained Earnings Chart

Albemarle Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,649.13

2,593.62

2,740.44

5,287.61

6,407.09

Albemarle 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															5,287.61	6,344.60	6,826.55	7,169.59	6,407.09

Albemarle 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.

Albemarle (WBO:ALBE) 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.

Albemarle (WBO:ALBE) Business Description

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Address

4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209

Website

https://www.albemarle.com

Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

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