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Procter & Gamble Co (WBO:PG) Retained Earnings : €113,281 Mil (As of Mar. 2024)


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What is Procter & Gamble Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Procter & Gamble Co's retained earnings for the quarter that ended in Mar. 2024 was €113,281 Mil.

Procter & Gamble Co's quarterly retained earnings declined from Sep. 2023 (€112,855 Mil) to Dec. 2023 (€111,523 Mil) but then increased from Dec. 2023 (€111,523 Mil) to Mar. 2024 (€113,281 Mil).

Procter & Gamble Co's annual retained earnings increased from Jun. 2021 (€88,290 Mil) to Jun. 2022 (€106,358 Mil) and increased from Jun. 2022 (€106,358 Mil) to Jun. 2023 (€109,071 Mil).


Procter & Gamble Co Retained Earnings Historical Data

The historical data trend for Procter & Gamble Co'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.

Procter & Gamble Co Retained Earnings Chart

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84,002.43 89,012.23 88,290.42 106,357.83 109,070.91

Procter & Gamble Co 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 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 109,354.59 109,070.91 112,855.09 111,522.79 113,281.44

Procter & Gamble Co 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.


Procter & Gamble Co  (WBO:PG) 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.


Procter & Gamble Co (WBO:PG) Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.

Procter & Gamble Co (WBO:PG) Headlines

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