Allianz SE (XTER:ALV) Retained Earnings : €-6,475 Mil (As of Dec. 2023)

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What is Allianz SE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Allianz SE's retained earnings for the quarter that ended in Dec. 2023 was €-6,475 Mil.

Allianz SE's quarterly retained earnings increased from Jun. 2023 (€27,928 Mil) to Sep. 2023 (€29,580 Mil) but then declined from Sep. 2023 (€29,580 Mil) to Dec. 2023 (€-6,475 Mil).

Allianz SE's annual retained earnings declined from Dec. 2021 (€32,784 Mil) to Dec. 2022 (€-30,803 Mil) but then increased from Dec. 2022 (€-30,803 Mil) to Dec. 2023 (€-6,475 Mil).

Allianz SE Retained Earnings Historical Data

The historical data trend for Allianz 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.

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Allianz SE Retained Earnings Chart

Allianz SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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29,577.00

31,371.00

32,784.00

-30,803.00

-6,475.00

Allianz 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															-30,803.00	-	27,928.00	29,580.00	-6,475.00

Allianz 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.

Allianz SE (XTER:ALV) 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.

Allianz SE (XTER:ALV) Business Description

Industry

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Address

Koniginstrasse 28, Munich, BY, DEU, 80802

Website

https://www.allianz.com

Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.

Executives

Dr. Klaus-peter Röhler

Board of Directors