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Athens International Airport (ATH:AIA) Retained Earnings : €293.70 Mil (As of Sep. 2023)


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What is Athens International Airport Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Athens International Airport's retained earnings for the quarter that ended in Sep. 2023 was €293.70 Mil.

Athens International Airport's quarterly retained earnings increased from Sep. 2022 (€0.00 Mil) to Dec. 2022 (€555.02 Mil) but then declined from Dec. 2022 (€555.02 Mil) to Sep. 2023 (€293.70 Mil).

Athens International Airport's annual retained earnings increased from Dec. 2020 (€441.83 Mil) to Dec. 2021 (€594.15 Mil) but then declined from Dec. 2021 (€594.15 Mil) to Dec. 2022 (€555.02 Mil).


Athens International Airport Retained Earnings Historical Data

The historical data trend for Athens International Airport'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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Athens International Airport Retained Earnings Chart

Athens International Airport Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Retained Earnings
479.53 441.83 594.15 555.02

Athens International Airport Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Sep23
Retained Earnings Get a 7-Day Free Trial 441.83 594.15 - 555.02 293.70

Athens International Airport 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.


Athens International Airport  (ATH:AIA) 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.


Athens International Airport (ATH:AIA) Business Description

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Athens International Airport SA is a company active in the financing, construction and operation of civil airports and related activities. As a civil airport operator, the Company manages the AIA at Spata, Greece.