Continental AG (CHIX:COND) Retained Earnings : €11,055 Mil (As of Sep. 2024)

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What is Continental AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Continental AG's retained earnings for the quarter that ended in Sep. 2024 was €11,055 Mil.

Continental AG's quarterly retained earnings declined from Mar. 2024 (€10,714 Mil) to Jun. 2024 (€10,579 Mil) but then increased from Jun. 2024 (€10,579 Mil) to Sep. 2024 (€11,055 Mil).

Continental AG's annual retained earnings declined from Dec. 2021 (€10,284 Mil) to Dec. 2022 (€9,911 Mil) but then increased from Dec. 2022 (€9,911 Mil) to Dec. 2023 (€10,767 Mil).

Continental AG Retained Earnings Historical Data

The historical data trend for Continental AG'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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Continental AG Retained Earnings Chart

Continental AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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13,522.10

11,960.20

10,283.90

9,910.50

10,766.90

Continental AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															10,499.90	10,766.90	10,714.00	10,579.00	11,055.00

Continental AG 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.

Continental AG (CHIX:CONd) 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.

Continental AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Continental AG (CHIX:CONd) » Definitions » Retained Earnings

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CTTAY:USA CTTAF:USA CTT:Romania 1CON:Italy 0LQ1:UK CON:Germany CON:Bulgaria

Address

Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, DEU, 30175

Website

https://www.continental.com

Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 49% of the total, tire was 34%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. The top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 34% of total revenue. Europe, at 49% of total revenue, is the company's largest market, followed by North America at 27%, Asia (mostly China) at 21%, and 4% in other regions.

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