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Quilter (CHIX:QLTL) Retained Earnings : £931 Mil (As of Jun. 2024)


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What is Quilter Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Quilter's retained earnings for the quarter that ended in Jun. 2024 was £931 Mil.

Quilter's quarterly retained earnings increased from Jun. 2023 (£954 Mil) to Dec. 2023 (£958 Mil) but then declined from Dec. 2023 (£958 Mil) to Jun. 2024 (£931 Mil).

Quilter's annual retained earnings declined from Dec. 2021 (£1,482 Mil) to Dec. 2022 (£989 Mil) and declined from Dec. 2022 (£989 Mil) to Dec. 2023 (£958 Mil).


Quilter Retained Earnings Historical Data

The historical data trend for Quilter'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.

Quilter Retained Earnings Chart

Quilter Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 1,685.00 1,495.00 1,482.00 989.00 958.00

Quilter Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 973.00 989.00 954.00 958.00 931.00

Quilter 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.


Quilter  (CHIX:QLTl) 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.


Quilter Business Description

Traded in Other Exchanges
Address
85 Queen Victoria Street, Senator House, London, GBR, EC4V 4AB
Quilter PLC is a United Kingdom-based Asset Management Company engaged in the wealth management business, providing financial advice, investment solutions, and wealth management to customers in the UK and selected international markets. The group operating segments are High Net Worth, Affluent, and Head Office. The High Net Worth segment comprises Quilter Cheviot and Quilter Cheviot Financial Planning. The Affluent segment comprises Quilter Investment Platform, Quilter Investors, and Quilter Financial Planning. The Head Office segment comprises the investment return on centrally held assets, central support function expenses, central core structural borrowings, and certain tax balances. The company derives maximum revenue from the Affluent segment.

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