BGC Group (FRA:ESD) Retained Earnings : €-989 Mil (As of Mar. 2024)

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What is BGC Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BGC Group's retained earnings for the quarter that ended in Mar. 2024 was €-989 Mil.

BGC Group's quarterly retained earnings increased from Sep. 2023 (€-1,063 Mil) to Dec. 2023 (€-1,026 Mil) and increased from Dec. 2023 (€-1,026 Mil) to Mar. 2024 (€-989 Mil).

BGC Group's annual retained earnings declined from Dec. 2021 (€-1,037 Mil) to Dec. 2022 (€-1,074 Mil) but then increased from Dec. 2022 (€-1,074 Mil) to Dec. 2023 (€-1,026 Mil).

BGC Group Retained Earnings Historical Data

The historical data trend for BGC Group'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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BGC Group Retained Earnings Chart

BGC Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-1,127.78

-1,052.84

-1,037.15

-1,074.33

-1,026.29

BGC Group 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															-1,048.72	-1,058.08	-1,062.75	-1,026.29	-988.83

BGC Group 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.

BGC Group (FRA:ESD) 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.

BGC Group (FRA:ESD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BGC Group Inc (FRA:ESD) » Definitions » Retained Earnings

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BGC:USA

Address

499 Park Avenue, New York, NY, USA, 10022

Website

https://www.bgcg.com

BGC Group Inc is a brokerage and financial technology company that serves the global financial markets. Its service and product offerings include brokerage for a wide range of financial products including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, brokerage houses, hedge funds, and investment banks. BGC operates in one reportable segment, which is providing brokerage services to the financial markets. The company earns the majority of its revenue in the United Kingdom followed by the United States.

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