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Hubbell (FRA:HUEC) Retained Earnings : €2,990 Mil (As of Mar. 2024)


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What is Hubbell Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hubbell's retained earnings for the quarter that ended in Mar. 2024 was €2,990 Mil.

Hubbell's quarterly retained earnings increased from Sep. 2023 (€2,883 Mil) to Dec. 2023 (€2,919 Mil) and increased from Dec. 2023 (€2,919 Mil) to Mar. 2024 (€2,990 Mil).

Hubbell's annual retained earnings increased from Dec. 2021 (€2,266 Mil) to Dec. 2022 (€2,554 Mil) and increased from Dec. 2022 (€2,554 Mil) to Dec. 2023 (€2,919 Mil).


Hubbell Retained Earnings Historical Data

The historical data trend for Hubbell'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.

Hubbell Retained Earnings Chart

Hubbell Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,051.46 1,967.62 2,265.60 2,553.99 2,918.54

Hubbell 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,620.99 2,722.39 2,883.43 2,918.54 2,990.18

Hubbell 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.


Hubbell  (FRA:HUEC) 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.


Hubbell (FRA:HUEC) Business Description

Traded in Other Exchanges
Address
40 Waterview Drive, Shelton, CT, USA, 06484
Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

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