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The Kraft Heinz Co (FRA:KHNZ) Retained Earnings : €1,254 Mil (As of Dec. 2023)


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What is The Kraft Heinz Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Kraft Heinz Co's retained earnings for the quarter that ended in Dec. 2023 was €1,254 Mil.

The Kraft Heinz Co's quarterly retained earnings declined from Jun. 2023 (€1,233 Mil) to Sep. 2023 (€1,034 Mil) but then increased from Sep. 2023 (€1,034 Mil) to Dec. 2023 (€1,254 Mil).

The Kraft Heinz Co's annual retained earnings increased from Dec. 2021 (€-1,489 Mil) to Dec. 2022 (€462 Mil) and increased from Dec. 2022 (€462 Mil) to Dec. 2023 (€1,254 Mil).


The Kraft Heinz Co Retained Earnings Historical Data

The historical data trend for The Kraft Heinz Co'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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The Kraft Heinz Co Retained Earnings Chart

The Kraft Heinz Co 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 -2,754.00 -2,214.47 -1,488.57 461.62 1,253.54

The Kraft Heinz Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 461.62 776.15 1,233.13 1,034.45 1,253.54

The Kraft Heinz Co 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.


The Kraft Heinz Co  (FRA:KHNZ) 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.


The Kraft Heinz Co (FRA:KHNZ) Business Description

Address
One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co (FRA:KHNZ) Headlines

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