GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SNC-Lavalin Group Inc (FRA:LAV) » Definitions » Retained Earnings

SNC-Lavalin Group (FRA:LAV) Retained Earnings : €1,161 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is SNC-Lavalin Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SNC-Lavalin Group's retained earnings for the quarter that ended in Mar. 2024 was €1,161 Mil.

SNC-Lavalin Group's quarterly retained earnings increased from Sep. 2023 (€1,077 Mil) to Dec. 2023 (€1,129 Mil) and increased from Dec. 2023 (€1,129 Mil) to Mar. 2024 (€1,161 Mil).

SNC-Lavalin Group's annual retained earnings declined from Dec. 2021 (€1,038 Mil) to Dec. 2022 (€976 Mil) but then increased from Dec. 2022 (€976 Mil) to Dec. 2023 (€1,129 Mil).


SNC-Lavalin Group Retained Earnings Historical Data

The historical data trend for SNC-Lavalin 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.

* Premium members only.

SNC-Lavalin Group Retained Earnings Chart

SNC-Lavalin Group 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 1,063.31 306.98 1,038.19 976.03 1,129.22

SNC-Lavalin 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 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 993.80 999.08 1,076.58 1,129.22 1,161.26

SNC-Lavalin 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.


SNC-Lavalin Group  (FRA:LAV) 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.


SNC-Lavalin Group (FRA:LAV) Business Description

Traded in Other Exchanges
Address
455 Rene-Levesque Boulevard West, Montreal, QC, CAN, H2Z 1Z3
Based in Montreal, AtkinsRealis is a fully integrated professional services and project management firm that offers a wide range of services, including financing, consulting, engineering and construction, procurement, and operations and maintenance. The firm serves clients in the infrastructure, nuclear, and engineering design and project management industries. Additionally, the company owns infrastructure projects through its capital segment. AtkinsRealis generated approximately CAD 7.5 billion in sales in 2022.

SNC-Lavalin Group (FRA:LAV) Headlines

No Headlines