Morningstar (FRA:MRS) Retained Earnings : €1,525 Mil (As of Mar. 2024)

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What is Morningstar Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Morningstar's retained earnings for the quarter that ended in Mar. 2024 was €1,525 Mil.

Morningstar's quarterly retained earnings increased from Sep. 2023 (€1,457 Mil) to Dec. 2023 (€1,477 Mil) and increased from Dec. 2023 (€1,477 Mil) to Mar. 2024 (€1,525 Mil).

Morningstar's annual retained earnings increased from Dec. 2021 (€1,351 Mil) to Dec. 2022 (€1,449 Mil) and increased from Dec. 2022 (€1,449 Mil) to Dec. 2023 (€1,477 Mil).

Morningstar Retained Earnings Historical Data

The historical data trend for Morningstar'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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Morningstar Retained Earnings Chart

Morningstar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,096.11

1,142.09

1,350.95

1,449.04

1,477.10

Morningstar 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															1,411.65	1,413.58	1,456.66	1,477.10	1,525.08

Morningstar 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.

Morningstar (FRA:MRS) 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.

Morningstar (FRA:MRS) Business Description

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22 West Washington Street, Chicago, IL, USA, 60602

Website

https://www.morningstar.com

Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, and currency exchanges and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's largest share of revenue is generated in the United States of America.

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