HCXLY (Hiscox) Retained Earnings : $3,452 Mil (As of Dec. 2024)

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What is Hiscox Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hiscox's retained earnings for the quarter that ended in Dec. 2024 was $3,452 Mil.

Hiscox's quarterly retained earnings increased from Dec. 2023 ($2,923 Mil) to Jun. 2024 ($3,102 Mil) and increased from Jun. 2024 ($3,102 Mil) to Dec. 2024 ($3,452 Mil).

Hiscox's annual retained earnings increased from Dec. 2022 ($2,298 Mil) to Dec. 2023 ($2,923 Mil) and increased from Dec. 2023 ($2,923 Mil) to Dec. 2024 ($3,452 Mil).

Hiscox Retained Earnings Historical Data

The historical data trend for Hiscox'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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Hiscox Retained Earnings Chart

Hiscox Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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1,884.40

2,108.80

2,297.80

2,923.20

3,452.20

Hiscox Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															2,297.80	2,482.50	2,923.20	3,101.80	3,452.20

Hiscox 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.

Hiscox (OTCPK:HCXLY) 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.

Hiscox Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hiscox Ltd (OTCPK:HCXLY) » Definitions » Retained Earnings

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Traded in Other Exchanges

HCXLF:USA HSXl:UK HSX:UK H2X3:Germany

Address

96 Pitts Bay Road, Chesney House, Pembroke, BMU, HM 08

Website

https://www.hiscoxgroup.com

Hiscox Ltd is a property and casualty insurance company. The company aims to balance catastrophe-exposed businesses with less volatile local specialty businesses. Its product offerings include property, casualty, crisis management (covering terrorism and kidnap and ransom), marine, energy, and specialty areas like space insurance. The company's operating segments consist of Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Center. The majority of the revenue is generated from its Hiscox Retail segment, which represents retail business divisions in the UK, Europe, the USA, and Asia. Geographically, the company earns insurance revenue from places like the United States, which generates key revenue, as well as the United Kingdom, Europe, and other regions.