Admiral Group (LSE:ADM) Retained Earnings : £1,383 Mil (As of Dec. 2024)

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What is Admiral Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Admiral Group's retained earnings for the quarter that ended in Dec. 2024 was £1,383 Mil.

Admiral Group's quarterly retained earnings increased from Dec. 2023 (£1,019 Mil) to Jun. 2024 (£1,130 Mil) and increased from Jun. 2024 (£1,130 Mil) to Dec. 2024 (£1,383 Mil).

Admiral Group's annual retained earnings increased from Dec. 2022 (£923 Mil) to Dec. 2023 (£1,019 Mil) and increased from Dec. 2023 (£1,019 Mil) to Dec. 2024 (£1,383 Mil).

Admiral Group Retained Earnings Historical Data

The historical data trend for Admiral 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.

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Admiral Group Retained Earnings Chart

Admiral Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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1,004.40

1,243.50

922.60

1,018.90

1,383.40

Admiral Group 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															922.60	968.70	1,018.90	1,129.70	1,383.40

Admiral 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.

Admiral Group (LSE:ADM) 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.

Admiral Group Business Description

Industry

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AMIGY:USA AMIGF:USA ADMl:UK FLN:Germany

Address

David Street, Ty Admiral, Cardiff, GBR, CF10 2EH

Website

https://www.admiralgroup.co.uk

Admiral is a personal lines insurer that operates predominantly in the United Kingdom. The business is primarily a motor insurer with UK and European auto insurance accounting for the majority of gross premium. Admiral also has a nascent but growing UK home insurance offering. The company was established in 1993 to sell motor insurance to nonstandard risks. These nonstandard policyholders included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years the company has expanded its perimeter of nonstandard risks.