Virtu Financial (LTS:0A7X) Retained Earnings : $1,098 Mil (As of Sep. 2024)

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What is Virtu Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Virtu Financial's retained earnings for the quarter that ended in Sep. 2024 was $1,098 Mil.

Virtu Financial's quarterly retained earnings increased from Mar. 2024 ($1,018 Mil) to Jun. 2024 ($1,062 Mil) and increased from Jun. 2024 ($1,062 Mil) to Sep. 2024 ($1,098 Mil).

Virtu Financial's annual retained earnings increased from Dec. 2021 ($831 Mil) to Dec. 2022 ($972 Mil) and increased from Dec. 2022 ($972 Mil) to Dec. 2023 ($1,000 Mil).

Virtu Financial Retained Earnings Historical Data

The historical data trend for Virtu Financial'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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Virtu Financial Retained Earnings Chart

Virtu Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-90.37

422.38

830.54

972.32

1,000.40

Virtu Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															1,018.20	1,000.40	1,017.55	1,061.57	1,097.69

Virtu Financial 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.

Virtu Financial (LTS:0A7X) 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.

Virtu Financial Business Description

Industry

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VIRT:USA VIRT:Mexico 0VF:Germany

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.virtu.com

Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.

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