PDRDF (Pernod Ricard) Retained Earnings : $1,589 Mil (As of Jun. 2024)

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What is Pernod Ricard Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pernod Ricard's retained earnings for the quarter that ended in Jun. 2024 was $1,589 Mil.

Pernod Ricard's quarterly retained earnings increased from Jun. 2023 ($2,451 Mil) to Dec. 2023 ($13,901 Mil) but then declined from Dec. 2023 ($13,901 Mil) to Jun. 2024 ($1,589 Mil).

Pernod Ricard's annual retained earnings declined from Jun. 2022 ($13,205 Mil) to Jun. 2023 ($2,451 Mil) and declined from Jun. 2023 ($2,451 Mil) to Jun. 2024 ($1,589 Mil).

Pernod Ricard Retained Earnings Historical Data

The historical data trend for Pernod Ricard'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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Pernod Ricard Retained Earnings Chart

Pernod Ricard Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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11,831.08

13,700.00

13,205.07

2,450.70

1,588.81

Pernod Ricard Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial															13,205.07	13,730.93	2,450.70	13,900.76	1,588.81

Pernod Ricard 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.

Pernod Ricard (OTCPK:PDRDF) 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.

Pernod Ricard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Pernod Ricard SA (OTCPK:PDRDF) » Definitions » Retained Earnings

Traded in Other Exchanges

PRNDY:USA RIp:UK 0HAT:UK RI:France PER:Germany RI:Austria

Address

5, Cours Paul Ricard, Paris, FRA, 75008

Website

https://www.pernod-ricard.com

Pernod Ricard was formed in 1975 through the merger of Pernod, founded in 1805 and Ricard, created in 1932. Through acquisitions, the firm has grown to become the world's second-largest distiller by volume, behind Diageo. Pernod Ricard possesses the most comprehensive spirits portfolio globally, distributing over 240 brands across 160 countries. Flagship spirits brands include Absolut vodka, Beefeater gin, Chivas Regal and The Glenlivet scotch whisky, Jameson Irish whiskey, Malibu rum, and Martell cognac. The firm has also shed noncore assets over the years, including several wine brands in 2024.