SMNEY (Siemens Energy AG) Retained Earnings : $-5,575 Mil (As of Jun. 2024)

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What is Siemens Energy AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Siemens Energy AG's retained earnings for the quarter that ended in Jun. 2024 was $-5,575 Mil.

Siemens Energy AG's quarterly retained earnings increased from Dec. 2023 ($-5,599 Mil) to Mar. 2024 ($-5,486 Mil) but then declined from Mar. 2024 ($-5,486 Mil) to Jun. 2024 ($-5,575 Mil).

Siemens Energy AG's annual retained earnings declined from Sep. 2021 ($3,065 Mil) to Sep. 2022 ($2,360 Mil) and declined from Sep. 2022 ($2,360 Mil) to Sep. 2023 ($-7,026 Mil).

Siemens Energy AG Retained Earnings Historical Data

The historical data trend for Siemens Energy AG'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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Siemens Energy AG Retained Earnings Chart

Siemens Energy AG Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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12,634.36

3,422.85

3,064.71

2,360.40

-7,025.61

Siemens Energy AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															-6,201.52	-7,025.61	-5,598.69	-5,485.87	-5,574.81

Siemens Energy AG 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.

Siemens Energy AG (OTCPK:SMNEY) 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.

Siemens Energy AG Business Description

Industry

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Address

Otto-Hahn-Ring 6, Munich, BY, DEU, 81739

Website

https://www.siemens-energy.com

Siemens Energy AG manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens AG in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one sixth of global electricity generation is based on its technology.