GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Inc (STU:2KD) » Definitions » Retained Earnings

Kinder Morgan (STU:2KD) Retained Earnings : €-9,603 Mil (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Kinder Morgan Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kinder Morgan's retained earnings for the quarter that ended in Sep. 2024 was €-9,603 Mil.

Kinder Morgan's quarterly retained earnings declined from Mar. 2024 (€-9,728 Mil) to Jun. 2024 (€-9,885 Mil) but then increased from Jun. 2024 (€-9,885 Mil) to Sep. 2024 (€-9,603 Mil).

Kinder Morgan's annual retained earnings declined from Dec. 2021 (€-9,377 Mil) to Dec. 2022 (€-9,960 Mil) but then increased from Dec. 2022 (€-9,960 Mil) to Dec. 2023 (€-9,802 Mil).


Kinder Morgan Retained Earnings Historical Data

The historical data trend for Kinder Morgan'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.

* Premium members only.

Kinder Morgan Retained Earnings Chart

Kinder Morgan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,923.70 -8,167.39 -9,376.58 -9,960.14 -9,801.81

Kinder Morgan 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9,980.92 -9,801.81 -9,728.08 -9,884.56 -9,602.86

Kinder Morgan 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.


Kinder Morgan  (STU:2KD) 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.


Kinder Morgan Business Description

Address
1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 82,000 miles in pipelines and 139 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.

Kinder Morgan Headlines

No Headlines