CVR Energy (STU:FL9) Retained Earnings : €-578 Mil (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is CVR Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CVR Energy's retained earnings for the quarter that ended in Mar. 2024 was €-578 Mil.

CVR Energy's quarterly retained earnings declined from Sep. 2023 (€-515 Mil) to Dec. 2023 (€-605 Mil) but then increased from Dec. 2023 (€-605 Mil) to Mar. 2024 (€-578 Mil).

CVR Energy's annual retained earnings declined from Dec. 2021 (€-846 Mil) to Dec. 2022 (€-921 Mil) but then increased from Dec. 2022 (€-921 Mil) to Dec. 2023 (€-605 Mil).

CVR Energy Retained Earnings Historical Data

The historical data trend for CVR Energy'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.

CVR Energy Retained Earnings Chart

CVR Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-101.70

-402.78

-846.06

-921.34

-605.22

CVR Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-777.09	-694.10	-515.35	-605.22	-577.76

CVR Energy 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.

CVR Energy (STU:FL9) 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.

CVR Energy (STU:FL9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CVR Energy Inc (STU:FL9) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

CVI:USA

Address

2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479

Website

https://www.cvrenergy.com

CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

CVR Energy (STU:FL9) Headlines

No Headlines