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Hera SpA (STU:HE9) Retained Earnings : €283 Mil (As of Sep. 2024)


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What is Hera SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hera SpA's retained earnings for the quarter that ended in Sep. 2024 was €283 Mil.

Hera SpA's quarterly retained earnings increased from Mar. 2024 (€143 Mil) to Jun. 2024 (€218 Mil) and increased from Jun. 2024 (€218 Mil) to Sep. 2024 (€283 Mil).

Hera SpA's annual retained earnings declined from Dec. 2021 (€334 Mil) to Dec. 2022 (€255 Mil) but then increased from Dec. 2022 (€255 Mil) to Dec. 2023 (€441 Mil).


Hera SpA Retained Earnings Historical Data

The historical data trend for Hera SpA'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.

Hera SpA Retained Earnings Chart

Hera SpA 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 385.70 302.70 333.50 255.20 441.40

Hera SpA 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 301.70 441.40 143.10 218.40 282.90

Hera SpA 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.


Hera SpA  (STU:HE9) 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.


Hera SpA Business Description

Address
Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127
Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates the waste management (waste management and treatment), water (aqueduct, sewerage and purification) and energy (distribution and sale of electricity, gas and energy services) sectors; it also offers services for public lighting and telecommunications. Hera operates in Italy, European Union and outside European Union, out of which majority revenue is derived from Italy.

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