TEF (Telefonica) Retained Earnings : $23,674 Mil (As of Dec. 2024)

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What is Telefonica Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Telefonica's retained earnings for the quarter that ended in Dec. 2024 was $23,674 Mil.

Telefonica's quarterly retained earnings declined from Jun. 2024 ($25,734 Mil) to Sep. 2024 ($0 Mil) but then increased from Sep. 2024 ($0 Mil) to Dec. 2024 ($23,674 Mil).

Telefonica's annual retained earnings declined from Dec. 2022 ($29,341 Mil) to Dec. 2023 ($27,148 Mil) and declined from Dec. 2023 ($27,148 Mil) to Dec. 2024 ($23,674 Mil).

Telefonica Retained Earnings Historical Data

The historical data trend for Telefonica'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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Telefonica Retained Earnings Chart

Telefonica Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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29,341.10

27,148.31

23,674.35

Telefonica Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															27,148.31	-	25,734.12	-	23,674.35

Telefonica 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.

Telefonica (NYSE:TEF) 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.

Telefonica Business Description

Industry

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TEFOF:USA TEF:Peru TEF N:Mexico 1TEF:Italy 0A2Y:UK TEFe:UK 0TDE:UK TEF:Spain TNE5:Germany TNE5:Germany TNE2:Germany TNE5:Germany TNE5:Germany TNE2:Germany TLNC34:Brazil TEF:Austria

Address

Ronda de la Comunicacion, s/n, Central Building Auditorium, Telefonica District, Madrid, ESP, 28050

Website

https://www.telefonica.com

Telefonica operates mobile and fixed networks in Spain (where it is the incumbent telephone operator), the UK, Germany, Brazil, and other Latin American countries like Colombia, Mexico, Argentina, and Chile. The company derives more than 30% of its revenue from Spain, close to 20% from Germany, and 20% from Brazil. Its UK operations are held through a joint venture with Virgin Media. For several years Telefonica has been simplifying its corporate structure by selling noncore assets.