GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crown Castle Inc (WBO:CCIN) » Definitions » Retained Earnings

Crown Castle (WBO:CCIN) Retained Earnings : €-11,280 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Crown Castle Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Crown Castle's retained earnings for the quarter that ended in Mar. 2024 was €-11,280 Mil.

Crown Castle's quarterly retained earnings declined from Sep. 2023 (€-10,842 Mil) to Dec. 2023 (€-10,902 Mil) and declined from Dec. 2023 (€-10,902 Mil) to Mar. 2024 (€-11,280 Mil).

Crown Castle's annual retained earnings declined from Dec. 2021 (€-8,631 Mil) to Dec. 2022 (€-10,069 Mil) and declined from Dec. 2022 (€-10,069 Mil) to Dec. 2023 (€-10,902 Mil).


Crown Castle Retained Earnings Historical Data

The historical data trend for Crown Castle'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.

Crown Castle Retained Earnings Chart

Crown Castle 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 -6,628.50 -6,963.98 -8,631.41 -10,068.70 -10,902.21

Crown Castle 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 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 -10,207.69 -10,296.07 -10,842.03 -10,902.21 -11,280.12

Crown Castle 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.


Crown Castle  (WBO:CCIN) 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.


Crown Castle (WBO:CCIN) Business Description

Traded in Other Exchanges
Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.

Crown Castle (WBO:CCIN) Headlines

No Headlines