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DSM Firmenich AG (XAMS:DSFIR) Retained Earnings : €10,566 Mil (As of Jun. 2024)


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What is DSM Firmenich AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DSM Firmenich AG's retained earnings for the quarter that ended in Jun. 2024 was €10,566 Mil.

DSM Firmenich AG's quarterly retained earnings declined from Jun. 2023 (€11,117 Mil) to Dec. 2023 (€10,744 Mil) and declined from Dec. 2023 (€10,744 Mil) to Jun. 2024 (€10,566 Mil).

DSM Firmenich AG's annual retained earnings increased from Dec. 2021 (€0 Mil) to Dec. 2022 (€9,777 Mil) and increased from Dec. 2022 (€9,777 Mil) to Dec. 2023 (€10,744 Mil).


DSM Firmenich AG Retained Earnings Historical Data

The historical data trend for DSM Firmenich AG'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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DSM Firmenich AG Retained Earnings Chart

DSM Firmenich AG Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
- 9,777.00 10,744.00

DSM Firmenich AG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial - 9,777.00 11,117.00 10,744.00 10,566.00

DSM Firmenich AG 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.


DSM Firmenich AG  (XAMS:DSFIR) 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.


DSM Firmenich AG Business Description

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Wurmisweg 576, Kaiseraugst, CHE, 4303
DSM-Firmenich is a global science-based company formed in 2023 through the merger of DSM, a Dutch nutrition, health, and sustainable living player, and Switzerland-based Firmenich, the third-largest player in the flavor and fragrance market. The company serves a wide range of end-consumer markets providing nutrition solutions ranging from animal feed to medical and early-life nutrition, fragrances for personal-, home-, and laundry-care brands, prestige perfumes, and other ingredients for food and beverage, home, and personal care. DSM-Firmenich has nearly 30,000 employees, with more than 2,000 scientists and engineers spread across 15 research and development facilities.

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