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DMG Mori Aktiengesellschaft (XTER:GIL) Retained Earnings : €718 Mil (As of Jun. 2023)


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What is DMG Mori Aktiengesellschaft Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DMG Mori Aktiengesellschaft's retained earnings for the quarter that ended in Jun. 2023 was €718 Mil.

DMG Mori Aktiengesellschaft's quarterly retained earnings declined from Jun. 2022 (€826 Mil) to Dec. 2022 (€737 Mil) and declined from Dec. 2022 (€737 Mil) to Jun. 2023 (€718 Mil).

DMG Mori Aktiengesellschaft's annual retained earnings increased from Dec. 2020 (€542 Mil) to Dec. 2021 (€729 Mil) and increased from Dec. 2021 (€729 Mil) to Dec. 2022 (€737 Mil).


DMG Mori Aktiengesellschaft Retained Earnings Historical Data

The historical data trend for DMG Mori Aktiengesellschaft'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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DMG Mori Aktiengesellschaft Retained Earnings Chart

DMG Mori Aktiengesellschaft Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 489.82 563.70 542.25 728.74 736.97

DMG Mori Aktiengesellschaft Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 590.20 728.74 826.30 736.97 717.80

DMG Mori Aktiengesellschaft 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.


DMG Mori Aktiengesellschaft  (XTER:GIL) 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.


DMG Mori Aktiengesellschaft (XTER:GIL) Business Description

Traded in Other Exchanges
Address
Gildemeisterstrasse 60, Bielefeld, DEU, D-33689
DMG Mori Aktiengesellschaft is a manufacturer of metal-cutting machine tools. The company operates three business segments: machine tools, industrial services, and corporate services. The machine tools segment includes turning and milling companies that produce lathes and milling machines, advanced technologies, and software solutions. Industrial solutions include the entire machine life cycle services. The largest end markets are Germany and the rest of Europe. The company is majority-owned by DMG Mori Company.