Lanxess AG (XTER:LXS) Retained Earnings : €443 Mil (As of Dec. 2023)

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What is Lanxess AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lanxess AG's retained earnings for the quarter that ended in Dec. 2023 was €443 Mil.

Lanxess AG's quarterly retained earnings declined from Jun. 2023 (€1,327 Mil) to Sep. 2023 (€1,196 Mil) and declined from Sep. 2023 (€1,196 Mil) to Dec. 2023 (€443 Mil).

Lanxess AG's annual retained earnings declined from Dec. 2021 (€267 Mil) to Dec. 2022 (€250 Mil) but then increased from Dec. 2022 (€250 Mil) to Dec. 2023 (€443 Mil).

Lanxess AG Retained Earnings Historical Data

The historical data trend for Lanxess 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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Lanxess AG Retained Earnings Chart

Lanxess AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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205.00

885.00

267.00

250.00

443.00

Lanxess AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															250.00	-44.00	1,327.00	1,196.00	443.00

Lanxess 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.

Lanxess AG (XTER:LXS) 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.

Lanxess AG (XTER:LXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (XTER:LXS) » Definitions » Retained Earnings

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LNXSY:USA LNXSF:USA 1LXS:Italy LXSd:UK 0H7I:UK LX9B:Germany LXS:Germany LXS:Germany LXS:Germany LXS:Austria

Address

Kennedyplatz 1, Cologne, DEU, 50569

Website

https://www.lanxess.com

Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

Executives

Frederique Van Baarle	Board of Directors
Oliver Stratmann	Board of Directors
Matthias Zachert	Board of Directors
Dr. Anno Borkowsky	Board of Directors
Dr. Hubert Fink	Board of Directors
Michael Pontzen	Board of Directors

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