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MTU Aero Engines AG (XTER:MTX) Retained Earnings : €2,407 Mil (As of Dec. 2023)


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What is MTU Aero Engines AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MTU Aero Engines AG's retained earnings for the quarter that ended in Dec. 2023 was €2,407 Mil.

MTU Aero Engines AG's quarterly retained earnings increased from Dec. 2022 (€2,680 Mil) to Jun. 2023 (€2,763 Mil) but then declined from Jun. 2023 (€2,763 Mil) to Dec. 2023 (€2,407 Mil).

MTU Aero Engines AG's annual retained earnings increased from Dec. 2021 (€2,461 Mil) to Dec. 2022 (€2,680 Mil) but then declined from Dec. 2022 (€2,680 Mil) to Dec. 2023 (€2,407 Mil).


MTU Aero Engines AG Retained Earnings Historical Data

The historical data trend for MTU Aero Engines 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.

* Premium members only.

MTU Aero Engines AG Retained Earnings Chart

MTU Aero Engines AG 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 2,160.00 2,298.00 2,461.00 2,680.00 2,407.00

MTU Aero Engines AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2,461.00 2,468.00 2,680.00 2,763.00 2,407.00

MTU Aero Engines 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.


MTU Aero Engines AG  (XTER:MTX) 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.


MTU Aero Engines AG (XTER:MTX) Business Description

Address
Dachauer Strasse 665, Munich, BY, DEU, 80995
MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.
Executives
Dr. Silke Maurer Board of Directors
Peter Kameritsch Board of Directors
Michael Schreyoegg Board of Directors
Thomas Dautl Supervisory Board
Dr. Rainer Martens Supervisory Board