adidas AG (adidas AG) Retained Earnings : $4,520 Mil (As of Dec. 2023)

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What is adidas AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. adidas AG's retained earnings for the quarter that ended in Dec. 2023 was $4,520 Mil.

adidas AG's quarterly retained earnings increased from Jun. 2023 ($4,618 Mil) to Sep. 2023 ($4,828 Mil) but then declined from Sep. 2023 ($4,828 Mil) to Dec. 2023 ($4,520 Mil).

adidas AG's annual retained earnings declined from Dec. 2021 ($7,751 Mil) to Dec. 2022 ($4,605 Mil) and declined from Dec. 2022 ($4,605 Mil) to Dec. 2023 ($4,520 Mil).

adidas AG Retained Earnings Historical Data

The historical data trend for adidas 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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adidas AG Retained Earnings Chart

adidas AG Annual Data

Trend

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Dec23

Retained Earnings

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7,283.33

8,191.00

7,751.41

4,604.87

4,520.17

adidas 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															4,604.87	4,612.42	4,617.55	4,828.18	4,520.17

adidas 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.

adidas AG (OTCPK:ADDDF) 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.

adidas AG (adidas AG) Business Description

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Address

Adi-Dassler-Strasse 1, Herzogenaurach, BY, DEU, 91074

Website

https://www.adidas-group.com

Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through nearly 2,000 owned retail stores, 15,000 mono-branded franchise stores, 150,000 wholesale doors, and owned e-commerce that is available in 65 countries. The company was founded in 1949 in Germany.