BAE Systems (BAE Systems) Retained Earnings : $3,572 Mil (As of Dec. 2023)

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What is BAE Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BAE Systems's retained earnings for the quarter that ended in Dec. 2023 was $3,572 Mil.

BAE Systems's quarterly retained earnings increased from Dec. 2022 ($3,569 Mil) to Jun. 2023 ($3,654 Mil) but then declined from Jun. 2023 ($3,654 Mil) to Dec. 2023 ($3,572 Mil).

BAE Systems's annual retained earnings increased from Dec. 2021 ($282 Mil) to Dec. 2022 ($3,569 Mil) and increased from Dec. 2022 ($3,569 Mil) to Dec. 2023 ($3,572 Mil).

BAE Systems Retained Earnings Historical Data

The historical data trend for BAE Systems'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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BAE Systems Retained Earnings Chart

BAE Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-2,732.63

-3,516.13

281.92

3,568.82

3,572.15

BAE Systems 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															281.92	3,892.86	3,568.82	3,654.04	3,572.15

BAE Systems 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.

BAE Systems (OTCPK:BAESY) 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.

BAE Systems (BAE Systems) Business Description

Industry

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BAESF:USA BAl:UK BA.:UK BSP:Germany

Address

6 Carlton Gardens, Stirling Square, London, GBR, SW1Y 5AD

Website

https://www.baesystems.com

BAE Systems is a British global defense, security, and aerospace company and the largest defense contractor in Europe; it is one of six prime contractors to the U.S. Department of Defense. For reporting purposes, the company has five operating segments: electronics systems is the group's U.S.- and U.K.-based electronic warfare systems; the cyber, security, and intelligence segment supplies intelligence and security solutions to the U.S. government; platforms and services manufactures combat vehicles and munitions and performs ship repair services to the U.S. Defense Department; the air segment includes BAE's share of U.S. and European air programs as well as its businesses in Saudi Arabia and Australia; and the maritime segment comprises U.K. land- and marine-based activities.