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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Retained Earnings : $2,484 Mil (As of Dec. 2023)


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What is Jeronimo Martins SGPS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jeronimo Martins SGPS's retained earnings for the quarter that ended in Dec. 2023 was $2,484 Mil.

Jeronimo Martins SGPS's quarterly retained earnings increased from Jun. 2023 ($2,037 Mil) to Sep. 2023 ($2,221 Mil) and increased from Sep. 2023 ($2,221 Mil) to Dec. 2023 ($2,484 Mil).

Jeronimo Martins SGPS's annual retained earnings declined from Dec. 2021 ($2,003 Mil) to Dec. 2022 ($1,980 Mil) but then increased from Dec. 2022 ($1,980 Mil) to Dec. 2023 ($2,484 Mil).


Jeronimo Martins SGPS Retained Earnings Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Retained Earnings Chart

Jeronimo Martins SGPS 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 1,551.44 1,813.87 2,003.39 1,979.87 2,484.19

Jeronimo Martins SGPS 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 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 1,979.87 2,150.96 2,036.84 2,220.92 2,484.19

Jeronimo Martins SGPS 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.


Jeronimo Martins SGPS  (OTCPK:JRONY) 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.


Jeronimo Martins SGPS (Jeronimo Martins SGPS) Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (Jeronimo Martins SGPS) Headlines

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