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Compass (Compass) Retained Earnings : $-2,651 Mil (As of Mar. 2024)


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What is Compass Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Compass's retained earnings for the quarter that ended in Mar. 2024 was $-2,651 Mil.

Compass's quarterly retained earnings declined from Sep. 2023 ($-2,434 Mil) to Dec. 2023 ($-2,518 Mil) and declined from Dec. 2023 ($-2,518 Mil) to Mar. 2024 ($-2,651 Mil).

Compass's annual retained earnings declined from Dec. 2021 ($-1,595 Mil) to Dec. 2022 ($-2,197 Mil) and declined from Dec. 2022 ($-2,197 Mil) to Dec. 2023 ($-2,518 Mil).


Compass Retained Earnings Historical Data

The historical data trend for Compass'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.

Compass Retained Earnings Chart

Compass Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -825.10 -1,100.90 -1,595.00 -2,196.50 -2,517.80

Compass Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2,346.90 -2,394.70 -2,434.10 -2,517.80 -2,650.70

Compass 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.


Compass  (NYSE:COMP) 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.


Compass (Compass) Business Description

Traded in Other Exchanges
Address
90 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011
Compass Inc provides an end-to-end platform that empowers residential real estate agents to deliver exceptional service to clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service and other critical functionality, all custom-built for the real estate industry and enabling core brokerage services. Business operations are conducted in the United States and earn revenue domestically.
Executives
Svf Excaliber (cayman) Ltd 10 percent owner 27 HOSPITAL ROAD, WALKERS CORPORATE LTD., CAYMAN CORPORATE CENTRE, GEORGE TOWN, GRAND CAYMAN E9 KY-9008
Gregory M. Hart officer: Chief Product Officer C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Danielle J. Wilkie officer: President, Central Region C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Kalani Reelitz officer: Chief Financial Officer 90 50TH AVENUE, NEW YORK NY 10011
Joseph Sirosh officer: Chief Technology Officer C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Dawanna Williams director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Frank Martell director 10 GASTON FARMS ROAD, GREENWICH CT 06831
Allan Leinwand director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Josh N. Mccarter director C/O COMPASS, INC., 90 5TH AVENUE, 3RD FLOOR, NYC NY 10011
Robert S. Lehman officer: Chief Business Officer C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Priyanka Singh officer: Chief People Officer C/O COMPASS, INC., 90 5TH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Robert L. Reffkin director, officer: Chairman and CEO C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Kristen M. Ankerbrandt officer: Chief Financial Officer C/O COMPASS, INC., 155 AVENUE OF THE AMERICAS, SIXTH FLOOR, NEW YORK NY 10013
Anand Mehta officer: Chief People Officer C/O COMPASS, INC., 90 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Kamini R. Lane officer: President, West Region C/O COMPASS, INC., 90 5TH AVE, 3RD FLOOR, NEW YORK NY 10011