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Greenhill (Greenhill) Retained Earnings : $71.8 Mil (As of Sep. 2023)


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What is Greenhill Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Greenhill's retained earnings for the quarter that ended in Sep. 2023 was $71.8 Mil.

Greenhill's quarterly retained earnings increased from Mar. 2023 ($100.2 Mil) to Jun. 2023 ($102.3 Mil) but then declined from Jun. 2023 ($102.3 Mil) to Sep. 2023 ($71.8 Mil).

Greenhill's annual retained earnings increased from Dec. 2020 ($95.4 Mil) to Dec. 2021 ($132.6 Mil) but then declined from Dec. 2021 ($132.6 Mil) to Dec. 2022 ($126.0 Mil).


Greenhill Retained Earnings Historical Data

The historical data trend for Greenhill'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.

Greenhill Retained Earnings Chart

Greenhill Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.43 69.09 95.42 132.56 125.99

Greenhill Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 108.37 125.99 100.22 102.32 71.83

Greenhill 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.


Greenhill  (NYSE:GHL) 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.


Greenhill (Greenhill) Business Description

Traded in Other Exchanges
N/A
Address
1271 Avenue of the Americas, New York, NY, USA, 10020
Greenhill & Co Inc is an independent investment bank that provides financial and strategic advice on significant domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, capital raising, and other transactions to a diverse client base, including corporations, partnerships, institutions, and governments globally. The company derives revenues from both corporate advisory services related to mergers and acquisitions, financings and restructurings and capital advisory services related to sales or capital raises pertaining to alternative assets.
Executives
Mark Lasky officer: Chief Financial Officer C/O GREENHILL & CO., INC., 1271 AVENUE OF THE AMERICAS, 21ST FLOOR, NEW YORK NY 10020
Rodriguez Harold J Jr officer: Mg Dir-Fin, Regn. & Ops.
Scott L Bok director, officer: Chief Executive Officer
Kevin Ferro director C/O KOS PHARMACEUTICALS, INC., 1001 BRICKELL BAY DRIVE, 25TH FLOOR, MIAMI FL 33131
David Wyles officer: Managing Director GREENHILL & CO. INC., 300 PARK AVENUE, NEW YORK NY 10022-7405
Kevin M Costantino officer: President GREENHILL & CO., 300 PARK AVENUE, NEW YORK NY 10022
Gitanjali Pinto Faleiro officer: General Counsel C/O GREENHILL & CO., INC., 300 PARK AVENUE, NEW YORK NY 10022
Meryl D Hartzband director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Robert F Greenhill director, officer: Chairman and CEO
Patricia Moran officer: Chief Legal Officer GREENHILL & CO., 300 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Karen P Robards director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536
Gavin Dean Solotar officer: General Counsel GREENHILL & CO., 300 PARK AVENUE, NEW YORK NY 10022
Christopher Thomas Grubb officer: Chief Financial Officer 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
John C Danforth director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117-2551
Ulrika Ekman officer: General Counsel GREENHILL & CO., INC., 300 PARK AVENUE, NEW YORK NY 10022

Greenhill (Greenhill) Headlines

From GuruFocus

Greenhill & Co. Reports Third Quarter 2021 Results

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Greenhill Inc (GHL) Chairman & CEO Scott L Bok Bought $795,149 of Shares

By GuruFocus Research GuruFocus Editor 11-13-2021

Greenhill & Co. Reports Second Quarter 2021 Results

By PRNewswire PRNewswire 08-03-2021

Greenhill & Co. Reports First Quarter 2023 Results

By Business Wire Business Wire 05-03-2023