M&G (LSE:MNG) Retained Earnings : £15,223 Mil (As of Dec. 2023)

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What is M&G Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. M&G's retained earnings for the quarter that ended in Dec. 2023 was £15,223 Mil.

M&G's quarterly retained earnings declined from Dec. 2022 (£15,504 Mil) to Jun. 2023 (£15,214 Mil) but then increased from Jun. 2023 (£15,214 Mil) to Dec. 2023 (£15,223 Mil).

M&G's annual retained earnings declined from Dec. 2021 (£18,469 Mil) to Dec. 2022 (£15,504 Mil) and declined from Dec. 2022 (£15,504 Mil) to Dec. 2023 (£15,223 Mil).

M&G Retained Earnings Historical Data

The historical data trend for M&G'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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M&G Retained Earnings Chart

M&G Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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16,342.00

16,853.00

18,469.00

15,504.00

15,223.00

M&G Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial									18,469.00	15,154.00	15,504.00	15,214.00	15,223.00

M&G 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.

M&G (LSE:MNG) 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.

M&G (LSE:MNG) Business Description

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MGPUF:USA MNGl:UK 7MP:Germany

Address

10 Fenchurch Avenue, London, GBR, EC3M 5AG

Website

https://www.mandgprudential.com

M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segments are 1) Asset Management segment which generates revenues by charging fees that are typically based on the level of assets under management. The Asset Management segment also earns investment management revenues from the proportion of Retail and Savings assets it manages, 2) Retail and Savings segment which includes M and G Wealth, Heritage business and Other Retail and Savings business which relates to the company's international savings business. and 3) Corporate Centre segment includes central corporate costs and debt costs.

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