NewMarket (STU:UG9) Retained Earnings : €1,085 Mil (As of Mar. 2024)

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What is NewMarket Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NewMarket's retained earnings for the quarter that ended in Mar. 2024 was €1,085 Mil.

NewMarket's quarterly retained earnings increased from Sep. 2023 (€972 Mil) to Dec. 2023 (€1,005 Mil) and increased from Dec. 2023 (€1,005 Mil) to Mar. 2024 (€1,085 Mil).

NewMarket's annual retained earnings increased from Dec. 2021 (€747 Mil) to Dec. 2022 (€788 Mil) and increased from Dec. 2022 (€788 Mil) to Dec. 2023 (€1,005 Mil).

NewMarket Retained Earnings Historical Data

The historical data trend for NewMarket'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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NewMarket Retained Earnings Chart

NewMarket Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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759.49

766.33

747.26

787.68

1,005.03

NewMarket Quarterly Data
	Jun19	Sep19	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															825.05	874.54	971.83	1,005.03	1,085.38

NewMarket 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.

NewMarket (STU:UG9) 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.

NewMarket (STU:UG9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NewMarket Corp (STU:UG9) » Definitions » Retained Earnings

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NEU:USA

Address

330 South Fourth Street, Richmond, VA, USA, 23219-4350

Website

https://www.newmarket.com

NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It comprises two broad product applications. Lubricant additives are formulated chemical solutions that, when blended with base fluids, improve the efficiency, durability, performance, and functionality of mineral oils, synthetic oils, and biodegradable fluids. Fuel additives are chemical components that help oil refiners meet fuel specifications or formulated packages that improve the performance of gasoline, diesel, biofuels, and other fuels. More revenue comes from the United States than any other geographic region.

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