First Solar (WBO:FSLR) Retained Earnings : €3,871 Mil (As of Mar. 2024)

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What is First Solar Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. First Solar's retained earnings for the quarter that ended in Mar. 2024 was €3,871 Mil.

First Solar's quarterly retained earnings increased from Sep. 2023 (€3,394 Mil) to Dec. 2023 (€3,641 Mil) and increased from Dec. 2023 (€3,641 Mil) to Mar. 2024 (€3,871 Mil).

First Solar's annual retained earnings increased from Dec. 2021 (€2,818 Mil) to Dec. 2022 (€2,964 Mil) and increased from Dec. 2022 (€2,964 Mil) to Dec. 2023 (€3,641 Mil).

First Solar Retained Earnings Historical Data

The historical data trend for First Solar'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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First Solar Retained Earnings Chart

First Solar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,093.96

2,232.36

2,818.24

2,964.43

3,641.47

First Solar 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															2,972.78	3,095.22	3,393.65	3,641.47	3,871.07

First Solar 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.

First Solar (WBO:FSLR) 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.

First Solar (WBO:FSLR) Business Description

Industry

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Address

350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281

Website

https://www.firstsolar.com

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.