BKR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BKR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Baker Hughes Co's retained earnings for the quarter that ended in Mar. 2024 was $-8,364 Mil.
Baker Hughes Co's quarterly retained earnings increased from Sep. 2023 ($-9,258 Mil) to Dec. 2023 ($-8,819 Mil) and increased from Dec. 2023 ($-8,819 Mil) to Mar. 2024 ($-8,364 Mil).
Baker Hughes Co's annual retained earnings declined from Dec. 2021 ($-10,160 Mil) to Dec. 2022 ($-10,761 Mil) but then increased from Dec. 2022 ($-10,761 Mil) to Dec. 2023 ($-8,819 Mil).
The historical data trend for Baker Hughes Co'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.
Baker Hughes Co Annual Data | |||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
Retained Earnings | Get a 7-Day Free Trial | - | -9,942.00 | -10,160.00 | -10,761.00 | -8,819.00 |
Baker Hughes Co 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 | -10,185.00 | -9,776.00 | -9,258.00 | -8,819.00 | -8,364.00 |
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.
Baker Hughes Co (NAS:BKR) 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.
Maria C Borras | officer: EVP, Oilfield Services & Equip | 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019 |
Regina Jones | officer: Chief Legal Officer | 7102 COMMERCE WAY, BRENTWOOD TN 37027 |
Lorenzo Simonelli | director, officer: Chairman, President and CEO | 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073 |
James E Apostolides | officer: SVP, Enterprise Op Excellence | 17021 ALDINE WESTFIELD RD, HOUSTON TX 77073 |
Rebecca L Charlton | officer: SVP, Controller & CAO | 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073 |
Nelda J Connors | director | BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234 |
Mohsen Sohi | director | C/O STERIS CORPORATION, 5960 HEISLEY ROAD, MENTOR OH 44060 |
Michael R Dumais | director | 870 WINTER STREET, WALTHAM MA 02451 |
William G Beattie | director | GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210 |
John G Rice | director | GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210 |
Lynn Laverty Elsenhans | director | 6400 POPLAR AVENUE, MEMPHIS TN 38197 |
Cynthia B Carroll | director | C/O ALCAN INC., 1188 SHERBROOKE STREET WEST, MONTREAL A8 H3A 3G2 |
Gregory D Brenneman | director | |
Kurt Camilleri | officer: SVP/Controller/Chief Acctg Off | 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073 |
Sreeganesh Ramaswamy | officer: EVP, Industrial & Energy Tech | 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209 |
From GuruFocus
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.