HOOD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
HOOD 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. Robinhood Markets's retained earnings for the quarter that ended in Dec. 2023 was $-5,446 Mil.
Robinhood Markets's quarterly retained earnings declined from Jun. 2023 ($-5,391 Mil) to Sep. 2023 ($-5,476 Mil) but then increased from Sep. 2023 ($-5,476 Mil) to Dec. 2023 ($-5,446 Mil).
Robinhood Markets's annual retained earnings declined from Dec. 2021 ($-3,877 Mil) to Dec. 2022 ($-4,905 Mil) and declined from Dec. 2022 ($-4,905 Mil) to Dec. 2023 ($-5,446 Mil).
The historical data trend for Robinhood Markets'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.
Robinhood Markets Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Retained Earnings | -196.68 | -190.10 | -3,877.00 | -4,905.00 | -5,446.00 |
Robinhood Markets Quarterly Data | |||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Retained Earnings | Get a 7-Day Free Trial | -4,905.00 | -5,416.00 | -5,391.00 | -5,476.00 | -5,446.00 |
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.
Robinhood Markets (NAS:HOOD) 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.
Baiju Bhatt | director, 10 percent owner, officer: Chief Creative Officer | C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Vladimir Tenev | director, 10 percent owner, officer: Chief Executive Officer | C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Jason Warnick | officer: Chief Financial Officer | C/O ROBINHOOD MARKETS INC, MENLO PARK CA 94025 |
Gallagher Daniel Martin Jr | officer: Chief Legal Officer | C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Index Ventures Vi Parallel Entrepreneur Fund (jersey) Lp | director, 10 percent owner | NO. 1 SEATON PLACE, ST. HELIER, CHANNEL ISLANDS Y9 JE48YJ |
Steven M. Quirk | officer: Chief Brokerage Officer | C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Scott D Sandell | director, 10 percent owner | |
Florence Anthony A. Jr. | director, 10 percent owner | 5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815 |
Mohamad Makhzoumi | director, 10 percent owner | 2855 SAND HILL ROAD, MENLO PARK CA 94025 |
Meyer Malka | director | 364 UNIVERSITY AVENUE, PALO ALTO CA 94301 |
Forest Baskett | director, 10 percent owner | |
Frances X Frei | director | ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012 |
Gretchen Howard | officer: Chief Operating Officer | 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025 |
Oluwadara Johnson Treseder | director | C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Aparna Chennapragada | officer: Chief Product Officer | C/O EBAY, INC., 2025 HAMILTON AVE., SAN JOSE CA 95125 |
From GuruFocus
By PRNewswire • 08-18-2023
By sperokesalga sperokesalga • 05-31-2023
By Marketwired • 07-05-2023
By sperokesalga sperokesalga • 03-01-2023
By Business Wire Business Wire • 03-22-2023
By Stavros Georgiadis, CFA • 08-03-2023
By sperokesalga sperokesalga • 06-12-2023
By GuruFocus Research • 09-08-2023
By Jonathan Poland • 04-21-2023
By sperokesalga sperokesalga • 05-26-2023
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.