Amer Sports (Amer Sports) Retained Earnings : $-1,052 Mil (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Amer Sports Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Amer Sports's retained earnings for the quarter that ended in Mar. 2024 was $-1,052 Mil.

Amer Sports's quarterly retained earnings declined from Sep. 2023 ($-811 Mil) to Dec. 2023 ($-1,058 Mil) but then increased from Dec. 2023 ($-1,058 Mil) to Mar. 2024 ($-1,052 Mil).

Amer Sports's annual retained earnings declined from Dec. 2021 ($-596 Mil) to Dec. 2022 ($-849 Mil) and declined from Dec. 2022 ($-849 Mil) to Dec. 2023 ($-1,058 Mil).

Amer Sports Retained Earnings Historical Data

The historical data trend for Amer Sports'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.

* Premium members only.

Amer Sports Retained Earnings Chart

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-469.90

-596.20

-848.90

-1,057.50

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial					-	-830.40	-811.00	-1,057.50	-1,052.40

Amer Sports 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.

Amer Sports (NYSE:AS) 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.

Amer Sports (Amer Sports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Amer Sports Inc (NYSE:AS) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Amer Sports Inc. is a group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance. It has three reportable segments: Technical Apparel, Outdoor Performance as well and Ball & Racquet Sports. Technical Apparel includes outdoor apparel, footwear, and accessories and consists of the Arc'teryx and Peak Performance brands, Outdoor Performance includes outdoor apparel, footwear, accessories, and winter sports equipment and consists of our Salomon, Atomic, Armada, and ENVE brands, Ball & Racquet Sports includes sports equipment, apparel and accessories and consists of our Wilson, Louisville Slugger, DeMarini, EvoShield, Atec and Luxilon brands, all of which comprise the Wilson Sporting Goods portfolio. Max revenue is generated from Outdoor Performance.

Amer Sports (Amer Sports) Headlines

From GuruFocus

Amer Sports, Inc. Announces Launch of its Initial Public Offering

By Business Wire • 01-22-2024