GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » REA Group Ltd (ASX:REA) » Definitions » Retained Earnings

REA Group (ASX:REA) Retained Earnings : A$1,224 Mil (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is REA Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. REA Group's retained earnings for the quarter that ended in Dec. 2023 was A$1,224 Mil.

REA Group's quarterly retained earnings increased from Dec. 2022 (A$1,151 Mil) to Jun. 2023 (A$1,207 Mil) and increased from Jun. 2023 (A$1,207 Mil) to Dec. 2023 (A$1,224 Mil).

REA Group's annual retained earnings increased from Jun. 2021 (A$877 Mil) to Jun. 2022 (A$1,067 Mil) and increased from Jun. 2022 (A$1,067 Mil) to Jun. 2023 (A$1,207 Mil).


REA Group Retained Earnings Historical Data

The historical data trend for REA Group'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.

REA Group Retained Earnings Chart

REA Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 747.31 704.26 876.55 1,067.10 1,206.50

REA Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,002.70 1,067.10 1,151.10 1,206.50 1,224.20

REA Group 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.


REA Group  (ASX:REA) 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.


REA Group (ASX:REA) Business Description

Traded in Other Exchanges
Address
511 Church Street, Richmond, Melbourne, VIC, AUS, 3121
REA Group is a technology company operating in the real estate sector. REA Group's primary business is a online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around three times the size of number two, www.domain.com.au, owned by Domain Group. REA Group is majority-owned by News Corp (ASX:NWS), while Domain is majority-owned by rival media company Nine Entertainment (ASX:NEC). REA Group's other businesses include adjacent markets and services, and investments in online listings platforms in Asia.

REA Group (ASX:REA) Headlines

No Headlines