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WeWork (FRA:9WEA) Retained Earnings : €-16,471 Mil (As of Sep. 2023)


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What is WeWork Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WeWork's retained earnings for the quarter that ended in Sep. 2023 was €-16,471 Mil.

WeWork's quarterly retained earnings declined from Mar. 2023 (€-15,356 Mil) to Jun. 2023 (€-15,497 Mil) and declined from Jun. 2023 (€-15,497 Mil) to Sep. 2023 (€-16,471 Mil).

WeWork's annual retained earnings declined from Dec. 2020 (€-7,976 Mil) to Dec. 2021 (€-12,517 Mil) and declined from Dec. 2021 (€-12,517 Mil) to Dec. 2022 (€-15,271 Mil).


WeWork Retained Earnings Historical Data

The historical data trend for WeWork'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.

WeWork Retained Earnings Chart

WeWork Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
- -5,916.89 -7,976.27 -12,516.56 -15,271.09

WeWork Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -15,880.23 -15,271.09 -15,355.89 -15,497.17 -16,470.59

WeWork 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.


WeWork  (FRA:9WEA) 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.


WeWork (FRA:9WEA) Business Description

Traded in Other Exchanges
Address
75 Rockefeller Plaza, 10th floor, New York, NY, USA, 10019
WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.

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