Anglo American (LSE:AAL) Retained Earnings : £32,279 Mil (As of Dec. 2023)

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What is Anglo American Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anglo American's retained earnings for the quarter that ended in Dec. 2023 was £32,279 Mil.

Anglo American's quarterly retained earnings declined from Dec. 2022 (£34,784 Mil) to Jun. 2023 (£33,704 Mil) and declined from Jun. 2023 (£33,704 Mil) to Dec. 2023 (£32,279 Mil).

Anglo American's annual retained earnings increased from Dec. 2021 (£31,370 Mil) to Dec. 2022 (£34,784 Mil) but then declined from Dec. 2022 (£34,784 Mil) to Dec. 2023 (£32,279 Mil).

Anglo American Retained Earnings Historical Data

The historical data trend for Anglo American'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.

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Anglo American Retained Earnings Chart

Anglo American Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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27,677.06

27,670.85

31,370.43

34,784.13

32,279.40

Anglo American 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															31,370.43	35,152.29	34,784.13	33,703.56	32,279.40

Anglo American 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.

Anglo American (LSE:AAL) 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.

Anglo American (LSE:AAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglo American PLC (LSE:AAL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

AGL:South Africa NGLOY:USA AAUKF:USA ANM:Namibia AALl:UK NGLB:Germany AAM:Switzerland

Address

17 Charterhouse Street, London, GBR, EC1N 6RA

Website

https://www.angloamerican.com

Anglo American's mining portfolio spans many commodities and continents. Like fellow large diversified miners, Anglo has significant exposure to copper, iron ore and metallurgical coal, but it is unique among the global majors given its significant platinum group metals and diamonds output. The company accounts for about one third of the world's platinum supply and around 30% of palladium supply. Anglo also owns 85% of De Beers, in most years the world's largest supplier and marketer of rough gem diamonds by value. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the United Kingdom.