Garrett Motion (STU:G02) Retained Earnings : €-1,708 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Garrett Motion Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Garrett Motion's retained earnings for the quarter that ended in Mar. 2024 was €-1,708 Mil.

Garrett Motion's quarterly retained earnings increased from Sep. 2023 (€-1,817 Mil) to Dec. 2023 (€-1,762 Mil) and increased from Dec. 2023 (€-1,762 Mil) to Mar. 2024 (€-1,708 Mil).

Garrett Motion's annual retained earnings increased from Dec. 2021 (€-1,584 Mil) to Dec. 2022 (€-1,402 Mil) but then declined from Dec. 2022 (€-1,402 Mil) to Dec. 2023 (€-1,762 Mil).

Garrett Motion Retained Earnings Historical Data

The historical data trend for Garrett Motion'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.

Garrett Motion Retained Earnings Chart

Garrett Motion Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-2,053.80

-1,814.15

-1,584.15

-1,401.84

-1,762.47

Garrett Motion Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-1,350.56	-1,692.78	-1,816.84	-1,762.47	-1,707.52

Garrett Motion 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.

Garrett Motion (STU:G02) 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.

Garrett Motion (STU:G02) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Garrett Motion Inc (STU:G02) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

GTX:USA G02:Germany

Address

La Piece 16, Rolle, CHE, 1180

Website

https://www.garrettmotion.com

Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the vehicle independent aftermarket, as well as automotive software solutions. The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network.

Garrett Motion (STU:G02) Headlines

No Headlines