EDP (EDPFY) Retained Earnings : $820 Mil (As of Jun. 2024)

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What is EDP Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EDP's retained earnings for the quarter that ended in Jun. 2024 was $820 Mil.

EDP's quarterly retained earnings declined from Dec. 2023 ($1,039 Mil) to Mar. 2024 ($385 Mil) but then increased from Mar. 2024 ($385 Mil) to Jun. 2024 ($820 Mil).

EDP's annual retained earnings declined from Dec. 2021 ($742 Mil) to Dec. 2022 ($719 Mil) but then increased from Dec. 2022 ($719 Mil) to Dec. 2023 ($1,039 Mil).

EDP Retained Earnings Historical Data

The historical data trend for EDP'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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EDP Retained Earnings Chart

EDP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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568.61

974.08

742.05

719.28

1,038.55

EDP Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															473.20	1,009.16	1,038.55	385.09	820.49

EDP 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.

EDP (OTCPK:EDPFY) 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.

EDP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EDP SA (OTCPK:EDPFY) » Definitions » Retained Earnings

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ELCPF:USA EDP:Portugal EDPu:UK 0OF7:UK EDP:Germany

Address

Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300

Website

https://www.edp.com

EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the US EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil, which it aims to delist by end-2023.