Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Associated British Foods's retained earnings for the quarter that ended in Feb. 2026 was $15,609 Mil.
Associated British Foods's quarterly retained earnings
increased
from Feb. 2025 ($13,942 Mil) to Aug. 2025 ($15,314 Mil) and
increased
from Aug. 2025 ($15,314 Mil) to Feb. 2026 ($15,609 Mil).
Associated British Foods's annual retained earnings
increased
from Aug. 2023 ($13,863 Mil) to Aug. 2024 ($14,760 Mil) and
increased
from Aug. 2024 ($14,760 Mil) to Aug. 2025 ($15,314 Mil).
Associated British Foods (OTCPK:ASBFY) 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.
Associated British Foods Retained Earnings Historical Data
* 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.
Associated British Foods 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.
What does a Retained Earnings of $15,609 Mil mean?
Associated British Foods (ASBFY) has a Retained Earnings of $15,609 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Associated British Foods and its competitors.
Is Associated British Foods' Retained Earnings too high?
Associated British Foods' current Retained Earnings is $15,609 Mil. Overall, Associated British Foods has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated British Foods' Retained Earnings compare to KHC and GIS?
Associated British Foods' Retained Earnings of $15,609 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Associated British Foods and its competitors. Associated British Foods's current Retained Earnings is $15,609 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Foods stock overvalued right now?
Based on GuruFocus' analysis, Associated British Foods (ASBFY) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.15, compared to a current price of $26.79 — trading 11.1% below its estimated fair value. The current Retained Earnings is $15,609 Mil. Associated British Foods' overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Associated British Foods (ASBFY), the current Retained Earnings is $15,609 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Associated British Foods (ASBFY) Overvalued in 2026?
Based on GuruFocus' analysis, Associated British Foods stock appears to be undervalued.
The current stock price of $26.79 is trading 11.1% below its estimated GF Value™ of $30.15.
GuruFocus considers Associated British Foods to be Modestly Undervalued.
Key valuation signals for ASBFY:
Retained Earnings: $15,609 Mil
GF Value™: $30.15 vs. price of $26.79 (11.1% below fair value)
No single metric tells the full story. See the ASBFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.
82GF Score
Get the complete analysis for ASBFY
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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