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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sandfire Resources's retained earnings for the quarter that ended in Dec. 2025 was A$890 Mil.
Sandfire Resources's quarterly retained earnings
increased
from Dec. 2024 (A$715 Mil) to Jun. 2025 (A$760 Mil) and
increased
from Jun. 2025 (A$760 Mil) to Dec. 2025 (A$890 Mil).
Sandfire Resources's annual retained earnings
declined
from Jun. 2023 (A$629 Mil) to Jun. 2024 (A$606 Mil) but then
increased
from Jun. 2024 (A$606 Mil) to Jun. 2025 (A$760 Mil).
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.
Sandfire Resources Retained Earnings Historical Data
* Premium members only.
The historical data trend for Sandfire Resources'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.
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.
Sandfire Resources (ASX:SFR) has a Retained Earnings of A$890 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sandfire Resources and its competitors.
Is Sandfire Resources' Retained Earnings too high?
Sandfire Resources' current Retained Earnings is A$890 Mil. Overall, Sandfire Resources has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandfire Resources' Retained Earnings compare to SCCO and FCX?
Sandfire Resources' Retained Earnings of A$890 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining 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 Sandfire Resources and its competitors. Sandfire Resources's current Retained Earnings is A$890 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Sandfire Resources (ASX:SFR) is currently considered Modestly Overvalued. The stock's GF Value™ is A$14.72, compared to a current price of A$17.64 — trading 19.8% above its estimated fair value. The current Retained Earnings is A$890 Mil. Sandfire Resources' overall GF Score™ is 89/100 with 4 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 Sandfire Resources (ASX:SFR), the current Retained Earnings is A$890 Mil as of Dec. 2025. 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 Sandfire Resources (ASX:SFR) Overvalued in 2026?
Based on GuruFocus' analysis, Sandfire Resources stock appears to be overvalued.
The current stock price of A$17.64 is trading 19.8% above its estimated GF Value™ of A$14.72.
GuruFocus considers Sandfire Resources to be Modestly Overvalued.
Key valuation signals for ASX:SFR:
Retained Earnings: A$890 Mil
GF Value™: A$14.72 vs. price of A$17.64 (19.8% above fair value)
No single metric tells the full story. See the ASX:SFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandfire Resources Ltd is a copper-focused mineral exploration and development company. The company's operating segments include DeGrussa Copper operations, MATSA Copper Operations, Black Butte Copper Project, Motheo Copper Operations, and Exploration and Other. It derives key revenue from the MATSA Copper Operations segment, which consists of the Minas de Aguas Tenidas (MATSA) polymetallic mining complex in Spain and exploration and evaluation activities in Spain and Portugal. The operations comprise three underground mines and a central processing facility. The mines generate revenue from the sale of copper, zinc, and lead concentrates containing a silver by-product. Geographically, the company generates maximum revenue from Spain, followed by China, Sweden, Malaysia, and other regions.
89GF Score
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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