Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Barrick Mining's retained earnings for the quarter that ended in Mar. 2026 was $-272 Mil.
Barrick Mining's quarterly retained earnings
increased
from Sep. 2025 ($-3,281 Mil) to Dec. 2025 ($-1,170 Mil) and
increased
from Dec. 2025 ($-1,170 Mil) to Mar. 2026 ($-272 Mil).
Barrick Mining's annual retained earnings
increased
from Dec. 2023 ($-6,713 Mil) to Dec. 2024 ($-5,269 Mil) and
increased
from Dec. 2024 ($-5,269 Mil) to Dec. 2025 ($-1,170 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.
Barrick Mining Retained Earnings Historical Data
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The historical data trend for Barrick Mining'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.
Barrick Mining (B) has a Retained Earnings of $-272 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Barrick Mining and its competitors.
Is Barrick Mining's Retained Earnings too high?
Barrick Mining's current Retained Earnings is $-272 Mil. Overall, Barrick Mining has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's Retained Earnings compare to NEM and AU?
Barrick Mining's Retained Earnings of $-272 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 Barrick Mining and its competitors. Barrick Mining's current Retained Earnings is $-272 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrick Mining stock overvalued right now?
Based on GuruFocus' analysis, Barrick Mining (B) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.27, compared to a current price of $38.21 — trading 22.2% above its estimated fair value. The current Retained Earnings is $-272 Mil. Barrick Mining's overall GF Score™ is 89/100 with 1 warning sign 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 Barrick Mining (B), the current Retained Earnings is $-272 Mil as of Mar. 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 Barrick Mining (B) Overvalued in 2026?
Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued.
The current stock price of $38.21 is trading 22.2% above its estimated GF Value™ of $31.27.
GuruFocus considers Barrick Mining to be Modestly Overvalued.
Key valuation signals for B:
Retained Earnings: $-272 Mil
GF Value™: $31.27 vs. price of $38.21 (22.2% above fair value)
No single metric tells the full story. See the B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.
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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