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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Marisa Lojas's retained earnings for the quarter that ended in Mar. 2026 was R$-2,189 Mil.
Marisa Lojas's quarterly retained earnings
declined
from Sep. 2025 (R$-2,023 Mil) to Dec. 2025 (R$-2,093 Mil) and
declined
from Dec. 2025 (R$-2,093 Mil) to Mar. 2026 (R$-2,189 Mil).
Marisa Lojas's annual retained earnings
declined
from Dec. 2023 (R$-1,717 Mil) to Dec. 2024 (R$-2,033 Mil) and
declined
from Dec. 2024 (R$-2,033 Mil) to Dec. 2025 (R$-2,093 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.
Marisa Lojas Retained Earnings Historical Data
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The historical data trend for Marisa Lojas'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.
What does a Retained Earnings of R$-2,189 Mil mean?
Marisa Lojas (BSP:AMAR3) has a Retained Earnings of R$-2,189 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Marisa Lojas and its competitors.
Is Marisa Lojas' Retained Earnings too high?
Marisa Lojas' current Retained Earnings is R$-2,189 Mil. Overall, Marisa Lojas has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marisa Lojas' Retained Earnings compare to TJX and ROST?
Marisa Lojas' Retained Earnings of R$-2,189 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Marisa Lojas and its competitors. Marisa Lojas's current Retained Earnings is R$-2,189 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marisa Lojas stock overvalued right now?
Based on GuruFocus' analysis, Marisa Lojas (BSP:AMAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$0.34, compared to a current price of R$0.57 — trading 67.6% above its estimated fair value. The current Retained Earnings is R$-2,189 Mil. Marisa Lojas' overall GF Score™ is 28/100 with 5 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 Marisa Lojas (BSP:AMAR3), the current Retained Earnings is R$-2,189 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 Marisa Lojas (BSP:AMAR3) Overvalued in 2026?
Based on GuruFocus' analysis, Marisa Lojas stock appears to be overvalued.
The current stock price of R$0.57 is trading 67.6% above its estimated GF Value™ of R$0.34.
GuruFocus considers Marisa Lojas to be Significantly Overvalued.
Key valuation signals for BSP:AMAR3:
Retained Earnings: R$-2,189 Mil
GF Value™: R$0.34 vs. price of R$0.57 (67.6% above fair value)
No single metric tells the full story. See the BSP:AMAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marisa Lojas SA is a retail store operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes, and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.
28GF Score
Get the complete analysis for BSP:AMAR3
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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