BWMG (Brownie's Marine Group) Retained Earnings: $-17.54 Mil (As of Mar. 2026)

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What is Brownie's Marine Group Retained Earnings?

Brownie's Marine Group BWMG Retained Earnings is $-17.54 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Brownie's Marine Group's retained earnings for the quarter that ended in Mar. 2026 was $-17.54 Mil.

Brownie's Marine Group's quarterly retained earnings declined from Sep. 2025 ($-17.65 Mil) to Dec. 2025 ($-18.03 Mil) but then increased from Dec. 2025 ($-18.03 Mil) to Mar. 2026 ($-17.54 Mil).

Brownie's Marine Group's annual retained earnings declined from Dec. 2023 ($-17.69 Mil) to Dec. 2024 ($-17.93 Mil) and declined from Dec. 2024 ($-17.93 Mil) to Dec. 2025 ($-18.03 Mil).

Brownie's Marine Group  (OTCPK:BWMG) 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.

Brownie's Marine Group Retained Earnings Historical Data

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The historical data trend for Brownie's Marine Group'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.

Brownie's Marine Group Retained Earnings Chart

Brownie's Marine Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.55 -16.44 -17.69 -17.93 -18.03

Brownie's Marine Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.98 -17.86 -17.65 -18.03 -17.54

Brownie's Marine Group 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-17.54 Mil mean?
Brownie's Marine Group (BWMG) has a Retained Earnings of $-17.54 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Brownie's Marine Group and its competitors.
Is Brownie's Marine Group's Retained Earnings too high?
Brownie's Marine Group's current Retained Earnings is $-17.54 Mil.
How does Brownie's Marine Group's Retained Earnings compare to TRUG and NWTG?
Brownie's Marine Group's Retained Earnings of $-17.54 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure 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 Brownie's Marine Group and its competitors. Brownie's Marine Group's current Retained Earnings is $-17.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brownie's Marine Group stock overvalued right now?
Based on GuruFocus' analysis, Brownie's Marine Group (BWMG) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 46% below its estimated fair value. The current Retained Earnings is $-17.54 Mil. 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 Brownie's Marine Group (BWMG), the current Retained Earnings is $-17.54 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.

Brownie's Marine Group Business Description

Address 4061 SW, 47th Avenue, Davie, FL, USA, 33314
Brownie's Marine Group Inc is a marine technology company that operates through its subsidiaries focused on portable air, underwater breathing, safety, and marine technologies. It designs, tests, manufactures and distributes recreational hookah diving, scuba and water safety products; high pressure air and industrial compressor packages, yacht-based scuba air compressor and nitrox generation systems. It develops and markets portable battery powered surface supplied air dive systems; and high-pressure tanks and redundant air systems for the military and recreational diving industries. It serves recreational, professional, safety, industrial, and government-adjacent markets. The company derives maximum revenue from Redundant Air Tank Systems.