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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CCL Industries's retained earnings for the quarter that ended in Mar. 2026 was $3,410 Mil.
CCL Industries's quarterly retained earnings
increased
from Sep. 2025 ($3,384 Mil) to Dec. 2025 ($3,476 Mil) but then
declined
from Dec. 2025 ($3,476 Mil) to Mar. 2026 ($3,410 Mil).
CCL Industries's annual retained earnings
increased
from Dec. 2023 ($3,023 Mil) to Dec. 2024 ($3,153 Mil) and
increased
from Dec. 2024 ($3,153 Mil) to Dec. 2025 ($3,476 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.
CCL Industries Retained Earnings Historical Data
* Premium members only.
The historical data trend for CCL Industries'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.
CCL Industries (CCLLF) has a Retained Earnings of $3,410 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on CCL Industries and its competitors.
Is CCL Industries' Retained Earnings too high?
CCL Industries' current Retained Earnings is $3,410 Mil. Overall, CCL Industries has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does CCL Industries' Retained Earnings compare to SW and PKG?
CCL Industries' Retained Earnings of $3,410 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Retained Earnings depends on the Packaging & Containers 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 CCL Industries and its competitors. CCL Industries's current Retained Earnings is $3,410 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCL Industries stock overvalued right now?
CCL Industries (CCLLF) has a current Retained Earnings of $3,410 Mil. The stock's GF Value™ is $56.50, compared to a current price of $61.66 — trading 9.1% above its estimated fair value. The current Retained Earnings is $3,410 Mil. CCL Industries' overall GF Score™ is 86/100 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 CCL Industries (CCLLF), the current Retained Earnings is $3,410 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 CCL Industries (CCLLF) Overvalued in 2026?
Based on GuruFocus' analysis, CCL Industries stock appears to be overvalued.
The current stock price of $61.66 is trading 9.1% above its estimated GF Value™ of $56.50.
Key valuation signals for CCLLF:
Retained Earnings: $3,410 Mil
GF Value™: $56.50 vs. price of $61.66 (9.1% above fair value)
No single metric tells the full story. See the CCLLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, and sells pressure-sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile, and Argentina; Europe; and Asia, Australia, Africa, and New Zealand.
86GF Score
Get the complete analysis for CCLLF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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