BT Group (CHIX:BTL) Retained Earnings: £9,554 Mil (As of Mar. 2026)

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CHIX:BTL BT Group PLC CHIX:BTL
64 GF Score
Price £1.97
GF Value £1.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is BT Group Retained Earnings?

BT Group CHIX:BTL +3.57% 64 Retained Earnings is £9,554 Mil as of Mar. 2026. GuruFocus rates CHIX:BTL with a GF Score™ of 64/100 and a GF Value™ of £1.38 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BT Group's retained earnings for the quarter that ended in Mar. 2026 was £9,554 Mil.

BT Group's quarterly retained earnings declined from Mar. 2025 (£9,910 Mil) to Sep. 2025 (£9,532 Mil) but then increased from Sep. 2025 (£9,532 Mil) to Mar. 2026 (£9,554 Mil).

BT Group's annual retained earnings increased from Mar. 2024 (£9,565 Mil) to Mar. 2025 (£9,910 Mil) but then declined from Mar. 2025 (£9,910 Mil) to Mar. 2026 (£9,554 Mil).


BT Group  (CHIX:BTl) 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.


BT Group Retained Earnings Historical Data

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The historical data trend for BT 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.

BT Group Retained Earnings Chart

BT Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,403.00 11,431.00 9,565.00 9,910.00 9,554.00

BT Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 9,565.00 9,575.00 9,910.00 9,532.00 9,554.00
CHIX:BTL
64GF Score
BT Group PLC CHIX:BTL
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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BT 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 £9,554 Mil mean?
BT Group (CHIX:BTL) has a Retained Earnings of £9,554 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on BT Group and its competitors.
Is BT Group's Retained Earnings too high?
BT Group's current Retained Earnings is £9,554 Mil. Overall, BT Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BT Group's Retained Earnings compare to TMUS and VZ?
BT Group's Retained Earnings of £9,554 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services 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 BT Group and its competitors. BT Group's current Retained Earnings is £9,554 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Group stock overvalued right now?
Based on GuruFocus' analysis, BT Group (CHIX:BTL) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.38, compared to a current price of £1.97 — trading 42.5% above its estimated fair value. The current Retained Earnings is £9,554 Mil. BT Group's overall GF Score™ is 64/100 with 6 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 BT Group (CHIX:BTL), the current Retained Earnings is £9,554 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 BT Group (CHIX:BTL) Overvalued in 2026?

Based on GuruFocus' analysis, BT Group stock appears to be overvalued. The current stock price of £1.97 is trading 42.5% above its estimated GF Value™ of £1.38. GuruFocus considers BT Group to be Significantly Overvalued.

Key valuation signals for CHIX:BTL:

  • Retained Earnings: £9,554 Mil
  • GF Value™: £1.38 vs. price of £1.97 (42.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the CHIX:BTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BT Group Business Description

Other Exchanges BTGOF:USABT.A:UKBTQ:Germany
Address 1 Braham Street, London, GBR, E1 8EE
BT Group is the incumbent telecommunications operator in the UK. BT is the owner of Openreach, the largest fixed-line network in the country. Openreach operates as a separate entity due to regulatory requirements, but is still 100% owned by BT. Openreach has accelerated its fiber investments and expects to have 90% of the UK covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations, while the global services division provides communications consultancy services.
64GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.97
Price
£1.38
GF Value