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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Empress Royalty's retained earnings for the quarter that ended in Mar. 2026 was $1.13 Mil.
Empress Royalty's quarterly retained earnings
increased
from Sep. 2025 ($-6.64 Mil) to Dec. 2025 ($-2.17 Mil) and
increased
from Dec. 2025 ($-2.17 Mil) to Mar. 2026 ($1.13 Mil).
Empress Royalty's annual retained earnings
increased
from Dec. 2023 ($-10.62 Mil) to Dec. 2024 ($-9.60 Mil) and
increased
from Dec. 2024 ($-9.60 Mil) to Dec. 2025 ($-2.17 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.
Empress Royalty Retained Earnings Historical Data
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The historical data trend for Empress Royalty'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.
Empress Royalty (EMPYF) has a Retained Earnings of $1.13 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Empress Royalty and its competitors.
Is Empress Royalty's Retained Earnings too high?
Empress Royalty's current Retained Earnings is $1.13 Mil. Overall, Empress Royalty has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Empress Royalty's Retained Earnings compare to HL?
Empress Royalty's Retained Earnings of $1.13 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 Empress Royalty and its competitors. Empress Royalty's current Retained Earnings is $1.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empress Royalty stock overvalued right now?
Based on GuruFocus' analysis, Empress Royalty (EMPYF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.59, compared to a current price of $0.59 — trading 63.1% below its estimated fair value. The current Retained Earnings is $1.13 Mil. Empress Royalty's overall GF Score™ is 44/100. 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 Empress Royalty (EMPYF), the current Retained Earnings is $1.13 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 Empress Royalty (EMPYF) Overvalued in 2026?
Based on GuruFocus' analysis, Empress Royalty stock appears to be undervalued.
The current stock price of $0.59 is trading 63.1% below its estimated GF Value™ of $1.59.
GuruFocus considers Empress Royalty to be Significantly Undervalued.
Key valuation signals for EMPYF:
Retained Earnings: $1.13 Mil
GF Value™: $1.59 vs. price of $0.59 (63.1% below fair value)
No single metric tells the full story. See the EMPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empress Royalty Corp is a royalty and streaming creation company. It is engaged in the business of structuring and creating proprietary precious metal royalty and streaming agreements for its portfolio and may acquire certain interests from time to time. The company is focused on small to mid-tier producing or development stage mining companies, where immediate or near-term revenue can be generated, but may also consider earlier stage opportunities. Its revenue is derived from the Tahuehueto and Pinos stream in Mexico, the Sierra Antapite stream in Peru, the Galaxy stream in South Africa, and royalties on gold sales from the Manica gold project in Mozambique. The Company operates in a single segment, the creation and acquisition of royalty and stream interests.
44GF Score
Get the complete analysis for EMPYF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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