Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Reliance Global Group's retained earnings for the quarter that ended in Jun. 2026 was $-58.52 Mil.
Reliance Global Group's quarterly retained earnings
declined
from Dec. 2025 ($-55.06 Mil) to Mar. 2026 ($-56.53 Mil) and
declined
from Mar. 2026 ($-56.53 Mil) to Jun. 2026 ($-58.52 Mil).
Reliance Global Group's annual retained earnings
declined
from Dec. 2023 ($-39.00 Mil) to Dec. 2024 ($-48.07 Mil) and
declined
from Dec. 2024 ($-48.07 Mil) to Dec. 2025 ($-55.06 Mil).
Reliance Global Group (NAS:EZRA) 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.
Reliance Global Group Retained Earnings Historical Data
* Premium members only.
The historical data trend for Reliance Global 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.
Reliance Global 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.
What does a Retained Earnings of $-58.52 Mil mean?
Reliance Global Group (EZRA) has a Retained Earnings of $-58.52 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Reliance Global Group and its competitors.
Is Reliance Global Group's Retained Earnings too high?
Reliance Global Group's current Retained Earnings is $-58.52 Mil. Overall, Reliance Global Group has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Global Group's Retained Earnings compare to TIRXF and GOCOQ?
Reliance Global Group's Retained Earnings of $-58.52 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Retained Earnings depends on the Insurance 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 Reliance Global Group and its competitors. Reliance Global Group's current Retained Earnings is $-58.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Global Group stock overvalued right now?
Based on GuruFocus' analysis, Reliance Global Group (EZRA) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.17, compared to a current price of $2.56 — trading 19.2% below its estimated fair value. The current Retained Earnings is $-58.52 Mil. Reliance Global Group's overall GF Score™ is 44/100 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 Reliance Global Group (EZRA), the current Retained Earnings is $-58.52 Mil as of Jun. 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 Reliance Global Group (EZRA) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Global Group stock appears to be undervalued.
The current stock price of $2.56 is trading 19.2% below its estimated GF Value™ of $3.17.
GuruFocus considers Reliance Global Group to be Modestly Undervalued.
Key valuation signals for EZRA:
Retained Earnings: $-58.52 Mil
GF Value™: $3.17 vs. price of $2.56 (19.2% below fair value)
No single metric tells the full story. See the EZRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Global Group Inc operates as a holding company that acquires, owns, and actively manages insurance and technology-focused businesses. The company focuses on growing by pursuing acquisition strategies initially, and focuses on wholesale and retail insurance agencies. Its primary move is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations. The Company operates as a single operating segment, the Insurance Segment, earning its revenues from insurance commissions.
44GF Score
Get the complete analysis for EZRA
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EZRA has been successfully added to your 
