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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Verizon Communications's retained earnings for the quarter that ended in Mar. 2026 was €83,753 Mil.
Verizon Communications's quarterly retained earnings
declined
from Sep. 2025 (€81,209 Mil) to Dec. 2025 (€80,911 Mil) but then
increased
from Dec. 2025 (€80,911 Mil) to Mar. 2026 (€83,753 Mil).
Verizon Communications's annual retained earnings
increased
from Dec. 2023 (€76,033 Mil) to Dec. 2024 (€85,100 Mil) but then
declined
from Dec. 2024 (€85,100 Mil) to Dec. 2025 (€80,911 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.
Verizon Communications Retained Earnings Historical Data
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The historical data trend for Verizon Communications'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.
What does a Retained Earnings of €83,753 Mil mean?
Verizon Communications (FRA:BAC) has a Retained Earnings of €83,753 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Verizon Communications and its competitors.
Is Verizon Communications' Retained Earnings too high?
Verizon Communications' current Retained Earnings is €83,753 Mil. Overall, Verizon Communications has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Verizon Communications' Retained Earnings compare to TMUS and T?
Verizon Communications' Retained Earnings of €83,753 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 Verizon Communications and its competitors. Verizon Communications's current Retained Earnings is €83,753 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verizon Communications stock overvalued right now?
Based on GuruFocus' analysis, Verizon Communications (FRA:BAC) is currently considered Fairly Valued. The stock's GF Value™ is €37.45, compared to a current price of €38.63 — trading 3.1% above its estimated fair value. The current Retained Earnings is €83,753 Mil. Verizon Communications' overall GF Score™ is 64/100 with 3 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 Verizon Communications (FRA:BAC), the current Retained Earnings is €83,753 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 Verizon Communications (FRA:BAC) Overvalued in 2026?
Based on GuruFocus' analysis, Verizon Communications stock appears to be overvalued.
The current stock price of €38.63 is trading 3.1% above its estimated GF Value™ of €37.45.
GuruFocus considers Verizon Communications to be Fairly Valued.
Key valuation signals for FRA:BAC:
Retained Earnings: €83,753 Mil
GF Value™: €37.45 vs. price of €38.63 (3.1% above fair value)
No single metric tells the full story. See the FRA:BAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wireless services account for 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 94 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including about 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using a mix of its own and other networks.
64GF Score
Get the complete analysis for FRA:BAC
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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