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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rogers Communications's retained earnings for the quarter that ended in Mar. 2026 was €10,526 Mil.
Rogers Communications's quarterly retained earnings
increased
from Sep. 2025 (€9,890 Mil) to Dec. 2025 (€10,232 Mil) and
increased
from Dec. 2025 (€10,232 Mil) to Mar. 2026 (€10,526 Mil).
Rogers Communications's annual retained earnings
increased
from Dec. 2023 (€6,725 Mil) to Dec. 2024 (€7,125 Mil) and
increased
from Dec. 2024 (€7,125 Mil) to Dec. 2025 (€10,232 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.
Rogers Communications Retained Earnings Historical Data
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The historical data trend for Rogers 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 €10,526 Mil mean?
Rogers Communications (FRA:RCIB) has a Retained Earnings of €10,526 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Rogers Communications and its competitors.
Is Rogers Communications' Retained Earnings too high?
Rogers Communications' current Retained Earnings is €10,526 Mil. Overall, Rogers Communications has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Retained Earnings compare to TMUS and VZ?
Rogers Communications' Retained Earnings of €10,526 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 Rogers Communications and its competitors. Rogers Communications's current Retained Earnings is €10,526 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogers Communications stock overvalued right now?
Based on GuruFocus' analysis, Rogers Communications (FRA:RCIB) is currently considered Modestly Undervalued. The stock's GF Value™ is €35.04, compared to a current price of €29.17 — trading 16.8% below its estimated fair value. The current Retained Earnings is €10,526 Mil. Rogers Communications' overall GF Score™ is 82/100 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 Rogers Communications (FRA:RCIB), the current Retained Earnings is €10,526 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 Rogers Communications (FRA:RCIB) Overvalued in 2026?
Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued.
The current stock price of €29.17 is trading 16.8% below its estimated GF Value™ of €35.04.
GuruFocus considers Rogers Communications to be Modestly Undervalued.
Key valuation signals for FRA:RCIB:
Retained Earnings: €10,526 Mil
GF Value™: €35.04 vs. price of €29.17 (16.8% below fair value)
No single metric tells the full story. See the FRA:RCIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rogers Communications is the largest wireless service provider in Canada with more than 11 million subscribers, equating to one-third of the total Canadian market. Rogers' wireless business accounts for more than half of total revenue and has been growing at a higher rate than other segments. The cable segment, which provides about 38% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and major Toronto sports franchises, including the Blue Jays, Maple Leafs, Raptors, Toronto FC, and Argonauts.
82GF Score
Get the complete analysis for FRA:RCIB
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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