Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FS Credit Opportunities's retained earnings for the quarter that ended in Dec. 2025 was $-229.0 Mil.
FS Credit Opportunities's quarterly retained earnings
increased
from Dec. 2024 ($-232.6 Mil) to Jun. 2025 ($-203.3 Mil) but then
declined
from Jun. 2025 ($-203.3 Mil) to Dec. 2025 ($-229.0 Mil).
FS Credit Opportunities's annual retained earnings
increased
from Dec. 2023 ($-287.6 Mil) to Dec. 2024 ($-232.6 Mil) and
increased
from Dec. 2024 ($-232.6 Mil) to Dec. 2025 ($-229.0 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.
FS Credit Opportunities Retained Earnings Historical Data
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The historical data trend for FS Credit Opportunities'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 $-229.0 Mil mean?
FS Credit Opportunities (FSCO) has a Retained Earnings of $-229.0 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on FS Credit Opportunities and its competitors.
Is FS Credit Opportunities' Retained Earnings too high?
FS Credit Opportunities' current Retained Earnings is $-229.0 Mil. Overall, FS Credit Opportunities has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FS Credit Opportunities' Retained Earnings compare to RNP and VRTS?
FS Credit Opportunities' Retained Earnings of $-229.0 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Retained Earnings depends on the Asset Management 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 FS Credit Opportunities and its competitors. FS Credit Opportunities's current Retained Earnings is $-229.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS Credit Opportunities stock overvalued right now?
Based on GuruFocus' analysis, FS Credit Opportunities (FSCO) is currently considered Fairly Valued. The stock's GF Value™ is $5.33, compared to a current price of $4.94 — trading 7.3% below its estimated fair value. The current Retained Earnings is $-229.0 Mil. FS Credit Opportunities' overall GF Score™ is 44/100 with 4 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 FS Credit Opportunities (FSCO), the current Retained Earnings is $-229.0 Mil as of Dec. 2025. 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 FS Credit Opportunities (FSCO) Overvalued in 2026?
Based on GuruFocus' analysis, FS Credit Opportunities stock appears to be undervalued.
The current stock price of $4.94 is trading 7.3% below its estimated GF Value™ of $5.33.
GuruFocus considers FS Credit Opportunities to be Fairly Valued.
Key valuation signals for FSCO:
Retained Earnings: $-229.0 Mil
GF Value™: $5.33 vs. price of $4.94 (7.3% below fair value)
No single metric tells the full story. See the FSCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FS Credit Opportunities Corp is a closed-end management investment company. The Fund's primary investment objective is to generate an attractive total return consisting of a high level of current income and capital appreciation, with a secondary objective of capital preservation. It predominantly invests in a portfolio of secured and unsecured floating and fixed-rate loans, bonds, and other types of credit instruments. The credit instruments in which it invests are typically rated below investment grade by rating agencies or would be rated below investment grade if rated. To achieve its investment objectives, the fund focuses on strategies such as Opportunistic Credit, Special Situations, and Capital Structure Solutions.
44GF Score
Get the complete analysis for FSCO
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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