GRCLF (Graincorp) Retained Earnings: $612 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

GRCLF Graincorp Ltd GRCLF
66 GF Score
Price $3.47
GF Value $5.32
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Graincorp Retained Earnings?

Graincorp GRCLF 66 Retained Earnings is $612 Mil as of Mar. 2026. GuruFocus rates GRCLF with a GF Score™ of 66/100 and a GF Value™ of $5.32 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Graincorp's retained earnings for the quarter that ended in Mar. 2026 was $612 Mil.

Graincorp's quarterly retained earnings declined from Mar. 2025 ($624 Mil) to Sep. 2025 ($607 Mil) but then increased from Sep. 2025 ($607 Mil) to Mar. 2026 ($612 Mil).

Graincorp's annual retained earnings declined from Sep. 2023 ($671 Mil) to Sep. 2024 ($667 Mil) and declined from Sep. 2024 ($667 Mil) to Sep. 2025 ($607 Mil).


Graincorp  (OTCPK:GRCLF) 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.


Graincorp Retained Earnings Historical Data

* Premium members only.

The historical data trend for Graincorp'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.

Graincorp Retained Earnings Chart

Graincorp Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 446.78 610.47 671.08 667.10 606.66

Graincorp Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 673.18 667.10 623.95 606.66 612.14
GRCLF
66GF Score
Graincorp Ltd GRCLF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Graincorp 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $612 Mil mean?
Graincorp (GRCLF) has a Retained Earnings of $612 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Graincorp and its competitors.
Is Graincorp's Retained Earnings too high?
Graincorp's current Retained Earnings is $612 Mil. Overall, Graincorp has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Graincorp's Retained Earnings compare to ADM and BG?
Graincorp's Retained Earnings of $612 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods 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 Graincorp and its competitors. Graincorp's current Retained Earnings is $612 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Graincorp stock overvalued right now?
Based on GuruFocus' analysis, Graincorp (GRCLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $5.32, compared to a current price of $3.47 — trading 34.9% below its estimated fair value. The current Retained Earnings is $612 Mil. Graincorp's overall GF Score™ is 66/100 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 Graincorp (GRCLF), the current Retained Earnings is $612 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 Graincorp (GRCLF) Overvalued in 2026?

Based on GuruFocus' analysis, Graincorp stock appears to be undervalued. The current stock price of $3.47 is trading 34.9% below its estimated GF Value™ of $5.32. GuruFocus considers Graincorp to be Significantly Undervalued.

Key valuation signals for GRCLF:

  • Retained Earnings: $612 Mil
  • GF Value™: $5.32 vs. price of $3.47 (34.9% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the GRCLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Graincorp Business Description

Address Tower 2, International Towers, Level 20, 200 Barangaroo Avenue, Sydney, NSW, AUS, 2000
GrainCorp is an agribusiness with an integrated business model operating across three divisions. The company operates the largest grain storage and logistics network in eastern Australia. GrainCorp provides grain marketing services to all major grain-producing regions in Australia, as well as to Canadian and UK growers. The company has also diversified into edible oil refining and supply and bulk liquid storage.
66GF Score

Get the complete analysis for GRCLF

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.47
Price
$5.32
GF Value