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. Hitachi Construction Machinery Co's retained earnings for the quarter that ended in Mar. 2026 was $3,874 Mil.
Hitachi Construction Machinery Co's quarterly retained earnings
declined
from Sep. 2025 ($4,026 Mil) to Dec. 2025 ($3,834 Mil) but then
increased
from Dec. 2025 ($3,834 Mil) to Mar. 2026 ($3,874 Mil).
Hitachi Construction Machinery Co's annual retained earnings
increased
from Mar. 2024 ($3,513 Mil) to Mar. 2025 ($3,893 Mil) but then
declined
from Mar. 2025 ($3,893 Mil) to Mar. 2026 ($3,874 Mil).
Hitachi Construction Machinery Co (OTCPK:HTCMF) 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.
Hitachi Construction Machinery Co Retained Earnings Historical Data
* 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.
Hitachi Construction Machinery Co Retained Earnings Chart
Hitachi Construction Machinery Co 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.
Hitachi Construction Machinery Co (HTCMF) has a Retained Earnings of $3,874 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hitachi Construction Machinery Co and its competitors.
Is Hitachi Construction Machinery Co's Retained Earnings too high?
Hitachi Construction Machinery Co's current Retained Earnings is $3,874 Mil. Overall, Hitachi Construction Machinery Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hitachi Construction Machinery Co's Retained Earnings compare to CAT and DE?
Hitachi Construction Machinery Co's Retained Earnings of $3,874 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Retained Earnings depends on the Farm & Heavy Construction Machinery 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 Hitachi Construction Machinery Co and its competitors. Hitachi Construction Machinery Co's current Retained Earnings is $3,874 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitachi Construction Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hitachi Construction Machinery Co (HTCMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.93, compared to a current price of $32.90 — trading 17.8% above its estimated fair value. The current Retained Earnings is $3,874 Mil. Hitachi Construction Machinery Co's overall GF Score™ is 76/100 with 2 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 Hitachi Construction Machinery Co (HTCMF), the current Retained Earnings is $3,874 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 Hitachi Construction Machinery Co (HTCMF) Overvalued in 2026?
Based on GuruFocus' analysis, Hitachi Construction Machinery Co stock appears to be overvalued.
The current stock price of $32.90 is trading 17.8% above its estimated GF Value™ of $27.93.
GuruFocus considers Hitachi Construction Machinery Co to be Modestly Overvalued.
Key valuation signals for HTCMF:
Retained Earnings: $3,874 Mil
GF Value™: $27.93 vs. price of $32.90 (17.8% above fair value)
No single metric tells the full story. See the HTCMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hitachi Construction Machinery Co Business Description
Hitachi Construction Machinery manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining and construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.42% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo.
76GF Score
Get the complete analysis for HTCMF
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
HTCMF has been successfully added to your 
