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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. IHS Holding's retained earnings for the quarter that ended in Mar. 2026 was $-6,725 Mil.
IHS Holding's quarterly retained earnings
declined
from Sep. 2025 ($-6,725 Mil) to Dec. 2025 ($-6,800 Mil) but then
increased
from Dec. 2025 ($-6,800 Mil) to Mar. 2026 ($-6,725 Mil).
IHS Holding's annual retained earnings
declined
from Dec. 2023 ($-5,293 Mil) to Dec. 2024 ($-6,944 Mil) but then
increased
from Dec. 2024 ($-6,944 Mil) to Dec. 2025 ($-6,800 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.
IHS Holding Retained Earnings Historical Data
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The historical data trend for IHS Holding'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 $-6,725 Mil mean?
IHS Holding (IHS) has a Retained Earnings of $-6,725 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on IHS Holding and its competitors.
Is IHS Holding's Retained Earnings too high?
IHS Holding's current Retained Earnings is $-6,725 Mil. Overall, IHS Holding has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IHS Holding's Retained Earnings compare to NMRK and CWK?
IHS Holding's Retained Earnings of $-6,725 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Retained Earnings depends on the Real Estate 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 IHS Holding and its competitors. IHS Holding's current Retained Earnings is $-6,725 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IHS Holding stock overvalued right now?
Based on GuruFocus' analysis, IHS Holding (IHS) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.15, compared to a current price of $8.21 — trading 97.8% above its estimated fair value. The current Retained Earnings is $-6,725 Mil. IHS Holding's overall GF Score™ is 50/100 with 7 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 IHS Holding (IHS), the current Retained Earnings is $-6,725 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 IHS Holding (IHS) Overvalued in 2026?
Based on GuruFocus' analysis, IHS Holding stock appears to be overvalued.
The current stock price of $8.21 is trading 97.8% above its estimated GF Value™ of $4.15.
GuruFocus considers IHS Holding to be Significantly Overvalued.
Key valuation signals for IHS:
Retained Earnings: $-6,725 Mil
GF Value™: $4.15 vs. price of $8.21 (97.8% above fair value)
No single metric tells the full story. See the IHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria and Sub-Saharan Africa. The majority of its revenue is derived from Nigeria.
50GF Score
Get the complete analysis for IHS
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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