Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Indorama Ventures PCL's retained earnings for the quarter that ended in Mar. 2026 was $1,382 Mil.
Indorama Ventures PCL's quarterly retained earnings
declined
from Sep. 2025 ($1,669 Mil) to Dec. 2025 ($1,518 Mil) and
declined
from Dec. 2025 ($1,518 Mil) to Mar. 2026 ($1,382 Mil).
Indorama Ventures PCL's annual retained earnings
declined
from Dec. 2023 ($2,393 Mil) to Dec. 2024 ($1,754 Mil) and
declined
from Dec. 2024 ($1,754 Mil) to Dec. 2025 ($1,518 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.
Indorama Ventures PCL Retained Earnings Historical Data
* Premium members only.
The historical data trend for Indorama Ventures PCL'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.
Indorama Ventures PCL (INDOY) has a Retained Earnings of $1,382 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Indorama Ventures PCL and its competitors.
Is Indorama Ventures PCL's Retained Earnings too high?
Indorama Ventures PCL's current Retained Earnings is $1,382 Mil. Overall, Indorama Ventures PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's Retained Earnings compare to DOW?
Indorama Ventures PCL's Retained Earnings of $1,382 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Retained Earnings depends on the Chemicals 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 Indorama Ventures PCL and its competitors. Indorama Ventures PCL's current Retained Earnings is $1,382 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indorama Ventures PCL stock overvalued right now?
Indorama Ventures PCL (INDOY) has a current Retained Earnings of $1,382 Mil. The stock's GF Value™ is $6.01, compared to a current price of $7.03 — trading 17% above its estimated fair value. The current Retained Earnings is $1,382 Mil. Indorama Ventures PCL's overall GF Score™ is 72/100 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 Indorama Ventures PCL (INDOY), the current Retained Earnings is $1,382 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 Indorama Ventures PCL (INDOY) Overvalued in 2026?
Based on GuruFocus' analysis, Indorama Ventures PCL stock appears to be overvalued.
The current stock price of $7.03 is trading 17% above its estimated GF Value™ of $6.01.
Key valuation signals for INDOY:
Retained Earnings: $1,382 Mil
GF Value™: $6.01 vs. price of $7.03 (17% above fair value)
No single metric tells the full story. See the INDOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives and Fibers. The maximum revenue is derived from the Combined PET segment.
72GF Score
Get the complete analysis for INDOY
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
INDOY has been successfully added to your 
