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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Karooooo's retained earnings for the quarter that ended in May. 2026 was R2,707 Mil.
Karooooo's quarterly retained earnings
increased
from Nov. 2025 (R2,190 Mil) to Feb. 2026 (R2,412 Mil) and
increased
from Feb. 2026 (R2,412 Mil) to May. 2026 (R2,707 Mil).
Karooooo's annual retained earnings
increased
from Feb. 2024 (R1,803 Mil) to Feb. 2025 (R2,112 Mil) and
increased
from Feb. 2025 (R2,112 Mil) to Feb. 2026 (R2,412 Mil).
Karooooo (JSE:KRO) 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.
Karooooo Retained Earnings Historical Data
* Premium members only.
The historical data trend for Karooooo'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.
Karooooo (JSE:KRO) has a Retained Earnings of R2,707 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Karooooo and its competitors.
Is Karooooo's Retained Earnings too high?
Karooooo's current Retained Earnings is R2,707 Mil. Overall, Karooooo has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karooooo's Retained Earnings compare to BVC and ASAN?
Karooooo's Retained Earnings of R2,707 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 Karooooo and its competitors. Karooooo's current Retained Earnings is R2,707 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karooooo stock overvalued right now?
Based on GuruFocus' analysis, Karooooo (JSE:KRO) is currently considered Modestly Overvalued. The stock's GF Value™ is R912.79, compared to a current price of R1,031.42 — trading 13% above its estimated fair value. The current Retained Earnings is R2,707 Mil. Karooooo's overall GF Score™ is 89/100 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 Karooooo (JSE:KRO), the current Retained Earnings is R2,707 Mil as of May. 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 Karooooo (JSE:KRO) Overvalued in 2026?
Based on GuruFocus' analysis, Karooooo stock appears to be overvalued.
The current stock price of R1,031.42 is trading 13% above its estimated GF Value™ of R912.79.
GuruFocus considers Karooooo to be Modestly Overvalued.
Key valuation signals for JSE:KRO:
Retained Earnings: R2,707 Mil
GF Value™: R912.79 vs. price of R1,031.42 (13% above fair value)
No single metric tells the full story. See the JSE:KRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karooooo Ltd is a provider of an operational intelligence platform. Through its cloud platform, the company enables fleet and asset management, fuel management, workforce management, logistics, safety, including AI-assisted video safety, compliance, risk, and environmental impact management. Its segments are: Cartrack, which generates the majority of revenue, provides an operational intelligence platform that maximizes the value of transportation, operations, and workflow data through insightful real-time data analytics to connected vehicles and equipment, and Karooooo Logistics provides a software application enabling the management of last-mile B2B delivery and general operational logistics (Delivery-as-a-Service or DaaS). It generates the majority of its revenue from South Africa.
89GF Score
Get the complete analysis for JSE:KRO
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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