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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jersey Electricity's retained earnings for the quarter that ended in Mar. 2026 was £251.8 Mil.
Jersey Electricity's quarterly retained earnings
declined
from Mar. 2025 (£246.9 Mil) to Sep. 2025 (£246.9 Mil) but then
increased
from Sep. 2025 (£246.9 Mil) to Mar. 2026 (£251.8 Mil).
Jersey Electricity's annual retained earnings
increased
from Sep. 2023 (£235.1 Mil) to Sep. 2024 (£241.4 Mil) and
increased
from Sep. 2024 (£241.4 Mil) to Sep. 2025 (£246.9 Mil).
Jersey Electricity (LSE:JEL) 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.
Jersey Electricity Retained Earnings Historical Data
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The historical data trend for Jersey Electricity'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.
Jersey Electricity (LSE:JEL) has a Retained Earnings of £251.8 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Jersey Electricity and its competitors.
Is Jersey Electricity's Retained Earnings too high?
Jersey Electricity's current Retained Earnings is £251.8 Mil. Overall, Jersey Electricity has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jersey Electricity's Retained Earnings compare to NEE and SO?
Jersey Electricity's Retained Earnings of £251.8 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Retained Earnings depends on the Utilities - Regulated 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 Jersey Electricity and its competitors. Jersey Electricity's current Retained Earnings is £251.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jersey Electricity stock overvalued right now?
Based on GuruFocus' analysis, Jersey Electricity (LSE:JEL) is currently considered Modestly Undervalued. The stock's GF Value™ is £4.85, compared to a current price of £4.35 — trading 10.3% below its estimated fair value. The current Retained Earnings is £251.8 Mil. Jersey Electricity's overall GF Score™ is 71/100 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 Jersey Electricity (LSE:JEL), the current Retained Earnings is £251.8 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 Jersey Electricity (LSE:JEL) Overvalued in 2026?
Based on GuruFocus' analysis, Jersey Electricity stock appears to be undervalued.
The current stock price of £4.35 is trading 10.3% below its estimated GF Value™ of £4.85.
GuruFocus considers Jersey Electricity to be Modestly Undervalued.
Key valuation signals for LSE:JEL:
Retained Earnings: £251.8 Mil
GF Value™: £4.85 vs. price of £4.35 (10.3% below fair value)
No single metric tells the full story. See the LSE:JEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jersey Electricity PLC functions in the United Kingdom utility industry through the importation, transmission, distribution, generation, and supply of electricity. The company operates through business segments, including Energy, Building Services, retail, property, and others, with the majority of revenue generated from the Energy segment. Its businesses include Energy Division, Energy Solutions, JEBS, Jersey Energy, Jendev, and Jersey Deep Freeze, and its projects include Solar PV arrays, Smart Meter roll out, St Helier West Substation, Normandie 1, Normandie 3, and South Hill Switching Station.
71GF Score
Get the complete analysis for LSE:JEL
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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