KONE Oyj (LTS:0II2) Retained Earnings: €1,803 Mil (As of Mar. 2026)


LTS:0II2 KONE Oyj LTS:0II2
79 GF Score
Price €49.31
GF Value €51.61
Valuation Fairly Valued
! 3 Warning Signs
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What is KONE Oyj Retained Earnings?

KONE Oyj LTS:0II2 -0.54% 79 Retained Earnings is €1,803 Mil as of Mar. 2026. GuruFocus rates LTS:0II2 with a GF Score™ of 79/100 and a GF Value™ of €51.61 (Fairly Valued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KONE Oyj's retained earnings for the quarter that ended in Mar. 2026 was €1,803 Mil.

KONE Oyj's quarterly retained earnings increased from Sep. 2025 (€2,252 Mil) to Dec. 2025 (€2,528 Mil) but then declined from Dec. 2025 (€2,528 Mil) to Mar. 2026 (€1,803 Mil).

KONE Oyj's annual retained earnings increased from Dec. 2023 (€2,387 Mil) to Dec. 2024 (€2,450 Mil) and increased from Dec. 2024 (€2,450 Mil) to Dec. 2025 (€2,528 Mil).


KONE Oyj  (LTS:0II2) 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.


KONE Oyj Retained Earnings Historical Data

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The historical data trend for KONE Oyj'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.

KONE Oyj Retained Earnings Chart

KONE Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,549.00 2,420.90 2,386.60 2,449.70 2,527.60

KONE Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,734.10 2,018.90 2,251.80 2,527.60 1,802.90
LTS:0II2
79GF Score
KONE Oyj LTS:0II2
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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KONE Oyj 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €1,803 Mil mean?
KONE Oyj (LTS:0II2) has a Retained Earnings of €1,803 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on KONE Oyj and its competitors.
Is KONE Oyj's Retained Earnings too high?
KONE Oyj's current Retained Earnings is €1,803 Mil. Overall, KONE Oyj has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KONE Oyj's Retained Earnings compare to GEV and ETN?
KONE Oyj's Retained Earnings of €1,803 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Retained Earnings depends on the Industrial Products 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 KONE Oyj and its competitors. KONE Oyj's current Retained Earnings is €1,803 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KONE Oyj stock overvalued right now?
Based on GuruFocus' analysis, KONE Oyj (LTS:0II2) is currently considered Fairly Valued. The stock's GF Value™ is €51.61, compared to a current price of €49.31 — trading 4.5% below its estimated fair value. The current Retained Earnings is €1,803 Mil. KONE Oyj's overall GF Score™ is 79/100 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 KONE Oyj (LTS:0II2), the current Retained Earnings is €1,803 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 KONE Oyj (LTS:0II2) Overvalued in 2026?

Based on GuruFocus' analysis, KONE Oyj stock appears to be undervalued. The current stock price of €49.31 is trading 4.5% below its estimated GF Value™ of €51.61. GuruFocus considers KONE Oyj to be Fairly Valued.

Key valuation signals for LTS:0II2:

  • Retained Earnings: €1,803 Mil
  • GF Value™: €51.61 vs. price of €49.31 (4.5% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the LTS:0II2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KONE Oyj Business Description

Address Keilasatama 3, P.O. Box 7, Espoo, FIN, 02150
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to closest competitors Otis, Schindler, and TK Elevator.
79GF Score

Get the complete analysis for LTS:0II2

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€49.31
Price
€51.61
GF Value