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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BorgWarner's retained earnings for the quarter that ended in Mar. 2026 was MXN122,208 Mil.
BorgWarner's quarterly retained earnings
declined
from Sep. 2025 (MXN125,970 Mil) to Dec. 2025 (MXN118,297 Mil) but then
increased
from Dec. 2025 (MXN118,297 Mil) to Mar. 2026 (MXN122,208 Mil).
BorgWarner's annual retained earnings
increased
from Dec. 2023 (MXN104,426 Mil) to Dec. 2024 (MXN133,727 Mil) but then
declined
from Dec. 2024 (MXN133,727 Mil) to Dec. 2025 (MXN118,297 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.
BorgWarner Retained Earnings Historical Data
* Premium members only.
The historical data trend for BorgWarner'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 MXN122,208 Mil mean?
BorgWarner (MEX:BWA) has a Retained Earnings of MXN122,208 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on BorgWarner and its competitors.
Is BorgWarner's Retained Earnings too high?
BorgWarner's current Retained Earnings is MXN122,208 Mil. Overall, BorgWarner has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does BorgWarner's Retained Earnings compare to MOD and APTV?
BorgWarner's Retained Earnings of MXN122,208 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Retained Earnings depends on the Vehicles & Parts 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 BorgWarner and its competitors. BorgWarner's current Retained Earnings is MXN122,208 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BorgWarner stock overvalued right now?
BorgWarner (MEX:BWA) has a current Retained Earnings of MXN122,208 Mil. The stock's GF Value™ is MXN623.71, compared to a current price of MXN1,001.80 — trading 60.6% above its estimated fair value. The current Retained Earnings is MXN122,208 Mil. BorgWarner's overall GF Score™ is 75/100 with 1 warning sign 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 BorgWarner (MEX:BWA), the current Retained Earnings is MXN122,208 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 BorgWarner (MEX:BWA) Overvalued in 2026?
Based on GuruFocus' analysis, BorgWarner stock appears to be overvalued.
The current stock price of MXN1,001.80 is trading 60.6% above its estimated GF Value™ of MXN623.71.
Key valuation signals for MEX:BWA:
Retained Earnings: MXN122,208 Mil
GF Value™: MXN623.71 vs. price of MXN1,001.80 (60.6% above fair value)
No single metric tells the full story. See the MEX:BWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BorgWarner is a tier one supplier of turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems mostly to automotive original equipment manufacturers. Its products aim to move a vehicle with as few electrons as possible, resulting in cleaner, cost-optimized, and more-efficient vehicles. Foundational products, the combustion vehicle business, contributes more than 80% to group revenue while BorgWarner transitions to becoming an electric vehicle-centric parts supplier (e-business). In 2024, 23% of the company's revenue was sourced from Volkswagen and Ford. Revenue is well diversified geographically, with approximately a third each generated in North America, Europe, and Asia.
75GF Score
Get the complete analysis for MEX:BWA
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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