JBS NV (MEX:JBSN) Retained Earnings: MXN2,067 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:JBSN JBS NV MEX:JBSN
80 GF Score
Price MXN227.00
GF Value MXN307.44
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is JBS NV Retained Earnings?

JBS NV MEX:JBSN 80 Retained Earnings is MXN2,067 Mil as of Jun. 2026. GuruFocus rates MEX:JBSN with a GF Score™ of 80/100 and a GF Value™ of MXN307.44 (Significantly Undervalued). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JBS NV's retained earnings for the quarter that ended in Jun. 2026 was MXN2,067 Mil.

JBS NV's quarterly retained earnings declined from Dec. 2025 (MXN37,556 Mil) to Mar. 2026 (MXN3,978 Mil) and declined from Mar. 2026 (MXN3,978 Mil) to Jun. 2026 (MXN2,067 Mil).

JBS NV's annual retained earnings stayed the same from Dec. 2023 (MXN0 Mil) to Dec. 2024 (MXN0 Mil) but then increased from Dec. 2024 (MXN0 Mil) to Dec. 2025 (MXN37,556 Mil).


JBS NV  (MEX:JBSN) 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.


JBS NV Retained Earnings Historical Data

* Premium members only.

The historical data trend for JBS NV'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.

JBS NV Retained Earnings Chart

JBS NV 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 0.00 0.00 0.00 0.00 37,555.79

JBS NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 20,950.52 30,646.39 37,555.79 3,977.91 2,067.45
MEX:JBSN
80GF Score
JBS NV MEX:JBSN
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JBS NV 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 MXN2,067 Mil mean?
JBS NV (MEX:JBSN) has a Retained Earnings of MXN2,067 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on JBS NV and its competitors.
Is JBS NV's Retained Earnings too high?
JBS NV's current Retained Earnings is MXN2,067 Mil. Overall, JBS NV has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JBS NV's Retained Earnings compare to MKC and SJM?
JBS NV's Retained Earnings of MXN2,067 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods 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 JBS NV and its competitors. JBS NV's current Retained Earnings is MXN2,067 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBS NV stock overvalued right now?
Based on GuruFocus' analysis, JBS NV (MEX:JBSN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN307.44, compared to a current price of MXN227.00 — trading 26.2% below its estimated fair value. The current Retained Earnings is MXN2,067 Mil. JBS NV's overall GF Score™ is 80/100 with 8 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 JBS NV (MEX:JBSN), the current Retained Earnings is MXN2,067 Mil as of Jun. 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 JBS NV (MEX:JBSN) Overvalued in 2026?

Based on GuruFocus' analysis, JBS NV stock appears to be undervalued. The current stock price of MXN227.00 is trading 26.2% below its estimated GF Value™ of MXN307.44. GuruFocus considers JBS NV to be Significantly Undervalued.

Key valuation signals for MEX:JBSN:

  • Retained Earnings: MXN2,067 Mil
  • GF Value™: MXN307.44 vs. price of MXN227.00 (26.2% below fair value)
  • GF Score™: 80/100 with 8 warning signs

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


JBS NV Business Description

Address Stroombaan 16, 5th Floor, Amstelveen, NH, NLD, 05118-100
JBS NV is a protein food company, selling protein products, which include fresh and frozen cuts of beef, pork, lamb, fish, whole chickens, and chicken parts, to retailers, and foodservice companies. The food products are marketed under different brands such as Swift, Just Bare, Pilgrim's Pride, Sunnyvalley, Reserva Friboi, Great Southern, etc., globally. The company's reportable segments are Beef North America, which generates maximum revenue, Brazil, Seara, Pork USA, Pilgrim's Pride, Australia, and Others. Geographically, it derives majority of its revenue from United States of America.
80GF Score

Get the complete analysis for MEX:JBSN

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

MXN227.00
Price
MXN307.44
GF Value