Grupo TelevisaB (MEX:TLEVISACPO) Retained Earnings: MXN103,800 Mil (As of Mar. 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:TLEVISACPO Grupo Televisa SAB MEX:TLEVISACPO
59 GF Score
Price MXN9.60
GF Value MXN8.94
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Grupo TelevisaB Retained Earnings?

Grupo TelevisaB MEX:TLEVISACPO +1.16% 59 Retained Earnings is MXN103,800 Mil as of Mar. 2026. GuruFocus rates MEX:TLEVISACPO with a GF Score™ of 59/100 and a GF Value™ of MXN8.94 (Fairly Valued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grupo TelevisaB's retained earnings for the quarter that ended in Mar. 2026 was MXN103,800 Mil.

Grupo TelevisaB's quarterly retained earnings declined from Sep. 2025 (MXN110,282 Mil) to Dec. 2025 (MXN102,652 Mil) but then increased from Dec. 2025 (MXN102,652 Mil) to Mar. 2026 (MXN103,800 Mil).

Grupo TelevisaB's annual retained earnings declined from Dec. 2023 (MXN120,400 Mil) to Dec. 2024 (MXN112,041 Mil) and declined from Dec. 2024 (MXN112,041 Mil) to Dec. 2025 (MXN102,652 Mil).


Grupo TelevisaB  (MEX:TLEVISACPO) 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.


Grupo TelevisaB Retained Earnings Historical Data

* Premium members only.

The historical data trend for Grupo TelevisaB'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.

Grupo TelevisaB Retained Earnings Chart

Grupo TelevisaB 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 88,218.19 131,053.86 120,400.30 112,041.10 102,652.14

Grupo TelevisaB 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 110,495.10 111,274.27 110,281.84 102,652.14 103,799.93
MEX:TLEVISACPO
59GF Score
Grupo Televisa SAB MEX:TLEVISACPO
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo TelevisaB 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 MXN103,800 Mil mean?
Grupo TelevisaB (MEX:TLEVISACPO) has a Retained Earnings of MXN103,800 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Grupo TelevisaB and its competitors.
Is Grupo TelevisaB's Retained Earnings too high?
Grupo TelevisaB's current Retained Earnings is MXN103,800 Mil. Overall, Grupo TelevisaB has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo TelevisaB's Retained Earnings compare to TMUS and VZ?
Grupo TelevisaB's Retained Earnings of MXN103,800 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services 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 Grupo TelevisaB and its competitors. Grupo TelevisaB's current Retained Earnings is MXN103,800 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo TelevisaB stock overvalued right now?
Based on GuruFocus' analysis, Grupo TelevisaB (MEX:TLEVISACPO) is currently considered Fairly Valued. The stock's GF Value™ is MXN8.94, compared to a current price of MXN9.60 — trading 7.4% above its estimated fair value. The current Retained Earnings is MXN103,800 Mil. Grupo TelevisaB's overall GF Score™ is 59/100 with 6 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 Grupo TelevisaB (MEX:TLEVISACPO), the current Retained Earnings is MXN103,800 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 Grupo TelevisaB (MEX:TLEVISACPO) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo TelevisaB stock appears to be overvalued. The current stock price of MXN9.60 is trading 7.4% above its estimated GF Value™ of MXN8.94. GuruFocus considers Grupo TelevisaB to be Fairly Valued.

Key valuation signals for MEX:TLEVISACPO:

  • Retained Earnings: MXN103,800 Mil
  • GF Value™: MXN8.94 vs. price of MXN9.60 (7.4% above fair value)
  • GF Score™: 59/100 with 6 warning signs

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


Grupo TelevisaB Business Description

Address Avenida Vasco de Quiroga, No. 2000, Colonia Santa Fe, Mexico, MEX, 01210
Televisa is one of the leading telecom firms in Mexico. Its cable arm, Izzi, holds networks that pass 20 million Mexican homes and provide broadband service to nearly 6 million customers. The firm is also one of the largest pay-television providers in Mexico, with nearly 4 million customers. Televisa owns Sky Mexico, the country's only satellite-TV provider, serving about 4 million customers. After merging its traditional media business into Univision, Grupo Televisa owns a 43% stake in the combined entity TelevisaUnivision. Grupo Televisa spun off several smaller businesses, including magazine publishing, three of Mexico's professional soccer teams, and Azteca Stadium in February 2024, under the name Ollamani.
59GF Score

Get the complete analysis for MEX:TLEVISACPO

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

MXN9.60
Price
MXN8.94
GF Value