SSAB AB (publ) (MIL:1SSAB) Retained Earnings: €2,433 Mil (As of Jun. 2026)

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MIL:1SSAB SSAB AB (publ) MIL:1SSAB
49 GF Score
Price €9.53
GF Value €5.86
Valuation Significantly Overvalued
! 6 Warning Signs
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What is SSAB AB (publ) Retained Earnings?

SSAB AB (publ) MIL:1SSAB 49 Retained Earnings is €2,433 Mil as of Jun. 2026. GuruFocus rates MIL:1SSAB with a GF Score™ of 49/100 and a GF Value™ of €5.86 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SSAB AB (publ)'s retained earnings for the quarter that ended in Jun. 2026 was €2,433 Mil.

SSAB AB (publ)'s quarterly retained earnings increased from Dec. 2025 (€2,287 Mil) to Mar. 2026 (€2,465 Mil) but then declined from Mar. 2026 (€2,465 Mil) to Jun. 2026 (€2,433 Mil).

SSAB AB (publ)'s annual retained earnings declined from Dec. 2023 (€1,966 Mil) to Dec. 2024 (€1,954 Mil) but then increased from Dec. 2024 (€1,954 Mil) to Dec. 2025 (€2,287 Mil).


SSAB AB (publ)  (MIL:1SSAB) 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.


SSAB AB (publ) Retained Earnings Historical Data

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The historical data trend for SSAB AB (publ)'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.

SSAB AB (publ) Retained Earnings Chart

SSAB AB (publ) 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 3,436.76 1,741.83 1,966.11 1,954.43 2,286.83

SSAB AB (publ) 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 2,078.29 2,218.74 2,286.83 2,464.51 2,432.83
MIL:1SSAB
49GF Score
SSAB AB (publ) MIL:1SSAB
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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SSAB AB (publ) 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 €2,433 Mil mean?
SSAB AB (publ) (MIL:1SSAB) has a Retained Earnings of €2,433 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on SSAB AB (publ) and its competitors.
Is SSAB AB (publ)'s Retained Earnings too high?
SSAB AB (publ)'s current Retained Earnings is €2,433 Mil. Overall, SSAB AB (publ) has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Retained Earnings compare to NUE and STLD?
SSAB AB (publ)'s Retained Earnings of €2,433 Mil can be compared against companies in the Steel 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 Steel company?
A good Retained Earnings depends on the Steel 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 SSAB AB (publ) and its competitors. SSAB AB (publ)'s current Retained Earnings is €2,433 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (MIL:1SSAB) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.86, compared to a current price of €9.53 — trading 62.6% above its estimated fair value. The current Retained Earnings is €2,433 Mil. SSAB AB (publ)'s overall GF Score™ is 49/100 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 SSAB AB (publ) (MIL:1SSAB), the current Retained Earnings is €2,433 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 SSAB AB (publ) (MIL:1SSAB) Overvalued in 2026?

Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued. The current stock price of €9.53 is trading 62.6% above its estimated GF Value™ of €5.86. GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.

Key valuation signals for MIL:1SSAB:

  • Retained Earnings: €2,433 Mil
  • GF Value™: €5.86 vs. price of €9.53 (62.6% above fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the MIL:1SSAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SSAB AB (publ) Business Description

Address Klarabergsviadukten 70, Building A, 8th floor, Stockholm, SWE, 11164
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
49GF Score

Get the complete analysis for MIL:1SSAB

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

€9.53
Price
€5.86
GF Value