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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nippon Express Holdings's retained earnings for the quarter that ended in Mar. 2026 was $3,843 Mil.
Nippon Express Holdings's quarterly retained earnings
declined
from Sep. 2025 ($4,464 Mil) to Dec. 2025 ($3,959 Mil) and
declined
from Dec. 2025 ($3,959 Mil) to Mar. 2026 ($3,843 Mil).
Nippon Express Holdings's annual retained earnings
declined
from Dec. 2023 ($4,407 Mil) to Dec. 2024 ($4,352 Mil) and
declined
from Dec. 2024 ($4,352 Mil) to Dec. 2025 ($3,959 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.
Nippon Express Holdings Retained Earnings Historical Data
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The historical data trend for Nippon Express Holdings'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.
Nippon Express Holdings (NPEHF) has a Retained Earnings of $3,843 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nippon Express Holdings and its competitors.
Is Nippon Express Holdings' Retained Earnings too high?
Nippon Express Holdings' current Retained Earnings is $3,843 Mil. Overall, Nippon Express Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Express Holdings' Retained Earnings compare to UPS and FDX?
Nippon Express Holdings' Retained Earnings of $3,843 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Retained Earnings depends on the Transportation 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 Nippon Express Holdings and its competitors. Nippon Express Holdings's current Retained Earnings is $3,843 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Express Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nippon Express Holdings (NPEHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.80, compared to a current price of $32.96 — trading 75.3% above its estimated fair value. The current Retained Earnings is $3,843 Mil. Nippon Express Holdings' overall GF Score™ is 54/100 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 Nippon Express Holdings (NPEHF), the current Retained Earnings is $3,843 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 Nippon Express Holdings (NPEHF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Express Holdings stock appears to be overvalued.
The current stock price of $32.96 is trading 75.3% above its estimated GF Value™ of $18.80.
GuruFocus considers Nippon Express Holdings to be Significantly Overvalued.
Key valuation signals for NPEHF:
Retained Earnings: $3,843 Mil
GF Value™: $18.80 vs. price of $32.96 (75.3% above fair value)
No single metric tells the full story. See the NPEHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Express Holdings Inc is engaged in the logistics business through five reportable segments: Japan, Americas, Europe, East Asia, and South Asia/Oceania. The company provides a wide range of logistics services, including railway, air, marine, and truck transportation, as well as warehousing, distribution, processing, and moving services. In addition to its core logistics operations, the group is also involved in security transport, heavy haulage and construction, and logistics support businesses, which include real estate, oil sales, and related services.
54GF Score
Get the complete analysis for NPEHF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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