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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Norris Industries's retained earnings for the quarter that ended in May. 2026 was $-12.86 Mil.
Norris Industries's quarterly retained earnings
declined
from Nov. 2025 ($-12.35 Mil) to Feb. 2026 ($-12.62 Mil) and
declined
from Feb. 2026 ($-12.62 Mil) to May. 2026 ($-12.86 Mil).
Norris Industries's annual retained earnings
declined
from Feb. 2024 ($-11.31 Mil) to Feb. 2025 ($-11.96 Mil) and
declined
from Feb. 2025 ($-11.96 Mil) to Feb. 2026 ($-12.62 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.
Norris Industries Retained Earnings Historical Data
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The historical data trend for Norris Industries'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 $-12.86 Mil mean?
Norris Industries (NRIS) has a Retained Earnings of $-12.86 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Norris Industries and its competitors.
Is Norris Industries' Retained Earnings too high?
Norris Industries' current Retained Earnings is $-12.86 Mil. Overall, Norris Industries has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norris Industries' Retained Earnings compare to TPET and BRN?
Norris Industries' Retained Earnings of $-12.86 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas 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 Norris Industries and its competitors. Norris Industries's current Retained Earnings is $-12.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norris Industries stock overvalued right now?
Based on GuruFocus' analysis, Norris Industries (NRIS) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.13 — trading 227.8% above its estimated fair value. The current Retained Earnings is $-12.86 Mil. Norris Industries' overall GF Score™ is 17/100 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 Norris Industries (NRIS), the current Retained Earnings is $-12.86 Mil as of May. 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 Norris Industries (NRIS) Overvalued in 2026?
Based on GuruFocus' analysis, Norris Industries stock appears to be overvalued.
The current stock price of $0.13 is trading 227.8% above its estimated GF Value™ of $0.04.
GuruFocus considers Norris Industries to be Significantly Overvalued.
Key valuation signals for NRIS:
Retained Earnings: $-12.86 Mil
GF Value™: $0.04 vs. price of $0.13 (227.8% above fair value)
No single metric tells the full story. See the NRIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
17GF Score
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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