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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Northern Technologies International's retained earnings for the quarter that ended in May. 2026 was $52.02 Mil.
Northern Technologies International's quarterly retained earnings
declined
from Nov. 2025 ($52.42 Mil) to Feb. 2026 ($52.29 Mil) and
declined
from Feb. 2026 ($52.29 Mil) to May. 2026 ($52.02 Mil).
Northern Technologies International's annual retained earnings
increased
from Aug. 2023 ($51.00 Mil) to Aug. 2024 ($53.77 Mil) but then
declined
from Aug. 2024 ($53.77 Mil) to Aug. 2025 ($52.27 Mil).
Northern Technologies International (NAS:NTIC) 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.
Northern Technologies International Retained Earnings Historical Data
* 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.
Northern Technologies International Retained Earnings Chart
Northern Technologies International 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.
Northern Technologies International (NTIC) has a Retained Earnings of $52.02 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Northern Technologies International and its competitors.
Is Northern Technologies International's Retained Earnings too high?
Northern Technologies International's current Retained Earnings is $52.02 Mil. Overall, Northern Technologies International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Technologies International's Retained Earnings compare to FSI and FEAM?
Northern Technologies International's Retained Earnings of $52.02 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Retained Earnings depends on the Chemicals 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 Northern Technologies International and its competitors. Northern Technologies International's current Retained Earnings is $52.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Northern Technologies International (NTIC) is currently considered Possible Value Trap. The stock's GF Value™ is $13.18, compared to a current price of $8.00 — trading 39.3% below its estimated fair value. The current Retained Earnings is $52.02 Mil. Northern Technologies International's overall GF Score™ is 56/100 with 5 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 Northern Technologies International (NTIC), the current Retained Earnings is $52.02 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 Northern Technologies International (NTIC) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Technologies International stock appears to be undervalued.
The current stock price of $8.00 is trading 39.3% below its estimated GF Value™ of $13.18.
GuruFocus considers Northern Technologies International to be Possible Value Trap.
Key valuation signals for NTIC:
Retained Earnings: $52.02 Mil
GF Value™: $13.18 vs. price of $8.00 (39.3% below fair value)
No single metric tells the full story. See the NTIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Technologies International Business Description
Northern Technologies International Corp is a United States-based firm that develops and markets proprietary, environmentally beneficial products and services world wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments, which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company. The company generates the majority of its revenue in the United States.
56GF Score
Get the complete analysis for NTIC
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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