Sun Life Financial (PHS:SLF) Retained Earnings: ₱569,957 Mil (As of Mar. 2026)


PHS:SLF Sun Life Financial Inc PHS:SLF
75 GF Score
Price ₱4,600.00
GF Value ₱3,546.89
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Sun Life Financial Retained Earnings?

Sun Life Financial PHS:SLF +2.13% 75 Retained Earnings is ₱569,957 Mil as of Mar. 2026. GuruFocus rates PHS:SLF with a GF Score™ of 75/100 and a GF Value™ of ₱3,546.89 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sun Life Financial's retained earnings for the quarter that ended in Mar. 2026 was ₱569,957 Mil.

Sun Life Financial's quarterly retained earnings declined from Sep. 2025 (₱575,037 Mil) to Dec. 2025 (₱573,469 Mil) and declined from Dec. 2025 (₱573,469 Mil) to Mar. 2026 (₱569,957 Mil).

Sun Life Financial's annual retained earnings declined from Dec. 2023 (₱554,545 Mil) to Dec. 2024 (₱550,550 Mil) but then increased from Dec. 2024 (₱550,550 Mil) to Dec. 2025 (₱573,469 Mil).


Sun Life Financial  (PHS:SLF) 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.


Sun Life Financial Retained Earnings Historical Data

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The historical data trend for Sun Life Financial'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.

Sun Life Financial Retained Earnings Chart

Sun Life Financial 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 542,267.24 528,366.21 554,545.34 550,549.86 573,468.73

Sun Life Financial 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 541,637.96 570,872.22 575,037.10 573,468.73 569,957.49
PHS:SLF
75GF Score
Sun Life Financial Inc PHS:SLF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Sun Life Financial 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 ₱569,957 Mil mean?
Sun Life Financial (PHS:SLF) has a Retained Earnings of ₱569,957 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sun Life Financial and its competitors.
Is Sun Life Financial's Retained Earnings too high?
Sun Life Financial's current Retained Earnings is ₱569,957 Mil. Overall, Sun Life Financial has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Life Financial's Retained Earnings compare to BRK.A and AIG?
Sun Life Financial's Retained Earnings of ₱569,957 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Retained Earnings depends on the Insurance 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 Sun Life Financial and its competitors. Sun Life Financial's current Retained Earnings is ₱569,957 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Life Financial stock overvalued right now?
Based on GuruFocus' analysis, Sun Life Financial (PHS:SLF) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱3,546.89, compared to a current price of ₱4,600.00 — trading 29.7% above its estimated fair value. The current Retained Earnings is ₱569,957 Mil. Sun Life Financial's overall GF Score™ is 75/100 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 Sun Life Financial (PHS:SLF), the current Retained Earnings is ₱569,957 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 Sun Life Financial (PHS:SLF) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Life Financial stock appears to be overvalued. The current stock price of ₱4,600.00 is trading 29.7% above its estimated GF Value™ of ₱3,546.89. GuruFocus considers Sun Life Financial to be Modestly Overvalued.

Key valuation signals for PHS:SLF:

  • Retained Earnings: ₱569,957 Mil
  • GF Value™: ₱3,546.89 vs. price of ₱4,600.00 (29.7% above fair value)
  • GF Score™: 75/100 with 8 warning signs

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


Sun Life Financial Business Description

Address 1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 35% of its 2025 adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 17% of the firm's adjusted earnings in 2025. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.2 trillion total assets under management or administration at the end of 2025 and represents around 30% of the firm's earnings.
75GF Score

Get the complete analysis for PHS:SLF

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

₱4,600.00
Price
₱3,546.89
GF Value